What we do
Kreston Global is a network of 27,000 people in 160 independent accounting firms across more than 114 countries. Founded over 50 years ago, in 1971, our aim remains to help businesses and people succeed internationally.
As new markets develop and technology evolves, your business can operate on an increasingly global scale. When you are branching out into the unknown, local knowledge can give you that competitive edge to get set up and operating quickly. All our members know their local regulations and customs inside out. Combine that with their enviable contact list of the right people to talk to, and your business will take off.
We’re very grateful to Kreston for making this major change so ‘smart’. It was achieved in good time and they took care of everything for us. Using firms within the Kreston network has undoubtedly saved the company time and money.
Chris Sun International Accountant, TP Link, Technology
Understanding our clients
We act on behalf of over 500, 000 clients around the world. Many of these are globally active and run by ‘interpreneurs’; international entrepreneurs.
You may already be an active player internationally, eyeing new geographies or a successful organisation looking to take your first tentative steps beyond your national borders. Because our firms are run by entrepreneurially-minded people used to operating across most major industries, we understand what questions you might ask and what you need to get started.
Many of our firms are led by partners who started at the “Big 4”, but left to work in a more dynamic, owner-manager environment. All our work is partner-led. The friendly face that greets you at the initial meeting is the same person who is going to be with you all the way through your journey. Our partners want to get under the skin of your business and add real value to what you are trying to achieve. The value you look for is provided by highly qualified people who provide global service at a cost-efficient price. You will have the choice of a single point of contact whether you are working in a single country or across multiple locations, or multi-country local expert contacts. Kreston firms are flexible and will respond to your needs.
Quality – setting the bar high
We put quality of service at the heart of Kreston’s client approach. Our firms all have regular Quality Reviews, led by our Director of Quality and Professional Standards, and a peer group chosen for their external work, knowledge and expertise in this area. Our firms are required to continually meet the internationally (as well as locally) recognised standards. It means that if you are looking for an adviser overseas, you know all Kreston firms are working to the same high level of quality assurance.
114
COUNTRIES
27,000
PEOPLE
830
OFFICES
$2.9bn
REVENUE
14th
GLOBAL RANKING
160
MEMBER FIRMS
We are truly grateful to Mike and his team for acting so quickly and professionally when we needed their assistance the most. They went ‘the extra mile’ for us multiple times during and after the merger process. Our company would not be where it is today without their timely support and guidance.
Lisa Walters-Hoffert CFO, Daré Bioscience, Inc, Life Sciences
Our services
Accounting services
Kreston Global’s network of experts provide accounting services that are essential for a growing business – both in your home country and abroad. Whether you need help with management reporting, profit and loss statements and board reports, or assisting the Finance team across multiple geographic locations or providing remote support to Headquarter finance teams, Kreston teams are used to providing many different financial needs to many different types of companies. From GAAP reporting in multinational settings to local family-owned businesses, wherever in the world you are, you can rely on the close relationships between our member firms to give you the seamless and timely advice you need for your business’ international growth.
Our accounting services include:
- Business plan services
- IFRS Financial Statements
- GAAP financial statements
- Management Accounting
- Outsourced Finance Director
- US GAAP financial statements
Advisory services
All businesses have complex needs depending on where they are in their life-cycle. Young, rapidly growing businesses, owner managed established organisations, multi portfolio entrepreneurs and multi-national enterprises all seek help with growth strategies. Whether you are looking at new business acquisitions and need due diligence and valuation support, or if you are an existing business looking at corporate restructuring for growth or cost management, Kreston teams are used to helping businesses find solutions. We know business doesn’t fall into neat boxes – Kreston’s advisory teams are big enough to match your ambitions, be they local or global.
Other advisory areas we help our clients with include:
- Business recovery and insolvency
- Business structuring services
- Corporate finance advice and support
- Debt recovery, rescheduling and convertible debt
- Employee benefits and directors’ remuneration
- ESG services
- Finance advice and support
- Financial forensics & fraud investigation
- Financial and Insurance Services
- Independent Business Review
- IT consulting and cybersecurity services
- Strategic Planning, Profit Enhancement and Shareholder Reports
DOGA Group has engaged the services of Kreston’s Partners in Spain, Brazil and China for Audit, Tax and Transfer Pricing matters for several years. As a result of this mutually beneficial relationship, we are now turning to Kreston firms in India and Mexico to assist our international subsidiaries. To date, we have been extremely impressed with the dedication of the Kreston Partners and their ability to provide a personalised service throughout, tailored to the requirements of each of our affiliates. The cohesion between members across the network is one of Kreston’s greatest strengths and we look forward to their continued support.
Montse Martin, Finance Director, DOGA, Automotive and Manufacturing
Audit & assurance
At Kreston Global, we offer partner-led audit and assurance services for a wide range of entities. During our audits, we gain a real understanding of both the quality and effectiveness of your systems to ensure regulatory compliance for your business. Kreston Global is built on a foundation of Audit quality, and we are very focused on high standards of reporting and technical knowledge across the globe by our teams, for our clients.
Kreston Global is a member of the Forum of Firms, whose goal is to promote consistent and high-quality standards of financial reporting and auditing practices worldwide. Transnational audits are conducted in accordance with International Standards on Auditing and in compliance with the code of ethics issued by IESBA.
We provide numerous audit services including:
- Corporate governance audit
- Cyber and information security
- Enterprise risk management (ERM)
- Internal Audit & Risk Advisory Services
- Internal audit services
- Internal audit quality assurance review
- IT audit consulting
- Sarbanes Oxley reporting
- Security and privacy services
Outsourcing services
Nowadays, it is becoming increasingly common to provide outsourced business services to organisations to minimise operating costs and maximise efficiency of organisational activity.
Technology has accelerated in this area and Kreston teams are experienced in using technological innovation to ensure data security in many outsourced business operations and across many countries and regions. We also partner with a range of providers to enhance these services.
Kreston firms provide a range of outsourcing services from many global locations including:
- Accounting Outsourcing
- Global mobility
- Payroll outsourcing
- Cyber and information security
- Outsourced Company Secretarial & Formation Services
- Outsourced Financial Services & Bookkeeping
Taxation services
Kreston has an extensive tax network encompassing some 5000 tax professionals in 114 countries worldwide.
Our tax professionals are experts in their country regulatory and tax environments. As part of the Kreston network, they regularly work on cross-border tax projects, leveraging our strong culture of knowledge-sharing and collaboration for our clients’ benefit.
Tax services that we provide for our clients:
- Capital cost recovery
- Private client tax
- Research & Development (R&D) tax incentives
- Tax compliance for businesses
- Tax digitalisation
- Tax planning for entrepreneurs
- Tax structuring for multinationals
- Transfer pricing
Kreston Rangamani is a powerful outsourcing services partner enabling us to perform our local operations seamlessly. They are experienced, intelligent, and strong advocates for our business. Simply put, we would not be
Kat McBride, Senior Account Manager, Ping Technology
as successful without them.
Our main industry sectors
Kreston Global firms have an array of expertise covering many market sectors, either specific to their own country locations, such as Agriculture and Rural, Mining and Logistics or those with more regional or worldwide coverage.
CHARITIES, NOT-FOR-PROFIT AND EDUCATION
As the sector begins its recovery from the effects of COVID-19, we know we can help find solutions to your financial challenges. Kreston has a strong tradition and reputation in providing quality advice and services to charities, not-for-profit and educational groups. As well as the problems caused by the pandemic, we have a deep understanding of the regulatory and financial requirements organisations face both domestically and internationally. We have leading charity and not-for-profit experts around the world, specialising in education, NGOs and other types of charitable and not-for-profit organisations.
LIFE SCIENCES AND HEALTHCARE
The profile and importance of this sector has never been higher as the various vaccines protect and healthcare organisations treat people during the pandemic. Their work is lifechanging, and the businesses involved operate in an increasingly regulated and competitive market. Kreston firms have worked with life science and healthcare organisations for many years to create a comprehensive set of services to match their specific needs. They include advising on corporate finance, accounting, tax and risk management across many segments, including biotechnology, medical devices, life sciences and pharmaceuticals.
REAL ESTATE AND CONSTRUCTION
Maximising value and focusing on cost efficiency are key parts of the real estate and construction industries. So is knowing your market. Kreston firms combine local knowledge and international reach with years of real estate market experience. We help people in all the areas involved. Whether you are a contractor, construction company, investor, developer, estate agent, property manager or fund manager, we have the expertise you need.
TECHNOLOGY, MEDIA AND TELECOMS
From start-ups to multinationals, we know that our decades of experience in technology and media will help you find the right solutions. Change and innovation are happening fast in the sector, and businesses need to be prepared, to adapt and make the right decisions.
Kreston Global’s network of specialists provide knowledge, expertise and practical solutions to transform ideas into actions. Our work has ranged from helping multinational companies set up UK bases to advising an entrepreneur who had a ‘brain wave’. We also work with technology hubs and incubators as well as providing seminars and workshops.
LEISURE AND HOSPITALITY
Few businesses have suffered more during the pandemic than those in the leisure and hospitality sector. We also know this is an opportunity to bounce back stronger. Many, from restaurants and hotel chains to leisure resorts and global travel companies, are thinking not only about the short-term but how to thrive in the long term. You may want to re-evaluate aspects of the business – whether to expand overseas, boost marketing, analyse costs or invest for the future. To get these right, we can analyse your business operation and identify where efficiencies are needed and where strong potential lies.
MANUFACTURING AND AUTOMOTIVE
Confidence is returning thanks to pent-up demand, and we know that the focus is also on the medium and long-term future. As manufacturing and automotive businesses recover from the economic shock of the pandemic, stock levels, logistics issues and supply chain concerns are front of mind. Kreston firms are here to help you deal with the short-term and develop effective strategies for what follows. This can involve modifying your business model or adopting different technologies to thrive in the new industrial environment, whether you are a mid-sized player looking for expansion, or a multinational with subsidaries needing local accounting support.
RETAIL
We know the world of retail and consumer goods is transforming as customer behaviour and expectations change. Kreston member firms are helping businesses adapt – from those embracing e-commerce or changing to multi-channel platforms – to those expanding internationally.
We can provide you with hands on financial advice and support to make this happen, including helping you deal with increasing costs and competition.
Kreston Menon have been important business advisers for Wockhardt as we set up our UAE operation which has been a major success. From initial on-the-ground advice, to ongoing expansion support, they guided us through local requirements and helped us to take advantage of real estate and regulatory opportunities.
Murtaza Khorakiwala, Managing Director, Wockhardt, Pharmaceutical