Nexia International becomes ninth largest global accounting network

Nexia International (Nexia), a network of independent accounting and consulting firms, is delighted to announce that according to the latest International Accounting Bulletin (IAB) World Survey, the network has risen one place since last year to become the 9th largest global accounting network, as measured by fee income.

The  financial results for 2017, show total fee income of more than US$3.62bn – an increase of 13% on 2016.

This increase in global revenue is a result of growth right across the network. The Asia Pacific region achieved spectacular growth of 62%, including a doubling of fee income in China for the second consecutive year.

The North & Central America region showed an increase of 8%, and in Europe, the Middle East and Africa fee income grew by 7%.

Kevin Arnold, CEO of Nexia International, said: “This impressive growth across the network is great news and we are delighted to have risen to 9th position in the global rankings.

This rise in fee income is clear evidence that we continue to successfully implement our long-term growth strategy of recruiting high quality firms in key and emerging world markets.”

For more information, please contact:
Kevin Arnold
CEO
Nexia International
T +44 (0)20 7436 1114
E karnold@nexia.com

PR enquiries:
Sarah Miller
Thirdperson Words
T +44 (0)7941 550310
E sarahmiller@thirdpersonwords.co.uk

2018 South African Professional Services Awards

Professionals from various organisations gathered at a gala dinner in Montecasino Ball Room on the evening of 1 February 2018 to honour the best amongst them. The South African Professional Services Awards were being hosted for the third time after a rigorous process of determining winners through strict criteria.

Nexia SAB&T were nominees for four awards, which included the hotly contested Accounting Professional of the Year for which both our Chairperson, Ndumi Medupe (meet our new chairperson here) and our CEO, Bashier Adam were nominated:

  • Accounting Firm of the Year (Nominee: Nexia SAB&T)
  • Accounting Professional of the Year (Nominees: Ndumi Medupe and Bashier Adam)
  • Woman Professional of the Year (Nominee: Ndumi Medupe)
  • South Africa’s Best Professional (Nominee: Ndumi Medupe)

“These awards are important as they give visibility to disciplines that are desperately needed in this country. They also reward entities for performing well in important areas such as transformation, customer service, contribution to the community and commitment to ethical best practice,” said Gert Bezuidenhout, Regional General Manager – Sanlam Gauteng Region at Sanlam who sponsored the event.

And The Winners Are

Ndumi Medupe narrowly beat Bashier Adam to the 2018 title of Accounting Professional of the Year.

Nexia SAB&T was recognised as runner-up in the category of Accounting Firm of the Year.

The Woman Professional of the Year went to Shirley Machaba of PWC, while Sally Hutton of Webber Wentzel was crowned SA’s Best Professional.

We wish to extend our congratulations to all the other winners and nominees on the night across the myriad of professional service providers in South Africa. Your spirit of innovation and making a difference inspires us.

The Way Forward

We couldn’t be happier than to be recognised for our efforts in transforming the accounting, audit and business consulting sectors through Gender Empowerment. These awards follow on from our being recognised at the Standard Bank Top Women Awards in August of 2017. (See article here)

Nexia SAB&T is looking forward to 2018 being a year of continuing to demonstrate our commitment to our ideals of gender empowerment, innovation and responsiveness to the needs of our clients, staff and society we serve in.

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