Nexia International (Nexia), a top 10 network of independent accounting and consulting firms, has been named ‘Rising Star Network’ of the year, at the International Accounting Bulletin (IAB) Awards 2013.
The event recognises global networks that have risen above their peers in the last year. The awards are based on individual excellence, innovative practices and commercial performance. Nexia experienced exceptional growth in 2012, with total revenue at US$2.8bn, up by 22% on the previous year – far in excess of other major global networks and reinforcing Nexia’s position among the top 10 leading accounting networks.
Recruiting high-quality firms in key and emerging world markets has been critical to the network’s success, alongside the delivery of several groundbreaking internal initiatives designed to benefit Nexia member firms. These include:
- Performance and Development Framework which sets out the skills and behaviours professionals need to demonstrate to ensure excellent performance
- CrossBorder database to encourage cross border referrals between member firms
- Nexia Independence Monitoring (NIMo) tool developed to help identify conflicts of interest between member firms.
“With a determined re-entry into the top 10 networks listed by the IAB, the judging panel saw Nexia as a perfect fit for International Accounting Bulletin’s Rising Star Network of the year award. The judges also praised Nexia’s ability to service its members through innovative initiatives, designed to help firms comply with global standards, retain staff and encourage new business opportunities.”
Ana Györkös, IAB
Kevin Arnold, CEO of Nexia International, said: “We are delighted to have won the IAB’s ‘Rising Star Network’ of the year accolade in the face of some strong competition. The award reflects the successful implementation of our strategy and our ongoing commitment to supporting the needs of our member firms whilst continuing to grow the global network.”
Among the IAB’s independent judging panel were Sir David Tweedie, former International Accounting Standards Board Chairman and current President of the Institute of Chartered Accountants of Scotland, and Sue Almond, Technical Director at the Association of Chartered Certified Accountants.