MGI Worldwide and CPAAI To Merge in January

Two professional accounting organizations, MGI Worldwide and CPA Associates International (CPAAI), are planning to merge on Jan. 1, and will represent more than 250 accounting, tax and consulting firms in almost 100 countries.

MGI Worldwide is a global network of independent audit, tax, accounting and advisory firms, headquartered in the U.K., and CPAAI is headquartered in Glen Rock, N.J. The new organization will have revenues approaching $1 billion, placing it in 16th position in the current global accountancy network ranking.

MGI Worldwide and CPAAI have complementary cultures and client service philosophies, the organizations say. They were both formed more than 60 years ago and are well established and active in their markets. The combination offers clients access to more than 9,000 professionals with a wide range of specialists.

Clive Viegas Bennett, CEO of MGI Worldwide, says, “This merger greatly strengthens the already solid market positions of both organizations and enhances our global reach, knowledge base, member offerings and services to valued clients. Our new global and regional management team will provide the leadership to take the combined organization to greater levels of success. The shared goal is to help keep all members up to date on the latest technical and business developments, exchange business best practices and expertise, and deepen our strong regional structure.”

Michael Parness, president of CPAAI, states, “Clients remain at the heart of all members’ firms and their goals and objectives are always paramount. The merger ensures that they will have additional ‘trusted advisors’ to call on for the industry expertise and support they need – regardless of where they operate in the world.”

The new group will be co-chaired by Roger Isaacs, chairman of MGI Worldwide, and Jim Holmes, the international chairman of CPAAI. Bennett will serve as CEO with Parness as COO.

PrimeGlobal Welcomes C&D to Membership

PrimeGlobal announces the addition of C&D CPAs and Advisors of Solvang, Calif., (FY18 net revenue of $5.9 million) to the association’s North America region.

C&D is a team of CPAs and advisors located on California’s Central Coast. Founded in 1966, C&D has grown from a team of three to 35 professionals who specialize in tax planning and compliance services.

C&D’s decision to join PrimeGlobal underscores the firm’s dedication to offering the resources and reach of a Big 4 firm but retain the personal feel and self-governance of an independent agency, PrimeGlobal announced.

“Since the beginning, C&D has run on client service, technical expertise and an evolving understanding of change impacting our profession. Our association with PrimeGlobal deepens those commitments, giving us greater access to the resources our clients need,” says C&D MP Tammy Vogsland.

“C&D adds a developed vineyard and winery practice to PrimeGlobal’s industry inventory as well as experience working with high-net-worth individuals and an estate and trust niche,” says Michelle Arnold, North America chief regional officer. “The culture of C&D, along with their strong emphasis on client service, makes this boutique firm an excellent fit for PrimeGlobal.”

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GW Carter Joins BKR

BKR International has announced the acceptance of GW Carter Ltd. of Edina, Minn., into the accounting association’s membership.

GWC is a boutique tax firm, which was selected to provide international tax services through the association, with a particular focus on the tax needs of foreign nationals and United States citizens abroad. GWC was established in 2010 by Gary W. Carter who continues to lead the firm.

DS&B Ltd. of Minneapolis remains the exclusive BKR representative in the Minneapolis/St. Paul market, says executive director Aiysha Johnson. “Its leadership gave consent for BKR to engage in membership discussions with GWC due to their noncompetitive focus on international tax services.”

BKR also accepted into membership Elias & Asociados of San Salvador, El Salvador, and Auditores Externos Varela & Patiño Cia. Ltda. of Guayaquil, Ecuador.

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Association Affiliation Among the 2019 IPA 400 Firms

INSIDE Public Accounting thanks the member firms from 37 international accounting associations that have participated in our annual survey. Their data helps provide a clear picture of the state of the profession today. A special thank you goes to the following associations that partner with IPA to survey their members: CPAmerica, DFK, INPACT, LEA, Moore NA, PKF North America and PrimeGlobal. We are grateful for your support.

AssociationIPA 100IPA 200IPA 300IPA 400
Abacus Worldwide
AGN International
Allinial Global
Alliott Group
Andersen Global
Baker Tilly International
BDO Alliance USA
BKR International
CPA Associates International
CPAmerica International
Crowe Horwath International
DFK International
Enterprise Worldwide
Geneva Group International
Grant Thornton International
HLB International
IAPA International
Integra International
Kreston International
LEA Global
Mazars Group
MGI International
Moore NA
Morison KSi
MSI Global Alliance
Nexia International
PKF International
RSM US Alliance
Russell Bedford
UHY International
No Association Affiliation

Andy Armanino to Step Into Chair Role at Moore Global

Andy Armanino

Richard Moore has announced that he intends to step aside after 15 years as chair of Moore Stephens International, now Moore Global, and Andy Armanino will succeed him starting Jan. 1.

Armanino, the former CEO and MP of San Ramon, Calif.-based Armanino LLP (FY18 net revenue of $267.2 million) is currently a member of Moore Global’s board.

During Moore’s period as chairman, the network has grown its combined revenues significantly and extended its coverage to more than 110 countries. He will remain an active member of the network through Moore Family Office Limited, where he specializes in advising international private client families.

“We are now an organization of true global capability, with a reputation for quality and differentiated client service,” Moore says. “I am personally delighted that Andy will succeed me in the role. He is an individual with great compassion, drive and vision, and a global perspective on how the role of professional service firms must evolve and adapt.”

Armanino says that Moore’s grandfather started the original Moore firm in London more than a century ago. “The organization is well positioned to meet the main challenges facing our profession as we look ahead: sustaining the talent pool that we need to grow our future leaders and innovators; and, as our business capabilities improve because of a world made faster and smaller through technology and data, we must ensure it is clients, first and foremost, who benefit from our ability to enhance our already strong international expertise and global resources.”

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PrimeGlobal Welcomes HoganTaylor, K·Coe Isom

PrimeGlobal announces that two firms have joined the North American region: Tulsa, Okla.-based HoganTaylor (FY18 net revenue of $47.3 million) and Salina, Kan.-based K·Coe Isom (FY19 net revenue of $69.4 million).

HoganTaylor is ranked No. 91 and K·Coe is No. 66 on the 2019 INSIDE Public Accounting (IPA) 100 listing of the largest accounting firms in the nation. Recently, HoganTaylor was named an “IPA Fastest Growing Firm” in North America.

“At HoganTaylor, we move forward optimistically and expect to be better tomorrow than we are today,” says Randy Nail, CEO at HoganTaylor. “This ‘get better’ philosophy has always been a part of who we are and what we do as a firm. It drives our desire to be leaders in the markets of those we serve and ensures that we continually improve upon our service to our clients and our communities. Our commitment to PrimeGlobal reflects our adherence to this philosophy.”

Michelle Arnold, PrimeGlobal’s Chief Regional Officer for North America, says, “As I have grown to know HoganTaylor and its people, it’s clear they are a wonderful addition to the PrimeGlobal family. The remarkable growth at HoganTaylor is testament to the talented professionals at the firm, and the leadership at the top.”

K·Coe Isom is a nationally known specialist in the food and agriculture industry. For over 85 years, K·Coe Isom has been working with operators that cover over 1 million acres of land and thousands of heads of livestock combined.

K·Coe Isom CEO Jeff Wald says, “Our customers and advisory teams will certainly benefit from the additional resources, international accounting best practices, and premium network of global contacts the association provides.”

Arnold says, “As leaders in the food and agriculture industry, K·Coe Isom offers PrimeGlobal member firms an excellent resource in an important and growing market. Our member firms and their clients will gain immediate benefits from the knowledge and expertise that the K·Coe Isom team maintains, and clients will gain the same advantage from the connections that KCoe now has with hundreds of high-quality firms worldwide.”

PrimeGlobal is comprised of approximately 300 successful independent public accounting firms in 80 countries.

Morison KSi Names New CEO

Memoria Lewis

Morison KSi, an international association of accounting firms, has announced that Memoria Lewis has joined its London-based global executive office as CEO.

Lewis has worked globally and held senior leadership roles with professional membership organizations, including the Institute and Faculty of Actuaries, the Institution of Occupational Safety and Health, and the National Landlord Association. She has been responsible for increasing engagement, services and overall members’ satisfaction. She has experience in working with volunteer boards and committees like those of Morison KSi.

“I am delighted to be the new CEO of Morison KSi and I look forward to driving the growth of the organization and building on our position as a leading, high-quality association of professional service firms,” Lewis says.

Morison KSi consists of 155 independent member firms across over 80 countries, representing a combined revenue of $903 million.

Moore Stephens North America Rebrands

Moore Stephens North America has become Moore North America.

The change is part of a wider rebrand of the Moore Stephens global accountancy and consultancy network, of which Moore Stephens North America is a regional member. The rebrand includes a new logo, visual identity and brand positioning.

Moore North America CEO Tony Szczepaniak says, “Our North American members have always exemplified the values of Moore Stephens, and this updated identity helps us better communicate those strengths. We present our new brand position – “Helping you thrive in a changing world” – to our members and their clients to ensure we’re doing our best to help them succeed today and tomorrow. It’s more than a brand…it is our message to the world that we’re here and we care.”

Moore Global CEO Anton Colella says the new brand means the following for clients: “In our changing world, business is increasingly conducted internationally and digitally. Everyone must adapt.”

He adds, “So as we look to the future, our brand honors our Moore Stephens heritage, reflecting the strengths that clients have, and can always expect from us: straightforward advice, high quality, and the passion we bring every day to our belief that relationships with clients are about much more than simply a job.”

Moore is an international network of more than 260 independent firms in 112 countries and a professional community of more than 30,000 people.

More news from Moore North America

EFPR Group Joins CPAmerica

Rochester, N.Y.-based EFPR Group (FY17 net revenue of $25.4 million) has joined the accounting association CPAmerica, which has welcomed seven firms this year.

EFPR Group has three offices in New York in Rochester, Buffalo and Corning, and one in Jupiter, Fla. The firm’s services include tax planning and preparation, international business consulting, attest and compliance services, forensic accounting and litigation services, business valuation and M&A support, government and nonprofit services, client accounting and finance outsourcing, and IT/cybersecurity services.

James Marasco, MP of EFPR Group, says he looks forward to the collaboration the association provides. “The services and talents our firm offers should meld well with those of the existing members.”

Alan Deichler, president of CPAmerica, says, “They belong to a group that is determined to improve through sharing and where members support each other’s success through discussing best practices, sharing experiences and building professional relationships.”

Each firm undergoes a rigorous quality review prior to obtaining membership. CPAmerica is a member of Crowe Global, which has members in more than 750 offices in more than 130 countries and ranks among the top 10 global accounting networks.

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Albin Randall & Bennet Joins CPAmerica

Albin Randall & Bennet of Portland, Maine, is the sixth firm this year to join CPAmerica, an association of independent CPA firms.

Albin Randall & Bennett (ARB) is a full-service CPA firm that works with organizations throughout New England in the automotive, construction, manufacturing, credit union and nonprofit industries. The firm also serves closely held businesses and family groups.

“Our memberships in national associations, including CPAmerica, provide us with additional resources to serve clients of all sizes with a broad range of needs. This is why our new tagline ‘National Savvy. Local Sensibility.’ feels genuine to us. It’s sending the right message to the marketplace in a time when national firms are acquiring local firms, shifting the landscape of professional services in Portland, and New England as a whole,” says MP Cheri Walker. “ARB is committed to the New England economy and the businesses and families within it, so it’s important that we have access to national industry leaders through our association memberships.”

Each firm undergoes a quality review prior to obtaining membership in CPAmerica, which provides shared best practices, networking opportunities and access to experts for member firms. CPAmerica is a member of Crowe Global, which has members in more than 750 offices in more than 130 countries.

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