Talal Abu-Ghazaleh International and Russell Bedford International form new cooperation agreement
- Saudi Arabia: Monday, February 18 - 2013 at 15:18
- PRESS RELEASE
HE Dr. Talal Abu-Ghazaleh, chairman of the global provider of professional services and education group, Talal Abu-Ghazaleh International (TAGI) and Mr. Geoff Goodyear, chairman of global accounting and audit network Russell Bedford International, have announced the signing of a Memorandum of Understanding (MoU) between their two organisations.
The terms of the agreement also allow TAGI, which has 80 offices and a leading market presence in the Asia and Africa, to leverage Russell Bedford's 120 member and correspondent firms and 280 offices in its key markets in Europe, the Americas and Asia-Pacific.
Dr. Abu-Ghazaleh commented: "We have been delivering highly complex assignments in some of the world's most challenging environments for more than 40 years. Russell Bedford's experience in the emerging markets matches our own here - experience which makes them the ideal partner with whom to expand our services beyond the Arab World."
Mr. Goodyear added: "We are delighted to have renewed and expanded upon our relationship with TAGI. Closer cooperation will allow us to jointly exploit our respective connections and skills to enlarge the auditing and consulting opportunities for both organisations, particularly in the aid-funded international development sector."
Both groups are full members of the IFAC Forum of Firms, the association of international audit networks whose goal is to promote consistent and high quality standards of financial reporting and auditing practices worldwide.
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