BDO US has reported an 8% growth in revenue in
the year to 30 June 2012.
Its profits grew to $618m reflecting an
increase of revenues across all service lines.
Consulting services expanded most, 36%,
followed by tax at 10%.
Assurance grew 6% and amounted for 60% of all
revenues earned.
BDO chief executive Jack Weisbaum said that in
2012, BDO experienced healthy growth in the firm’s core assurance
and tax services.
“Driven by its industry focus, the tax
practice is increasingly being sought out for consulting projects
at large public and private entities in specialised areas such as
compensation and benefits, as well as state, local and
international tax matters,” he said.
He said the growth of advisory services
reflects the firm’s growing reputation for handling highly complex
matters, such as the recently completed evaluation of the Gulf
Coast Claims Facility.
