Accounting Practices

Buy Sell Merge Accounting Practices

Welcome to Accounting Practices, the site where accountants meet to buy or sell practices throughout New Zealand.

Membership (it's free) provides, among other things, access to our confidential listings and our latest newsletter containing innovative business ideas, market analysis and more.

To join just send us a note using the Contact Us page and we will send you the necessary documents. It's that simple.

Let us help you find or sell that practice in confidence.

We look forward to hearing from you.

Accounting Practices
Licensed Agent REAA 2008

The financial year is coming to a close and its probably a great opportunity to let you know what is going on at Accounting Practices from a recruitment view!!

 

Our Executive search team in Public Practice recruitment has placed some big players in the market with firms across Auckland.

 

Fees: 
3 Million
Staff: 
Yes
Audit: 
No
BAS: 
Yes
Consulting: 
yes
Farm accounts: 
no

3 million (BAS)  Medium size firm looking to sell, The current vendor has decided to move away from Accounting and enjoy more of a work, life, balance in another field altogether.

The lure of the euro and travel is becoming more of an attraction, as each financial year ticks by.

Current Accounting Software: MYOB AO

If you are genuine, then lets talk.

We have no time for 'Tyre Kickers', Time wasters or fact finding missions!!

 

Is this the right time to sell your Accounting Practice?  Are you the type of person that is waiting for that “White Knight”, expecting the economy to get better?

 

Awaiting for the market to change from a sellers to a Buyers’ market?

 

Well guess what?

 

There is not a right time to sell!!

 

At Accounting Practices we are inundated with so much work that we are in need for another 3 consultants/brokers to join our team specializing in CA practices for the start of 2016!!

 

Our most recent sale was a 2.4million dollar transaction in Auckland  whereby both parties were extremely happy with the process.

As 2015 draws near to a close and the start of the new financial year is  fast approaching, I would like to give you an insight on what we at Accounting Practices have come across when it comes to BUY/SELL/MERGE & succession planning of Accounting Practices.

 

I have interviewed and met many high end Accountants in various firms across Auckland and beyond. I have come across Accountants frustrated in their current positions due to lack of "career path forward", no equity offered in current firm or there has been an external appointment from outside of the firm and this has prevented a Partnership opportunity!

 

There is still a bit of movement in the market with vendors looking at options, there is also been a lot of speculation about a surge of practices for sale on the market as the baby boomers all retire at once. 

 

As we all know this has not happened…YET!

 

It was a great evening recently speaking to CAANZ SIG group Pacific Island Chartered Accountants Network (PICAN) about the buy/sell/merge of Accounting Practices hosted by Crowe Horwath.

There seems to be a growing concern from many of our Accounting Clients about emails received from "rookie" agents trying to specialize in the Buy/Sell/Merge aspect of accounting practices. Let’s be clear and frank here, not only do you need to be a licensed agent, you also need to talk, walk and understand the CA market. An expert Broker will understand it is a different ball game all together.