Nexia International announces its financial results for 2019
Monday, 27 January 2020
The ninth largest global network of independent accounting and consulting firms reports its financial results for 2019.
In 2019, Nexia's total fee income was more than USD 4.3 bn across the network — an increase of 7% on 2018.
This increase in global revenue is a result of consistent growth across the network in every region, with North America and Latin America performing particularly well. The rise in fee income in these regions can be attributed to new firm recruitment and healthy organic growth.
Throughout 2019, Nexia continued to expand its global presence by welcoming new member firms in Brazil, Chile, Egypt, Kosovo, Puerto Rico, Slovenia, Sudan, Switzerland and Ukraine.
Commenting on the results, Kevin Arnold, CEO of Nexia International, says:
''This global revenue increase is great news for Nexia. It builds on the regular and consistent growth we have enjoyed over the last ten years and reflects the investment of our structures and ambition to meet the growing needs of member firms and new clients''.
International Consulting and Legal Center (ICLC) is one of the leaders in Russia’s auditing and consulting market. Since 2007 we have been a member firm of the Nexia International network.