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Membership of Forum of Firms endorses Nexia Internationals global quality standards

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Membership of Forum of Firms endorses Nexia Internationals global quality standards

Nexia International has been named a full member of the Forum of Firms – an endorsement of its globally coordinated quality assurance ethos. 

The Forum of Firms is an association of international networks of accounting firms, which aims to promote consistent and high-quality standards of financial reporting and auditing practices worldwide. 

Kevin Arnold, Executive Director of Nexia International, said: 

"We are delighted to be joining the Forum of Firms. Our membership demonstrates our strong commitment to high-quality assurance and ethical standards across the Nexia International network - and is a reflection of the financial and resource investment we have made in recent years in supporting this quality ethos throughout our organisation. We look forward to playing an active role within the forum." 

To achieve full membership status, Nexia International had to commit to meet the forum’s membership obligations, which require members to: 

  • Maintain appropriate quality control standards in accordance with International Standards on Quality Control issued by the International Auditing and Assurance Standards Board (IAASB) in addition to relevant national quality control standards and conduct, to the extent not prohibited by national regulation, regular globally coordinated internal quality assurance reviews; 
  • Have policies and methodologies for the conduct of transnational audits that are based, to the extent practicable, on ISAs issued by the IAASB; and   
  • Have policies and methodologies that conform to the International Ethics Standards Board for Accountants’ (IESBA) Code of Ethics for Professional Accountants and national codes of ethics.
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Nexia DK (Nexia DK Audit LLC, Nexia DK Audit and Tax LLC, Nexia DK Audit and Accounting LLC, Nexia DK Audit and Consulting LLC, Nexia DK Legal and Tax LLC, “Nexia DK.Valuation Services” LLC ) is a member firm of the “Nexia International” network. Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and the member firms of the Nexia International network (including those members which trade under a name which includes the word NEXIA) are not part of a worldwide partnership. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within the Nexia International network is a separate legal entity.

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