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US accounting firms rethink global networks

Mid-sized US accounting firms are reevaluating their global strategies to better integrate operations and leverage new financial resources for expansion, aiming to improve international services for their multinational clients.

“We are no longer a capital-light profession, we’re a cap-heavy profession. There’s an amount of spaghetti against the wall as everybody is trying different things, but no one wants to be the network that didn’t make the moves and wasn’t able to take advantage of the opportunities.”

Tags

accounting, global operations, big four, financial infrastructure