Reanda International has grown at double-digit pace in 2014

Reanda International is pleased to announce that the aggregate fee income of all network firms amounted to USD144.1 million for the year 2014 with a double-digit growth of 18% compared to the previous year. According to the International Accounting Bulletin (IAB) World Survey 2015 published in January 2015, Reanda International Network is ranked number 22 in the world ranking of accounting networks.

Reanda Network’s growth of aggregate fee income in Asia Pacific region was robust in 2014, showing an increase of 19%. The growth has been led by our Reanda China whose contribution has been impressive. Reanda Japan and Reanda Hong Kong have also played a significant part in this growth, showing an impressive 17% and 14% increase in fee income respectively. The network's appointment of new member firms in Taiwan, Kazakhstan and new correspondent firm in India also boosted the network’s growth as a whole.

In 2014, there had been a corresponding rise in the number of offices - The network now has presence in 82 offices internationally, up from 70 offices in 2013. Reanda International was represented by 18 network firms and brings together 132 partners and 2,529 staff.

Reanda International is pleased to see the continuous growth of the Network amidst the backdrop of that the global economy is still on the path of gradual recovery while the market remains challenging and competitive. It demonstrates our members’ commitment on delivering sustainable and consistent growth. Looking ahead, Reanda International will continue our networking strategies in the Asia-Pacific region while at the same time targeting to establish presence in Europe, Middle East and Africa in the short-term. While the network’s footprint is expanding rapidly, the network will continue to investing in  tools and resources to enhance further our support to members particularly in terms of internal and external communications as well as  technical support.