The new network, named Forvis Mazars, is now operational with a combined global revenue of $4.7bn (£3.7bn), catapulting the group into the top 10 international accounting networks.

Phil Verity, CEO at Mazars in the UK, will sit on the global board of the new network’s non US operation, which will be known as Forvis Mazars Group SC.

‘It is such a transformational moment for the partners and staff, and the response from partners was incredible with over 90% of partners voting for it,’ Verity said.

The network plan was voted through overwhelmingly by the global partnership and will bring significant benefits for clients operating cross-border, as well as for staff who will able to work in different network offices.