Sydney, as the financial hub of Australia, is home to some of the most influential and highly respected accounting firms in the country. From multinational giants like the Big Four (PwC, Deloitte, KPMG, EY) to mid-tier consultancies and boutique firms, the city offers businesses and individuals a wide range of accounting and advisory services.
Whether you are a business owner seeking tax planning solutions, an investor in need of audit services, or a student aiming to build a career in finance, Sydney’s accounting industry offers unmatched opportunities. This detailed guide explores the leading accounting firms in Sydney, their services, fees, locations, and career prospects.
Why Choose an Accounting Firm in Sydney?
Sydney is not just Australia’s largest city; it is the country’s economic powerhouse. With the presence of multinational corporations, banks, startups, and government bodies, the demand for professional accounting services is immense. Some reasons why Sydney accounting firms stand out include:
- Diverse Service Range – From taxation and auditing to financial planning and business advisory.
- Global Expertise – Many firms have international networks that cater to global business needs.
- Industry-Specific Knowledge – Specializations in sectors like banking, real estate, healthcare, and mining.
- Strong Job Market – Sydney is a hotspot for accounting careers, especially for graduates seeking internships and professional development.
Services Offered by Accounting Firms in Sydney
While each firm has its own strengths, the majority of accounting firms in Sydney provide:
- Taxation Services – Corporate tax, personal income tax returns, GST and BAS lodgments, tax structuring.
- Auditing & Assurance – Independent audits, internal control reviews, risk management.
- Business Advisory – Strategic planning, mergers & acquisitions, financial restructuring.
- Bookkeeping & Payroll – Essential for SMEs, covering accounts payable/receivable, payroll, and compliance.
- Wealth & Financial Planning – Investment advice, superannuation, retirement planning.
- Forensic Accounting – Fraud investigation, litigation support, dispute resolution.
- International Business Support – For global companies, services like transfer pricing, cross-border taxation, and compliance are crucial.
Top Accounting Firms in Sydney
1. PwC Australia
- Location: Barangaroo, Sydney CBD
- Overview: PwC (PricewaterhouseCoopers) is one of the largest professional services networks in the world. Its Sydney office serves as a key hub for financial services, advisory, and auditing.
- Services: Taxation, auditing, business consulting, digital transformation, and risk management.
- Clients: Large corporations, government bodies, and multinational businesses.
- Fees: Premium pricing, often suitable for large enterprises.
2. Deloitte Australia
- Location: Grosvenor Place, Sydney CBD
- Overview: Known for innovation and technology integration, Deloitte is a favorite among businesses looking for accounting and IT-driven financial solutions.
- Services: Audit & assurance, consulting, financial advisory, tax, risk, and cyber services.
- Specialization: Strong in digital transformation, startups, and fintech advisory.
- Fees: Competitive with other Big Four firms, generally high for individuals and SMEs.
3. KPMG Australia
- Location: Barangaroo International Towers, Sydney
- Overview: KPMG is highly respected for its consulting and advisory services, along with traditional accounting.
- Services: Audit, assurance, risk management, M&A advisory, taxation, and people & change consulting.
- Clients: Government agencies, listed companies, SMEs, and global corporations.
- Fees: Medium to high range, based on client needs.
4. Ernst & Young (EY) Australia
- Location: George Street, Sydney CBD
- Overview: EY is known for its forward-thinking approach, focusing on sustainability, innovation, and entrepreneurship.
- Services: Audit, tax, consulting, strategy, and transactions.
- Specialization: Entrepreneurial growth services, global trade, and sustainability advisory.
- Fees: High-tier pricing, mainly targeting corporates and global firms.
5. BDO Australia
- Location: George Street, Sydney CBD
- Overview: BDO is one of the largest mid-tier firms in Sydney, offering a balance between global expertise and personalized services.
- Services: Tax advisory, audit, corporate finance, business recovery, and wealth management.
- Clients: SMEs, family-owned businesses, and corporates.
- Fees: More affordable compared to the Big Four, making it a popular choice for mid-sized businesses.
6. Grant Thornton Australia
- Location: Kent Street, Sydney
- Overview: Known for its client-focused approach, Grant Thornton is a strong mid-tier firm.
- Services: Business advisory, audit & assurance, taxation, and restructuring.
- Clients: SMEs, public companies, and non-profits.
- Fees: Mid-range, suitable for growing businesses.
7. HLB Mann Judd
- Location: Castlereagh Street, Sydney
- Overview: A trusted Australian accounting network offering boutique-style services with national reach.
- Services: Audit, tax, advisory, wealth management, and business consulting.
- Clients: Small to mid-sized businesses and individuals.
- Fees: Relatively affordable, focusing on personalized service.
8. RSM Australia
- Location: Pitt Street, Sydney
- Overview: RSM is well-regarded among SMEs for accounting and tax support.
- Services: Business advisory, audit, taxation, and restructuring.
- Clients: Small businesses, startups, and entrepreneurs.
- Fees: Affordable, with flexible service packages for startups.
9. Armada Accountants & Advisors
- Location: North Sydney
- Overview: A boutique accounting firm that specializes in SMEs and family businesses.
- Services: Taxation, wealth planning, and business advisory.
- Clients: Small business owners and families.
- Fees: Budget-friendly, focused on personalized service.
Fees and Cost of Accounting Services in Sydney
The cost of accounting services varies widely depending on the firm and type of service:
- Individual Tax Returns: AUD 150 – AUD 400
- Small Business BAS Lodgment: AUD 300 – AUD 700 per quarter
- Company Tax Returns: AUD 2,000 – AUD 10,000 annually
- Auditing Services: Starting from AUD 5,000 (for SMEs) and going much higher for corporations
- Consulting & Advisory: Hourly rates can range from AUD 150 (junior consultant) to AUD 600+ (partner-level consultant)
Career Opportunities in Sydney Accounting Firms
Sydney’s accounting sector offers excellent career paths. Roles include:
- Graduate accountant
- Tax consultant
- Audit associate
- Business advisory analyst
- Forensic accountant
- Corporate finance associate
Why Sydney is Attractive for Accounting Careers:
- Presence of Big Four and mid-tier firms
- Access to internships and graduate programs
- High salaries (AUD 55,000 – AUD 80,000 for fresh graduates, and AUD 120,000+ for senior roles)
- Exposure to international business practices
How to Choose the Right Accounting Firm in Sydney
When deciding which accounting firm to partner with, consider:
- Size of Business: Large corporates benefit from Big Four, while SMEs may prefer mid-tier or boutique firms.
- Budget: Ensure fees align with your budget and services required.
- Industry Expertise: Choose firms that specialize in your sector.
- Personalized Service: Boutique firms often offer better client engagement.
- Technology Integration: Firms offering cloud accounting and digital tools can provide efficiency.
The Future of Accounting in Sydney
With the rise of digital tools, artificial intelligence, and data-driven insights, accounting firms in Sydney are evolving rapidly. Cloud-based platforms like Xero, QuickBooks, and MYOB are now essential. Sustainability and ESG (Environmental, Social, Governance) advisory services are also gaining importance.
Conclusion
Sydney’s accounting industry is diverse, competitive, and future-focused. From the global powerhouses like PwC and Deloitte to trusted mid-tier firms such as BDO and RSM, businesses and individuals can access world-class financial expertise. Whether you are a corporation, a startup, or an individual seeking tax help, the city’s firms provide tailored solutions to meet every need.
For students and professionals, Sydney also presents unmatched career opportunities, with firms constantly seeking skilled accountants to navigate the complex global economy.
If you’re planning to partner with an accounting firm in Sydney, consider your budget, service requirements, and long-term goals to make the right choice.