EMEA Regional Update

Dublin, Ireland 22 October 2013

Lourens Oosthuizen

EXECUTIVE DIRECTOR

• Stephen Hamlet

- London, UK

stephen.hamlet@bkremea.com

Supported by:

Kate Hodgson kate.hodgson@bkremea.com

Membership

EMEA region:

• 63 firms

• Offices in 46 Countries

Board Members• Lourens Oosthuizen, South Africa (Chairman)• Nilesh Shah, United Kingdom (Vice-Chairman)• Arcangelo Agogliati, Italy• Alain Forestier, France• Ivan Fučík, Czech Republic• Peter Janssen, Netherlands• Hakan Sahin, Turkey• Angelos Theodorou, Cyprus• Ulrich Viefers, Germany

Meetings:

– Chicago, October 2012– London, January 2013– Bucharest, May 2013– Dublin, October 2013– Teleconference: January 2014

EMEA Board

Chairman: also member of WW Board• Meetings in Chicago, London, Charleston,

Dublin• Other members from EMEA:

– Angelo Colombo (WW Chairman)– Peter Walter– Shimon Yarel– Stephen Hamlet (as non-voting

observer and contributor)

EMEA Board

GoalsEMEA Board main goals:• Expanding membership/countries• Expanding services• Expanding coverage offers more possibilities:

– To offer your clients more assistance– To exchange experience among member firms – To give and get referrals

Provision of information• EMEA Website (www.bkremea.com) • Quarterly E-Update regional newsletter• Tax and Audit technical meetings• Sub-regional meetings (South Africa, BIG, Alps &

Mediterranean, Central/Eastern Europe, Middle East)• Quarterly reports on Audit & Accounting by Grant

Allsopp (Sydney, Australia)• Specialist Practice Groups (Tax)• Library on www.bkr.com (incl. Doing Business

brochures)

Regional website for EMEA

Why?

– To expand EMEA content on the www.bkr.com site

– To attract new firms in our region, promoting specific activity in EMEA

– To host new ideas and service offerings for existing members

– To be more personal and focused to the region

BKR EMEA WEBSITE

RecruitmentIn 2012/13, we recruited:• UNW LLP, United Kingdom (Newcastle)• Molade Trust Management B.V., The Netherlands• Abou Nasr and Associates, Iraq• Auditangol Consulting Enterprise (ACE), Angola

Losses: 2012/13

• RST Revisions (Switzerland, Basel)– But still have firms in Zurich and Geneva.

• MVP (Belgium)– But we still have a Belgium firm providing Audit services.

• Osunbade, Okiti & Co (Nigeria)

Applications pending:•Spain (Alicante) – to add to our current members in Barcelona and Madrid/Toledo

•Belgium (Tax firm) – to replace our lost Tax firm who merged into a network earlier this year

Other changes:•Our Belgium audit firm changed their name to Figurad (from WF&Co.)

Europe Middle East and Africa• Estonia • Algeria • Finland • Kenya• Lithuania • Namibia• Luxembourg (Audit firm) • Qatar • Slovakia / Slovenia • Tunisia• Russia (to expand) • Zambia

Target countries

CommitteesSTANDARDS (ESC) Chair – Anne Mouhssine (France)

• Annual Audit meeting (November)• Education and support re Audit & Accounting

updates• Due diligence on new members• Liaison with ISC

TAX (ETC) Chairman - Angelos Theodorou (Cyprus)

• Annual Tax meeting (November)• Tuition during meetings• Updating Tax database/contacts• Practice groups• Liaison with ITC

Committees

EGIAN: http://www.bkremea.com/Members-Area/EGIAN.aspx

• European Group of International Accounting Networks and Associations

• 24 global organisations offering audit, accounting and business advisory services

• Combined turnover of members: US$ 40 billion

• Exchange of ideas

• Lobbying (for eg, in response to EC Green Paper)

• Focus on Network vs. Association; now on Audit policy, plus focus groups for SMPs/SMEs

• Representatives: Stephen Hamlet and Ulrich Viefers

Sub-regional meetings– Audit and Tax meetings, Amsterdam NL, 26 November

2012 (this year: 25 November 2013)– Southern Africa, Johannesburg, 4-5 March 2013– BIG, London UK, 8 March 2013 (next year: 7 March

2014)– Central/Eastern Europe, Vienna, 20-21 June 2013– Alps and Mediterranean, Nice, 20 September 2013– Middle East (TBD...2014)– Bi/tri -lateral meetings

Statistical Analysis

• Introduced as useful tool for sharing information/making comparison among members

• Target to further enhance information despite various jurisdictions

• Presentation at EMEA Regional conference

2014 Joint EMEA/Asia Pacific Meeting

Istanbul: 2-5 May

BKR EMEA Region

Thank You

www.bkremea.com