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MGI ranks Top 4 association in Mexico

10th September 2014

MGI World MGI ranks Top 4 association in Mexico

MGI is among the Top 4 international accounting associations in Mexico, according to latest data from the International Accounting Bulletin. The alliance is the fourth-largest in the country by staff numbers, the publication's country report reveals.

In terms of fee income, MGI is the sixth largest association in Mexico.

Francisco Gámez Ponce, the MGI Circle Leader for Mexico within Latin America and partner at member firm MGI Despacho Gámez Leyva y Asociados, believes this is evidence of the good work being done across the country’s various member firms in the face of a challenging economic environment.

“Mexico’s economy has had problems, but there are good expectations for the near future. Once our economy gets better, the accounting industry will get better too,” he says.

He praised member firms for their strong relations, cooperation and communications. In particular he cites ongoing training initiatives and the annual meeting in Mexico that sees all the firms get together as good examples of how the country’s MGI members are collaborating.

Francisco also noted that using the MGI brand in communications with clients, while not appropriate in every region, acts as a significant advantage in Mexico.

Right now he says the main area of interest and growth is in tax services due to recent changes to legislation. “There’s a lot of competition but our clients give value to our brand and our training,” adds Francisco.

And the outlook for MGI in Mexico is positive, with offices in 14 cities all over the nation there are further plans for growth. “We’re looking for three new offices in the next two years,” says Francisco, whose firm, MGI Despacho Gámez Leyva y Asociados, has been a member since 2001.

To contact MGI Despacho Gámez Leyva y Asociados, get in touch with andrea.pallas@mgiworld.com.

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