Kreston expands in Latin
America…

Croatian firm joins BDO…

CPA Associates reveals leadership…

Misuzu staff move to E&Y Japan…

STRATEGY
Kreston expands in Latin America

Kreston Latin America has announced the addition of 12 new member
firms in the region, extending its representation to Panama, El
Salvador, Honduras and Nicaragua. Kreston executive director Jon
Lisby said: “This is an excellent start to the new year and we are
confident that the revised strategy in the Latin America Region and
the determination to expand will bring additional value to our
members there.”

MERGERS AND ACQUISITIONS
Croatian firm joins BDO

BDO International has announced the recruitment of a new member
firm in Croatia. BDO Revizija Zagreb joined the network in January.
BDO Revizija Zagreb is based in the capital and has offices in
Gospić and Selce. The firm has 25 staff, including ten certified
auditors, and is licensed to perform auditing, due diligence,
capital value evaluations, tax, financial consulting and
bookkeeping services. In 2006, BDO Revizija Zagreb recorded fee
income of €1.7 million ($2.5 million), which represented a 37
percent growth rate on 2005. It plans to triple its fee income to
more than €5 million by 2011.

PEOPLE
CPA Associates reveals leadership

CPA Associates International has announced the election of its
leadership team for 2008. Raymond Strothman is the chairman, Ted
Carnevale has been elected secretary and Bernard Raden is
treasurer. The new members of the North America board of directors
are Jeffrey Arnol, Stephen Hancock, Phillip Kronlage and Jeffrey
McRae. Robert Zesati of Mexico is the chairman of the new
international board of directors. David Cooper ofthe US is
secretary and Paul Chan of Hong Kong is treasurer. The board
members are Marco Petrucci of Italy, Dan Schwartz of Romania and
Frank Betts and Leslie Prangley of the US.

PEOPLE
Misuzu staff move to E&Y Japan

Japanese firm Ernst & Young (E&Y) ShinNihon has completed
the inward transfer of 1,065 employees from former
PricewaterhouseCoopers Global (PwC) member firm Misuzu Audit
Corporation. Misuzu announced a wind-down of operations and split
from PwC early last year following two accounting scandals. E&Y
ShinNihon said the transferees have been undergoing intensive
training in auditing techniques and tools since early July to
enable them to quickly adapt.