Chicago, March 24, 2011 – Legacy Professionals 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 new global accounting association forming out of the merger of Polaris International, Fidunion International, and IGAF Worldwide.

 

The independent member firms of the merged IGAF Polaris will have combined annual revenue of over US$1.82 billion, 2,400 partners, 16,300 employees, 384 member firms with 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 Legacy’s ability to provide expertise and resources to meet growing client needs, both internationally and domestically.

 

“We are pleased and proud to have Legacy as our member firm in Chicago,” said IGAF Polaris CEO Kevin Mead. “Many of Polaris International’s member firms and their clients have relied on Legacy’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 Legacy 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.

 

Legacy Managing Partner, Robert Tiberi will continue to serve on the new North American Region Board of Directors. Of the experience Tiberi says, “Polaris has been a great association for our Firm and we look forward to getting involved in IGAF Polaris as it evolves.”

 

The Firm of Legacy Professionals LLP is a Chicago-based certified public accounting firm with offices also in Minneapolis and Northwest Indiana. Legacy’s 20 partners and 135 professionals provide audit, accounting, and tax services to labor organizations, employee benefit plans, nonprofits, governmental entities, medium-sized corporations, partnerships, and sole proprietorships.

 

The organization’s official merger release can be found online at: http://www.igafworldwide.org/news/igaf/2011/IGAFPolaris_Merger.pdf.