Forvis Mazars

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. These episode…

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.

1. 2026Combined revenue exceeds $5.7 billion

   Forvis Mazars announced combined FY2024/25 revenue of more than $5.7 billion, representing year-on-year growth of more than 11 percent.

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2. 2025Network reports more than 40,000 employees and over $5 billion in combined revenue

   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.

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3. 2024Forvis Mazars launches as a global network

   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.

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4. 2024New governance model separates oversight and execution

   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.

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5. 2023Mazars and Forvis agree to create a global network

   The parties agreed to combine the U.S. Mazars operations with Forvis and operate internationally under a shared Forvis Mazars brand.

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6. 2022FORVIS is created through the BKD and Dixon Hughes Goodman combination

   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.

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7. 2016Hervé Hélias becomes CEO of Mazars Group

   Hélias succeeded Castagnac as chief executive after holding senior roles in audit, banking, public-interest entities, and French country leadership.

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8. 2011Philippe Castagnac becomes chief executive of Mazars

   Castagnac took over group leadership during a period of continued international expansion and organizational development.

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9. 2010Mazars merges with Weiser in the United States

   Mazars and U.S. audit and advisory firm Weiser combined, bringing 74 Weiser partners into Mazars’ international integrated partnership.

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10. 2007Mazars combines with MRI Moores Rowland’s London office

    The combination strengthened Mazars’ position in the United Kingdom and expanded its fee base and partner platform there.

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11. 1983Patrick de Cambourg succeeds Robert Mazars

    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.

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12. 1945Robert Mazars establishes the original Mazars firm

    Robert Mazars founded an accountancy practice in Rouen, Normandy, creating the predecessor organization from which the Mazars international partnership later developed.

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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.

• Audit and assuranceProfessional services2024

  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.

• TaxProfessional services2024

  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.

• Advisory and consultingProfessional services2024

  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.

• Financial advisoryCorporate finance2024

  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.

• SustainabilitySustainability services2024

  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.

• Outsourcing and accountingBusiness process services2024

  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 servicesLegal and corporate services2024

  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.

• Digital, artificial intelligence, and technology advisoryTechnology consulting2024

  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.

• 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.

  Outcome. The campaign represented the next stage of consolidating the Forvis Mazars identity after the 2024 network launch.

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• 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.

  Outcome. The 2026 program marked the second edition of the organization-wide community impact weeks.

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• 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.

  Outcome. The 2026 edition was described as the second year of the coordinated international program.

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• 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.

  Outcome. The initiative became part of the group’s broader effort to attract younger talent across service lines and member firms.

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• 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.

  Outcome. The updated proposition was planned for rollout across member firms during 2024 and 2025.

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• 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.

  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.

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• 2026Expansion of artificial-intelligence and automation capabilities in SpainOther

  The growing demand for AI implementation, automation, and technology transformation created a need for additional specialist capacity within the advisory platform.

  What changed. 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.

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• 2025Investment in integrated multidisciplinary growthStrategy

  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.

  What changed. 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)

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• 2024Launch of a two-member global network under one brandStrategy

  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.

  What changed. 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.

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• 2024Creation of separate oversight and executive governance bodiesStrategy

  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.

  What changed. 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.

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• 2023Agreement to create the Forvis Mazars global networkM&A

  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.

  What changed. 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.

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• 2022Suspension of crypto proof-of-reserves engagementsOther

  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.

  What changed. 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.
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• 2022Suspension of cryptocurrency proof-of-reserves workControversy

  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.

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• 2021Renewed House Oversight request for Trump-related recordsControversy

  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.

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• 2019Trump financial-records subpoena involving Mazars USAControversy

  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.

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• 2026Forvis Mazars reports revenue exceeding $5.7 billion

  For the financial year ended August 31, 2025, the combined network reported revenue above $5.7 billion and year-on-year growth of more than 11 percent.

  Other
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• 2026Forvis Mazars unveils a new global brand campaign

  Two years after the network’s creation, Forvis Mazars began rolling out a new global brand campaign focused on helping clients prepare for future challenges and opportunities.

  Campaign
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• 2026Forvis Mazars launches Global AI and tech week

  The network launched a coordinated international program intended to help employees and clients explore practical value from artificial intelligence and emerging technologies.

  CampaignProduct launch
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• 2026Forvis Mazars announces a new office in Ecuador

  The organization announced a new office in Guayaquil, expanding its Latin American presence.

  Other
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• 2026Forvis Mazars integrates an AI and automation team from Infini in Spain

  More than 20 professionals from Infini joined Forvis Mazars in Spain as part of the firm’s expansion of its artificial-intelligence and automation capabilities.

  M&AProduct launch
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• 2026Forvis Mazars completes second global community impact weeks

  Employees around the world participated in coordinated community activities focused on climate and environmental issues, health and wellbeing, and education.

  Campaign
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• 2024Forvis Mazars global network officially launches

  Mazars and Forvis launched a single-brand global network on June 3, 2024. The network began operations through Forvis Mazars Group SC outside the United States and Forvis Mazars LLP in the United States.

  M&AOther
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• 2024Forvis Mazars Group announces new governance model and leadership positions

  The group announced a governance structure separating strategic oversight by a Group Governing Board from execution by a Group Executive Committee. Hervé Hélias became chairman and Pascal Jauffret became chief executive officer.

  Leadership change
  Source

1. Forvis Mazars
2. Forvis Mazars Global: Our leaders
3. Hervé Hélias profile
4. Forvis Mazars Group announces new governance model and leadership positions
5. Forvis Mazars launches its global network
6. Forvis Mazars at a glance 2025
7. Forvis Mazars posts another year of solid growth
8. Forvis Mazars geographic footprint
9. Forvis Mazars latest news
10. Mazars pauses work for cryptocurrency clients
11. Trump v. Mazars USA, LLP
12. Forvis, LLP
13. Forvis Mazars transparency and employer-branding material