Nexia International (Nexia), a network of independent accounting and consulting firms, is delighted to announce that according to the latest International Accounting Bulletin (IAB) World Survey, the network has risen one place since last year to become the 9th largest global accounting network, as measured by fee income.
The financial results for 2017, show total fee income of more than US$3.62bn – an increase of 13% on 2016.
This increase in global revenue is a result of growth right across the network. The Asia Pacific region achieved spectacular growth of 62%, including a doubling of fee income in China for the second consecutive year.
The North & Central America region showed an increase of 8%, and in Europe, the Middle East and Africa fee income grew by 7%.
Kevin Arnold, CEO of Nexia International, said: “This impressive growth across the network is great news and we are delighted to have risen to 9th position in the global rankings.
This rise in fee income is clear evidence that we continue to successfully implement our long-term growth strategy of recruiting high quality firms in key and emerging world markets.”
For more information, please contact:
T +44 (0)20 7436 1114
T +44 (0)7941 550310
Note to editors:
Nexia International is a leading worldwide network of independent accounting and consulting firms, providing a comprehensive portfolio of audit, accountancy, tax and advisory services.
Nexia International does not deliver services in its own name or otherwise. Nexia International and its member firms are not part of a worldwide partnership. Nexia International does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within Nexia International is a separate legal entity.
Nexia International does not accept liability for any loss arising from any action taken, or omission, on the basis of the content in this article or any documentation and external links provided. Professional advice should be obtained before acting or refraining from acting on the contents of this article.
Any and all intellectual property rights subsisting in this document are, and shall continue to be, owned by (or licensed to) Nexia International Limited.
References to Nexia or Nexia International are to Nexia International Limited save where, as the context may dictate, they refer to the Nexia International network of firms.
For more information, visit www.nexia.com.
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