Which outsourced accounting provider is best for an Australian business?
There isn’t one best offshore provider, because the options aren’t substitutes for each other. Five different models get sold under the same umbrella term:
- A dedicated offshore accountant who joins your finance team and takes direction from your managers. Suits a business that has a finance lead, usually based onshore, to direct the work. S&B Private, Cloudstaff, Staff Domain, MicroSourcing and hammerjack sit here.
- Providers built just for accounting practices, not for the finance team in an operating business: TOA Global, BOSS, QX and Odyssey. They’re the biggest names in the category, most “best provider” lists profile exactly this group, and each says in its own published words that accounting firms are its client — quoted in their entries below (9-12). For a business reader they’re the least likely fit.
- Task-based outsourcing, where you send work out and it comes back ready for review. Outbooks is a common example.
- Onshore delivery, at onshore rates. Visory (staff in Australia or New Zealand) and the Big Four CFO advisory and finance outsourcing services.
- Whole-function outsourcing, where an entire department, division, or process moves to an external provider, using an offshore delivery arm. Accenture and the global consulting firms operate at this end, aimed at large corporations rather than a business adding capacity to an existing team.
How this list is ranked: by fit for an Australian business adding capacity to its own finance function. That’s why the practice-facing providers sit at the bottom regardless of their size, and it is the only thing the order measures — this is a fit ranking, not a quality ranking. If you want a named person inside your team using your systems, and you have someone to direct them, start at the top. If you want to hand work out and get it back finished, start at number 6.
Why are Australian businesses outsourcing accounting in 2026?
Increasing regulation and complexity is driving higher compliance workloads, and combined with the lack of local talent, that has left many businesses looking offshore to keep up cost-effectively.
Chartered Accountants ANZ surveyed members who advertised accounting vacancies through 2025 and found a high likelihood of Australia-wide shortages of general accountants, taxation accountants and auditors, with the lack of experienced professionals the main reason roles went unfilled (CA ANZ, 2026 Occupation Shortage List submission). Hiring locally is expensive where it’s possible at all: Robert Half’s 2026 guide puts the national median at $85,000 for a bookkeeper and $105,000 for a financial accountant, before superannuation and on-costs. And the compliance load keeps growing: since 1 July 2026, Payday Super requires super to be paid with every pay run instead of quarterly, with contributions reaching the employee’s fund within seven business days.
None of that makes offshore the answer by itself, but it does explain why the question keeps coming up.
Every provider compared
| Provider | Model | Delivery location | Built for | Engagement basis | Rates published? | |
| 1 | S&B Private | Dedicated offshore staff specialised in accounting and finance | Sri Lanka, Australian management |
Businesses with a finance lead, and accounting firms | All-in monthly fee per full-time person | No |
| 2 | Cloudstaff | Dedicated offshore staff, many functions | Philippines, Colombia, India, Kenya | Businesses across many practice areas | Staff cost + management fee | No |
| 3 | Staff Domain | Offshore staffing, BPO, employer of record | Philippines, South Africa |
Businesses across six sectors | Staff cost + management fee | Yes |
| 4 | MicroSourcing | Offshore teams and capability centres | Philippines, Colombia |
Businesses across several industries | Varies by model | No |
| 5 | hammerjack | Dedicated offshore staff, several functions | Philippines | Businesses, several sectors | Staff cost + management fee | Indicative ranges |
| 6 | Outbooks | Task-based outsourced bookkeeping | UK HQ; offices London, Australia, India | Businesses and firms | Fixed monthly packages | Yes |
| 7 | Visory | Onshore bookkeeping platform | Australia and New Zealand | Australian and NZ businesses |
Set monthly fees |
Yes (starting prices) |
| 8 | Big Four (PwC, Deloitte, KPMG, EY) Accenture |
Managed or co-sourced finance function | Australia | Mid-market to enterprise | Bespoke arrangements including fixed components, cost saving based fees and seat based fees | No |
| 9 | TOA Global | Dedicated offshore accounting staff | Philippines, South Africa; Gold Coast AU office |
Accounting firms (its stated exclusivity) | Staff cost + management fee | No |
| 10 | BOSS | Task-based and dedicated options | India | Australian accounting firms | Casual, dedicated or fixed-fee |
No |
| 11 | QX (QXAS) | Outsourced accounting and audit support |
India, Mexico | Accounting firms |
Part-time or full-time equivalents |
No |
| 12 | Odyssey | Task-based compliance outsourcing |
Vietnam | Australian accounting, bookkeeping and financial planning firms | Hourly, fixed resource, or fixed job |
Yes |
| 13 | Upwork / Fiverr | Freelance marketplaces | Global | One-off, scoped tasks | Freelancer-set plus platform fee |
Freelancer -set |
1. S&B Private – dedicated accountant in your finance team
With S&B Private, you get a specialist recruitment, onboarding and training partner that provides dedicated accountants who are an extension of your team. They work in your systems, on your processes, and you direct their work. The offshore provider employs them, trains them, and handles the employment relationship. This is the model to look at if your problem is capacity in an existing Finance team.
It has one structural requirement, and the providers at the top of this list are generally upfront about it: somebody on your side has to manage the person. If you don’t have a finance leader with time to direct and review work, this model hands you a management job instead of taking one away.
Delivery from Sri Lanka. Australian management. Founded by two practising Australian accountants.
S&B Private recruits, employs, trains and manages accountants in Sri Lanka and places them into an Australian business’ finance team or an accounting firm (sbprivate.com.au). The published framing is “Managed by us. Directed by you.” S&B handles recruitment, background checks, onboarding, HR, payroll compliance, ongoing training, IT and office space, and the client directs the day-to-day work.
Both founders ran established Australian accounting practices. S&B Private started as a solution for their own hiring problem — a recruitment and training system built and proved inside their own firms, where the model ran for 6 years before it was offered to other companies.
Capability is where a model like this stands or falls. S&B Private trains placed accountants to “a standard expected of a local Australian accounting hire”, benchmarks them against Australian accountants, and runs in-depth weekly technical training in Australian tax and accounting; the qualifications are graduate and postgraduate (sbprivate.com.au/solutions/for-accountants). This is not a labour hire or employer-of-record arrangement, and it isn’t pooled delivery either. Each accountant works for one client only, a contrast S&B draws with BPO providers delegating tasks to pooled teams across multiple clients.
Several recent customer interviews point the same way with S&B’s clients naming capability as the main differentiator. More than one client said they chose S&B Private knowing cheaper options existed. Several described earlier failed arrangements with other offshore providers that went quiet once a person was in the seat. Those conversations were S&B’s own, with a small set of its clients, so treat them as consistent with the published standard rather than proof of it.
The working day typically is from 11.30am to 8.30pm AEST. On a 9-to-5 day that’s 5.5 hours of live overlap on standard time, and it runs past the point where most Australian offices go quiet, so a question raised late in the day doesn’t have to wait until the next morning, essentially extending the working day for your business.
Work covered includes budgeting and forecasting, bank reconciliations, accounts preparation, BAS preparation, and software implementation. IT systems are managed by an external provider in Melbourne, with infrastructure mapped to the Essential 8, and a placement is replaced if it doesn’t work out. The published commitment also runs past the placement: “We don’t just place someone and hand you the responsibility. We stay involved throughout.” (sbprivate.com.au).
S&B Private also provide a short notice period for engagements that do not work out and actively works with its offshore staff to place them in an engagement that is the right fit for their career objectives and capabilities. This is different to arrangements where there is a salary + service fee component like many Philippines based providers, where you are required to handle all notice requirements and costs involved in exiting staff members if you wish to end the engagement with the offshore provider.
Best fit for: Australian businesses that already have a CFO, finance manager or financial controller and need more hands underneath them. S&B Private’s own stated ideal client is “businesses with an experienced CFO or finance manager” and accounting firms with two or more partners (sbprivate.com.au FAQ).
What S&B Private does not do. It doesn’t run a payroll bureau or an outsourcing hub, and it doesn’t take over your internal finance capability. S&B Private places accountants into your team; the lodgement and sign-off responsibilities stay where they were. It also doesn’t recruit outside finance: “our business is exclusively focused on recruiting and training qualified finance and accounting professionals”, not IT, administration or marketing professionals, and not virtual assistants (sbprivate.com.au/solutions/for-businesses).
Watch-outs:
- The delivery team is smaller than the Philippines-based providers on this list. TOA Global publishes a figure of “4,232+ accountants and bookkeepers in the Philippines”. If you need to move an entire department or process offshore, S&B Private might not be your best choice.
- The model needs management input from you. You direct the work, so it isn’t independent of you. Businesses without a capable finance leader with capacity to supervise should look at the task-based or onshore models instead.
- Time zone. Sri Lanka has less overlap of working hours compared to Philippines-based providers for businesses located on the eastern seaboard of Australia, which may impact extremely time sensitive workloads, such as payroll. Perth based businesses may find the time zone overlap with Sri Lanka ideal.
2. Cloudstaff – dedicated offshore staff across many functions
Delivery from the Philippines, Colombia, India and Kenya.
Cloudstaff builds dedicated offshore teams across a wide range of practice areas, with accounting one of them alongside legal, healthcare, technology and others. The company says it handles “contracts, set up secure equipment and infrastructure, and kick off training aligned to your workflows” while clients keep “full day-to-day control”. and that “Most teams are up and running within 15-25 days” (cloudstaff.com/about-us). It publishes a cost claim of delivering “the same role at approximately 70% of fully-loaded cost” (cloudstaff.com), though that figure appears on a United States-facing page and isn’t given in Australian dollars.
Best fit for: businesses that want offshore capacity beyond finance, want one provider for all offshore functions and have the internal capacity to actively manage their offshore team. The Philippines offset (UTC+8) gives the closest overlap to Australian hours of any offshore location here.
Watch-out: accounting is one practice area among many, not their whole business.
3. Staff Domain – offshore staffing, BPO and employer of record
Delivery from the Philippines and South Africa.
Staff Domain offers offshore staffing, BPO and employer-of-record arrangements across six sectors, one of which is accounting and finance (staffdomain.com). It publishes per-person pricing: offshore staffing from AUD $799 per person per month working from home, or $1,099 office-based (staffdomain.com/solutions/start). The employer-of- record option is the differentiator worth understanding: it’s a way to engage someone offshore where the provider is the legal employer, but all other responsibilities and obligations rest with you.
Best fit for: businesses that want a choice of engagement structures, including ones where the provider carries the employment relationship explicitly.
Worth asking: which structure a proposal actually uses — staffing, BPO or employer of record – because your obligations differ under each.
4. MicroSourcing – offshore teams and capability centres
Delivery from the Philippines and Colombia.
MicroSourcing builds offshore teams and capability centres, describing the arrangement as one where “Your offshore team functions as a true extension of your organization. You choose the talent, set expectations and drive performance, while we handle the rest — recruitment, HR, facilities, IT, compliance” (microsourcing.com/about-us). It reports “8,000+ Profiles hired” and thirteen service delivery locations.
Best fit for: larger businesses transferring an entire process or department offshore, at scale. The capability-centre framing is aimed at teams; a business adding one or two people to an existing team is shopping at the top of this list.
Worth asking: how the capability-centre model scales down if you’re starting with a small offshore team.
5. hammerjack – dedicated offshore staff, Philippines
Delivery from the Philippines.
hammerjack places offshore staff across finance and accounting, administration, sales and marketing, and IT, reporting “1k+ Skilled Professionals” and “300+ Businesses Helped” (hammerjack.com.au). It breaks its commercial structure into “Staff Direct Costs”, a “Fixed Service Fee” and “Your Monthly Investments”, and publishes indicative all-inclusive monthly rate ranges by role, plus an AUD $940 setup fee, in its resources pages (hammerjack.com.au).
Best fit for: businesses that want the Philippines time-zone overlap and a cost structure they can see the parts of.
Worth asking: which published rate range applies to the specific role and seniority you need, who handles day-to-day mentoring, career development and performance management.
6. Outbooks – task-based outsourced bookkeeping
You send work out and it comes back done. There’s no named person sitting in your team; the work on your side is scoping what goes out and reviewing what comes back. For a business with straightforward transaction volumes and nobody internal to supervise a placement, this is often the sensible answer.
Outbooks provides accounting outsourcing services to SME businesses and accounting firms in Australia and publishes a cost-saving claim of up to 50%, with a dedicated account manager on each engagement (outbooks.com.au). It also publishes fixed monthly bookkeeping packages from $50 to $500 per month, tiered by transaction volume, quotes smaller jobs at typically $20 per hour plus GST, and describes itself as a certified partner of Xero and QuickBooks (outbooks.com.au/services/bookkeeping-pricing). Its pricing page states plainly that it doesn’t provide accounting and tax services itself, and can engage a tax agent for clients who need one. On its own LinkedIn page the company describes itself as “headquartered in the UK” with “offices in London, Australia and India” (linkedin.com/company/outbooks), and lists an Australian contact address in Southport, Queensland, ABN 21 643 775 375 (outbooks.com.au/contact-us).
Best fit for: businesses wanting bookkeeping and BAS preparation handled externally at a lower price point than onshore, without adding a person to manage.
Worth asking: what systems are being used, where delivery is performed, how data is handled, and how quality control is managed — questions worth putting to every provider on this list, and covered in the checklist below.
7. Visory – onshore bookkeeping platform
This entry and the next are the closest to home: Australian and New Zealand staff, at onshore rates. If cross-border data transfer is a live concern for your board, or your sector’s procurement rules make it one, this is the group that mostly removes it — with one precise caveat. Visory’s staff can be based in New Zealand, and a New Zealand-based person accessing your records is still a cross-border disclosure under APP 8, even if to a closely comparable privacy regime. Where a platform hosts its data is a separate question again, and still worth asking.
Visory is a platform-delivered bookkeeping and reporting service using onshore staff: “To join Visory our Experts must live in Australia or New Zealand and meet rigorous recruitment, training and certification standards” (visory.com.au). It charges “Set monthly fees protecting you from ballooning hourly rates with published starting prices of $545 per month for businesses with monthly expenses up to $75,000 and $895 per month up to $125,000, and a contact-for-pricing tier above that (visory.com.au/pricing).
Best fit for: Australian businesses that want onshore delivery, predictable monthly cost, and a software-led way of working.
Worth asking: where the platform hosts its data — onshore staff doesn’t by itself settle any concerns regarding data residency.
8. The Big Four professional services firms – PwC, Deloitte, KPMG and EY (plus Accenture)
All four of the big firms run outsourced finance and CFO advisory services in Australia, and they are not one product. KPMG’s Finance Hub, which KPMG files under its mid-market and private-business services, offers outsourced bookkeeping, payroll and finance function work delivered by a dedicated KPMG engagement team (kpmg.com/au Finance Hub). Deloitte’s Finance Operate Services “designs, builds and helps run finance, tax and accounting operations end-to-end” (deloitte.com/au Finance Operate). PwC Australia publishes an Outsourced CFO service through PwC Private (pwc.com.au/pwc-private/outsourced-cfo.html). EY’s Finance and Accounting Managed Services teams “can help your business keep pace with evolving regulation, technology and talent demands” (ey.com/en_au/services).
Best fit for: businesses where the finance problem comes bundled with a transaction, a systems replacement, or a reporting obligation that needs a name on it.
Worth asking: what minimum engagement your problem needs to justify — no pricing appears on any of the cited service pages. Also note that the work may ultimately be delivered by teams offshore, with the provider — not you – making those resourcing decisions.
9. TOA Global – offshore accounting staff, built for accounting practices
This and the next three entries are built for accounting practices, by each provider’s own published description. On a fit ranking for a business finance function that places them lower down the list — which is worth knowing before you shortlist them.
They are still worth understanding for a second reason. If your own external accountant uses one of these providers, some of the work you are paying that accountant for may already be delivered offshore — a fair question to put to them.
Delivery from the Philippines and Cape Town. Gold Coast (Australia) office. Founded by Nick Sinclair; the business took the name The Outsourced Accountant in 2015, and is one of the most prominent players in the offshore accounting industry.
The largest provider in this category by its own published numbers: “over 1,258+ international firms” served and “more than 4,232+ accountants and bookkeepers in the Philippines with “over 10 years of exclusive service to the accounting industry” and nine offices “in Fort Worth (Texas), the Gold Coast (Australia), four cities in the Philippines and Cape Town (South Africa)” (toaglobal.com/au/our-story). TOA Global runs a registered training organisation and a “seven-week Accelerator Program” for accountants working on Australian and United States files.
Built for: accounting firms. TOA Global is direct about this being deliberate: the “exclusivity in dealing solely with accounting firms set the business apart”.
Consider it if: you are an accounting practice, or a business large enough that scale matters more than model fit, and you have strong internal resources to manage a team of offshore accountants.
10. BOSS – task-based and dedicated options, built for accounting practices
Delivery from India. Operating since 2004. Australian-owned, with BOSS India a subsidiary of BOSS Australia.
BOSS has “empowered Australian accounting firms by providing skilled accountants and bookkeepers” since 2004 and offers three named engagement structures: a “Casual Quick-Fix Solution™”, a “Dedicated Solution™” and a “Freedom Solution™” (boz.com.au/about-boss). It notes that nine of its India-based accountants hold both MIPA and AFA qualifications.
Built for: Australian accounting firms, with the casual option aimed at short-notice overflow.
11. QX (QX Accounting Services) – outsourced accounting and audit support, built for accounting practices
Delivery from India and Mexico. Part of QX Global Group.
QXAS “delivers the full-spectrum of outsourced accounting services to accounting firms in Australia”, covering accounting, audit support, tax and technology work, and describes “20+ years of Expertise”, “1000+ Dedicated Accountants” and delivery through “5 Delivery Centers in India and 1 new center opening in Mexico” (qxaccounting.com/australia). It publishes SOC 2 Type 2, ISO 27001 and ISO 9001 certifications.
Built for: accounting firms, including private-equity-backed practices, which QXAS calls out as a specific segment.
Note for Australian readers: much of the service copy on the Australian page describes United States accounting standards and tax legislation. If you’re evaluating QXAS for Australian work, confirm the Australian service scope directly.
12. Odyssey – task-based compliance outsourcing, built for accounting practices
Delivery from Vietnam. Set up in 1998. Australian owned and managed.
Odyssey completes “over 15,000 Australian tax returns, including around 10,000 Australian Superannuation tax returns” annually from its Vietnam operations centre, with “250+ professional accountants servicing over 750 Australian Accounting/Bookkeeping/Financial Planning firms” (odyssey-resources.com). Its listed software coverage spans Xero, MYOB, BGL, Sage, Class and QuickBooks (same site). Its founder is an FCPA and registered tax agent, and the business is a CPA Australia Recognised Employer.
Odyssey publishes its rates in more detail than anyone else on this list, which makes it a useful anchor for what task-based offshore compliance work costs for accounting firms:
| Odyssey published rate | Amount |
| Bookkeeping | $25 per hour (reviewed onsite by managers at $60 per hour) |
| BAS and SMSF accounting/tax | $40 per hour (review at $60 per hour) |
| Company, trust, partnership and individual accounting/tax | $50 per hour (review at $75 per hour) |
| Fixed full-time resource | From $3,000 per month, no setup fee |
Source: odyssey-resources.com.
Built for: Australian accounting, bookkeeping and financial planning firms. Its service agreement request form asks for the client’s tax agent or BAS agent number (odyssey-resources.com).
And the marketplaces: Upwork and Fiverr, unranked
Upwork and Fiverr are marketplaces, not providers. You post a scope, freelancers bid or you buy a fixed package, and there’s no provider organisation in the middle managing quality, continuity, training or replacement.
For a defined one-off with a clear finish line, such as a software migration or a chart-of-accounts cleanup, that can work well and cost very little. For recurring finance work it introduces continuity risk that the other models exist to remove: if your freelancer becomes unavailable, you start again. Screening for Australian tax knowledge is also entirely your job.
We’ve included them because people genuinely compare them against the models above. They’re not really comparable, and treating them as interchangeable is how outsourcing arrangements go wrong. Data security is the other consideration when engaging individual contractors directly: there is no organisation standing behind the arrangement to answer for how your business records are held and what security measures are in place to protect them from unauthorised access.
How to choose an outsourced accounting provider, in the order that matters
1. Work out which model you’re buying
This is the decision that determines everything else, and it’s the one most often skipped. A dedicated placement and a task-based service are not two prices for the same thing. In our experience, trying to use one as the other is the most common way these arrangements fail.
The test is simple: do you have someone internal with the time and seniority to direct and review another person’s work? If yes, a dedicated placement multiplies what that person can get through. If no, task-based or onshore might be the answer, whatever the hourly comparison says.
2. Treat cross-border data as a compliance question
Financial records usually carry personal information (employee, customer and supplier details), and for a business covered by the Privacy Act, giving an overseas provider access to it is in most circumstances a cross-border disclosure to which Australian Privacy Principle 8 applies. The OAIC treats some arrangements where the business keeps effective control as a use instead, and very small businesses can sit outside the Act altogether; if you run a finance function, don’t plan on the exemption. Ask where data physically sits, where the work is physically performed, who can access the records, and what the provider’s position is on APP 8. Certifications start the conversation; they don’t settle it. A provider that can walk you through its actual arrangement is telling you something a logo can’t.
3. Ask what seniority you’re getting
In the customer conversations behind this article (a small set, so treat it as signal, not statistics), expectation mismatch on seniority came up more often than cost, quality or communication. “A qualified accountant” covers an enormous range. Ask what level of work the person will produce unsupervised in month one, and what it looks like by month six. And ask every provider, specialist or multi-service alike, how Australian tax and compliance training is delivered and how often — the answers vary more than the brochures do. Ask which platforms their people work in every day, too: fluency in your stack, whether that’s Xero, MYOB, QuickBooks or NetSuite, is checkable in the first week and painful to discover missing later.
4. Pilot it
One role for three months costs a fraction of a multi-year commitment that turns out to be the wrong model. A provider unwilling to start small is worth a second look. It is important to hire carefully based on a holistic value proposition, rather than on headline cost alone.
Outsourced, offshore, and freelance: what the words actually mean
The terms get used interchangeably, which is part of why this market is hard to compare.
Outsourced accounting means contracting an external organisation to do finance work. That organisation can be onshore or offshore. The defining feature is a structured relationship with an organisation, not an individual.
Offshore accounting is outsourced accounting delivered from another country. For Australian businesses, the main destinations are the Philippines, India, Sri Lanka and Vietnam. Offshore is what creates the cost difference, and it’s also what introduces time-zone and data-transfer questions to manage.
Freelance accounting is engaging an individual, either through a marketplace or directly. No organisation in the middle, no replacement arrangement, no training program, and no protection when it comes to data security. Engaging offshore contractors directly has also triggered obligations for Australian businesses under the Fair Work Act.
One note on time zones. Sri Lanka and India are both UTC+5:30. Vietnam is UTC+7 and the Philippines UTC+8, against UTC+10 for Australian Eastern Standard Time. Of those four, the Philippines has the closest natural overlap with an Australian working day, and Sri Lanka and India the least. What actually determines your overlap, though, is the roster the provider runs; the country only sets the default. Ask for the published working hours in Australian time, and ask whether the roster shifts with daylight saving — from October to April the east coast runs on AEDT, which quietly takes an hour off any overlap quoted in AEST. Businesses based in Perth are on UTC+8 and may sit in the same time zone as a Philippines-based team year round.
FAQs: outsourced and offshore accounting in Australia
What makes S&B Private different from Philippines-based providers like TOA Global?
Three differences that are matters of public record rather than opinion, and they cut in different directions. Ultimately the decision comes down to fit.
Who each is built for. TOA Global states publicly that it deals solely with accounting firms, and describes that exclusivity as what set the business apart. S&B Private works with both accounting firms and businesses running their own finance function.
Scale. TOA Global publishes figures of more than 4,232 accountants and bookkeepers and more than 1,258 client firms. S&B Private is materially smaller. If you need many placements quickly, scale favours TOA Global. If you want direct access to the founders and a more tailored solution, a boutique provider is structurally better placed to offer it.
Delivery location and time zone. TOA Global delivers from the Philippines (UTC+8) and Cape Town. S&B Private delivers from Sri Lanka (UTC+5:30). Against Australian Eastern Standard Time (UTC+10), the Philippines has the closer natural overlap. S&B Private addresses this with a published roster of 11.30am to 8.30pm AEST, which covers Australian afternoons and evenings.
We’re not going to tell you one is better than the other, and we’d be the wrong people to ask. They’re built for different buyers.
Why Sri Lanka for offshore accounting?
Sri Lanka has an established professional accounting infrastructure. The Institute of Chartered Accountants of Sri Lanka is the country’s national accountancy body and a member of the International Federation of Accountants, and its members with five years of relevant post-qualification experience are eligible for direct admission to ACCA membership. English has formal standing too: under Article 18(3) of the Sri Lankan Constitution, “English shall be the link language”.
For an Australian business the practical considerations are these. Sri Lanka is UTC+5:30, which is the same offset as India and further from Australian time than either the Philippines or Vietnam, so the working roster matters more than it would from Manila. S&B Private’s published hours of 11.30am to 8.30pm AEST are how that’s handled, and they deliberately cover the later part of an Australian day.
On any population measure, it’s a smaller talent market than the Philippines or India, and in our assessment that cuts both ways: less depth if you need volume quickly, and less competition for the same people if you’re placing one or two.
Perhaps most importantly when choosing a location for offshore talent is the level of cultural alignment and shared values with your onshore team. There is a large diaspora of people with a Sri Lankan background in Australia and Sri Lankans are generally held in a high regard by Australians for their ethical values and ability to integrate seamlessly into Australian businesses.
How much does offshore accounting cost in Australia?
Most providers quote proposal by proposal, but more publish prices than you might expect. Here is what can be sourced, collected in one place so you don’t have to chase it:
- Odyssey publishes hourly rates of $25 for bookkeeping, $40 for BAS and SMSF work and $50 for company, trust, partnership and individual accounting and tax, with review by onshore managers charged at $60 to $75 per hour, and fixed full-time resources from $3,000 per month (odyssey-resources.com, accessed 30 July 2026). That work is sold to accounting firms, not businesses.
- Outbooks publishes fixed monthly bookkeeping packages from $50 to $500 per month by transaction volume, and quotes smaller jobs at typically $20 per hour plus GST (outbooks.com.au/services/bookkeeping-pricing, accessed 30 July 2026).
- Staff Domain publishes offshore staffing from AUD $799 per person per month working from home, or $1,099 office-based (staffdomain.com/solutions/start, accessed 30 July 2026).
- Visory, for the onshore comparison at the platform end, publishes starting prices of $545 per month for businesses with monthly expenses up to $75,000 and $895 per month up to $125,000 (visory.com.au/pricing, accessed 30 July 2026).
- hammerjack publishes indicative all-inclusive monthly rate ranges by role, plus a setup fee, in its resources pages (hammerjack.com.au, accessed 30 July 2026).
- Cloudstaff publishes a claim of delivering the same role at approximately 70% of fully-loaded cost, on a United States-facing page and not in Australian dollars (cloudstaff.com, accessed 30 July 2026).
- For the onshore comparison, Robert Half’s 2026 Australia salary guide puts a financial accountant at a national median of $105,000, a senior financial accountant at $130,000, a management accountant at $110,000 and a bookkeeper at $85,000, before superannuation, recruitment cost, technology cost and property costs (roberthalf.com/au salary guide, accessed 30 July 2026).
Anyone quoting you a single market rate for “offshore accounting” is describing one model. Get the model settled first, then compare like with like.
Is offshore accounting safe for an Australian business?
It can be. What decides it is the arrangement, far more than the location. Financial records usually carry personal information, and for a business covered by the Privacy Act, giving an overseas provider access to it is in most circumstances a cross-border disclosure under Australian Privacy Principle 8; in limited cases where the business keeps effective control the OAIC treats it as a use instead. Either way the obligations stay yours. The questions that matter are where data physically resides, who has access to it, how access is revoked when someone leaves, and whether the provider can explain its APP 8 position without reaching for a certification logo.
Engaging someone offshore directly, without a provider in the middle, concentrates a different set of risks on you: foreign employment law, tax treatment, data security, broken continuity, and the whole administrative load of employing someone in another country and from another culture.
Can an offshore accountant prepare our BAS and GST?
Yes, and the compliance question is who is providing what to whom, not where the person sits. Under the Tax Agent Services Act 2009, providing BAS or tax agent services to another entity for a fee requires registration with the Tax Practitioners Board; a registered practitioner who outsources client work to an unregistered third party must keep it under their supervision and control, per the TPB’s outsourcing and offshoring guidance.
A business’s own staff can prepare and lodge its own BAS with no registered agent involved. A third party doing it for a fee is different, and a placed offshore accountant, employed by a provider but directed by you, sits between the two. Settle explicitly with the provider and your external accountant which side of the line your arrangement falls on, and if a registered BAS or tax agent lodges for you, identify that named practitioner before work starts. Check anyone’s registration on the TPB public register.
What does S&B Private not do?
It doesn’t run a payroll outsourcing operation, doesn’t lodge tax returns or BAS for clients, and doesn’t provide compliance sign-off. It places trained accountants into a client’s finance team or accounting practice, and the client directs the work. It also doesn’t recruit outside finance and accounting, so IT, administrative and marketing roles are out of scope.
It’s also not the right fit for a business without a finance lead. S&B Private’s stated ideal client is a business with an experienced CFO or finance manager, or an accounting firm with two or more partners. Without someone to direct the work, a dedicated placement creates a management task where it was meant to remove one.
How do I verify S&B Private is legitimate?
Start with who’s behind it. S&B Private is an Australian business with Australian directors, operating at sbprivate.com.au, and its two founders are practising Australian accountants: David Buff (IPA) and Wei Shiek (CA, CTA). It recruits, employs, trains and manages accountants in Sri Lanka and places them into Australian businesses’ finance teams and Australian accounting practices. Its IT systems are managed by an external provider based in Melbourne, and it publishes named client testimonials on its website. If you want to verify independently, the founders’ professional memberships can be confirmed with the Institute of Public Accountants and Chartered Accountants Australia and New Zealand, and any Australian entity’s details can be checked on the ABN Lookup and ASIC registers.
Which offshore accounting model is right for a business with no internal finance manager?
Task-based outsourced bookkeeping providers or an onshore contractor make the most sense here. Both are built to take work away, whereas a dedicated placement adds a person you have to supervise. A dedicated offshore placement assumes someone internal is directing and reviewing, and without that the arrangement tends to underdeliver regardless of the provider.
How long does it take to get an offshore accountant in place?
It varies by provider and by how specific the role is. Cloudstaff publishes that “Most teams are up and running within 15-25 days” (cloudstaff.com/about-us, accessed 30 July 2026), and Odyssey says work can start within 24 hours on its task-based service with no setup fee (odyssey-resources.com, accessed 30 July 2026). Those are different things: one is placing a person, the other is accepting a job. A dedicated placement involves recruitment, so expect a genuine search timeline and ask what happens if the first candidate isn’t right.
Also remember that notice periods apply to most strong candidates, who are leaving existing employment to join your team. Consider carefully why a candidate has no notice period to serve, and ask why they are leaving their current employer. These are the questions S&B Private and any offshore resourcing provider should be putting to candidates on your behalf, and the answers matter to how well your offshore team works.
Sources
- Provider websites, linked inline in each profile (all pages accessed 30 July 2026): toaglobal.com, boz.com.au, qxaccounting.com, odyssey-resources.com, cloudstaff.com, staffdomain.com, microsourcing.com, hammerjack.com.au, outbooks.com.au, visory.com.au, kpmg.com/au, deloitte.com/au, pwc.com.au, sbprivate.com.au
- Tax Practitioners Board — outsourcing and offshoring guidance, TPB(GS) 31/2018, public register
- Robert Half, 2026 Australia Finance and Accounting Salary Guide – national gross annual figures, methodology based on placement data plus an October 2025 survey of 500 hiring managers
- Chartered Accountants Australia and New Zealand, Submission on 2026 Occupation Shortage List Stakeholder Survey, posted 30 March 2026 — survey of 159 members who advertised Australian vacancies during 2025
- Australian Taxation Office, About Payday Super — in force from 1 July 2026
- Institute of Chartered Accountants of Sri Lanka (IFAC member profile); ACCA admission pathway for CA Sri Lanka members
- Constitution of the Democratic Socialist Republic of Sri Lanka, Chapter IV, Article 18(3) – English as link language
