Crowe had a record-high $5.3 billion in global revenue during its fiscal year ending Dec. 31, 2023, up from $4.9 billion in its 2022 financial year.
“Consistent strong financial growth year after year in what has been a prolonged period of intense volatility for the marketplace is a great achievement. It reflects the unwavering commitment to quality we have throughout the network,” Kamel Abouchacra, who took over as Crowe Global CEO last November, said in a statement. “Crowe prides itself on bringing smart decisions to clients. I am proud of our market-leading firms who continue to demonstrate the lasting value they provide. Whether that is the U.K. firm leading the not-for-profit audit ranking for 15 consecutive years, the U.S. firm being named a ‘Fortune Best Company to Work For’ for the fifth time or leaders from the firm in Malaysia being recognized in the prestigious world tax practitioners rankings.
“I am excited to build on this success in 2024,” he added. “Working as one is the cornerstone of my vision. By further integrating our approach to the brand, our people, service quality, and technology, we can continue to escalate our success and grow a multinational business.”
The firm said in a news release that its 2023 results show strong performance across each service line, bolstered by impressive performances in the U.S., Germany, U.K., France, and the Netherlands.
Crowe Global is one of the leading global accounting networks with more than 200 independent accounting and advisory firms in more than 145 countries.
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Tags: Accounting, Firm Management
