New group will comprise 35 firms with combined North America revenues exceeding $600 million

January 1, 2006 -- Joseph W. Beach, CPA, Managing Director of Asher & Company, Ltd.,  known internationally as Moore Stephens Asher, PC, has announced that Moore Stephens North America, Inc. and the Global Alliance will merge to create one of the largest U.S. CPA firm associations, with 35 firms and revenues of over $600 million.  

The association will continue to be known as Moore Stephens North America (MSNA) which is a more established name in the accounting industry, and the new organization will still be part of Moore Stephens International Limited (MSIL).  Asher & Company, Ltd. has been a member of Moore Stephens since 1987.  The worldwide MSIL network consists of over 330 leading independent accounting and consulting firms with more than 500 offices, in over 90 countries with total worldwide revenues of almost $1.25 billion.  

The enhanced Moore Stephens network will provide numerous benefits to members, and in turn, to their clients including:  

• As-needed network collaboration on client engagements provides efficiencies and value for professional service fees.

• Added geographical scope allows for comprehensive client service throughout North America.

• Collective experience and staff resources enhance members’ ability to serve the diverse needs of international clients.

• Comparing best practices will allow for more efficient delivery of products and services.

• Enhanced MSNA talent pool will enable members to be more aggressive in pursuing new services and industries to further benefit clients.

Beach states, “Moore Stephens is already well-known internationally, and the addition of so many quality firms in the United States further enhances the Moore Stephens brand.  The added firms possess talent and experience which further differentiate firms like Asher & Company, Ltd. as a viable alternative to national firms.  This is critical in today’s Sarbanes-Oxley era when many companies get dropped by their national audit firms or face heavy fee increases.  While our resources are now greatly enhanced, we will remain committed to serving our local, national and international clients with the same personal touch as always.”

Beach also sees an advantage for current and potential Asher employees.  “We anticipate that our recruiting and staff retention programs will benefit, since our increased ability to serve larger and more challenging clients is very appealing to our staff.  Also, shared educational opportunities within the Moore Stephens network will lead to further professional growth for everyone.”

Moore Stephens North America firms now include:

• Armanino McKenna ( San Francisco and San Diego )

• Asher & Company, Ltd. ( Philadelphia )

• Atkinson & Co., Ltd. (Albuquerque)

• Bansley and Kiener, LLP (Chicago)

• Beene Garter, LLP ( Grand Rapids )

• Benson & McLaughlin, P.S. (Seattle)

• Bonadio & Co. ( Rochester and Buffalo )

• Brown Smith Wallace ( St. Louis )

• Burnside Rishebarger, PLLC ( San Antonio )

• Carr, Riggs & Ingram ( Alabama , Mississippi , Florida )

• Decosimo & Company ( Tennessee , Georgia , Ohio )

• Doeren Mayhew ( Detroit )

• Dudley , Hopton-Jones, Sims & Freeman, PLLP ( Alabama )

• Eadie and Payne, LLP ( Redlands , Ontario )

• G.T. Reilly & Company, P.C. ( Massachusetts )

• Goodman & Company (Virginia and surrounding areas)

• Grassi & Company ( Lake Success , NY )

• Holthouse Carlin & Van Trigt (Greater Los Angeles area)

• Mahoney Cohen & Company ( New York , Florida )

• Mohler, Nixon & Williams ( San Jose area)

• Moore Stephens Apple, Inc. ( Ohio )

• Moore Stephens Cooper Molyneux, LLP ( Toronto )

• Moore Stephens Frost ( Arkansas )

• Moore Stephens Hays & Company, LLP ( New York )

• Moore Stephens Lovelace, P.A. ( Florida )

• Moore Stephens Mexico ( Mexico )

• Moore Stephens Potter, LLP ( Lexington , Louisville )

• Moore Stephens Tiller ( Atlanta )

• Moore Stephens Wurth Frazer and Torbet (Orange Co.)

• Moore Stephens, P.C. ( New Jersey , New York )

• Rea & Associates ( Ohio )

• Rhea & Ivy, P.L.C. ( Memphis )

• Travis Wolff & Co. ( Texas )

• Watkins, Meegan & Drury ( Maryland , Virginia )

• Wipfli ( Wisconsin , Minnesota )

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