BDO USA, LLP Announces Impressive Revenue Growth for Fiscal 2014
Chicago, IL – BDO USA, LLP, one of the nation's leading professional service organizations, today announced revenue for the fiscal year ended June 30, 2014 was $833 million, a 22 percent increase from last year’s revenue of $683 million. The firm's growth was achieved through contributions from all business lines, as the firm's assurance (+21.3%), tax (+22.7%) and consulting (+23.3%) practices each achieved strong increases in revenue.
The firm’s assurance business line represents 58 percent of BDO USA’s business. BDO’s tax and consulting lines represent 32 percent and 10 percent of revenues respectively.
"BDO's growth in fiscal 2014 was fueled in equal measures by organic growth (+11%), driven by an increased demand for services across all of our business lines, and our expansion strategy (+11%), which has garnered a good deal of attention over the past two years," said Wayne Berson, CEO OF BDO USA. "Moving forward, we believe BDO USA is favorably positioned for continued growth as both public and private entities continue to be attracted to our industry focused approach."
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 52 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 1,264 offices in 144 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.