23 Jan 2012
PRAXITY, a global alliance of accounting firms, said that its members' revenues increased by 11.8% increase in 2011.
The alliance - whose members include Mazars, IFM Trust in Jersey, the Channel Islands, and MNP, a top-10 Canadian firm - said that its collective revenue increased from $3.3bn (£2.11bn) in 2010 to US $3.7bn (£2.37bn) in 2011.
Member firms' audit and accountancy revenue rose by 16.1% and tax services 9.6%. Corporate recovery revenue grew by 43.7% and management consulting by 12.2%.
By region, firms' revenue soared by 82% in Asia Pacific, 13.6% in Africa & Middle East, 11.7% in Latin America, 10.9% in North America and 2.9% in Europe.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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