Built for forward with Forvis Mazars: providing a deeper understanding in audit

5 June 2024
At the start of this week, two leading professional services firms, Mazars, an international partnership operating in over 100 countries and territories, and FORVIS, a top ranked firm in the United States, launched their new global network, Forvis Mazars.

As a Country Managing Partner at Forvis Mazars in Romania, in the next period, I will focus on bringing forward the unique advantages of our new network to companies in Romania, as well as sharing even more knowledge on our service lines, and the people behind them.

My first interviewee is Vasile Andrian, Partner, Head of Audit & Financial Advisory, a leader with more than 25 years of experience in financial auditing and business advisory services.

1. Vasile, you’ve been with Mazars since 2007, and since then, you have always been at the forefront of our business. With the launch of our new network, can you tell me how Forvis Mazars embodies its brand pillar of ‘deeper understanding’ in the audit world?

Forvis Mazars is guided by four brand pillars, factors that, in combination, make us unique and able to deliver our brand promise. ‘Deeper understanding’, in audit, means that we take the time to listen and build a profound understanding of each client, their context, and their unique challenges, regardless of their size. Therefore, we don't just scratch the surface; we delve deeply into the specifics of each client's industry, speaking their language and bringing relevant insights and experience to the table.

Our approach to auditing is immersive. We make it a point to understand the intricacies of our clients' operations and the environments in which they operate. This involves staying current with industry trends, regulatory changes, and technological advancements. By doing so, we can deliver thoughtful, balanced advice and tailored solutions that help our clients navigate complexity effectively.

By embodying ‘deeper understanding’, Forvis Mazars ensures that our clients receive not only compliance and accuracy but also valuable insights and strategic guidance that help them thrive in an increasingly complex and dynamic business environment. This commitment to understanding and serving our clients' needs is what sets us apart and drives our success.

2. I am aware that we actively contribute to conversations on the future of audit for many years now. How will our new network help improve our ability to shape these discussions and implement the necessary changes to enhance audit quality and relevance?

The audit profession is undergoing significant changes. Market expectations are shifting, regulatory requirements are expanding, and technology is transforming the way audits are performed. Sustainability has also become a crucial factor, expanding the role of auditors and the scope of their mission. Forvis Mazars is at the forefront of these developments, playing a pivotal role in addressing the evolving needs of the audit industry.

We see the increasing demand for audits as a positive recognition of the value auditors bring in addressing economic and societal challenges. Our recommendations to policymakers are centered around building trust and quality in the audit market, ensuring that auditor independence remains the cornerstone of an evolving audit ecosystem. We are committed to delivering an unmatched client experience - one that feels right, personal, easy, and natural for every client.

Thank you, Vasile. Next time, I will continue this discussion with Răzvan Butucaru, Partner, Financial Services & Advisory Leader, to tackle our second brand pillar, ‘bold foresight’, and what it means in financial advisory.

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