Russell Bedford announces appointment of correspondent firm in Algeria

Online, February 2, 2010 (Newswire.com) - Russell Bedford International has selected Deramchi & Azzouz as its Algerian correspondent firm, helping to complete the accounting network's coverage in North Africa.

The firm was originally established as a tax consulting practice in 1996 by Abdallah Deramchi following his 32 years as a tax director in the Algerian Public Administration.

The practice expanded into a public accounting and audit firm soon after Abdallah Deramchi was joined by his son Riad Mohamed Deramchi, a chartered accountant and registered auditor, in 1999. In 2009, the Algiers-based practice was further strengthened by the integration of the office of Salim Azzouz, giving it a presence in Oran, Algeria's second largest city. Salim Azzouz is also a chartered accountant and registered auditor.

Deramchi & Azzouz, which has a total of more than 40 personnel, is now one of the top-10 accounting practices in the country. The firm has a broad range of expertise and experience covering the fields of finance, accountancy, taxation, labour law and expatriate legislation. Services are provided to a client base comprising private and public corporations, a large proportion of which are multinationals, including many well know brand names.

Members of the professional team are generally trilingual in Arabic, French and English.

The firm is certified by the Directorate General for Taxes for the provision of tax advisory services, by the National Institute of Public Accountants and Auditors (ONECC) for accountancy and statutory auditing services, and also by the Directorate General for Customs for advisory services concerning international trade.

For further information, contact Riad Mohamed Deramchi on +213 2163 3739 or by e-mail: contact@cabinet-deramchi.com. Alternatively, visit the websites at www.cabinet-deramchi.com and www.russellbedford.com .

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Note to Editors

Established in 1983, Russell Bedford International is a global network of independent firms of accountants, business consultants and specialist legal advisers.

Ranked as one of the world's top 15 accounting and audit networks, Russell Bedford is represented by some 460 partners, 5000 staff and 200 offices in more than 70 countries in Europe, the Americas, the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international business advice and services to local and multinational clients. Most provide a full range of services comprising accounting, auditing, tax advice, general business guidance and financial consulting. In addition, many have special expertise in particular fields, such as international taxation or information technology.

In January 2008 Russell Bedford International was named one of the first 17 full members of the IFAC Forum of Firms after reporting it had implemented a globally coordinated quality assurance programme, committed to the use of International Standards on Auditing (ISAs), and met other specific ethics requirements.