BDO Global Fees Rise 4% as Firm Charts Independence Strategy

Global accounting network BDO reported 4% annual revenue growth as the firm pledged to advance consolidations among its affiliates.

Revenue hit $11 billion for the most recent fiscal year that ended Sept. 30, driven by growth across service lines, including BDO’s tax and advisory businesses, the firm said Wednesday.

BDO’s performance was “solid,” global CEO Pat Kramer said in a statement. “With a commitment to maintain independence, we will continue to deliver secure, long-term value for our clients through a sustainable and future-ready organization,” he said.

The network stated that it expects “accelerated consolidation” ...