Reanda International has been declared the world’s 21st largest accountancy network, after seeing a growth in fee income amongst its member firms across the globe.
Reanda UK, the sister firm of London accountants Grunberg & Co, is celebrating the group’s success in the International Accounting Bulletin (IAB) 2020 World Survey.
In the last year, it has climbed three places in the survey, which measures fee income between various global accountancy networks, based on the success of its 41 network member firms.
The group now has more than 147 offices, 250 partners and 4,500 staff, and a global aggregate fee income of $233.2 million (USD), placing it just outside the top 20. 
Reanda International leapt ahead in the rankings with a growth rate of five per cent, while the number of professionals within the organisation has increased by 13 per cent with the addition of 530 personnel by the end of 2019.
This growth was supported by the admission of six new network firms last year in Bangladesh, Angola, Cape Verde, Sao Tome and Principe, Brazil and Ukraine.
Reanda International saw consistent growth across most of its regions, including growth of around 11 per cent at its UK arm overseen by Grunberg & Co. 
Speaking about the network’s success, Reanda UK and Grunberg & Co’s Managing Partner, Robert Bean said: “It is fantastic to see that our network has grown so much in the last year and that we are now so highly ranked worldwide. 
“We are already reaping the benefits of having so many close members firms around the world who can lend their expertise to our clients’ matters and vice versa.
“I would like to thank Reanda International for all the hard work that it does for us members. I am certain the network has a very bright future ahead of it.”
In 2019 Reanda International marked its 10-year anniversary and its Chairman Huang Jinhui was interviewed by the IAB in its February edition, which accompanied the survey. In his article, he talked about the strategic vision in expanding internationally, as well as network’s initiatives in brand building.
To find out more about Reanda UK, please visit www.reanda-uk.com