BDO USA, LLP Announces 26 Percent Revenue Growth for Fiscal 2015

Business Wire

Firm has Increased Revenues by 70 Percent Over Past Three Years

CHICAGO--(BUSINESS WIRE)-- BDO USA, LLP, one of the nation's leading accounting and consulting firms, today announced revenue for the fiscal year ended June 30, 2015 was $1.05 billion, a 26 percent increase from last year’s revenue of $833 million. The firm's growth was achieved through contributions from all business lines, as the firm's assurance (+17.5%), tax (+29.9%) and consulting/advisory (+51.4%) practices each achieved strong increases in revenue.

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Wayne Berson, BDO USA CEO (Photo: Business Wire)

The firm’s assurance business line represents 52 percent of BDO USA’s business. BDO’s tax and consulting/advisory lines represent 32 percent and 16 percent of revenues respectively.

"I want to congratulate our partners and our valued staff on helping the firm achieve revenue growth in excess of 20 percent for the second consecutive year. Once again, the increase has been fueled in equal measures by organic growth (+13.1%) and our ongoing expansion strategy (+12.9%)," said Wayne Berson, CEO OF BDO USA. "Equally important, our success is being driven across business lines, with each practice achieving impressive double-digit growth. Moving forward, we anticipate building on our success as both public and private entities are attracted to our service offerings and our industry focused approach."

About BDO USA

BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through 63 offices and more than 400 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of more than 1,300 offices in over 150 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.