• Accounting trick Accounting trick The world’s farthest-flung news service (as the late Bill Vaughan of The Kansas City Star used to call The Associated Press) reports that some U.S. accounting firms have discovered a new accounting trick in filling
• Accounting trick
Accounting trick
The world’s farthest-flung news service (as the late Bill Vaughan of The Kansas City Star used to call The Associated Press) reports that some U.S. accounting firms have discovered a new accounting trick in filling out tax forms: Send them to India.
The subcontinent’s chartered accountants will prepare between 150,000 and 200,000 returns for U.S. tax firms this year, up tenfold from last year. And since Indian accountants earn about $300 a month and graduate from college at the rate of 50,000 a year, worried U.S. accounting majors can ask the nearest shoe-factory worker which way this trend is heading.
Indians, we should note, speak 18 official languages and many unofficial ones. Apparently, they understand the Internal Revenue Service’s own brand of English.
