March 18, 2011

McKonly & Asbury Announces Expanded Global Resources for its Clients Through Membership in IGAF Polaris

HARRISBURG, PA - McKonly & Asbury, LLP is pleased to announce that the firm now has significant new global resources to offer its clients through its membership in IGAF Polaris, the powerful new global accounting association forming out of the merger of Polaris International, Fidunion, and IGAF Worldwide.

The independent member firms of the merged IGAF Polaris will have a combined annual revenue of over US$1.82 billion, with 2,400 partners, 16,300 employees, and 843 offices in 89 countries around the globe, making the combined group one of the largest associations of independent accounting firms in the world.  The substantial increase in size for the merged association will enhance McKonly & Asbury’s ability to provide expertise and resources to meet growing client needs, both internationally and domestically.

Managing Partner of McKonly & Asbury, Terry Harris, serves on the North American Board of Directors of IGAF Worldwide which represents approximately 50 of the premier US and Canadian accounting firms in the global organization. He said, “At McKonly & Asbury, we understand that a global economy demands that our firm participate in meeting the needs of our clients with global operations. As part of that commitment, we are proud to be a member firm of IGAF Polaris and are excited about the new possibilities that await, given this recent merger. With the depth of resources IGAF Polaris offers, we are able to assist our clients around the world.”

“We are pleased and proud to have McKonly & Asbury as our member firm in Pennsylvania,” said IGAF Polaris CEO Kevin Mead. “Many of IGAF Worldwide’s member firms and their clients have relied on McKonly & Asbury’s expertise and quality service over the years, and we eagerly anticipate the contributions they will make on a global scale to the new, much larger association. In turn, I know that McKonly & Asbury will benefit from the significant additional expertise and resources being extended to their clients from their peer member firms around the globe.”

IGAF Polaris will maintain a regional governance structure, with Boards of Directors providing oversight for each of four regions: Asia Pacific; Latin America & Caribbean; Europe, Middle East, & Africa; and North America.  A World Board of Directors comprised of members of the Regional Boards, plus a World Chairman, will provide global guidance and governance.  The World headquarters office for IGAF Polaris will be in Miami, Florida, USA, with regional offices to be located in Europe, the Americas, and Asia Pacific.

About McKonly & Asbury LLP

McKonly & Asbury LLP is a leading regional accounting and consulting firm with over 100 employees, 40 CPAs, and specialized professionals including CISA's, CIA's, and other certifications. The firm has offices in Camp Hill, PA; Lancaster, PA; and the Lehigh Valley area. McKonly & Asbury is ranked by the Central Penn Business Journal as the 5th largest accounting firm in Central Pennsylvania and named an All-Star by Inside Public Accounting in 2006, 2007, and 2008, ranking McKonly & Asbury as one of the ten fastest growing accounting firms in the nation for 2006, and as an industry leader in management metrics for 2007 and 2008.

For six years, McKonly & Asbury has been named a Best Place to Work in PA by The Best Companies Group. McKonly & Asbury has added to these accolades by being named a Best Accounting Firm to Work For by Accounting Today for two years.

McKonly & Asbury provides audit, tax, and consulting services to many of the region's largest and most well-known companies and organizations. The firm also has two affiliated companies: Anchor Financial Group provides investment advisory services for individuals and qualified retirement plans. Financial Outsourcing Solutions (FOS) is a provider of outsourced internal audit services to the banking industry. For more information, please visit McKonly & Asbury at www.macpas.com.

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For more information, please contact Melissa Roberson at 717.761.7910 or by email at mroberson@macpas.com.