DO YOU KNOW? TOP 10 INTERNATIONAL ACCOUNTING NETWORKS AND ASSOCIATIONS 2010


The biggest networks and associations have recorded a return to growth for 2010, in a year that also puts a new leader at the top of the table.

The fee income increase of top 25 networks and associations of just $4bn can best be described as modest and only goes part of the way towards clawing back the $7.6bn fall of the previous year, but it represents investment on the part of networks and associations - in quality assurance regimes and in many cases new member firms. Networks and associations are jockeying for position in Africa, Latin America and Asia, aiming to recruit quality firms and acquire new client.

 

At top of the table, PwC and Deloitte have switched positions. The difference between their headline figures is also modest - only $9m separates them. Nevertheless, the downturn has cost PwC what was once a seemingly unassailable place at the top.

 

Of the Big 4, only E&Y reported a fall in fee income, from $21.4bn to $21.25bn, compared to all four last year. Fee income rose at Deloitte by $478m, PwC by $398m and KPMG by $520.

 

Rank of 10 top accounting networks and associations 2010 as follows:

 

Rank

Networks/Associations

Fee income 2010 (billion USD)

Increase/Decrease

from 2009 (million USD)

1

Deloitte

26.65

478

2

PwC

26.56

398

3

Ernst & Young

21.25

(145)

4

KPMG

20.63

520

5

BDO

5.28

258

6

Geneva Group International

4.21

163

7

RSM International

3.87

3

8

Grant Thornton International

3.67

81

9

Praxity

3.38

112

10

Baker Tilly International

3.07

(60)

 

See more of Top 25 accounting networks and associations 2010 in the attached file.

 

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