"De Visu" News

PrimeGlobal got into the forty largest international networks, associations and alliances

AccountancyAge, internationally recognized publication, annually prepares Rating of forty largest international networks, associations and alliances of audit and accounting firms. Different quantitative and qualitative criteria are taken into account, including annual income, the number of companies that are members of a professional association, geographic footprint. Also the staff of member-companies is analysed, in particular the number of management staff and specialists, who provide professional services, are taken into account. When AccountancyAge experts prepare TOP-40 of professional networks, associations and alliances, they take into account the information on provided services during the year by the members of professional networks.

PrimeGlobal annual income amounted to 2080 million US dollars at last year end. There was an increase of 13% compared to 2014, when the association got 1806 million US dollars. As of January 1, 2016 PrimeGlobal International Association of accountants and consultants includes 306 companies working in 90 countries. Total staff of the association members amounts to 13 127 people, among which 2336 are the owners, managers and partners. As for the services structure, audit and accounting services were provided the most (53% in total structure of income), tax consulting and legal services were provided a shade less (31%),  8% of income was accounted for by other services. The business advisory brought the lowest profit (4%).

The audit and accounting firms in North and Central America, the Caribbean and in South America showed the best result among the regions. In total their share is 52%. Europe, Africa and the Middle East brought 41% of revenue, and Asia and the Pacific Coast countries - 7%.

“PrimeGlobal membership encourages us always to be on a professional level and meet high standards of worldwide client service. It is pleasant to note that PrimeGlobal Association is annually recognized among the leaders of professional associations of auditors and consultants. The last year is no exception”, - “DeVisu” Group President, Oleksandr Boiko resumes.

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