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October 14, 2008

Region round-up North America, Latin America

IGAF Worldwide has admitted a new member firm in the US… Joseph Berardino has joined global professional services firm Alvarez & Marsal as a managing director of corporate development… Stefanelli & Asociados, based in Puerto Ordaz near Bolivar, has become the fourth Venezuelan firm to join Kreston International this year… Deloitte US has formed a strategic alliance with software solutions company Sterling Commerce aimed at helping companies improve their multichannel e-commerce… US accounting, tax and business advisory services firm Reznick Group has appointed six principles…Ralph Fatigate has joined BDO Consulting, a division of US firm BDO Seidman, as the managing director of its mortgage lending investigative unit…

IGAF Worldwide has admitted a new member firm in the US. Howard, Wershbale & Co is based in Cleveland, Ohio, and has 16 principals and 73 employees. The firm provides accounting, auditing, tax, valuation and litigation, and management consulting services.

• Joseph Berardino has joined global professional services firm Alvarez & Marsal as a managing director of corporate development. Berardino previously worked as an audit partner at Arthur Andersen, where he served for 30 years in various client serving and leadership roles, including chief executive of Andersen Worldwide.

Stefanelli & Asociados, based in Puerto Ordaz near Bolivar, has become the fourth Venezuelan firm to join Kreston International this year. The association has also welcomed Costa Rican firm KB Sociedad Anónima. The San José-based firm has three partners and 40 staff and provides audit, tax and accounting services. The firm is Kreston’s first member in Costa Rica.

Deloitte US has formed a strategic alliance with software solutions company Sterling Commerce aimed at helping companies improve their multichannel e-commerce selling and fulfilment processes. Deloitte will provide process, strategy and technology-related consulting capabilities focussed on key industries while Sterling Commerce will provide for managed file transfer and business-to-business connectivity and collaboration.

• US accounting, tax and business advisory services firm Reznick Group has appointed six principles. Bonnie Ely has been appointed to provide audit services for investment tax credit funds, the affordable housing industry, pension plans and not-for-profit organisations. Jeffrey Cunningham will specialise in audit and consulting services to real estate clients and Christopher Mahon joins the audit team and will focus on publicly-traded and closely-held companies in the software, information technology, hospitality, government contracting and distribution industries.

Matthew Stille is to work across audit, accounting, tax, cost certification and other services and Scott Szeliga has been appointed to the firm’s audit and assurance practice for new markets tax credit clients. Christopher Reinholz becomes a principle in Reznick’s valuation and transaction advisory group, performing valuation and transaction advisory services for clients involved in technology, life sciences, manufacturing, government contracting and real estate.

• Ralph Fatigate has joined BDO Consulting, a division of US firm BDO Seidman, as the managing director of its mortgage lending investigative unit. Fatigate previously worked as the director of investigations at the New York State Banking Department.

BDO Consulting executive director Carl Pergola said: “Ralph Fatigate has a wealth of knowledge on mortgage lending issues stemming from his extensive experience co-ordinating and supervising some of the most complex mortgage-related investigations in the US. His experience, both as a regulator and a consultant, lends valuable insight to clients in managing their issues related to the current industry crisis.”

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