Mazars Due Diligence

Run due diligence on Mazars: check compliance and get alerts when suppliers change.

France · www.mazars.com · 10 vendors

Mazars is a global professional services network specializing in audit, accounting, tax, and advisory services. Founded in France in 1945, it now operates as Forvis Mazars Group SC, part of the Forvis Mazars global network, serving clients across over 100 countries and territories. The firm provides a comprehensive range of services to organizations of all sizes, from SMEs to multinational corporations.

Resilience scores

Technology vendors

Services catalogue

2 services in catalogue across 2 categories; runs on 10 sub-vendors.

Insights

Last updated 2026-09-26 · revision 1

10 direct vendors, 145 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

11 in-scope frameworks identified; showing 3.

PCAOB — No public evidence

Evidence: https://www.forvismazars.com/group/en/who-we-are/quality-management-compliance, https://www.forvismazars.com/group/en/who-we-are/news-publications/transparency-reports, https://pcaobus.org

GDPR (source) — Evidence found

Evidence: https://www.forvismazars.com/group/en/legals/data-and-privacy, https://www.forvismazars.com/group/en/legals/data-and-privacy/data-privacy-statement, https://www.forvismazars.com/group/en/legals/cookies-policy, https://www.forvismazars.com/group/en/legals/whistleblowing-and-complaint-forms, https://www.forvismazars.com/group/en

French Data Protection Law — Evidence found

Evidence: https://www.forvismazars.com/group/en/legals/data-and-privacy, https://www.forvismazars.com/group/en/legals/cookies-policy, https://www.forvismazars.com/group/en/legals/data-and-privacy/data-privacy-statement

Financials

Three-year financials

Financial Resilience Score: 7/10

Mazars/Forvis Mazars Group demonstrates strong financial resilience through consistent double-digit revenue growth over four consecutive years through 2023/24 (13% in 2022/23, 11.4% like-for-like in 2023/24), moderating to a still-solid 8.3% in 2024/25. The group has roughly doubled its fee income over the last decade, achieving a compound annual growth rate of approximately 6-8%, accelerating to double digits in recent years. Its diversified service mix across audit, tax, advisory, consulting, sustainability, and legal services reduces dependence on any single revenue stream, while its broad geographic footprint across 100+ countries with ~40,000 professionals spreads local-market risk. The integrated partnership model is a differentiating strength—unlike most accounting networks that operate as federations of separate national firms, Mazars/Forvis Mazars Group SC consolidates internationally under IFRS, providing balance-sheet transparency and coherent investment capacity. The June 2024 combination with FORVIS materially strengthens U.S. market access and creates a top-10 global professional-services network in scale terms. However, resilience is constrained by the private partnership structure, which limits access to external capital for growth investment. The talent-intensive model (>70% of costs are people costs) exposes the group to wage inflation and the ongoing war for talent. Audit regulatory and litigation risk is elevated given its role as joint auditor of many large European banks and listed companies. Concentration on Europe (likely 75%+ post-US carve-out) exposes the group to European macroeconomic conditions, and the ongoing brand transition from Mazars to Forvis Mazars represents a multi-year brand-equity project.

Key strengths: Consistent double-digit revenue growth for four consecutive years through 2023/24, Diversified service mix across audit, tax, advisory, consulting, sustainability, and legal, Broad geographic footprint in 100+ countries with ~40,000 professionals, Integrated partnership model with IFRS consolidated accounts (rare for the industry), FORVIS combination (June 2024) creates top-10 global professional-services network, Roughly doubled fee income over the last decade

Risk factors: Private partnership structure limits access to external growth capital, Talent-intensive model with >70% people costs exposed to wage inflation, Elevated audit regulatory and litigation exposure (joint auditor of large European banks), Heavy revenue concentration in Europe (likely 75%+ post-US carve-out), Perimeter changes (excluding US and China member firms) reduce comparability, Multi-year brand transition from Mazars to Forvis Mazars

Revenue by geography

Revenue by product/service

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