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November 24, 2010

BDO expands global coverage

BDO has admitted member firms in Europe and Africa.

BDO Belarus, who was previously part of the KPMG network, has one office based in the capital Minsk, and 65 staff. The firm has forecasted annual revenue of €2.50m ($3.32m) in its 2009/2010 fiscal year.

BDO Belarus provides audit, assurance, tax and advisory services to about 100 clients.

BDO said the firm will work closely with BDO Eurasia, a group of firms in Cyprus, Georgia, Israel, Kazakhstan, Russia and the Ukraine.

BDO International chief executive Jeremy Newman said the Belarus admission was part of the network’s strategic growth plans in the region.

BDO has also admitted a member firm in Algeria. ORFICO, based in the capital Algiers, was founded in 1969 and offers accounting, outsourcing, auditing, treasury, tax and company secretarial services. It has 19 staff, including three partners, and reported annual revenue of €507,000 in the year to 31 December 2009.


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