BDO Financial results 2015

10 December 2015

13% increase in revenues strengthens BDO’s position as the leading mid-tier global accounting and consulting network

  • Revenues up 12.95%
  • 19 strategic mergers 
  • Growth of US firm continues: a 29% rise in revenues takes BDO USA over US$ 1 billion
  • Focus on emerging markets reaps rewards

BDO is pleased to announce today a total combined fee income for the year ended 30 September 2015 of US$ 7.30bn. This represents a year on year growth of 13%, at constant exchange rates.

The IAB 2015 Network of the Year Award winner now has representation in 154 territories, the result of expanding the network’s global footprint to offer clients a full service offering in the countries that are key for them. The number of offices has risen over 6% to 1,408 and BDO’s global headcount numbers 64,303, an increase of 8.2%.

The network’s growth can be attributed to:

  • The consolidating accountancy profession
  • An effective expansion strategy in all regions, resulting in a large number of mergers, many significant, and tangible growth in the revenues of each region: EMEA +3%, Americas +22%, Asia Pacific +10%*
  • Sustained organic growth in the developed, as well as emerging economies
  • A number of new firms, together with the strengthening of firms in existing territories

*at constant exchange rates

These factors bring new people, talent and expertise to the BDO network. Taken together with an impressive partner to professional staff ratio of 1 to 9, they further enable us to deliver the exceptional client service for which we are known.