BDO USA once again took the top spot among major firms in our quarterly ranking of new Securities and Exchange Commission audit clients, this time with a whopping 36 net new clients -- the result, largely, of a number of major mergers the firm completed over the summer.

In late June, the Chicago-based firm, which ranks No. 8 on Accounting Today’s Top 100 Firms list, announced three major additions, bringing on board Alaska-based Mikunda, Cottrell & Co., Minneapolis-based Moquist Thorvilson Kaufmann LLC, and a number of members of the banking practice of Northeast Top 100 Firm ParenteBeard. The mergers, which were all effective July 1, were expected to bring the firm to around $800 million in revenue, and also gave it a huge bump in SEC clients. The group from ParenteBeard brought in over 20 new clients alone -- all, obviously, banks and other financial institutions.

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