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BDO statements
on Ukraine

Since the outset of this conflict, BDO has stated that we deplore the violation of international law and military aggression in all its forms. That continues to be our position and we hope that the loss of life and livelihood soon ceases and that all parties come together to establish an enduring peace.

Originally Published on LinkedIn

There are singular moments that resonate throughout history. This is one. The courage and fortitude demonstrated by the leaders and people of Ukraine is nothing short of inspiring. They have shown us what it means to conquer fear and live with commitment, demonstrating bravery over brazenness. Unity over isolation. Love in the face of aggression. 

I am humbled by their leadership, and on behalf of our U.S. firm, fully stand with the Ukrainian people. BDO deplores the violation of international law and military aggression in all its forms, and we wish for peace to be restored. 

BDO’s global and firm level leadership teams have been working around the clock to support our people operating out of BDO Ukraine LLC and the BDO Centers, based in Kyiv. As our global organization has also communicated, this includes coordinating an evacuation process and addressing the ongoing practical needs for our people and their families, including transportation, relocation and accommodation, and immediate financial assistance. 

The outpouring of support I have witnessed has been remarkable, and I have been truly moved by the way our BDO people are rallying together to support our colleagues through this difficult period. We continue to keep our Ukrainian colleagues and their families in our thoughts as they endure this unprecedented and unthinkable provocation and tragedy.

Originally Posted by BDO Global

The humanitarian crisis in Ukraine continues to dominate our thoughts and actions.

Our priority continues to be the safety of our colleagues and their families in Ukraine. Our focus is providing financial assistance, transportation, accommodation, safe passage, where possible, and ongoing employment for when they’re ready. BDO firms across the world have come together to support our colleagues and find solutions to help mitigate the immediate humanitarian crisis that is engulfing the region.

Our focus on carefully coordinated support for our people needs to be backed up by carefully considered policy:

1) No BDO firm will work with any sanctioned Russian and Belarussian entities including the Russian and Belarussian Government, Russian and Belarussian state-owned enterprises and sanctioned individuals as a consequence of the ongoing situation in Ukraine.

2) BDO does not have a network firm in Russia. The former Russian member firm operates entirely independently under the name of Unicon.

3) BDO is removing BDO Belarus from its global network. We will work to support our clients in fulfilling our legal obligations and commitments.

These changes are effective immediately. Implementation may take longer as we need to ensure an orderly transition. We will discharge our professional responsibilities and obligations to all relevant parties.

Since the outset, we have stated that we deplore the violation of international law and military aggression in all its forms. That continues to be our position and we hope that the loss of life and livelihood soon ceases and that all parties come together to establish an enduring peace.

BDO



 

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