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There are 10 multidisciplinary networks. The largest are: Alliott Group, MSI Global Alliance, [1] Morison International, [2] Geneva Group, [3] International Practice Group, [4] WSG - World Services Group and Russell Bedford International. [5] These networks have more than 100 member firms in as many as 90 countries in hundreds of offices.
2013: TAG-Org enters into cooperation agreement with Russell Bedford International [2] 2014: Talal Abu-Ghazaleh Knowledge and Wealth Creation Center Launched [3] 2015: TAG-Org to Launch New Companies in Russia [4] 2016: Business Coaching is the New Service of TAG-Org [5]
Additionally, the larger the firm, the more likely it will be invited to render auditing engagements. A large organized network allows for spreading the costs to price competitively. Ultimately, size is the only real means of differentiation that is readily available on accounting firms to assure clients that they can do international work. [6]
The Forum of Firms (FOF, Forum) is an association of international networks of accounting firms that perform transnational audits. [ 1 ] [ 2 ] The objective of the Forum is to promote consistent and high-quality standards of financial reporting and auditing practices worldwide.
Most countries that have adopted the International Standards on Auditing (ISAs) still retain the national auditing standards setting body to enact the international standards in their country. International International Auditing and Assurance Standards Board [19] (IAASB) of the International Federation of Accountants (IFAC).
During this timeframe, BDO International was created and has grown to become the fifth largest accounting and consulting network in the world with over 1,591 member firm offices in 162 countries. [8] In February 2009, BDO USA, P.C. launched the firm's first-ever national advertising campaign: "People Who Know, Know BDO".