Technology isn't proving to be the end of accountants but rather a way for the most innovative firms to improve internal operations and take on more work.

The Australian Financial Review's Top 100 Accounting Firms shows outfits that have invested in technology and recruited or trained staff up in technical skills have grown revenue strongly in the past year. Growth was also evident in acquisitive firms, especially in the accounting and financial advisory space, and at smaller firms that focused on a market segment or a particular service offering.