Seven of the country's top-ranked accounting firms with combined fees of $300 million are joining forces to form a new association geared to firms with annual fees of more than $15 million.

The group, which has tentatively chosen the name "The Global Alliance," will focus on recruiting members that can target larger private and smaller public companies on a national basis, and that can provide related 404/SOX work; and on sharing best practices and expertise at the managing partner level and at the practice level.

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