Mazars plans for future after year of growth

International tax, audit and advisory firm Mazars has grown by 23% in the UK, according to its latest financial results.

The firm, which has offices across the East Midlands, said that in the year to 31 August 2022, it achieved revenues of £288 million.

According to the firm, growth was strong across all service lines and sectors, in audit and non-audit.

Meanwhile, the team in East Midlands has continued to grow, with 20 additional team members added over the year, including the recruitment of new partner Hina Desai, and several promotions into director and manager roles.

Among the highlights from the year was the establishing of a new, locally-based financial services team.

Steve English, Mazars’ East Midlands office managing partner, said: “It’s been a hugely positive year for the East Midlands team, with additional members of staff joining and a raft of promotions over the year.

“We’ve been focussed on delivering good work for our clients and have invested in our people and capabilities across all of our service lines, including creating a new financial services team, and look forward to building on these successes in the next period.”

Across the UK, headcount at Mazars grew to 2,890, an increase of 18.5% from the previous year.

The firm also promoted 980 team members during the financial year.

Staff also committed 9,000 hours to wellbeing and volunteering projects.

Chief executive Phil Verity said: “We are harnessing the firm’s positive momentum to invest in building the team of the future.

“From defining enhanced career pathways to creating a culture of mentorship across the firm, we are investing today to build a team with the skills, resources and support to succeed in the future.

“The business environment is uncertain, but we remain driven by our relationships with our clients, supporting them through a volatile and shifting economy, and consistently delivering quality work.”