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Top 100 accounting firms rush to adopt AI – with mixed results

The nation’s largest accounting companies want to cut costs and swap routine compliance for real-time financial advice.

Revealed: Australia’s best accounting firms in 2025

The Financial Review list shows the country’s largest accounting firms are racing to deploy artificial intelligence across their businesses. 

Kate Douglass of Walker Wayland and Amanda Price of KPMG.

How this accounting firm doubled female partner numbers in five years

Walker Wayland partner Kate Douglass says new parents can be those who want a full break or those who call in after a few months desperate for adult connection.

Revealed: The AI tools that Australia’s top accountants swear by

From optimising workflows to elevating client relationships, artificial intelligence is adding value to both accounting firms and their clients.

Top 100 Accounting firms graduates

Accounting firms want grads with the social skills AI can’t replace

Accounting firms are seeking graduates with personality and grit, making part-time retail work, team sports and volunteering as valuable as good marks.

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November 2024

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.

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.

Akshaya Josy is struggling to find a graduate role in public relations despite having a master’s degree in the subject.

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.

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.

l-r  Peter Lalor and Jason Preston

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.

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Accounting firms bullish about the future

Automation technology and ever-growing demand for advice are keeping the top firms optimistic about the years ahead.

November 2023

Australia’s Top 100 Accounting Firms have been revealed.

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.

Australia’s Top 100 Accounting Firms 2023 revealed.

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.

The Reserve Bank of Australia will need to see deeper evidence of a slowdown in the labour market before being convinced that higher interest rates are really biting.

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.

Sovereign Private partner Sheridan Green thinks Chartered Accountants ANZ doesn’t cater effectively for smaller firms.

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.

December 2022

The big four are coming after Nexia’s staff, Mal Di Giulio says.

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.

November 2022

Some big four firms have more than doubled their graduate intakes.

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.

The “war on talent” is keeping accounting firm owners and their clients awake at night, Marisa Riccio says.

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.

Narelle Hawken and Michael Harmer - operations manager and director of FinCare respectively - are looking at how to increase their client base despite economic downturn.

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.

Revenue at the big four accounting firms is up 17 per cent.

‘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.

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Mili and Dinesh Aggarwal are director and founder respectively of Fortuna Advisors, Australia’s fastest growing accounting firm.

Revenue at 100 biggest accounting firms jumps 14.5pc

The pandemic and economic downturn have sparked a boom in tax, compliance and refinancing advice.

The big four consultancies remain the largest providers of accounting services in Australia.

Revealed: Australia’s best accounting firms in 2022

Income across Australia’s 100 biggest accounting firms jumped almost 15 per cent last financial year.

September 2022

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.

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.

November 2021

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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.

Grant Thornton CEO Greg Keith.

‘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.