GLOBAL ACCOUNTING ALLIANCE Praxity has reported a 3% increase in member revenues for 2012.
Fees for the alliance, which includes Mazars, rose to $3.72bn (£2.37bn), compared to $3.69bn a year earlier.
The number of Praxity participant firms fell to 62 from 69, following a series of mergers and acquisitions. However, partner numbers climbed to 2,768 across 95 countries, from 2,500 in 84.
The Latin America region grew 11%, while North America grew 5%.
Praxity chairman Rick Anderson said: “Although this is a modest increase, it is a strong and solid performance when you take into account the market conditions and exchange rate fluctuations.”
Other UK firms affiliated with Praxity included Forrester Boyd, Garbutt & Elliott, Jackson Andrews, PM&M Solutions for Business, Ritson Smith, Rouse Partners and Springfords.
Andrew Tyrie suggests there will not be enough time to implement Making Tax Digital (MTD) by April 2018
Do you have an investigation looming large over you? Kingsley Napley's Julie Matheson goes through the best strategies to manage the process
Grant Thornton will conduct the audit of Tern following the resignation of Jeffreys Henry
Kingston Smith has announced the promotion of James Moggeridge and Nick Thompson to directors