PKF Welcomes New Firms in the US and China
03 Feb 2017
It has been a successful start to the year for PKF International, with the signing of Frazier & Deeter LLC, as well as the signing of Zhongxingcai Guanghua (ZG) Certified Public Accountants LLP – joining its global network of independent firms.
Frazier & Deeter has prior experience with the PKF network and saw great value from the relationship. The firm works with many multinational clients, and the alliance with PKF International will enable Frazier & Deeter to better support these clients.
Frazier & Deeter is the 56th largest CPA and advisory firm in the US, with over 300 professionals in five offices – Atlanta, Georgia, Florida, Tennessee and Pennsylvania. It delivers a full range of tax, assurance, accounting and advisory services, and launched one of the largest CPA-based wealth management firms, SignatureFD, in 1998. It also introduced FD Fund Administration, a subsidiary firm that provides outsourced fund administration services, and FD Real Asset Advisors, a firm that assists with real estate and other project financing.
John Sim, CEO of PKF International, stated: “We are delighted that Frazier & Deeter has decided to re-join PKF in North America. As one of the fastest growing, highly respected accounting firms in the US they are just the type of firm we wanted as our South East Regional Anchor Practice. Seth McDaniel, Sean Lager and Bill Godshall have made significant contributions to the PKF network over the years and we look forward to that continuing.” PKF has 15 offices in the US covering the east and west coasts, and prides itself on providing regional accounting and auditing services and well-developed strategic assistance and compliance services to its clients, both in the US and international.
With PKF also adding ZG to its global family, it now boasts over 400 offices operating in more than 150 countries across five regions. This new venture provides existing ZG clients access to PKF’s global network for international expansion and existing PKF clients with full coverage across China to support their expansion plans.
Based in Beijing, ZG has good geographical coverage with branches in 32 cities, and is among the top 20 accounting firms in China. It has established strategic alliances with many well-known investment banks, brokerages and fund companies and offers its customers a variety of services including Asset Assessment Service, Auditing & Advisory Services. Judicial Expertise, and Tax Advisory Service. The accountancy firm is also becoming known as an operational platform for securitisation of domestic capital.
Sebastian Wohldorf, Chairman of PKF International, concluded: “ZG joining PKF is a win-win for both parties. ZG is one of the fastest growing accountancy firms in China, so we are delighted they have decided to join our family. They share the PKF values of passion, teamwork, clarity, quality and integrity so I’m sure it will be a great step forward for both parties.”
For both firms the move reflects the aligned business and cultural values and their commitment to delivering exceptional client service standards at a local, national and international level.
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