HLB International
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HLB International is a global network of independent advisory and accounting firms, comprising member firms in 157 countries. HLB International member firms offer audit, accounting, tax and business advisory services. HLB International is a leading mid-tier
accounting network An accounting network or accounting association is a professional services network whose principal purpose is to provide members resources to assist the clients around the world and hence reduce the uncertainty by bringing together a greater number ...
. As of January 2022 the network has a total worldwide revenue of
US $ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
4.08 billion. HLB International is a member of the Forum of Firms.


History

The network was formed in 1969. The current name was derived from Hodgson Landau Brands, which was based on some of the early members: Hodgson Harris, founded in 1877 by Robert Hodgson (UK), Mann Judd Landau, founded in 1926 as Fred Landau & Co by Fred Landau, (US) and Brands & Wolff (Netherlands). In the course of time, these three names all disappeared through mergers, and the network shortened its name to HLB International in 1990.


Membership

HLB is represented in 159 countries on five continents. Collectively, member firms have 38,732 partners and staff in 1,066 offices worldwide.


United Kingdom

The founder firm in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
, Fuller Jenks Beecroft & Co, merged with Mann Judd in 1975 and then left this network to join
Touche Ross Touché, Touche, Latouche, La Touche, or de la Touche may refer to: Sports * Touché (fencing), French for "touched", a term used to acknowledge a hit Arts and entertainment * ''Touché'' (Hush album), by Australian band Hush, 1977 * ''Touchà ...
, which is now Deloitte. (In Australia and New Zealand, some firms with the name Mann Judd remain members of HLB.) Hodgson Harris succeeded Mann Judd as the UK member, contributing the name Hodgson to HLB. By successive mergers this UK firm became Hodgson Impey, then Kidsons Impey, and was finally known as HLB Kidsons before leaving the network for Baker Tilly in London (not to be confused with Baker Tilly International) in 2002. HLB then invited the listed company
Numerica Vantis plc was an accountancy firm based in London, England, providing accounting, tax and business advice to owner-managed businesses, listed companies, not for profit organisations, high-net-worth individuals and other professionals. It was pla ...
, an accountancy consolidator, to become its UK member. In 2005 Numerica, in financial difficulty, was mostly taken over by another listed consolidator,
Vantis Vantis plc was an accountancy firm based in London, England, providing accounting, tax and business advice to owner-managed businesses, listed companies, not for profit organisations, high-net-worth individuals and other professionals. It was pla ...
, which replaced it as the UK member of HLB. At the end of June 2010, Vantis also foundered, and was broken up. Having been dependent for several years on the expansion plans of a
public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...
, the network instead built a federation of local
partnership A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments o ...
s by the end of 2010, following its model in the US and elsewhere. Menzies (ranked 23rd in the UK), Hazlewoods (41st) and Lovewell Blake LLP (44th) joined HLB from accounting network Praxity, followed by Hawsons, Beever and Struthers, and French Duncan.


Management and governance

In April 2017, COO Marco Donzelli succeeded Rob Tautges as Chief Executive.Marco Donzelli appointed CEO of HLB International
HLB International, 19 April 2017
In February 2010,
Minnesota Minnesota () is a state in the upper midwestern region of the United States. It is the 12th largest U.S. state in area and the 22nd most populous, with over 5.75 million residents. Minnesota is home to western prairies, now given over to ...
partner Rob Tautges succeeded Peter Frost as Chief Executive.HLB International appoints new CEO
''
International Accounting Bulletin ''International Accounting Bulletin'' is a monthly accountancy trade magazine that covers the global accounting business. It is also known under the acronym IAB.
'', February 2010
Other managing and governing bodies are the Council, the Chairman, and the Executive Committee. There are also several Technical Committees. The two main international committees relate to tax and audit and financial reporting. The Executive Office is based in London.


Corporate and social responsibility


HLB Sustainability Programme

HLB member firms are committed to community outreach and "green" initiatives, based on both volunteer efforts and fundraising. Initiatives have so far been taken in various countries including Australia, Austria, Denmark, France, Germany, Japan, Spain, the United Kingdom and the United States.As of HLB International's website and LinkedIn account.


Women in Accounting - HLB WinA

HLB International recognises that retaining and promoting top talent can be particularly difficult where female staff members are concerned. The Women in Accounting initiative is aimed at sharing knowledge of best practice in order to assist member firms in attracting and retaining talented staff.


References


External links


Official HLB International website

HLB International Dubai
{{Authority control Accounting firms of the United Kingdom Multinational companies Financial services companies of England Financial services companies established in 1969 1969 establishments in England Privately held companies of the United Kingdom