BDO LLP
 |
|
| Global network of independent member firms | |
| Industry |
Accounting Professional Services Tax Consulting |
| Founded | 1963 (in 1973 European members took on current name) |
| Headquarters | Zaventem, Belgium (International Executive Office) |
|
Key people
|
Martin van Roekel, CEO |
| Products | Professional Services |
| Revenue |
 $7.6 billion USD (2016) [1]
|
|
Number of employees
|
67,731 (2016) |
| Website | www.bdo.global |
BDO is an international network of public accounting, tax and advisory firms which perform professional services under the name of BDO. As of 2016[update], BDO has member firms in 154 countries, employs around 68,000 partners and staff in over 1,400 offices throughout the world, and is the fifth largest professional services network globally.
Global Fee income of all BDO Member Firms for the year ended 30 September 2016 totalled US$7.6 billion. In October 2015, BDO was announced as the winner of the Network of the Year award at the International Accounting Bulletin (IAB) Awards 2015.
Each BDO member firm is an independent legal entity in its own country. The network, originally formed in 1963 as Binder Seidman International by firms from Canada, Germany, the Netherlands, UK and US, is coordinated by BDO Global Coordination B.V., with an office in Zaventem, Belgium. The name BDO, first devised in 1973, is an abbreviation for Binder Dijker Otte & Co.
In early 2012, it was reported that BDO has been expanding in China rapidly. It has 7,500-8,000 staff in mainland China and Hong Kong, making it the second largest headcount after the U.S.A., where it employs 11,500. According to its global chairman, the Chinese headcount is likely to overtake in three to four years.
All BDO member firms changed their names to BDO in 2009. The rebrand across 110 countries took just over five months. The intention was to create global consistency, so that the BDO network could be presented as a single entity.
BDO Canada is one of Canada’s largest accounting services firms. Founded by James M. Dunwoody (affectionately known as "The Colonel" by BDO's employees) it opened its first location in the 1920s in Winnipeg, Manitoba. By the 1990s, Dunwoody and BDO Ward Mallette, a firm based out of Toronto, had merged. The union also consolidated the firm’s affiliation with BDO International, a global network of national accounting firms.
In 2007, BDO had 95 offices across Canada, with 1,200 professionals and over 300 partners. BDO’s services run from assurance, accounting and taxation services to financial advisory and corporate recovery. The company has merged a number of times, including a merger announced in October 2009 with the accounting firm of Hudson LLP.
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