TPA Horwath:

• Since its foundation in Langenlois, Lower Austria in 1979, the company has grown rapidly.
• After it was founded, the company has grown quickly and as a result today it covers 10 countries: Austria, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia and Slovenia.
• TPA Horwath has been a member of Crowe Horwath International since 1985.

Crowe Horwath International:

• The brothers Ernest and Edmund Horwath came to the USA from Budapest in 1907. After their arrival, they started working within accounting for hotels and restaurants.
• On 31 July, 1915 they founded the firm Horwath & Horwath in New York and hired their first employee.
• Between 1918 and 1930 they opened offices in eight other American cities and took on four additional partners.
• During the 1930s Ernest Horwath and Louis Toth published “Uniform Accounting System for Hotels”. Their next book “Hotel Accounting” becomes a textbook at Cornell University. Louis Toth successfully publishes charts for VAT calculation, which are later used by the Internal Revenue Service.
• In 1947 they opened an office in Miami as a basis for expansion into Latin America.
• In the 1950s the firm won a consulting tenderfor American Express and took part in the development of their credit card.
• By 1965 the firm had 18 offices in the USA and 34 offices in 25 countries.
• In the 1960s the firm expanded geographically and specialises itself by means of mergers. Following a merger with LKG & Co, Laventhol & Horwath is the 7th largest accounting firm in the USA.
• 1990 was a difficult year as the firm overcame a crisis – extensive restructuring in the USA leading to change of name to Horwath International.
• In 1991 Horwath International takes over an additional five American consulting & accounting firms.
• In 1994 Horwath International was joined by Clark Whitehill, the 12th biggest accountancy company in the UK. Horwath & Company becomes the first international auditing firm in China.
• In 2009 Horwath International changed its name to Crowe Horwath International. This was done to emphasize its strong position in the USA, where it is among the ten largest audit firms.