Global revenues increased to $3.3 billion for the BDO International network, an increase of 13 percent from last year. Revenues for BDO Seidman LLP, its U.S. member firm, increased to $440 million, an increase of 21 percent from 2004.
"I am particularly pleased by the uniformity of growth at regional, as well as trans-national levels," said chief executive of BDO International Frans Samyn, in a statement.
BDO International has 601 offices in 105 countries and a total staff of 27,828. The network's international growth in 2005 is attributable partly to the signing of three new member firms -- two in China and one in Cyprus.The North America-Caribbean, Latin American, Asia-Pacific and Middle East regions all experienced increases in excess of 20 percent in 2005. The company said individual country performances worthy of note, in addition to the United States, included the United Kingdom, Russia and France. BDO also noted that its rapid expansion strategy in Central and Eastern Europe is beginning to pay dividends, with growth in the region up by more than 40 percent at the company's Sept. 30 fiscal yearend.
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