BDO Global 2024 Financial Results: Worldwide Revenues Top $15 Billion

CHICAGO, December 18, 2024 − BDO, one of the leading global networks of independent public accounting firms, announced robust growth across practices and regions to surpass US$15 billion (€13.9 billion) for the financial year ending September 30, 2024, an increase of 7% USD (5% EUR) over the prior year. All service lines performed well, delivering consistently across key areas of impact.

Highlights: 

• BDO’s largest region, the Americas, contributed 56% to global revenue, while the EMEA and Asia Pacific regions contributed 33% and 11% respectively.
• Global headcount expanded by 3.4%. BDO’s team of over 119,600 people operating from 166 countries and territories worldwide combine technical skill with local knowledge to deliver bespoke client solutions.
• Audit and Assurance remains BDO’s largest practice, accounting for nearly 41% of revenue. Tax contributed approximately 23%, Advisory 22% and Business Services and Outsourcing 15% of revenue.
• Enhanced regional collaboration and the delivery of integrated technology, quality standards, and service provision have netted notable achievements in key growth regions, such as East Africa.  
• BDO remains committed to a clear quality strategy focused on building the team and infrastructure necessary to consistently deliver across all services, making substantial investments to ensure that quality remains at the core of our culture and work. 
• BDO is investing in digital solutions and AI, blending responsible digital intelligence with data analytics to generate insights, facilitate intelligence-driven decision-making, achieve efficiencies and generate cost savings. This year, BDO expanded its strategic partnership with Microsoft. The collaboration will benefit Microsoft and BDO clients and continue the digital transformation of the global organization.

Amid a complex global economic and political landscape, our organisation remained committed to investing in our people and in technology, to continually adapt and respond to our clients’ evolving needs. Our global strategy focuses on balanced, sustainable growth that meets the needs of our clients while upholding the core purpose and values of our brand within a culture where our people can thrive.

- Pat Kramer, Global CEO of BDO

^{*Worldwide results were first reported by BDO Global. BDO’s global revenues incorporate revenue of firms’ Alliances, including BDO Alliance USA, one of the largest associations of independent accounting and professional service firms in the United States.}