LONDON-BASED accountants Shelley Stock Hutter is actively searching for an international network to join, Accountancy Age understands.
The firm, ranked 78th in the 2012 Accountancy Age Top 50+50, is understood to be on the lookout for an international network as a result of greater inward investment work, and domestic clients expanding into fast growth foreign markets.
In 2011/2012, the firm grew UK fee income by 13.3% to £5m.
At present SSH is required to use independent firms for client work based in foreign jurisdictions, whereas an international network would give the business scope to support its clients in a wider sense.
Consolidation among firms, and the potential to tap new markets, has seen some movement in the international network and alliance space.
Earlier this week, Littlejohn official became PKF International’s UK member firm. The Canary Wharf-based firm, renamed as PKF Littlejohn, joins the network following the merger of PKF into BDO in the UK – which left the PKF network without a UK partner.
PKF Littlejohn left accountancy association PrimeGlobal in the switchover.
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