Andersen on the up – for now.

Andersen on the up - for now.

Big Five firm Andersen has announced global net revenues of #6.4bn for the fiscal year ended 31 August 2001, but warned ‘recent tragic events’ had already ‘adversely’ affected its new fiscal year.

According to the firm, which does not publish UK results, global revenue grew 15% while growth in Western Europe grew 9% to #2bn.

‘We realised solid revenue growth in all areas of our business assurance, consulting, corporate finance, tax and legal services,’ said Joseph Berardino, Andersen’s managing partner and chief executive officer.

He added: ‘Our financial results were especially heartening in light of the weakening economies around the world.’

Andersen’s tax, legal and business advisory practice enjoyed a 14% rise despite a worldwide slowdown in transactions and IPO work.

The admission of 589 new partners by member firms brings the total to 4,806 partners.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

9m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

10m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

4y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

10m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article