CHICAGO & BRUSSELS--(EON: Enhanced Online News)--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, 2016, amounted to $7.6 billion. This represents year on year growth of 8%, at constant exchange rates. BDO now has more than 67,000 total staff operating from 1,401 offices in 158 countries around the globe.
BDO's growth has been driven by the network’s successful expansion strategy and sustained organic growth across all regions. For the third consecutive year, BDO USA led all member firms in revenue growth (23% - FYE 6.30.16) as the firm completed expansions through the additions of CEA in San Diego, Feeley & Driscoll in Boston, Mantyla McReynolds in Salt Lake City, Charles A, Barragato in New York and Goldstein Schechter Koch in South Florida.
“2016 has been a year of expansion for the BDO network. As we continue to grow the network, we have a long-term investment strategy in global infrastructure, technology and talent that ensures we can provide exceptional client service and enables us to continue at the forefront of the ongoing consolidation taking place in the profession," said Wayne Berson, CEO of BDO USA and Chairman of the Global Board of BDO International Ltd.
About BDO USA
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting 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 more than 400 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 1,400 offices in over 150 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.