BDO Stoy Hayward managing partner Jeremy Newman has admitted the firm still
has problems cracking the FTSE350 audit market.
‘We don’t have the international reach of the Big Four, but we have the
international reach we need. Yet there is still a blockage,’ he told the FT.
BDO was due to release results today showing that it had overtaken fifth
placed firm Grant Thornton.
Annual results released by BDO announced a 27% rise in turnover to a record
£288m for the year to 30 June 2006, while Grant Thornton is expected to announce
turnover of £276m when it reports its own full-year results.
BDO’s growth rate beat the 21% it achieved two years ago, and means that for
the last three financial years it has grown by 70%.
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars
Investment in people, tech and businesses impacts on EY's profit per partner figure
RSM has appointed Kevin Edwards as a tax partner in its Nottingham office