Reanda International continued to retain its position as one of the top 20 leading accounting networks

Renada International continued to retain its position as one of the top 20 leading accounting networks according to the latest figures published by Accountancy Age.  The network is ranked the 20th in the world ranking of accounting networks with a global aggregate fee income of USD 165.1 million, recording a 15% year-on-year increase.  Currently Renada International is represented by 22 network firms with 96 offices and over 2,800 of dedicated professionals internationally.

In the second half of 2016, Reanda International will continue to explore potential cooperation with firms in key economic countries in Europe, Middle East and Africa to add Reanda International presence and to strengthen its existing offering.  Not only does Reanda aim to increase coverage but more importantly to find members in order to keep pace with Asian enterprises investing overseas and overseas enterprises entering Asia, enabling our member firms to best serve their clients.  With that in mind, our near term expansion plan will be continued to root with the roadmap of the Belt and Road initiative strategically to capture the wave of tremendous business opportunities.  With this strategy and the capacity and commitment of our quality member firms, we believe the network will continue to grow strength by strength not only in size, but also in stature, influence, accomplishment and diversity as a whole.

Key trends from the Accountancy Age world survey report included the ongoing changes happening in the industry in particularly how various networks fumbled through the vibrant market.  According to the Accountancy Age, the growth averaged a modest 2% internationally and the industry saw a complex picture of growing networks and associations.

Please visit the following hyperlinks for a full ranking table and the survey report respectively:

https://www.accountancyage.com/wp-content/uploads/sites/27/2016/07/Top-20-International-Networks-2016.jpg

https://www.accountancyage.com/2016/07/13/the-top-40-networks-2016-firms-switching-networks-like-a-game-of-musical-chairs

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