BDO global network revenues hit $9bn

BDO saw a global combined fee income from its international network of independent member firms of $8.99bn (£7.13bn) for the year ended 30 September 2018, representing a year on year growth of 10.7% in US dollars and 8.3% at constant exchange rates

Now represented in 162 countries and territories, BDO reported consistent growth across all regions in 2018, with the strongest revenue increase in EMEA (up 17%), followed by the Americas (7.8%) and Asia Pacific (6.6%). 

Headcount increased by 8.4% to 80,087 people, working out of 1,591 offices worldwide.

Global CEO Keith Farlinger said: ‘BDO’s achievements, not only in 2018 but throughout our 55-year story, point to great potential for our organisation in the future.

‘But we do not rest on our laurels: the world is transforming very quickly, and we will need to keep attracting the best people to our organisation to continue to serve our clients not just well, but exceptionally.

‘We are a people organisation and I see BDO delivering innovation and value every day and helping our people, our clients and communities succeed. That’s my dream for BDO.’

Report by Pat Sweet

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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