Danny McCance 12 Jul 2019 09:45am

Mazars creates six firm North American alliance

Mazars has significantly enhanced its North America operations after striking up an alliance with five accounting firms across the US and Canada

Mazars made alliance agreements with BKD, Dixon Hughes Goodman, Moss Adams, Plante Moran (in the US) and MNP (in Canada).

These firms will complement Mazars US and Mazars Canada, increasing the number of professionals at its disposal in North America to 16,000 and enabling “full national coverage”.

Mazars now has 40,000 professionals available globally and sites in 89 countries.

Hervé Hélias, CEO and chairman of Mazars Group, described the move as a “game-changer” for the firm.

“In a highly concentrated audit and advisory sector, this alliance provides an alternative,” he said, noting that Mazars has a long working history with the five firms, and all share the same professional and ethical values.

Mazars in the UK has been the strongest and most vociferous supporter of joint audits proposed as part of the Competition and Market Authorities recent reviews into the effectiveness of audit in the country.

Hélias said that the five firms in the Mazars North America alliance will contribute to the quality and expertise that its large clients expect.

Mazars has been in the headlines in the US recently, due to its involvement in the the legal battle over president Donald Trump’s financial records.

 Last month, Trump’s lawyers labelled the congressional subpoena ordering Mazars to release his financial documents as “unconstitutional”.