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Nexia International expands its network to Armenia

Nexia International (Nexia), a top 10 network of independent accounting and consulting firms, has once again extended its global presence and welcomes new member firm AN Audit CJSC in Armenia. AN Audit CJSC is based in Yerevan, Armenia, and has two partners and 20 professional staff providing audit, tax and advisory services across a range of sectors. The firm has particular strengths in the provision of accounting services to financial institutions, tax planning and due diligence, and IFRS reporting. Artur Harutyunyan, Managing Partner of AN Audit CJSC, says: “We look forward to working with fellow Nexia members and sharing expertise in the latest methodology tools for the benefit of our clients. We believe that membership will help us to grow the business by participating in a range of local and international projects.” Kevin Arnold, CEO of Nexia International, said: “We are delighted to welcome AN Audit CJSC into our network and we look forward to identifying and developing opportunities. Our presence in Armenia enhances the range of services our member firms offer within the EMEA region and beyond.”  For more information…

Nexia International breaks the US$3bn barrier with 5% increase in fee income

Nexia International (Nexia), a top 10 network of independent accounting and consulting firms, is pleased to report financial results for 2014 which show total fee income of just over US$3bn, an increase of 5% on 2013.

This increase in global fee income is primarily a result of consistent organic growth across the network. However, the Middle East & Africa region has achieved significant growth of 45%. Nexia’s Latin America firms have also continued to thrive which has resulted in a 15% increase in fee income for the region. The Asia Pacific region is experiencing strong growth in India, Japan and Korea with local member firms reporting significant increases in revenue.

Furthermore, 2014 has been another successful year for the global network in attracting new members, with 15 additional high-quality firms across the world.

Kevin Arnold, CEO of Nexia International, said: “This reported increase in fee income is great news. Across the network we are seeing some encouraging returns from the time and resources we have invested in improving referral activity, which is helping all members to grow.”
For more information, visit www.nexia.com

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