Crowe Horwath International is now ranked as the eighth largest global professional services network, as reported by the International Accounting Bulletin’s (IAB) 2016 World Survey results.
Crowe Horwath International reported total global revenues of USD3.7 billion for calendar year 2016, ending 31 December, representing 9 percent growth at constant exchange rates.
Moving up a position in global ranking has been a hard won victory for Crowe Horwath. Below are just a few achievements that propelled our network to a year of peak performance:
- Our calendar year ending December 2016 marked our sixth consecutive year of revenue growth across all of our regions and lines of business. Asia Pacific and Latin America grew in the double-digits. This is supported by North America’s strong growth of eight percent. Middle East and Europe continued to experience modest growth, despite operating in a challenging economic environment.
- All of our lines of business grew five percent or greater with Audit & Accounting growing five percent, Tax growing nine percent and Advisory growing six percent. Further, while many networks are experiencing a contracting of their audit and accounting business, our practice grew demonstrating Crowe Horwath’s commitment and ability to deliver cost effective, quality compliance services.
- Eighteen new member firms were added in 2016, bringing our global reach to 129 countries across 764 offices. This resulted in a growth in global workforce numbers by 6 percent to 35,327 people worldwide.
Download our top 10 statistics from 2016