Forvis Mazars

Professional services

A global professional services network providing audit and assurance, tax, advisory, consulting, legal, outsourcing, and related financial services.

Last updated November 4, 2026

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Overview

Forvis Mazars is an international professional services network operating under a single global brand. It was launched in June 2024 through an agreement between Mazars, the long-established French audit and accounting partnership, and Forvis, the United States firm created through the 2022 combination of BKD and Dixon Hughes Goodman. The arrangement created a new global challenger in audit, tax, advisory, and consulting while preserving the separate ownership, legal structures, and profit pools of the two participating firms. The network operates through two principal members. Forvis Mazars Group SC is an internationally integrated partnership based in Paris and serving clients across more than 100 countries and territories. Forvis Mazars LLP is the United States member, headquartered in Springfield, Missouri. A global network board coordinates the relationship and supports cross-border collaboration, but each member firm remains governed by its own partnership and board. This structure distinguishes Forvis Mazars from conventional multinational accounting groups that are controlled by a single corporate parent. The Mazars side of the organization traces its origins to 1945, when Robert Mazars established an accountancy practice in Rouen, Normandy. Under later leaders, particularly Patrick de Cambourg, the firm expanded beyond France and developed an integrated international partnership model. Philippe Castagnac led the group from 2011 to 2016, while Hervé Hélias became group chief executive in 2016 and later served as chairman and chief executive of the Mazars group. The Forvis side brings together the heritage of BKD, founded in the United States in 1923, and Dixon Hughes Goodman, whose modern firm developed through a series of regional combinations. Forvis Mazars serves organizations ranging from privately owned and middle-market businesses to listed companies, financial institutions, governments, public-interest entities, private-equity investors, and multinational groups. Its principal service lines are audit and assurance, tax, advisory and consulting, financial advisory, sustainability, outsourcing, accounting and reporting, legal services, and international support desks. The organization also works across sectors such as financial services, manufacturing, life sciences, private equity, and technology, media, and telecommunications. The network positions itself as an alternative to the largest global accounting firms, emphasizing an integrated partnership structure, international reach, multidisciplinary expertise, and what it describes as an unmatched client experience. Its service proposition combines statutory and financial-statement audit with consulting, transactions, risk, governance, technology, sustainability, tax, and legal work. This breadth allows the group to support clients through growth, restructuring, international expansion, digital transformation, regulatory change, and corporate transactions. At the beginning of 2025, the combined network reported more than 40,000 employees, over 1,800 partners, more than 400 offices, and operations in over 100 countries and territories. For the financial year ended August 31, 2025, combined revenue exceeded $5.7 billion, according to the network’s 2026 announcement. Audit and assurance represented 45 percent of reported revenue, tax 23 percent, advisory activities including consulting, financial advisory, and sustainability 21 percent, and outsourcing 11 percent. The brand has also invested in employer branding, community programs, artificial-intelligence initiatives, and a global identity centered on helping clients prepare for what comes next. Its public profile nevertheless includes controversies inherited from the Mazars business, notably the congressional and judicial disputes involving Mazars USA and Donald Trump’s financial records, as well as scrutiny surrounding the firm’s 2022 proof-of-reserves engagements for cryptocurrency exchanges.

History

The history of Forvis Mazars combines the development of the French Mazars partnership with the American lineage of Forvis. The Mazars story began in 1945, when Robert Mazars established an accountancy practice in Rouen, Normandy. The firm initially operated as a local accounting business, but it gradually expanded its professional capabilities and geographic reach. Robert Mazars remained chief executive until 1983. Patrick de Cambourg succeeded Mazars in the leadership of the firm and helped turn it into an international organization. The firm’s expansion reflected a deliberate strategy of building an integrated partnership rather than a loose collection of unrelated national practices. By the late 1970s, the organization had grown beyond its original local scale, although it remained much smaller than the large Anglo-American accounting groups that dominated international markets. During the following decades, Mazars expanded throughout Europe and then into other regions. Its development included the establishment and integration of member firms in countries across Asia, Africa, North and South America, and the Middle East. The firm’s international identity was built around common standards, cross-border collaboration, and partnership ownership. Unlike publicly listed professional-services companies, the partnership model allowed the organization to reinvest in international development while maintaining professional independence. Mazars also grew through selected combinations and integrations. In the United Kingdom, it combined with the London office of MRI Moores Rowland in 2007, strengthening its position in the British accountancy market. In the United States, Mazars merged with Weiser in 2010, adding partners and expanding its presence in the northeastern United States. Other national integrations and local combinations extended the Mazars network in markets such as Vietnam and Zimbabwe. Philippe Castagnac became chief executive of Mazars in 2011 and led the group through a period of continued international development. He was succeeded by Hervé Hélias in 2016. Hélias had joined Mazars in 1986 and held several leadership roles, including global banking leadership, responsibility for the public-interest-entity business, managing partner of Mazars France, and group co-chief executive. Under his leadership, Mazars continued to emphasize independence, multidisciplinary services, talent development, and international integration. Hélias also became associated with the creation of Mazars University, an internal development platform intended to strengthen professional training and career progression. The American side of the later network developed from two established U.S. firms. BKD originated in 1923, when William Baird, Wade Kurtz, and Claire Dobson established a firm in Missouri. Dixon Hughes Goodman developed through a separate Southern and Mid-Atlantic accountancy tradition. The two firms announced their combination in 2022 and adopted the name FORVIS, derived from the phrase “forward vision.” Forvis became a major U.S. accounting and advisory firm with a strong middle-market and regional-business presence. In 2023, Mazars and Forvis reached an agreement covering the combination of the U.S. Mazars operations with Forvis and the creation of a single global brand. The arrangement was not a conventional acquisition of one worldwide corporation by another. Instead, it created a two-member network in which Forvis Mazars Group SC and Forvis Mazars LLP retained their respective partnership ownership and profit pools. The firms agreed to coordinate through a global board and operate internationally under the Forvis Mazars name. The new network officially launched on June 3, 2024. The launch gave the combined organization more than 40,000 professionals, over 1,800 partners, more than 400 offices, and a presence in over 100 countries and territories. Forvis Mazars Group SC became the internationally integrated partnership serving markets outside the United States, while Forvis Mazars LLP became the U.S. member firm. The launch was followed by changes in governance. Hervé Hélias became chairman of Forvis Mazars Group and chair of the global network board. In December 2024, the group introduced a governance model separating strategic oversight from executive implementation. Pascal Jauffret, a long-serving Mazars partner with experience in Italy, mergers and acquisitions, and Asia-Pacific expansion, became chief executive of Forvis Mazars Group. Since its formation, the network has broadened its public identity beyond traditional audit and tax work. It has promoted consulting, financial advisory, sustainability, outsourcing, legal services, artificial intelligence, technology transformation, and international growth advisory. Employer campaigns such as Gen You have targeted younger and more diverse candidates, while community impact weeks have coordinated social and environmental volunteering across member firms. The organization’s recent growth has been accompanied by a stronger emphasis on technology and global integration. It has launched AI-focused programs, expanded its Latin American footprint, integrated specialist teams in Spain, and promoted a global brand campaign centered on helping clients prepare for what comes next. For the financial year ended August 31, 2025, the combined network reported revenue above $5.7 billion. The Forvis Mazars history also includes reputationally sensitive episodes inherited from the Mazars business. The firm’s U.S. practice became involved in disputes over congressional and prosecutorial requests for Donald Trump’s financial records. In 2022, Mazars performed proof-of-reserves work for Binance and other cryptocurrency exchanges after the collapse of FTX increased demand for transparency. The firm later suspended such work, explaining that the public could misunderstand the nature and scope of the reports. These matters have influenced discussion about professional independence, assurance standards, and the communication of financial information in emerging markets. Mazars began in France in 1945, when Robert Mazars established the accounting practice from which the organization takes its name. The firm initially developed as a French accounting and audit business. Over time, it broadened its professional offering and built a wider national and international platform serving companies and institutions with accounting, audit, tax, and advisory needs. The organization’s international development followed the partnership model common to large professional-services firms. Rather than becoming a conventional listed corporation, Mazars expanded through cooperation and integration among country practices and legally distinct member firms. This allowed it to provide cross-border services while maintaining local regulatory compliance, professional independence, and jurisdiction-specific legal structures. Its growth placed it among the significant international firms operating in audit, tax, and advisory services. As its geographic network expanded, Mazars added capabilities beyond statutory audit. These included accounting and reporting support, tax services, transaction and corporate-finance advice, risk and internal-control work, consulting, technology-related services, and sustainability and non-financial reporting support. The firm’s client base included multinational companies, financial institutions, public-sector and public-interest organizations, and privately held and mid-market businesses. Mazars’ historic identity was associated with an international partnership operating across multiple countries. The network’s structure meant that individual services were generally delivered by local or regional legal entities subject to the applicable professional rules in each jurisdiction. At the same time, the organization sought to present a coordinated international proposition to clients whose activities crossed borders. A major organizational and brand transition occurred in 2024. The international organization adopted the Forvis Mazars name and stated that the global network operates through two members: Forvis Mazars, LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership serving the rest of the international network. Both members share the Forvis Mazars brand and offer audit and assurance, tax, advisory, and consulting services. The change created a single international identity while retaining the separate legal and regulatory arrangements required in different markets. Under the Forvis Mazars identity, the organization describes itself as operating in more than 100 countries and territories. Its current scope encompasses traditional audit and tax work as well as advisory and consulting services related to transactions, risk, technology, transformation, sustainability, and organizational performance. Because the network is partnership-based and its activities are delivered through multiple regulated entities, information about local ownership, leadership, registration, and service authorization may differ by country. Current official group and local-member disclosures are therefore the appropriate sources for jurisdiction-specific facts.

2026
Combined revenue exceeds $5.7 billion
[7]Forvis Mazars posts another year of solid growthforvismazars.com
Forvis Mazars announced combined FY2024/25 revenue of more than $5.7 billion, representing year-on-year growth of more than 11 percent.
2025
Network reports more than 40,000 employees and over $5 billion in combined revenue
[6]Forvis Mazars at a glance 2025forvismazars.com
The network’s 2025 profile reported more than 40,000 employees, over 1,800 partners, operations in more than 100 countries and territories, and combined revenue above $5 billion.
2024
Forvis Mazars launches as a global network
[5]Forvis Mazars launches its global networkforvismazars.com
The single-brand Forvis Mazars network officially launched on June 3, 2024, with two member firms serving the United States and the rest of the international network.
2024
New governance model separates oversight and execution
[4]Forvis Mazars Group announces new governance model and leadership positionsforvismazars.com
Forvis Mazars Group created a Group Governing Board for strategy and oversight and a Group Executive Committee for execution, appointing Hervé Hélias as chairman and Pascal Jauffret as CEO.
2024
Global launch of the Forvis Mazars brand
[14]Forvis Mazars Groupforvismazars.com
The international network introduced the Forvis Mazars name and described a two-member global structure comprising Forvis Mazars, LLP in the United States and Forvis Mazars Group SC internationally.
2023
Mazars and Forvis agree to create a global network
[1]Forvis Mazarsen.wikipedia.org
The parties agreed to combine the U.S. Mazars operations with Forvis and operate internationally under a shared Forvis Mazars brand.
2022
FORVIS is created through the BKD and Dixon Hughes Goodman combination
[12]Forvis, LLPen.wikipedia.org
The U.S. firms BKD and Dixon Hughes Goodman combined and adopted the FORVIS name, creating the American firm that later joined with Mazars internationally.
2016
Hervé Hélias becomes CEO of Mazars Group
[3]Hervé Hélias profileforvismazars.com
Hélias succeeded Castagnac as chief executive after holding senior roles in audit, banking, public-interest entities, and French country leadership.
2011
Philippe Castagnac becomes chief executive of Mazars
[1]Forvis Mazarsen.wikipedia.org
Castagnac took over group leadership during a period of continued international expansion and organizational development.
2010
Mazars merges with Weiser in the United States
[1]Forvis Mazarsen.wikipedia.org
Mazars and U.S. audit and advisory firm Weiser combined, bringing 74 Weiser partners into Mazars’ international integrated partnership.
2007
Mazars combines with MRI Moores Rowland’s London office
[1]Forvis Mazarsen.wikipedia.org
The combination strengthened Mazars’ position in the United Kingdom and expanded its fee base and partner platform there.
1983
Patrick de Cambourg succeeds Robert Mazars
[1]Forvis Mazarsen.wikipedia.org
Patrick de Cambourg became chief executive and began a phase of international development that transformed Mazars from a French practice into a broader European and global organization.
1945
Robert Mazars establishes the original Mazars firm
[1]Forvis Mazarsen.wikipedia.org
Robert Mazars founded an accountancy practice in Rouen, Normandy, creating the predecessor organization from which the Mazars international partnership later developed.
1945
Robert Mazars establishes the founding practice
[15]Mazars official websitemazars.com
Robert Mazars founded the French accounting practice that became the basis of the Mazars organization.

Products and positioning

An independent, partnership-owned global professional services network positioned as a multidisciplinary alternative to the largest accounting firms, combining international scale with local and sector expertise. A privately held, internationally integrated professional-services network positioned as an alternative to the largest global audit and consulting networks, with services spanning audit and assurance, tax, advisory, and consulting for international groups, public-interest entities, financial institutions, governments, and mid-market businesses.

Professional services · 2024
Audit and assurance
Forvis Mazars provides statutory audit, financial-statement audit, assurance, internal audit, risk, controls, and related reporting services. The practice serves listed companies, private businesses, financial institutions, public-interest entities, and organizations operating across multiple jurisdictions. Audit and assurance is the network’s largest reported service line and represented 45 percent of combined revenue in the financial year ended August 31, 2025. Audit and assurance work is a core part of the network’s offering. Depending on the jurisdiction and engagement, services may include statutory audit, group audit coordination, internal audit, controls and assurance work, reporting-related support, and assurance over selected non-financial information. Delivery is performed through regulated local entities and must follow applicable professional and independence requirements.
Professional services · 2024
Tax
Tax services cover compliance, accounting-related tax work, international tax, transfer pricing, indirect tax, tax disputes, private-client matters, mergers and acquisitions tax, tax transformation, and incentives. The network combines country-level knowledge with cross-border support for multinational groups, investors, privately held businesses, and organizations entering new markets. Mazars and Forvis Mazars member firms provide tax compliance and advisory services to companies, institutions, and individuals where permitted by local regulation. The broad area can cover corporate and international tax, indirect taxes, transfer pricing, employment-related tax, transaction tax, and tax reporting. Specific services vary among countries and legal entities.
Professional services · 2024
Advisory and consulting
Advisory and consulting services address strategy, operating models, finance transformation, technology, data, risk, governance, performance improvement, transactions, and business transformation. The offering is designed to support organizations through growth, restructuring, digital change, regulatory developments, and complex decisions requiring financial and operational analysis.
Corporate finance · 2024
Financial advisory
Financial advisory includes deals, mergers and acquisitions, transaction support, financing, restructuring, valuation, corporate finance, crisis and disputes, and related investor services. The practice works with corporations, private-equity funds, lenders, shareholders, and management teams on acquisitions, divestitures, capital raising, value creation, and financial decision-making.
Sustainability services · 2024
Sustainability
Sustainability services include sustainability reporting and assurance, ESG strategy, transformation, sustainable finance, climate-related support, and assistance with evolving non-financial reporting requirements. The offering connects assurance and advisory capabilities to help clients develop reliable data, governance, disclosures, and transition plans.
Business process services · 2024
Outsourcing and accounting
Outsourcing services include accounting and reporting, tax compliance, payroll and human-resources administration, corporate secretarial work, secondments, global compliance, and related finance operations. These services are intended for organizations seeking additional capacity, standardized processes, local compliance support, or scalable finance functions across several markets.
Legal and corporate services · 2024
Legal services
Through relevant member-firm practices, Forvis Mazars offers corporate and commercial, employment, dispute-resolution, legal-compliance, transaction-support, corporate-structuring, and corporate-secretarial services. Legal capabilities complement audit, tax, deals, and advisory work while remaining subject to local regulatory and professional requirements.
Technology consulting · 2024
Digital, artificial intelligence, and technology advisory
The network’s technology-related work includes digital transformation, automation, artificial intelligence, data, technology risk, and implementation support. In 2026, Forvis Mazars expanded this focus through a global AI and technology week and by integrating a team of more than 20 AI and automation professionals from Infini into its Spanish practice.
Professional services
Advisory
Advisory services support organizations with transactions, finance, performance improvement, risk, governance, internal controls, restructuring, and other business decisions. The offering is designed for a range of clients, including multinational groups, financial institutions, public-interest bodies, governments, and privately owned or mid-market companies.
Professional services
Consulting
Consulting work extends the network beyond assurance and compliance into business transformation and organizational change. Areas may include strategy, operating-model improvement, technology and digital transformation, data, finance transformation, risk, and sustainability. The exact scope is determined by the relevant country practice and applicable professional rules.
Professional services
Sustainability and climate services
The network provides advisory and assurance support related to sustainability, climate, environmental information, non-financial reporting, and organizational transition. These services reflect the growing need for companies and institutions to measure, report, govern, and obtain assurance over sustainability-related information.

Controversies

2022
Suspension of cryptocurrency proof-of-reserves work
Mazars performed proof-of-reserves engagements for Binance and other crypto exchanges after the collapse of FTX heightened demand for evidence of customer-asset backing. In December 2022, Mazars suspended this work for cryptocurrency clients, citing concerns about public interpretation of the reports and the limitations of the engagement format.
Source
2021
Renewed House Oversight request for Trump-related records
The House Oversight Committee reissued its subpoena after the beginning of a new congressional session, continuing its effort to obtain records held by Mazars USA concerning Trump and related entities.
Source
2019
Trump financial-records subpoena involving Mazars USA
The U.S. House Committee on Oversight and Reform subpoenaed Mazars USA for financial information connected to Donald Trump and affiliated businesses. The matter became part of wider legal disputes over congressional oversight, executive privilege, and access to presidential financial records.
Source

2026New global brand campaign
Global
Two years after the launch of Forvis Mazars, the firm introduced a new global brand campaign focused on its promise to help clients prepare for what comes next. The campaign represented the next stage of consolidating the Forvis Mazars identity after the 2024 network launch.
Outcome. The campaign represented the next stage of consolidating the Forvis Mazars identity after the 2024 network launch.
Source
2026Global Community Impact Weeks
Global
Forvis Mazars coordinated community volunteering and impact activities across its international network, focusing on climate and the environment, health and wellbeing, and education. The 2026 program marked the second edition of the organization-wide community impact weeks.
Outcome. The 2026 program marked the second edition of the organization-wide community impact weeks.
Source
2026Global AI and tech week
Global
The Global AI and tech week brought together professionals across the network to explore how artificial intelligence and emerging technologies could create practical value for employees and clients. The 2026 edition was described as the second year of the coordinated international program.
Outcome. The 2026 edition was described as the second year of the coordinated international program.
Source
2024Gen You Graduates
International
Gen You Graduates extended the employer-branding platform to entry-level and graduate recruitment, using the wider campaign’s themes of learning, purpose, diversity, and career opportunity. The initiative became part of the group’s broader effort to attract younger talent across service lines and member firms.
Outcome. The initiative became part of the group’s broader effort to attract younger talent across service lines and member firms.
Source
2024Forvis Mazars Employer Value Proposition
International
Following the creation of the Forvis Mazars network, the group adapted its employer value proposition to reflect the new global brand and the expanded career opportunities available across two member firms and more than 100 countries and territories. The updated proposition was planned for rollout across member firms during 2024 and 2025.
Outcome. The updated proposition was planned for rollout across member firms during 2024 and 2025.
Source
2023Gen You
Europe · North America · Asia-Pacific · Africa · Middle East
Gen You was an international employer-branding campaign designed to present audit and related professional services as purposeful, varied, and suitable for a younger and more diverse generation of candidates. It featured the experiences of the firm’s own auditors and emphasized learning, career mobility, societal relevance, and professional development. The campaign began in Europe and North America, expanded to Asia-Pacific, and later reached Africa and the Middle East. A graduate-focused extension, Gen You Graduates, was launched in 2024.
Outcome. The campaign began in Europe and North America, expanded to Asia-Pacific, and later reached Africa and the Middle East. A graduate-focused extension, Gen You Graduates, was launched in 2024.
Source

Brand decisions

2026
Expansion of artificial-intelligence and automation capabilities in SpainOther
Background
The growing demand for AI implementation, automation, and technology transformation created a need for additional specialist capacity within the advisory platform.
Action taken
Forvis Mazars integrated a team of more than 20 professionals from Infini into its Spanish practice.
Aftermath
The move strengthened the firm’s AI and automation offering in Spain and formed part of a wider global technology strategy.
Source
2025
Investment in integrated multidisciplinary growthStrategy
Background
Forvis Mazars has sought to use its new international scale to expand beyond traditional audit and tax work into advisory, sustainability, outsourcing, technology, legal services, and cross-border transformation.
Action taken
The network invested in technology, talent, international integration, AI capabilities, and a broad service portfolio intended to support clients across the business lifecycle.
Aftermath
For the year ended August 31, 2025, combined revenue exceeded $5.7 billion, with audit and assurance, tax, advisory, and outsourcing contributing distinct portions of the network’s business.
Combined revenue. $5.0 billion or more → $5.7 billion or more (Financial year ended August 31, 2025; announced February 24, 2026)
Source
2024
Launch of a two-member global network under one brandStrategy
Background
The professional-services market was already concentrated among a small number of large global networks. Forvis Mazars sought to offer clients another international provider while retaining the flexibility of separate partnership-owned firms.
Action taken
The network adopted the Forvis Mazars name worldwide and organized international coordination through a global network board.
Aftermath
The new structure expanded cross-border capacity and unified the public-facing brand, while member firms continued to operate under their own legal and governance arrangements.
Source
2024
Creation of separate oversight and executive governance bodiesStrategy
Background
After the network launch, Forvis Mazars Group sought a governance model that could distinguish strategic supervision from day-to-day execution while supporting growth and preserving partnership governance.
Action taken
The Group Governing Board was assigned responsibility for strategy and oversight, while the Group Executive Committee was assigned responsibility for implementation and operational leadership. Hervé Hélias became chairman and Pascal Jauffret became CEO.
Aftermath
The model became effective in December 2024 and established a clearer division of responsibilities within Forvis Mazars Group.
Source
2024
Adoption of the Forvis Mazars global identityStrategy
Background
The international network sought to present a unified brand across its United States and international operations while continuing to operate through separate members and regulated local entities.
Action taken
Mazars introduced the Forvis Mazars name for a global network consisting of Forvis Mazars, LLP in the United States and Forvis Mazars Group SC internationally.
Aftermath
The organization now markets audit and assurance, tax, advisory, and consulting services under the Forvis Mazars brand across more than 100 countries and territories.
Source
2023
Agreement to create the Forvis Mazars global networkM&A
Background
Mazars and Forvis sought to expand international coverage and create a larger alternative in the highly concentrated global audit and advisory market. The transaction followed Forvis’s formation from BKD and Dixon Hughes Goodman and included the combination of the U.S. Mazars operations with Forvis.
Action taken
The parties agreed to operate internationally under the Forvis Mazars brand through two separately owned member firms: Forvis Mazars Group SC and Forvis Mazars LLP.
Aftermath
The arrangement launched on June 3, 2024, creating a network with more than 40,000 employees and operations in more than 100 countries and territories while preserving separate partnership ownership and profit pools.
Source
2022
Suspension of crypto proof-of-reserves engagementsOther
Background
Mazars had been engaged by Binance and other cryptocurrency exchanges to produce proof-of-reserves reports after the collapse of FTX intensified concerns about customer-asset backing. Public discussion questioned the scope and presentation of such reports.
Action taken
Mazars paused proof-of-reserves work for cryptocurrency clients and stopped providing the service in that form.
Aftermath
The decision removed Mazars from a highly visible emerging assurance market and highlighted the distinction between agreed-upon procedures or proof-of-reserves work and a full financial-statement audit.
- Binance — Binance said the suspension meant it could not continue working with Mazars for the time being and indicated that it had contacted other large accounting firms.
Source

Recent events

2021.02.04
Reported2021.02.04
Mazars appoints Ivan Cole to lead systems integration technology[16]Mazars任命Ivan Cole担任系统集成首席技术负责人prnewswire.com
Mazars USA announced that Ivan Cole joined its Consulting Group as Managing Director and Chief Technologist for the Mazars Systems Integration Practice.

Sources16 sources

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