close

Newsroom

MGI Worldwide retains position as a top-20 global accountancy network in Europe

27th March 2019

MGI World Illustration of people network connection with MGI Worldwide logo and "top-20 european network" overlaid

The latest International Accounting Bulletin has again placed MGI Worldwide in the top-20 international accounting associations in Europe, as we continue to grow in the region and around the globe.

MGI Worldwide is proud to have placed in the top-20 accounting networks in Europe (including UK & Ireland), according to the most recent February 2019 release of the International Accounting Bulletin (IAB). We are proud to have placed so highly, showing once again the strength of our member firms despite an uncertain economic environment.

Our member firms managed to take in a total of $263.2 million over the last year. This represents growth of eight per cent compared to the previous 12 months, which is an excellent performance. In total, 2412 people were employed by MGI Worldwide accountancy network members in this period.

This is a considerable achievement in the current European economic climate, which is mired with uncertainty. While Brexit has undoubtedly been the main topic of concern, our European members have also had to deal with unrest in France and far-right governments in Poland and Hungary causing financial unpredictability.

Regulators have also been looking towards making changes in the audit accounting sector, thanks in part to scandals from the likes of BHS, Carillion and Patisserie Valerie. Clive Bennett, MGI Worldwide’s CEO, was asked to comment on this issue by the IAB.

“[These scandals] may not affect the middle private market as much as the listed market,” he said, “but firms are preparing for change nevertheless. Regulatory action in the UK may presage change more widely, questioning the function and position of audit. 

For more information please contact Regional Director for MGI Europe Zoltan Paksy and Regional Coordinator for MGI UK & Ireland Paul Winder.

MGI Europe and MGI UK & Ireland are part of MGI Worldwide, a top 20 ranked global accounting network with some 5,200 independent auditors, accountants and tax experts in over 260 locations around the world.

Read more on Industry news and Europe

MGI World Asia + Australasia map

The International Accounting Bulletin continues to rank MGI Worldwide as one of the top 20 global accounting networks across Asia and Australasia!

15th August 2019

MGI Worldwide is thrilled to announce that we have been listed in the July 2019 edition of the...

MGI World Image of Milstead Langdon at the America Made Easy workshop

MGI Worldwide membership helps partner firm Milsted Langdon LLP gain extra exposure and engage with potential clients at the ‘America Made Easy’ workshop.

14th August 2019

One of the commonly recognised benefits of membership to MGI Worldwide is the platform it gives...

MGI World Lead image for MGI Vannucci Associati Business Event Success Story

MGI Vannucci & Associati speak of the significant marketing benefits of belonging to MGI Worldwide international accounting network

6th August 2019

Pierpaolo Vannucci, partner at MGI Europe member firm MGI Vannucci & Associati, speaks of the...