BDO International boasts 20% turnover gain
The BDO International network has recorded 20% gain of total combined fee income for the year
Global Co-ordination BV recorded a 20% gain for the year ended 30 September
in total combined fee income for all BDO member firms world wide, including the
exclusive members of member firms’ alliances, to $US4.7bn (?2.3bn).
Expressed in euro, the 2007 world wide combined fee income is €3.3bn,
representing a growth in euro of 7%, as a result of the weakening US dollar
compared to the euro in the reporting period.
Despite a drop in French revenues, the results by region show strong trends –
up 6% in Europe, fuelled by 40% growth in central and eastern Europe, while the
Asia Pacific and Latin American regions both grew in excess of 20%.
Frans Samyn, BDO International chief executive officer, said the firm’s
accomplishments reflected the increasing number of big companies looking outside
the Big Four dominant accountancy networks.
BDO launches member firm in France