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Praxity achieve record global revenues of US$7 billion
Zoya Malik March 1, 2021 (Last Updated March 15th, 2021 10:24)
Gordon Krater
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Accounting firms in Praxity Global Alliance have achieved record combined global revenues of US$6.96 billion for the year ended 31 December 2020 – an increase of 9.1% in real terms (8.9% at constant exchange rates)
The impressive growth continues an extraordinary sequence of 14 years of consecutive record-breaking revenues, reinforcing Praxity’s position as the world’s largest alliance of independent accounting and consulting firms.
Praxity Chairman, Gordon Krater, said: “I am delighted and hugely proud that the Alliance has reached another milestone of posting its highest ever combined global revenues despite the adverse effects of the Covid-19 pandemic on accounting firms and their clients. Praxity’s strong and stable position is testament to the way in which our member firm