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November 24, 2010

BDO expands global coverage

BDO has admitted member firms in Europe and

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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