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Abacus Worldwide adds Balans-Inform-Audit to network
Yahoo Financeยท 2025-10-09 10:32
Core Insights - Abacus Worldwide has expanded its network by incorporating Balans-Inform-Audit (BIA), an audit firm based in Uzbekistan, which enhances its presence in the region [1][2] - BIA, founded in 1999, provides services in economics, finance, and corporate management, helping companies adapt to Uzbekistan's market-oriented economy [1] - The addition of BIA is significant as Uzbekistan seeks to attract more foreign investment, necessitating local accounting expertise to navigate economic changes [2] Company Developments - Abacus Worldwide's CEO, Julio Gabay, emphasized the importance of local accounting support in light of Uzbekistan's currency reforms and corporate governance improvements [2] - In August 2025, Abacus Worldwide also added two Latin American firms, Triade Auditores e Consultores from Brazil and Seven Group G7 from Colombia, to its network [2][3] - Triade, established in 1989, offers a range of auditing services for both national and multinational corporations, while Seven Group G7 specializes in audit and accounting services with a team experienced in large companies [3] Strategic Objectives - Abacus Worldwide aims to facilitate growth for its member firms by addressing client needs both domestically and internationally [4] - The association focuses on creating partnerships with suitable firms in specific locations to support its growth objectives [4]