Our History

Our business started as a local firm of chartered accountants in the 1970s which became Coopers & Lybrand in the Isle of Man during the mid 1980s. In 1996 Abacus was formed so as to distinguish the fiduciary services business from the audit and accounting functions performed by Coopers & Lybrand.

Abacus did not participate in the Coopers & Lybrand and Price Waterhouse merger because of regulatory requirements to do with auditor independence. Abacus is now a truly independent firm and has grown to be one of the Isle of Man's leading businesses in its field, employing nearly 100 multi-disciplinary people and servicing a client base ranging from high net worth individuals to listed companies.

In November 2004 Abacus joined Nexia International, a worldwide network of independent accounting and consulting firms.

Statistics about Nexia International

  • Nexia is represented in 97 countries worldwide and has 620 offices.
  • Currently Nexia has 2,195 partners and 17,872 professional staff.
  • Nexia is ranked 8th amongst the major global accounting networks.
  • Nexia has a worldwide turnover of US$2.3 billion.