{{Short description|Multinational professional services network}} {{Infobox company | name = Crowe Global | logo = Crowe_Logo.png | type = Swiss Verein | founder = {{ubl|Fred P. Crowe Sr.|Ernest Horwath|Edmund Horwath}} | hq_location_city = New York | hq_location_country = United States <ref>{{Cite web | title=About Us {{!}} Crowe BH | url=https://www.crowe.com/bh/about-us | access-date=2026-05-21 | website=www.crowe.com}}</ref> | area_served = Worldwide | key_people = {{ubl|Kamel Abouchacra (CEO)|Jim Powers (chairman of global board)}} | industry = Professional services | services = {{Unbulleted list|Audit|Tax|Management consulting|Financial advisory|Risk advisory}} | revenue = {{increase}} US$5.8 billion (2024)<ref name="2024Rev">{{cite web |last1=Bramwell |first1=Jason |title=Crowe Global Pulled in Revenue of $6.5 billion in 2025 |url=https://www.cpapracticeadvisor.com/2025/03/10/crowe-pulled-in-global-revenue-of-5-8-billion-in-2024/157086/ |website=CPA Practice Advisor |date=10 March 2025 |access-date=9 July 2025}}</ref> | num_employees = 40,309 <small>(2022)</small> | homepage = {{URL|http://www.crowe.com/}} | foundation = {{start date|1915}} <small>(Horwath & Horwath)</small><br /> {{start date|1960}} <small>(Horwath & Horwath International)</small><br /> {{start date|1991}} <small>(merger of Crowe LLP, firm changed name to Crowe Horwath in 2009)</small><br />{{start date|2018}} <small>(Crowe)</small> }}
'''Crowe''' is a multinational professional services network, headquartered in New York, United States.<ref>{{Cite web |title=About Us {{!}} Crowe BH |url=https://www.crowe.com/bh/about-us |access-date=2025-03-19 |website=Crowe |language=en-GB}}</ref> It is the 8th largest global accounting network in the world by revenue.<ref>{{Cite web |last= |title=Top 10 Accounting Firms In The World (2025) (Largest Firms) |url=https://big4accountingfirms.com/top-10-accounting-firms/ |access-date=2025-07-14 |website=The Big 4 Accounting Firms |language=en-US}}</ref> The Crowe network is composed of member firms of '''Crowe Global''' (previously Crowe Horwath International<ref>{{cite web |date=5 June 2018 |title=Crowe Horwath International announces name change |url=https://www.crowe.com/global/news/crowe-horwath-international-announces-name-change |access-date=5 June 2018 |publisher=Crowe Global}}</ref>) a Swiss Verein registered in Zurich, Switzerland.<ref>{{Cite web |title=CROWE GLOBAL in 8008 Zürich » company.ch |url=https://www.company.ch/firma/crowe-global-307613 |access-date=2025-03-19 |website=company.ch |language=de}}</ref> The network consists of more than 220 firms with over 40,000 employees in 150 countries and more than 750 offices.<ref>{{cite journal| journal=International Accounting Bulletin| title=World Survey| date=February 2016| issue=557}}</ref><ref>{{Cite web |title=Our offices {{!}} Crowe LLP |url=https://www.crowe.com/about-us/our-offices |archive-url=https://web.archive.org/web/20250426232042/https://www.crowe.com/about-us/our-offices |archive-date=2025-04-26 |access-date=2025-07-14 |website=Crowe |language=en-US}}</ref>
Crowe provides audit, tax, consulting, enterprise risk and financial advisory services. In FY 2024, the network earned a record US$5.8 billion in aggregate revenues.<ref name="2024Rev"></ref>
== History == [[File:Circular Quay and CBD (6599791409).jpg|thumb|left|150px|Crowe offices in Sydney, Australia at 1 O'Connell Street (right)]] [[File:8ShentonWay-Singapore-20060808.jpg|thumb|left|150px|Crowe's Singapore offices at 8 Shenton Way, Singapore.]] [[File:555-575_Market_Street.jpg|thumb|right|150px|Crowe offices at Market Center in San Francisco, United States]] [[File:Scanlan Building (405 Main).JPG|thumb|right|150px|Crowe offices at the Scanlan Building in Houston, Texas, United States]] In 1915, Hungarian immigrants Ernest and Edmund Horwath founded Horwath & Horwath in New York.<ref>{{cite web| url=http://www.bizjournals.com/philadelphia/stories/2002/08/05/focus9.html| title=1990: The other big accounting firm meltdown| date=August 5, 2002| author=Gregory Richards| publisher=Philadelphia Business Journal| access-date=January 1, 2017}}</ref><ref>{{cite web| url=http://www.greensboro.com/ptl-s-accounting-firm-to-file-for-bankruptcy/article_d41202c2-e77a-51f4-b587-9123c15912bc.html| title=PTL's Accounting Firm To File For Bankruptcy| date=November 19, 1990| publisher=News & Record Greensboro| access-date=January 1, 2017}}</ref> The original practice focused on the hospitality industry.<ref>{{cite journal| journal=The Alarm Clock| date=December 1, 1925| url=https://books.google.com/books?id=hnwtAQAAMAAJ| title=A Proposal to the Hotel Industry}}</ref> The practice later expanded to include accounting, audit and tax offerings.<ref>{{cite web| url=http://www.crowehorwath.ie/about-us/crowe-horwath-international-history/| title=Crowe Horwath International History| publisher=Crowe Horwath| access-date=January 1, 2017| archive-url=https://web.archive.org/web/20170101162316/http://www.crowehorwath.ie/about-us/crowe-horwath-international-history/| archive-date=January 1, 2017| url-status=dead}}</ref> In 1967, it merged with Laventhol Krekstein Griffith & Co. to become Laventhol & Horwath. [[File:Crowe Philippines office in Burgundy Corporate Tower.jpg|alt=Crowe Philippines office at 252 Sen. Gil Puyat Ave., Makati City, Philippines|thumb|'''Crowe Philippines' office at 252 Sen. Gil Puyat Ave., Makati City, Philippines''']] Crowe Chizek was established in 1942 in South Bend, Indiana, by Fred P. Crowe Sr. and Cletus F. Chizek. Previously, Crowe had worked in public accounting for many years and also served as the St. Joseph County auditor for eight years. Chizek was head of the accounting department at the University of Notre Dame and also worked part-time in public accounting. Following the death of Fred P. Crowe Sr. in 1952, Cletus F. Chizek reorganized the firm as Crowe, Chizek and Company and two firm personnel, M. Mendel Piser and Fred P. Crowe Jr., became partners. The first legal partnership of Crowe Chizek and Company was formulated in 1962 with six founding partners: Cletus F. Chizek, M. Mendel Piser, Fred P. Crowe Jr., Robert W. Green, Joseph A. Bauters and John J. Pairitz.<ref>{{cite web |url=http://www.accountingtoday.com/news/2722-1.html |title=AccountingToday |publisher=AccountingToday |access-date=2015-06-03 |archive-url=https://web.archive.org/web/20160304043803/http://www.accountingtoday.com/news/2722-1.html |archive-date=2016-03-04 |url-status=dead }}</ref>
By 1960, the umbrella organization Horwath & Horwath International Associates (HHIA) was established.<ref>{{cite web| url= http://www.aseanaproperties.com/pdf/company_docs/ASPL_prospectus.pdf| title=Financial Adviser and Placing Agent| publisher=Aseana Properties Limited| access-date=January 1, 2017}}</ref>
In 1989, Laventhol & Horwath filed for bankruptcy.<ref>https://njbiz.com/former-laventhol-horwath-partners-find-there-is-life-after-chapter-11/</ref> In 1989, the organization shortened its name to Horwath International <ref>{{cite web| url=https://trademarksoncall.com/trademark/horwath-international/73831920| title=Horwath International| publisher=Trademarks on Call| access-date=January 1, 2017}}</ref> and in 1991 Crowe Chizek became a member of the network.{{Citation needed|date=August 2020}}
Horwath International rebranded in April 2009, as Crowe Horwath International and in June 2018, Crowe Horwath sees a further evolution of their brand with a move to the network name 'Crowe' across their independent member firms globally.<ref name="at">{{cite journal |date=April 15, 2009 |title=Horwath International Takes on the Crowe name |journal=Public Accounting Report}}</ref><ref>{{cite journal| journal=Public Accounting Report| date=September 15, 2008| title=Crowe Adds Horwath to Name}}</ref><ref>{{cite journal| title=Crowe Chizek gets new name| journal=Accounting Today| date=October 6, 2008}}</ref>
== Organization == In 2023, Kamel Abouchacra was named the CEO of Crowe Global.<ref>{{cite web| url=https://www.crowe.com/global/news/kamel-abouchacra-named-ceo-elect-of-crowe-global| title=New Chief Named at Crowe Global|publisher = Crowe Global|date=July 7, 2023}}</ref>
In 2025, New York attorney Cynthia Butera, was appointed as Crowe Global's in-house legal counsel.<ref>{{Cite web |last=Jameson |first=Sathya |date=2025-07-08 |title=Crowe Global names Cynthia Butera as new in-house legal counsel |url=https://www.internationalaccountingbulletin.com/news/crowe-global-in-house-legal-counsel/ |access-date=2025-07-14 |website=International Accounting Bulletin |language=en-US}}</ref>
== See also == {{Portal|New York City|Companies}} * Accounting networks and associations * Big Four accounting firms * Professional services * Financial audit * Tax advisor
== References == {{Reflist|33em}}
== Further reading ==
* {{cite book |title=Caring Sharing Investing Growing - The Story of Horwath International |last=Seglias |first=Fernando |year=2006 |publisher=Horwath International}} * {{cite book |title=The History of Horwath & Horwath International, 1956-1983 |last=Ferst |first=Stanley D. |author2=Seif, Juan A. |year=1984 |publisher=Horwath & Horwath International}}
{{Consulting}} {{Authority control}}
Category:1915 establishments in New York City Category:1915 establishments in the United States Category:Accounting firms of the United States Category:Companies based in New York City Category:Consulting firms established in 1915 Category:International management consulting firms Category:Management consulting firms of the United Kingdom Category:Management consulting firms of the United States