Breaking Tradition: BDO’s Employee Stock Ownership Plan

The traditional path to partnership may no longer appeal to younger professionals, prompting the accounting industry to seek alternative business models. As outlined in this article from INSIDE Public Accounting, BDO chose a groundbreaking path, setting industry precedent with its innovative transition to an Employee Stock Ownership Plan. Designed to support a resilient, sustainable future, this strategic move will help drive growth, boost recruiting and retention efforts and support investment opportunities in the firm.