Latest
This accounting firm trusts AI only when it’s double-checked
Data experts at Vincents say they need 100 per cent accuracy when it comes to extracting financial data from documents.
- Edmund Tadros
Revealed: Australia’s best accounting firms in 2024
The Financial Review list shows that mid-tier accounting firms reached an unprecedented size as revenue at the big four consulting firms fell to a two-year low.
- Updated
- Edmund Tadros
The big winners as scandal forces big four into retreat
Mid-sized firms such as those run by Steve Meyn of PKF, Jamie O’Rourke of RSM and Annabelle Clare of Walshs had their best year on record as clients move away from out-of-favour big players.
- Updated
- Edmund Tadros
The graduate employment boom is over
Akshaya Josy has a master’s degree but can’t find a job in her field. It’s part of a recruitment trend that has started showing up at the big four accounting firms.
- Updated
- Euan Black
Accountants ramp up offshoring to bring down costs
Up to a third of staff at some of the nation’s top firms work in countries such as India and the Philippines as leaders cut costs and search for hard-to-find skills.
- Edmund Tadros
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November
The fastest-growing firms have one thing in common: AI
BlueRock’s Peter Lalor says the firm is using generative AI across the firm, while McGrathNicol’s Jason Preston is using the machine learning to identify patterns that humans would overlook.
- Updated
- Edmund Tadros
- Opinion
- Xero
Accounting firms bullish about the future
Automation technology and ever-growing demand for advice are keeping the top firms optimistic about the years ahead.
- Theo Konstantas
November 2023
Mid-tier firm revenue surges 17pc, outpacing big four
Strong demand for traditional auditing, accounting and tax services, along with fast-growing consulting offerings, helped boost annual revenue at mid-tier firms.
- Updated
- Edmund Tadros
Revealed: Australia’s best accounting firms in 2023
Income across Australia’s 100 biggest accounting firms jumped almost 12 per cent last financial year, with mid-tier firms outgrowing the big four.
- Edmund Tadros
Accounting firms look offshore amid ongoing talent drought
Accounting firm leaders are still having trouble hiring and retaining quality staff, and are increasingly sending work offshore to countries with low labour costs.
- Edmund Tadros
Smaller firms slam accounting regime as ‘useless’
Smaller accounting firms say the current regulatory regime is useless and riven by conflicts of interest between the major professional bodies and the larger firms.
- Edmund Tadros
December 2022
Mid-tier accounting firms fight off big four poaching efforts
Mid-sized firms are offering salaries 10 per cent higher than the big four, increasing bonuses and speeding up promotions.
- Hannah Wootton
November 2022
Big four accountants ramp up graduate recruitment by 85pc
Some top firms such as PwC, RSM and BlueRock more than doubled their intakes as the battle for white-collar talent continued.
- Updated
- Hannah Wootton
The No. 1 problem for accountants (for the second year in a row)
Industry leaders say staff shortages are the biggest barrier to growth, the Financial Review Top 100 Accounting Firms list revealed.
- Hannah Wootton
These accounting firms have plans for growth despite a downturn
Australia’s biggest accounting outfits are looking to increase marketing, award fewer wage rises and upgrade technology in the face of economic downturn.
- Hannah Wootton
Revenue at 100 biggest accounting firms jumps 14.5pc
The pandemic and economic downturn have sparked a boom in tax, compliance and refinancing advice.
- Hannah Wootton
Revealed: Australia’s best accounting firms in 2022
Income across Australia’s 100 biggest accounting firms jumped almost 15 per cent last financial year.
- Hannah Wootton
‘Behemoth’ big four consulting firms keep getting bigger
Revenue at PwC, Deloitte, EY and KPMG jumped a collective 17 per cent last year, the latest Top 100 Accounting Firms list revealed, while headcounts also grew.
- Hannah Wootton
September 2022
Accounting firms look offshore to save 25-50pc on salaries
Accounting firms are saving as much as $47,000 per employee by using offshore labour, which in turn allows them to pay local staff more in a bid to retain talent.
- Hannah Wootton
November 2021
‘Inundated’: Pandemic boosts accounting income, but staff crisis grows
Strong demand from clients wanting assistance navigating the COVID-19 pandemic has boosted revenue across the country’s largest accounting firms, with the ongoing shortage of professionals across the sector now the main constraint on the sector.
- Edmund Tadros
The nation’s best accounting firms in 2021 revealed
The Australian Financial Review’s list of Top 100 Accounting Firms explores how the industry is performing amid the COVID-19 pandemic.
- Edmund Tadros
5 up-and-coming accounting firms that just missed the top 100
A round-up of emerging boutique accounting firms from around the country that didn’t quite make The Australian Financial Review Top 100 Accounting Firms list.
- Edmund Tadros
October 2021
Remote working to stay at accounting firms but with a warning
Leaders at Australia’s largest accounting firms are open to allowing staff to continue to work from home now that the lockdowns have ended, but warn that serving clients is still best done in person.
- Edmund Tadros
‘Fees are exorbitant’: Accounting bosses reveal staffing struggle
As a skills shortage continues to rip through the accounting industry, the leaders of nine firms explain how they’re trying to recruit and retain staff.
- Edmund Tadros
Staffing crisis hits Australia’s top accounting firms
The nation’s Top 100 accounting firms are responding to the tight labour market conditions by raising pay and increasing bonuses – but it still isn’t enough.
- Edmund Tadros
