A virtual accountant is an accounting professional who provides accounting services remotely, typically through the internet or other digital means. A virtual accountant is simply an accountant who works online rather than in a traditional office. Virtual accountants are also sometimes known as online accountants or remote accountants. The virtual accountant is one of the best examples of how technology has helped improve our business process. It is slowly and steadily replacing the traditional way of accounting. Virtual accountant services promise to make account handling easier because a dedicated team of professional accountants focus on the task. Virtual accountants typically provide services such as bookkeeping, financial reporting, tax preparation and other financial services. Nowadays the use of virtual accountants is becoming increasingly popular due to the flexibility and cost savings they offer, as well as the convenience of being able to access accounting services from anywhere with an internet connection.