BDO’s Global Revenues Hit US$9 Billion as Advisory Business Grows

December 12, 2018

TORONTO, December 12, 2018 – BDO, one of the world’s leading independent public accounting and advisory services firms, has announced that it reached US$8.99 billion in global revenues for the year ended September 30, 2018. This is 10.7 percent higher than last year due to the strong growth in the firm’s advisory business, which now comprises the majority of services that BDO offers.
 
Now in 162 countries and territories, BDO saw consistent growth across all regions in 2018, with EMEA posting the highest growth at 17 percent; followed by the Americas, 7.8 percent; and the Asia Pacific, 6.6 percent. BDO’s staff also expanded by 8.4 percent this year to more than 80,000 professionals in its 1,591 offices worldwide.
 
“BDO Canada is proud to be a part of a strong global organization keen to continue innovating to help our clients face the challenges of an increasingly digital and global economy. We enable Canadian businesses make the right decisions at the right time to remain competitive on this global stage,” says Pat Kramer, CEO of BDO Canada.
 
To spur innovation across the organization, BDO made substantial investments in information technology not only in artificial intelligence, blockchain, and robotic process automation tools, but also in leading data analytics and technology advisory companies. For the second time in three years, BDO also won the International Accounting Bulletin (IAB) Network of the Year in early 2018.
 
About BDO
BDO Canada LLP is a leading provider of professional services to clients of all sizes in virtually all business sectors. Our team delivers a comprehensive range of assurance, accounting, tax, and advisory services, complemented by a deep industry knowledge gained from nearly 100 years of working within local communities. As part of the international BDO network, we’re able to provide seamless and consistent cross-border services to clients with global needs. Over 80,000 people work out of more than 1,590 offices in 162 countries, generating worldwide revenue of $9 billion.
 
BDO Canada LLP, a Canadian limited liability partnership, is a 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.