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The big winners as scandal forces big four into retreat

Edmund Tadros
Edmund TadrosProfessional services editor
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Mid-sized accounting firms are the biggest beneficiaries of a surge that grew revenue in their segment of the industry to a record $3.5 billion in 2023-24 – at the expense of the big four firms that are out of favour with governments around the country.

The best year on record for the nation’s mid-sized accounting firms came on the back of an emphasis on core accounting and tax advice services.

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correction

Since publication, Bell Partners has indicated that firm grew by 11.9 per cent, not zero per cent. This has been updated in the article and the interactive Top 100 database.

Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au

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