"De Visu" News

PrimeGlobal entered the five largest professional associations of the world

PrimeGlobal entered the five largest professional associations of the world for auditors and accountants in 2017

This is reported by the press-service PrimeGlobal, referring to the well-known international publication International Accounting Bulletin.

PrimeGlobal members earned $ 2.5 billion totally in 2017 that exceeded achievements of 2016 by 18%.

The EMEA region (Europe, Middle East and Africa) showed a steady increase in member profits and their expansion. PrimeGlobal ranked second in terms of number of members and their income level. It should be noted that earnings of member firms in EMEA region increased by 27% compared to 2016. PrimeGlobal has the strongest position in France (ranked first among professional associations in the country), the Netherlands and Germany (second place), and the UK (third place).

In 2017 consolidated profits of member firms in the North American region increased by 18% compared to 2016. In this region, PrimeGlobal ranked fourth by means of increasing the number of members and strengthening the positions of current member firms.

As for the region that unites Latin American countries and the Caribbean, PrimeGlobal is consistently ranked sixth among professional associations for auditors and accountants. It should be noted that in Panama in 2017, the profits of member firms increased by a record 470%, and, naturally, the association ranked first in this country.

The Asia-Pacific region also shows strong growth. PrimeGlobal is the seventh largest association for accountants and auditors in this region. The best financial results were recorded in Australia’s member firms (54% growth) and Japan (47%). Not surprisingly that PrimeGlobal is the second professional association in terms of income, membership and prestige in these countries.

“We have succeeded in reaching a confident market position and meeting the expectations of our partners due to the prudent policies of PrimeGlobal leadership, the persistent work of our member firms and the implementation of innovative solutions. At the same time, we are not going to be satisfied with what has already been achieved and know that there is still a lot of work ahead” - Aage Brink Thomsen, President of EMEA PrimeGlobal region, says.

“Membership in PrimeGlobal requires us to be in a good professional tone. The guidelines of the international professional association PrimeGlobal showing a solid and stable growth each year, provide a decent level of service to our clients. We know today’s modern business needs and we are able to do it” – Oleksandr Boiko, “De Visu” Group President, commented.

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