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Accounting firm, Mazars officially unveils brand in Ghana

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BusinessesAfrica’s 7th largest accounting firm, Mazars, has launched its brand officially in Ghana following a successful merger with a local company to provide seamless, high quality partner-led services to clients.

ET Akonor and Co, the local firm, earned the merger after meeting professional standards conducted through a quality control review process that Mazars requires.

“…I believe ET Akonor and Co and Mazars as we have launch as Mazars in Ghana have a golden opportunity to…assist in establishing the good governance that will be necessary as Ghana seeks to make the most of the opportunity that oil and other industries have brought,” Mr Keith Savile, Mazars’ Partnership and International Secretary, said at the launch today Tuesday in Accra.

Although, there would not be any change in terms of personnel in ET Akonor and Co, Mr Savile enumerated a lot of benefits to include professional resources from Mazars highly advanced systems for delivering services for public interest entities including multinationals, government departments, parastatals and development agencies.

Mazars Group training resources would also be available to Mazars Ghana as well as its sector expertise in a wide range of industries and professions, especially in banking and insurance.

“We believe we have unique experience outside the Big 4 in banking,” Mr Savile said and noted that Mazars had currently been appointed by the European Commission to act as monitoring trustee in respect of banks that have received state aid in the UK, Ireland and Greece.

Mr Savile, therefore, added that Mazars Ghana now would have international coverage under the Mazars Group of partners across the 71 countries it currently operates in and also from its development resources.

Nigerian took the lead in welcoming Mazars in Anglophone West Africa recently, but Mr Savile said the Group considered Ghana as a very important step in the Africa region to expand into the non-Francophone states.

Already, he said, ET Akonor and Co had experience of servicing clients in Burkina Faso, Gambia, Liberia and Sierra Leone, adding “but together with the experience of ET Akonor and Co and the resources of Mazars, we will seek to develop the firm in Ghana and a permanent local base in those other countries.”

ET Akonor and Co relationship with Mazars dated back to the 2007, which Ernest Toah Akonor Junior, now Senior Partner (Mazars Ghana) said brought much growth and prospects for the company. But he added: “The year 2011 marked a turning point in the life of ET Akonor and Co when Ghana was overwhelmingly voted by the Mazars Group of Partners in France to start Mazars Ghana.”

“We are now just not partners in Ghana but also partners in the global arena. We (Mazars Ghana) are going to learn from the pitfalls of others. The future for Mazars Ghana is very bright. In terms of financial support they would lend us that muscle. They (Mazars Group) have got deeper pockets and naturally we would have to fall on them,” Mr Akonor (Jr) said.

He noted in terms of expansion, Mazars Ghana already had an office in Kumasi and a satellite office in Takoradi and would grow into other regions in Ghana.

Under Mazars’ unique integrated partnership, each partner across the world takes part in the Group’s decision making and therefore has a vote with all other partners on all important issues.

Source: GNA

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