International network move to increase Australian reach welcomed by UK member firms
PKF INTERNATIONAL has doubled its presence in Australia following the admission of Lawler into its network.
Lawler is a mid-tier firm with offices in Sydney, Newcastle, Melbourne, Brisbane, Perth, Rockhampton, Tamworth and Walcha. The firm will join existing PKF members in Perth, Gold Coast, Canberra and Hobart.
Jeremy Bowler (pictured), chairman of PKF Cooper Parry said on behalf of PKF UK: “A strong presence in Australia is an important part of PKF’s strategy to become a top-ten global network, and is significant for the UK too.
“We are seeing increasing inward investment into the UK from down under, particularly from the Australian natural resources industry which is keen to explore the opportunities available through London’s capital markets.
He added that UK companies are increasingly setting up operations in Australia in a wide variety of industries.
In 2012 the UK firm PKF was acquired by BDO. Since then the network has recruited firms Cooper Parry, Littlejohn and Johnson Carmichael.
Littlejohn is the newest arrival joining the network in April last year and leaving its former network PrimeGlobal.
PKF International also recruited a CEO in April 2013, John Sim, who said his first priority was to recruit firms, with Littlejohn joining just weeks later.
Norm Draper, chairman of the Lawler Alliance, said: “PKF is one of the world’s most respected and globally recognised accounting brands. The world is shrinking and as our clients’ businesses grow and increasingly operate globally, our services and relationships need to keep pace.”
According to Accountancy Age’s Top 35 International Networks, PKF ranked 11th with a combined fee income of £2.7bn a 2.4% increase on the previous year.