Mazars dumped the Trump Organization after years of legal wrangling over its tax returns and is now parting ways with the beleaguered crypto industry.
The French accounting firm Mazars Group has turned up in the news quite a bit lately, but it hasn’t been due to their reputation as venerable number crunchers. Instead, Mazars has increasingly been known for its controversial clients.
Mazars’ U.S. arm made headlines earlier this year when it dropped former President Donald Trump and his companies as clients after years of legal battles over his tax returns. Mazers said it could no longer vouch for the reliability of the numbers those tax returns and financial documents contained. While it still falls some ways behind the “Big Four” accounting firms — Ernst & Young, PricewaterhouseCoopers, KPMG and Deloitte — it counts some major companies as clients. Over the years, it has provided accounting services to finance giants like Axa AXA , BNP Paribas BNP and Goldman Sachs GS , carmaker Peugeot, and advertising firm Publicis PUB .
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