PKF International

Last updated
PKF
Company typeAccounting Network
Industry Accounting
Founded1969
ProductsProfessional Services
Website pkf.com

PKF Global (previously PKF International) is network of accountancy firms. Over 214 members and 21,000 professionals operate under the PKF brand in 150 countries across five regions. The brand promises a consistent experience for member firms' clients and a common commitment by PKF member firms to quality and the values that drive the network's behaviour.

Contents

History

Pannell Kerr Forster [1] [2] was founded in 1969 when four accountancy firms from Australia, Canada, the United Kingdom and the United States joined to create an international association. The four firms were:

In 1980, member firms decided to use Pannell Kerr Forster as their common brand name to create an international accountancy brand. In 2000, member firms decided to shorten their name to PKF. Member firms are now adopting this name in their home markets, or adding PKF as a prefix to the existing firm name.

As of January 2011, over 21,000 staff were employed by PKF International member firms. [3]

In 2013, PKF's associate firm in UK defected and joined BDO after a fall in revenue and staff reduction. [4]

In 2016, PKF's associate firm in Hong Kong was banned by the Public Company Accounting Oversight Board for three years due to not co-operating with a probe. [5] [6]

References

  1. ↑ About us: History. Retrieved 2010-12-15. Archived July 15, 2011, at the Wayback Machine
  2. ↑ Pannell Kerr Forster, simplified family tree of the firm, ICAEW, 2005
  3. ↑ PKF International network now ranked 10th in the World Archived 2018-02-01 at the Wayback Machine , PKF. Citing International Accounting Bulletin , January 2011.
  4. ↑ Doherty, Raymond. "BDO and PKF complete merger (2 Apr 2013)". ICAEW. Retrieved 24 September 2017.
  5. ↑ Hughes, Jennifer; Woodhouse, Alice (26 Jul 2017). "Hong Kong auditors trapped by US-China dispute". The Financial Times. Retrieved 24 September 2017.
  6. ↑ Fino, Jessica. "PCAOB bans PKF for three years". ICAEW. Retrieved 24 September 2017.


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