Alliott Global Alliance expands accounting membership in Asia with appointment of K.M Alam & Co in Bangladesh
19 November 2020
Alliott Global Alliance (formerly ‘Alliott Group’), the international alliance of law and accounting firms, has increased its accounting presence in the Asia Pacific region by appointing leading accounting, audit and tax firm K.M. Alam & Co in Dhaka, Bangladesh.
This appointment gives the alliance a dual presence in Bangladesh following the appointment of law firm Old Bailey Chambers earlier this year.
Established in 1967, the top 25 firm provides a comprehensive range of services, including audit and assurance, consulting, tax, and payroll outsourcing to clients in the manufacturing, RMG and textile, advertising, insurance, and health sectors throughout Bangladesh.
Listed as a category ‘A’ audit firm by Bangladesh Bank, K.M Alam & Co. is also recognised by the Bangladesh Securities and Exchange Commission, Non-Governmental Organisations Affairs Bureau, and the Micro Credit Authority to audit financial statements. They are also registered with European Union and UN agencies to carry out assurance activities, micro assessments, and training.
The 65 staff, including three equity partners, conduct business in Bengali and English, and are committed and dedicated to offering a quality service to all clients.
Managing Partner, Mr Kazi Monowar comments:
“We are delighted to join Alliott Global Alliance. Being associated with a global alliance of this standing in the market will enhance the reputation of our firm and drive our growth strategy. Our affiliation will support our goal of becoming a Top 10 accounting firm in Bangladesh within two years.
“We look forward to providing assistance to clients doing business in Bangladesh and to collaborating with our new colleagues in countries beyond our national borders, including in Africa, where our international clients need access to trusted advisers.”
Alliott Global Alliance COO Giles Brake said:
“2020 has been a significant year of growth for our alliance and particularly in Asia where we now have a presence in 15 countries. Bangladesh has enjoyed major economic growth in recent years, so we are proud to welcome a second market leader who can work hand in hand with our law member Old Bailey Chambers to look after the needs of local and foreign clients. K.M Alam & Co will be a solid addition to the alliance as we continue our exciting growth strategy.”
Alliott Global Alliance is continuously growing and currently has member firms in the following Asia Pacific countries: Bangladesh, China, Hong Kong, Singapore, Indonesia, Malaysia, India, Australia, New Zealand, Japan, South Korea, Nepal, Pakistan, Thailand and Taiwan.
About K.M Alam & Co:
Established in 1967, K.M. Alam & Co is a top 25 accounting firm that provides a comprehensive range of services, including audit and assurance, consulting, taxation, and payroll outsourcing to clients in the manufacturing, RMG and textile, advertisement, insurance, and health sectors throughout Bangladesh
Listed as a category ‘A’ audit firm by Bangladesh Bank, K.M Alam & Co. are also recognised by the Bangladesh Securities and Exchange Commission, Non-Governmental Organisations Affairs Bureau, and the Micro Credit Authority to audit financial statements.
The firm is also registered with European Union and UN agencies to carry out assurance activities, micro assessments, and training.
About Alliott Global Alliance:
Founded in 1979, and with 185 member firms in 80 countries Alliott Global Alliance is an international alliance of independent, law, accounting, and specialist advisory firms, working across the world Together as One. Each of our members share a common goal: to learn and share knowledge, resources, and opportunities to make the world smaller and their businesses stronger.
We work with a spirit of generosity and openness — so that together, we can continue to fulfil our ambitions, gain greater experience, and drive mutual success.
Alliott Global Alliance is expanding fast, and the alliance has its sights set firmly on growing its legal and accounting membership to 100 countries. Opportunities are available to independent professional firms in specific countries in Africa, but also in Europe, China, the ASEAN region, Australasia, the Gulf Cooperation Council region, Central and South America and in North America. For information about membership in Asia, contact Damien McMenamin (email@example.com), Head of Global Business Development.