Forvis Mazars shakes up the global audit and advisory market

• New network comes into force on June 3 
• Number 8 worldwide with a turnover of 5 billion US dollars 

With a turnover of around 5 billion US dollars, Forvis Mazars is one of the world's leading networks* and, with its entry into the top 10 global audit and advisory firms, brings movement back into the ranking in decades.   

Forvis Mazars is a unique network in the market and has the agility, capacity and coverage to support clients worldwide in the areas of audit, tax and advisory. This strategic move increases choice in the market in the public interest.  

The network comprises two members: Forvis Mazars, LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories. The network will be governed through a structure that includes a Global Network Board, responsible for enabling seamless collaboration and client delivery worldwide.   

Hervé Hélias will serve as the first Chair of the Global Network Board.  Helias also will continue to serve his ongoing mandate as Chairman of the Group Executive Board of Forvis Mazars Group, SC (formerly Mazars Group). Matt Snow, Chairman of Forvis Mazars, LLP (formerly FORVIS, LLP) will serve as Vice Chair of the Global Network Board.  

Hélias comments: “This is a momentous and exciting time for our clients, our profession and our people. Mazars and Forvis have worked together for over 20 years and share a commitment to delivering an outstanding client experience. We are well positioned to deliver excellence, everywhere, under a single global brand. Clients will get consistent, high-quality, comprehensive services worldwide, and we remain agile and flexible to their specific needs. I am extremely proud to serve as first Chair of the Global Network Board. Working together, I am confident that our two firms will continue to empower our people to raise the bar for client service standards, while challenging industry opportunities to support future needs in local markets.”  

“Forvis Mazars is built on our commitment to listen to our clients, anticipate the challenges they face, and deliver an unmatched client experience in all that we do,” Watson said. “This new network will quickly unlock new opportunities for our clients and our people, and both groups can feel confident that we are making decisions with their long-term success in mind.”  

“In Switzerland, Forvis Mazars is represented by 24 partners and over 400 employees at 10 locations and is one of the fastest growing audit and advisory firms in the country. The new network provides us with comprehensive and consistent global coverage and strengthens our ability to optimally serve companies of all sizes. This opens new growth opportunities for clients, employees and our company,” says José Caneda, CEO Forvis Mazars in Switzerland. 

_{*Source: IAB World Network rankings 2023.
Based on 2023 revenues of Mazars €2.8bn ($3bn) and FORVIS €1.6bn ($1.7bn)}
 

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About Forvis Mazars   

Forvis Mazars Group SC is an independent member of Forvis Mazars Global, a leading professional services network. Operating as an internationally integrated partnership in over 100 countries and territories, Forvis Mazars Group specialises in audit, tax and advisory services. The partnership draws on the expertise and cultural understanding of over 35,000 professionals across the globe to assist clients of all sizes at every stage in their development. In Switzerland, Mazars relies on over 400 professionals in ten different offices.