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July 31, 2013

BDO US revenues up 10%

BDO US revenues were up 10.5% to $683m in the year to 30 June 2013.

BDO US reported double digit growth in assurance (11%) and tax (16%), however consulting revenues slumped 8%.

Consulting services amount for 8% of the firm’ overall revenues, assurance for 60%, tax for 30% and 2% for other services.

"Consulting revenues were down due to softer M&A and restructuring markets, in addition to the completion of several large consulting engagements that contributed to major revenue growth in 2012," BDO US chief executive Wayne Berson said."Moving forward, the practice is positioned for strong growth in the coming year."

BDO US grew 8% in 2012 and globally BDO International grew 6% in the year to 30 September 2012.

Related linkBDO US

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