Country for PR: United States
Contributor: PR Newswire New York
Monday, January 27 2020 - 18:00
AsiaNet
Crowe Global Reports Eight Years of Consecutive Growth
NEW YORK, Jan. 27, 2020 /PRNewswire-AsiaNet/--

Crowe Global (Crowe) reports an outstanding eight years of consecutive growth. 
The eighth largest audit, tax and advisory network in the world announced 
global revenues of US$4.4.bn in 2019, an increase of 3.5% (excluding Forex 
impact).

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The results reinforce the network's continued strength in the global market. 
Standout regional performances came from Latin America which grew by 13%, 
Africa by 12%, North America by 8% and Europe by 6%. The results are bolstered 
by impressive country growth figures in India (28%), Canada (14%), the 
Netherlands (12%) and Indonesia (75%).

Continued client demand for global talent acquisition provided the network with 
new growth opportunities related to international mobility. Over the last 
twelve months, Crowe increased its tax advisory revenues by 10%, its technology 
solutions, and expanded its HR advisory practice into new territories. Audit 
revenues also grew, demonstrating Crowe's ability to respond to regulation 
changes and the evolving needs of clients.

David Mellor, Chief Executive Officer of Crowe Global, comments:

"I am very pleased that we have continued to achieve growth over the last 
twelve months. Volatility in foreign currency exchange rates and unstable 
economic conditions in several regions has resulted in a challenging global 
trading environment for many. At Crowe, we are focused on driving value for our 
clients, our people and our communities through collaboration, leadership and 
agility; it is these priorities that enable the network to navigate this 
uncertain landscape.

Alongside the financial achievements, I am especially pleased that our firms 
gained recognition with accolades such as Best Tax Provider (UK) at the 
Expatriate Management & Mobility Awards and Best Tax and Audit Provider (UAE) 
at the Global Banking and Finance Awards. In Latin America and in North 
America, Crowe was named as one of the best workplaces in the Fortune 100 Best 
Companies to Work For list. These successes are testament to our 42,000 people 
who are committed to providing service excellence and helping our clients make 
smart decisions."

Crowe Global is a leading international network of separate and independent 
accounting and consulting firms that may be licensed to use "Crowe" in 
connection with the provision of accounting, auditing, tax, consulting or other 
professional services to their clients. Crowe Global itself is a non-practicing 
entity, and does not provide professional services in its own right. Neither 
Crowe Global nor any member is liable or responsible for the professional 
services performed by any other member.

SOURCE:  Crowe Global
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