BDO USA said Wednesday its revenue for the fiscal year ending June 30, 2017, climbed to $1.41 billion, a 9.6 percent increase from $1.29 billion in fiscal year 2016.
BDO reported growth across all its business lines, including 12.8 percent in tax, 9.1 percent in assurance and 5 percent in it advisory practice. The firm’s assurance line now makes up 49 percent of total revenues, followed by tax at 34 percent and advisory at 17 percent.
“In fiscal 2017, BDO USA continued to experience strong demand for services in all business lines as large public and private entities continue to be attracted to our industry focused approach,” said BDO USA CEO Wayne Berson in a statement. “Moving forward, all of our practices are positioned for strong growth in the coming year.”
Over the past fiscal year, BDO grew revenue both organically and through a series of mergers that brought in more partners and staff members. Last July, it merged in the firm of
