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A few years ago we were members of Affilica – an international association of accounting and legal firms, who had a global presence, but not in North America. This was a particular concern because we specialise in helping US companies enter the UK market as their entry into Europe, and are seeking an alliance with a group that has a substantial North American membership.
But we are having trouble finding the right group.
Yes – we are members of BritishAmerican Business Inc, and do get referrals from the UK Trade & Industry, and from the UK /US Advisory Network, and from firms of CPA’s in the US who may not have in-house international expertise (Kevin Beare is an Associate member of the MSCPA), but we are growing and can see the mutual benefits of belonging to an international association.
We recently enquired about membership of CPAAI. To our surprise they said that our niche practice was considered too small.
However they were unable to say what size criteria a firm providing complementary services to their members needed to be.
We currently receive referrals from all 4 of the Big 4 firms, because they recognise that our total outsourced accounting and UK payroll service complements their own higher value services. We also get similar referrals from second tier firms. We do not have Chinese walls whereby one Partner does the accounting and tax and another partner does the audit of that work. For true independence and to enable us to act as trusted advisor to our clients we gave up our audit registration.
That is the background to this request.
Have other firms come across these difficulties?
Suggestions and advice regarding other suitable groups to join would be welcome.