Aronson & Company Announces Praxity Membership

Aronson News
April 11, 2007

Rockville, MD, May 11, 2007/PRNewswire/ — Aronson & Company (A&C), a nationally ranked top 50 accounting and consulting firm based in Rockville, MD, recently announced that it had become a member of Praxity, a new international alliance of independent accounting firms.

With global reach via an alliance of dynamic international, national and regional firms, Praxity opens a new horizon for accounting services across the globe. Praxity’s ambition is to offer top rate services to existing global businesses that need top class auditing and accounting expertise, as well as to fast growing businesses that need international support in addition to local services in their home market. These services will be delivered by firms who are committed to the high standards required in international business.

“We are excited by this new alliance, which will help us continue to provide the best quality services to our clients as the world changes and more and more companies diversify and globalize their operations,” remarked Lisa J. Cines, CPA, Managing Officer, A&C.

The creation of Praxity is a joint initiative taken by former Moores Rowland International key members and Mazars to better meet market expectations at a critical time and to enhance their offer of services and overall momentum. A&C was affiliated with Moores Rowland International prior to their relationship with Praxity.

The basis of Praxity’s power is the ability of its members to offer the expertise and knowledge to help their clients achieve their aims. Drawing upon international resources, members can augment their depth of knowledge to provide invaluable input to their clients.

The alliance will formally begin operations with coverage in more than 65 countries and combined 2006 turnover of approximately USD 2.4 billion (EURO 2.0 billion). Organized as a not-for-profit organization under Belgian law (AISBL), Praxity has its administrative center in London.

William E. Fingland Jr, PRAXITY chair explains its mission: “In a business environment that is increasingly global, the members of PRAXITY provide a dynamic and innovative option to better serve businesses on an international level. We want to open up the world market and bring its infinite possibilities to everyone’s advantage.”

Through its selective membership, Praxity believes it will offer a unique business opportunity to a worldwide customer base. As Jos Van Huut, Praxity vice-chair, outlines: “We live in an open and innovative world. The Praxity alliance offers significant and exciting additional opportunities for all businesses to expand their horizons. Now the world is their home market.”

About Aronson & Company

As the Mid-Atlantic region’s premier accounting and consulting firm, Aronson & Company has built a tradition of excellence spanning nearly 50 years. Hundreds of dedicated business experts provide innovative solutions designed specifically for each client. A&C specializes in comprehensive audit, tax and consulting services for clients ranging from individual taxpayers up through publicly traded companies poised for continued success.

A&C’s professionals stay ahead of trends to meet and exceed expectations through their unique combination of personal service and innovative expertise. Dedicated to providing a complete financial solution, A&C is more than just a typical accounting firm – they are a trusted advisor to their clients.

A&C is proud to be one of INSIDE Public Accounting’s top 50 national accounting firms and has been featured on their elite Best of the Best list for three years running. A&C has also been named to Public Accounting Report’s top 50, and is ranked as a top 10 accounting and consulting firm by the Washington Business Journal. Most of A&C’s professional experts are members of the Maryland Association of Certified Public Accountants and the American Institute of Certified Public Accountants.