Baker Tilly International today reported its financial performance for the 12-months ending June 2015 with global combined revenues rising 7% to US$3.8bn.
Commenting on the release of the figures, CEO and president Geoff Barnes said: “This represents our strongest revenue growth since 2008. We have seen growth across all our four regions and all service lines. Mergers and acquisitions are an important part of our members’ growth plans and we have seen a number of mergers over the past year. In addition to announcing mergers in the G20 economies of Russia, Australia, Germany, the US and the UK, we have also expanded our presence across Italy, the Caribbean and Africa. We will continue to see mergers between national firms continue as firms strive to reach critical mass and develop strategic aims that may not be achievable on their own”.
Baker Tilly International is currently represented by 165 independent member firms in 141 countries and brings together 28,000 people in 745 offices worldwide. As published by the International Accounting Bulletin, Baker Tilly International is ranked 8th globally by combined revenues of its member firms.
Revenue by Region US$m
- North America 1,600 (+4%)
- Latin America 101 (+16%)
- Asia Pacific 850 (+13%)
- Europe, Middle East and Africa 1,266 (+7%)
Revenue by Service Line US$m
- Audit 1,383 (+2%)
- Accountancy 468 (+3%)
- Taxation 943 (+7%)
- Consultancy 1,014 (+17%)/