Nexia International breaks the US$3bn barrier with 5% increase in fee income
Nexia International (Nexia), a top 10 network of independent accounting and consulting firms, is pleased to report financial results for 2014 which show total fee income of just over US$3bn, an increase of 5% on 2013.
This increase in global fee income is primarily a result of consistent organic growth across the network. However, the Middle East & Africa region has achieved significant growth of 45%. Nexia’s Latin America firms have also continued to thrive which has resulted in a 15% increase in fee income for the region. The Asia Pacific region is experiencing strong growth in India, Japan and Korea with local member firms reporting significant increases in revenue.
Furthermore, 2014 has been another successful year for the global network in attracting new members, with 15 additional high-quality firms across the world.
Kevin Arnold, CEO of Nexia International, said: “This reported increase in fee income is great news. Across the network we are seeing some encouraging returns from the time and resources we have invested in improving referral activity, which is helping all members to grow.”
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Nexia International is a leading worldwide network of independent accounting and consulting firms, providing a comprehensive portfolio of audit, accountancy, tax and advisory services.
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