REPORT OF THE CHAIRMAN

2013 Annual Worldwide Meeting

The Shelbourne HotelDublin, Ireland

October 19-22, 2013

WELCOME!

MY TEAM

WORLDWIDE BOARD

EFFECTIVE JULY 1, 2013

10 VOTING MEMBERS

2 NON VOTING MEMBERS

ASSISTED BY WW EXECUTIVE DIRECTOR

REGIONAL EXECUTIVE DIRECTORS IN ATTENDANCE

• Angelo Colombo, Chairman Milan, Italy

• Howard Rosen, Vice Chairman/Treasurer St. Louis, Missouri, USA

• Nilar Chan Hong Kong, China

• Lourens Oosthuizen Cape Town, South Africa

• Tim Partridge Bunbury, Australia

• Manuel Rangel, Jr. Mexico City, Mexico

• Jason Tonjes Omaha, Nebraska, USA

• Peter Walter Düsseldorf, Germany

• Danielle Winkle Chicago, Illinois, USA

• Shimon Yarel Tel Aviv, Israel

• Ray Nisivoccia (Non-Voting Member) Mt. Arlington, New Jersey, USA

• Bob Rothenberg (Non-Voting Member) London, United Kingdom

BOARD MEMBERS TASKS

Peter Walter Tax

Tim Partridge Standards

Shimon Yarel Marketing

Danielle Winkle Recruitment

Manuel Rangel Governance

Bob Rothenberg Accounting landscape

SPECIAL THANKS TO:

Peter Chong Kuala Lumpur

Don Timmins Ottawa

Stephen RogerSydney

WORLDWIDE EXECUTIVE DIRECTOR

• Maureen Schwartz

New York, USA

Team of 4 assistants

INTERNATIONAL COMMITTEE CHAIRS

• TAX

Lien Le Houston, Texas, USA

• STANDARDS

Jason Croston Brisbane, Australia

STATISTICS

2012 IAB WORLD SURVEY

MEMBERSHIP

• INDEPENDENCY• EXCLUSIVITY• FULL MEMBERSHIP

CURRENT MEMBERSHIP

152 FIRMS

IN 80 COUNTRIES

2008 2009 2010 2011 2012 2013125

130

135

140

145

150

155

MEMBERSHIP

MEMBERSHIP • Member in good standing/proactive• Professionally qualified (standards)• “Trustworthy”• Culture for International business

RECRUITMENT

• Guidelines about recruitment• New standards about applicant firms• Special requirements for candidate firms in

major cities (financial centers) of the world• Intensified recruitment in China and India,

with priority to China

NEW MEMBERS SINCE LAST MEETING

• Americas 0• Asia/Pacific 3• Europe, Middle East & Africa 3

• TOTAL 6

NEW MEMBERS• Abou Nasr and Associates (Erbil, Iraq)• ACE - AUDITANGOL CONSULTING ENTERPRISE,

LDA. (Luanda, Angola)• Advantage Advisors (Melbourne, Australia)• GESEM Consultores (Alicante, Spain)• Jinghua CPAs Company Limited (Beijing, China)• Shanghai JaHwa CPAs (Shanghai, China)

CURRENT MEMBERSHIP

• Americas 65• Asia/Pacific 24• Europe, Middle East & Africa 63

• TOTAL 152

2008 2009 2010 2011 2012 20130

10

20

30

40

50

60

70

AMERICAS

EMEA

ASIAPAC

EMEA54%

ASIAPAC6%

AMERICAS40%

2012 TURNOVER %

MEMBER SERVICES

MEMBER SERVICES• Increase Business Opportunities Among Members

(Ongoing)

‒ Technical and sub-regional conferences held throughout the year‒ Breakout groups during Worldwide and Regional Meetings‒ Continual improvements to website to identify expertise and

facilitate communication‒ International tax database and country matrix‒ Improved methodology to track referrals‒ “Doing Business” brochure series for 45 countries – be sure

YOURS is updated!

MEMBER SERVICES• Directory Application

MEMBER SERVICES• Member Marketing and Promotion

- Funding for Client Business Panels and Receptions at regional and worldwide meetings (as in New York/Chicago)

- Funding to regions to increase branding and name recognition

- Firm Profiles in each BKR Worldwide Bulletin

- Greater visibility at industry conferences

- BKR Scholarship Award Program

Tracy Warner from the University of Illinois at Chicago accepts BKR’s Scholarship Award from Angelo Colombo, Danielle Winkle (Chicago), and BKR

Executive Director Maureen Schwartz (New York).

NEW SYSTEM FOR REFERRAL COLLECTION

The Executive Office is now collecting

referrals on a quarterly basis.

Results reported are as follows (amounts

in dollars):

AMERICAS EMEA ASIAPAC0

20000

40000

60000

80000

100000

120000

140000

160000

180000

200000

I QUARTERII QUARTER2TOTAL

NEW WORLDWIDE EXECUTIVE OFFICE

View of New Freedom TowerBKR Reception

FINANCES

• WW and all regions closed their accounts for FYE 2013 with positive results.

• Board is reviewing the possibility of reducing dues for firms in developing countries (effective FY 2015).

FUTURE WORLDWIDE MEETINGS

• 2014 San Francisco, California: October 18-21

• 2015 Paris, France: October TBD

A WORLD OF THANKS TO:

The Worldwide Board

Regional and Committee Chairs

The Executive Office and Regional Staff

REMINDER

WWW.BKR.COM