Reanda International held steady at no. 20 in the world ranking of accounting networks

Reanda International Network maintained its position at 20th place in the world ranking of accounting networks according to the International Accounting Bulletin (IAB) World Survey 2012 published recently.

Based on the aggregate fee income in 2012, Reanda International excelled with a growth of 6% on last year's total of USD 87.3 million.

With annual turnover of USD 92.9 million, Reanda International currently comprises 42 offices employing 109 partners and 2,195 staff - an increase of 6% in staff force on last year. In addition to overall organic growth across the network, these sustained developments are partly due to the admission of two new branch offices by Reanda China and the network's appointment of new member firms in Mauritius and Indonesia.

Franklin Lau, CEO of Reanda International is pleased with the network's consistently sound performance this year. "Reanda International will continue to develop and consolidate its presence in the Asian region while looking ahead to expansion in strategic tax regimes and the links with the African and Russian business markets. At the same time, the network will also be committed in providing valuable tools and resources including but not limited to the set up of China Desks internationally to underpin the continuous growth of our member firms."