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The Cabinet life

Round table: CSR efforts, a distinguishing factor for SMEs and Mid-caps.

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Aca Nexia has hosted the second edition of its round table talks about Corporate Social Responsibility. CSR has become an essential prerequisite to any SME and Mid-cap in order to meet their clients, staff and partners expectations. However, to what extent can corporations go beyond talks and provide relevant actions? How can one firm involve its teams and assess the impact of the implemented CSR initiatives ?

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Transaction Services

Info deal : Sadevinox

Aca Nexia assisted Bertrand Serisé and his investors Bpifrance, Mermoz Participations and Atlantic Entrepreneurs Fund in its takeover of Sadevinox by carrying out the financial due diligence. Sadevinox is specialized in the distribution and logistics of stainless steel wire. This SME, located in Annecy, France, was created in 1938 and had not left the family circle since its creation. Its turnover is 24 M€, 60% of which comes from export.

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Audit

Towards a strengthening of joint audit in Europe for listed groups?

The European Parliament in its report on competition policy recommends to the European Commission a certain number of measures to fight against the virtual monopoly of the Big Four in the audit of listed companies. In particular, it recommends making joint auditing compulsory in order to allow other audit firms "to acquire the skills necessary to audit the largest companies". The French model has long since integrated the obligation of the practice of joint statutory auditors. There are few alternative players to the Big Four and Aca Nexia is one of them and offers listed companies the possibility of forming effecient and harmonious team of joint auditors.

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International

New Nexia member in Montreal, Quebec, Canada

Nexia International (Nexia), the ninth largest global network of independent accounting and consulting firms, has added a new member firm Cliff Benderoff CPA Inc to Nexia Canada. The firm has its main office in Montreal, Québec and provides tax services including corporate tax, individual tax, trust and estate taxation, indirect taxes and global mobility taxation, as well as financial statement preparation, accounting and bookkeeping. Aca Nexia has already successfully cooperated with Cliff Benderoff in due diligence on a Canadian company.

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