The Accountants 2024: The $2.1b business of complexity
ANALYSIS: Our third annual series assessing the size and shape of NZ’s accounting firms reveals the challenges, and opportunities, of change.
WATCH: NBR analyses the size and shape of New Zealand's accounting industry.
Hamish McNicol, Kate McVicar, and Liam RātanaMon, 08 Apr 2024
Key points
What’s at stake: Growth at the country’s 13 largest accounting firms has slowed in 2023, and looks to soften further in 2024.
Background: The firms’ collective revenue grew about 7% to an estimated $2.05 billion in the 2023 financial year, but growth in staffing numbers halved.
Key players: Deloitte, PwC, KPMG, EY, BDO, BakerTillyStaplesRodway, Findex, Grant Thornton, Moore Markhams, Nexia, RSM, William Buck, VCFO.
Mike Horne, leader of New Zealand’s largest accounting firm by revenue, last month welcomed NBR to Deloitte’s plush new offices in Auckland’s downtown Commercial Bay precinct.
The new Deloitte Centre, officially opened in January, is smaller but sits just in front of PwC Tower, home of the
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What’s at stake: Growth at the country’s 13 largest accounting firms has slowed in 2023, and looks to soften further in 2024.
Background: The firms’ collective revenue grew about 7% to an estimated $2.05 billion in the 2023 financial year, but growth in staffing numbers halved.
Key players: Deloitte, PwC, KPMG, EY, BDO, BakerTillyStaplesRodway, Findex, Grant Thornton, Moore Markhams, Nexia, RSM, William Buck, VCFO.
