BDO Network Announces Global Revenues Increase to $9 Billion
Jerry Walsh
WalshPR
(631) 419-9008
[email protected]
Chicago/Brussels – BDO, one of the world’s leading global networks of independent public accounting firms, has announced that worldwide revenue for all BDO Member Firms (including the exclusive members of Member Firms’ Alliances) for the year ended September 30, 2018, amounted to $8.99 billion. This represents year-over-year growth of 10.7%. BDO now has more than 80,000 total staff operating from 1,591 offices in 162 countries around the globe.
“2018 has been a year of growth and investment for the BDO network. Both public and private businesses are increasingly attracted to the critical thinking and excellent client service provided by our partners and professionals, as we advise them on the challenges of today and those on the horizon,” said Wayne Berson, CEO of BDO USA and Chairman of the Global Board of BDO International Ltd. “Moving forward, we will continue to invest in our people and in new technologies to ensure we continue to meet and exceed the expectations of our valued clients.”
Earlier this year, BDO was named the International Accounting Bulletin (IAB) Network of the Year for the second time in four years. BDO saw consistent growth across all regions in 2018, with the strongest revenue increase in EMEA (+17%), followed by the Americas (+7.8%) and Asia Pacific (+6.6%). The network has made substantial investments in information technology, not only in future-focused software and tools (artificial intelligence, blockchain, robotic process automation) but also in adding leading data analytics and technology advisory companies. BDO is also maximising alliances with industry-leading organisations, such as its global collaboration with Microsoft, to benefit the network and its clients.
About BDO USA
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and over 650 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of more than 80,000 people working out of 1,591 offices across 162 countries.
BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.
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