Practical Accountant Magazine Lauds Plante & Moran Global Services for Innovation

Practical Accountant, a highly regarded industry trade journal, has named Plante & Moran as one of winners of the publication’s annual Practice Innovation Award, which highlights firms that are taking the lead in developing new or improved services and promoting efficiency in the practice of public accounting. This is the third time since 2002 that the firm has received the magazine’s Practice Innovation Award. The award winners are listed in the September 2006 issue of the magazine.

Plante & Moran was recognized in the “niche” category for its success in creating and growing Plante & Moran Global Services (PMGS). Led by Lou Longo II, PMGS began in 2001 and is an affiliate of Plante & Moran. It assists companies in developing and implementing global strategies in North and South America, Asia, and Europe. Practical Accountant notes that Plante & Moran Global Services succeeds in helping clients enter international markets because its staff speaks numerous languages, is available around the clock due to strategic geographic locations, and understands the culture of its overseas targets.

According to Plante & Moran Managing Partner Bill Hermann, the firm sees Plante & Moran Global Services as a critical support service for its manufacturing clients.

“When our clients are seeking global expansion, PMGS walks them through the complex list of considerations for doing business overseas. We’ve been successful in helping clients efficiently establish overseas

operations, but we’ve also been successful in dissuading others from doing so—at least until it made better

business sense,” continues Hermann. “Going global is a huge step for any company. PMGS ensures that every conceivable obstacle has been addressed and removed before a manufacturer implements an international plan.”

From supplier selection to transaction and structuring assistance to implementation, PMGS provides a turnkey solution at any phase of an organization’s global business evolution.