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.
Richard Oddy, Casper Kaars Sijpesteijn and Rory Goldthorpe have been appointed to senior roles in key sectors of high growth, with a further 17 junior and experienced hires
Adrian Hyde, a partner at CVR Global, has been appointed as the new president for a year-long term, effective 21 April this year
Richard White, Nicola Westbrooke and Richard Ross all join from KPMG, where they oversaw the real estate tax practice
Sheryl Davis joins the firm's High Wycombe office from Barnes Roffe