The International Accounting Bulletin (IAB) World survey 2014 announced that Nexia International remains among the top 10 major global accounting networks, as measured by fee income. In Europe, Nexia overtook Baker Tilly for 7th place in the rankings.
Nexia International’s financial results for 2013 showed total revenue, at US$2.9bn, up 3% from 2012. The network saw its largest share of fee income from North America (US$1.41bn). This was followed by Europe (US$1.16bn), Asia-Pacific (US$250.5m), Latin America (US$47.5m) and Africa and the Middle East (US$43.6m).
Kevin Arnold, CEO of Nexia International, said: “These results reflect the success of our growth strategy which is to recruit high-quality firms in key and emerging markets, together with the delivery of several innovative initiatives designed to benefit our member firms.” “Our impressive fee income combined with the number of enquiries we receive from firms around the world wishing to join the network is clear evidence that Nexia International continues to go from strength to strength.”
Press release communicating Nexia’s financial results can be viewed at: www.nexia.com/NexiaInternationalreapsbenefitsofwinningstrategy.
About Nexia TS:
Nexia TS was founded in 1993 by two experienced chartered accountants – Henry Tan and Sitoh Yih Pin. After working as managers for one of the international accounting firms, they saw a vision and an opportunity to establish their own organisation – not any accounting firm – but one which is unique in their personalised and well-qualified expertise.
To date, Nexia TS is recognised as an established mid-tier local accounting firm. We have grown significantly in size over the years. Being an independent member firm of Nexia International, we are affiliated to accounting firms in many parts of the world. This means that our clients will get to enjoy personalised, comprehensive and quality services at competitive rates in Singapore and globally. Our reputation for quality has been recognised by clients and accounting professionals. As testimony to this, we are among the first few local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants.
Headquartered in Singapore, Nexia TS has established a strong presence in various countries across the region. Nexia China is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for our clientele with operations and new foreign investments in the respective countries. Nexia International is an international network of accounting and consulting firms with origins going back to 1971, making Nexia International one of the longest established networks. Currently, with more than 28,000 professional staff serving our clients at over 650 offices in 115 countries, it is ranked as the top 10 largest international accounting and consulting network.
For more details, please visit www.nexiats.com.sg.
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