Crowe Global
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Crowe is a multinational professional services network, headquartered in New York, United States.[1] It is the 8th largest global accounting network in the world by revenue.[2] The Crowe network is composed of member firms of Crowe Global (previously Crowe Horwath International[3]) a Swiss Verein registered in Zurich, Switzerland.[4] The network consists of more than 220 firms with over 40,000 employees in 130 countries.[5]
Crowe provides audit, tax, consulting, enterprise risk and financial advisory services. In FY 2023, the network earned a record US$5.3 billion in aggregate revenues.
History
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In 1915, Hungarian immigrants Ernest and Edmund Horwath founded Horwath & Horwath in New York.[6][7] The original practice focused on the hospitality industry.[8] The practice later expanded to include accounting, audit and tax offerings.[9] In 1967, it merged with Laventhol Krekstein Griffith & Co. to become Laventhol & Horwath.
Crowe Chizek was established in 1942 in South Bend, Indiana, by Fred P. Crowe Sr. and Cletus F. Chizek. Previously, Crowe had worked in public accounting for many years and also served as the St. Joseph County auditor for eight years. Chizek was head of the accounting department at the University of Notre Dame and also worked part-time in public accounting. Following the death of Fred P. Crowe Sr. in 1952, Cletus F. Chizek reorganized the firm as Crowe, Chizek and Company and two firm personnel, M. Mendel Piser and Fred P. Crowe Jr., became partners. The first legal partnership of Crowe Chizek and Company was formulated in 1962 with six founding partners: Cletus F. Chizek, M. Mendel Piser, Fred P. Crowe Jr., Robert W. Green, Joseph A. Bauters and John J. Pairitz.[10]
By 1960, the umbrella organization Horwath & Horwath International Associates (HHIA) was established.[11]
In 1989, the organization shortened its name to Horwath International [12] and in 1991 Crowe Chizek became a member of the network.Script error: No such module "Unsubst".
Horwath International rebranded in April 2009, as Crowe Horwath International and in June 2018, Crowe Horwath sees a further evolution of their brand with a move to the network name 'Crowe' across their independent member firms globally.[2][13][14]
Organization
Kamel Abouchacra, is the CEO of Crowe Global.[15]
See also
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- Accounting networks and associations
- Big Four accounting firms
- Professional services
- Financial audit
- Tax advisor
References
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Further reading
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- 1915 establishments in New York City
- 1915 establishments in the United States
- Accounting firms of the United States
- Companies based in New York City
- Consulting firms established in 1915
- International management consulting firms
- Management consulting firms of the United Kingdom
- Management consulting firms of the United States