diff --git a/bin/README.md b/bin/README.md
index 16e4cfdf7..45367d844 100644
--- a/bin/README.md
+++ b/bin/README.md
@@ -50,6 +50,16 @@ $ . bin/bashrc
 $ fin        # list the scripts available
 ```
 
+### watchaccounts
+
+[`watchaccounts`](https://github.com/simonmichael/hledger/blob/master/bin/watchaccounts)
+shows hledger account names, updating on file change under the current directory.
+Arguments are passed to the `hledger accounts` command. Useful when cleaning up accounts.
+```cli
+$ watchaccounts expenses -2
+$ watchaccounts -f time.journal client1 date:thismonth -l
+```
+
 ### hledger-simplebal
 
 [`hledger-simplebal`](https://github.com/simonmichael/hledger/blob/master/bin/hledger-simplebal)
diff --git a/bin/watchaccounts b/bin/watchaccounts
new file mode 100755
index 000000000..c804c1525
--- /dev/null
+++ b/bin/watchaccounts
@@ -0,0 +1,9 @@
+#!/usr/bin/env bash
+# Watch hledger account names, updating on file change under the current directory.
+# Arguments are passed to hledger. Useful when cleaning up accounts.
+# Requires watchexec.
+# Examples:
+# watchaccounts expenses -2
+# watchaccounts -f time.journal client1 date:thismonth -l
+
+watchexec -c -- "echo ==; hledger accounts -t" $@