A major international auditor came to Moldova

Forvis Mazars Group, one of the world's top ten audit firms, enters the Moldovan market through integration with the Moldovan Taxaco Group.
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A major international auditor came to Moldova

Forvis Mazars is an international integrated partnership specializing in audit, accounting and consulting with more than 40,000 professionals in over 100 countries and territories.

The organization emerged from the 2023 agreement between Mazars and FORVIS to create the Forvis Mazars network, which was launched in June 2024. The network includes Forvis Mazars Group SC, headquartered in Paris, which operates globally except in the US, and Forvis Mazars LLP (formerly FORVIS), which provides services in the US. That is, the two companies are still owned by their respective partnerships with separate profit pools, but are controlled by a global board of directors responsible for coordinating the network’s strategy.

The group operates as a single integrated partnership and publishes consolidated financial statements, which it says is unusual for private audit and consulting firms.

The combined revenue of the two businesses in 2024 was about $5 billion, placing Forvis Mazars among the top 10 largest global networks of audit firms alongside the Big Four (Deloitte, PwC, EY and KPMG), as well as BDO, Grant Thornton, RSM and Crowe.

The provider of audit, tax and accounting services will operate in Moldova under the Forvis Mazars brand. The office in our country will be headed by managing partner Iurie Cicibaba, supported by audit partner Vera Baciu and tax partner Vladimir Melnik.

“Our clients will have access to world-class audit, tax and advisory services from an organization that has a track record of prioritizing innovation, integrity and long-term partnerships. With the support of Dino Ebneter (Managing Partner of Forvis Mazars in Romania) and the Romanian team, our transition will be smooth, ensuring that Moldovan companies will continue to receive the highest level of expertise and support,” said Iurie Cicibaba.

According to the data for 2023, Taxaco SRL was among the ten largest audit companies in Moldova, with a turnover of 11.53 million lei and losses of 775.05 thousand lei.


As of April 2019, lawyers for US President Donald Trump continue to argue with the House Oversight and Reform Committee, which has requested some of the president’s financial records that may be in the possession of Mazars USA (now Forvis Mazars LLP).

In 2022, after the collapse of FTX, Binance hired Mazars to audit and report on its assets held in reserve. This was later halted after a $6 billion outflow of funds from Binance in December 2022, before Mazars decided to suspend all work with its cryptocurrency clients.


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