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From Citrin Cooperman to Armanino: How this CA built a career helping US CPA Firms looking at India

The offshore space has evolved drastically due to the complexity of regulations in the US and a lack of accountants, says MD at Armanino India, a top 20 US CPA firm. He shares the reasons Armanino is setting up its operations in India and why more CPA firms are looking at India's talent pool.

The Finance Story by The Finance Story
Published date: 15th April, 2024
Last edited date: 16th April, 2024
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US CPA firms setting up in India: MD of Armanino India with 700 Mn+ in revenue shares how to tap the opportunity
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  • Hi, I am Shrenik Shah, a Chartered Accountant who started his career in the offshore space way back in 2004.
  • In 2023, Armanino, one of the top 20 US CPA firms set up its India operation, and I was appointed Managing Director.
  • Here is how my career has shaped up and how the offshoring space in India has evolved.

Backstory

In 2004, I qualified as a CA on the first attempt.

Instead of opting to work in a finance team or CA practice, I decided to leverage the offshore opportunities in India. I chose to work for US CPA Firms that were setting up their operations in India.

I still remember, one of the prominent practicing Chartered Accountants told me, “You are probably making a huge mistake.”

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