Angry, young accountants lead exodus from big firms

Disgruntled accountants have created a successful business for Michael Macolino.

"We call them the angry, young accountants," Macolino says.

The age of accountants going out on their own has dropped.  Photo: Belinda Pratten

"They are typically aged between 28 and 40. They are in mid-tier and larger firms. They feel they are crunching numbers [and] they can't support their clients properly. They are bound by old technology and the old 'this is how we do things'. Really what they want to do is take a new approach and develop long lasting relationships with businesses."