Growth in key markets: Canada, USA, UK, Germany, and Australia
FinTech BizNews Service
Mumbai, December 23, 2023: This year, BDO India saw the highest growth in the Asia Pacific region with an impressive revenue surge of 34%.
Key highlights:
Despite global headwinds and changing geopolitics, BDO’s global services reported a broad-based revenue growth in 2023, with tax reporting the largest increase. Driven by our focus on servicing key accounts and active pursuit of significant clients across larger economies, our global revenues reached USD 14 billion for the financial year ending 30 September 2023. India saw the highest growth in the Asia Pacific region with an impressive revenue surge of 34%.
We increased our global headcount by 3.9% to 115,661, adding specialists and subject-matter experts at all levels and across all service lines. Our diverse global team combines expertise with local knowledge to deliver bespoke client solutions, representing BDO in 166 countries and territories, working out of 1,776 offices.
We continue to deliver transformational value to our clients through our investments in digital solutions and AI, which is also taking us further in our digital transformation journey. Quality is a strategic priority, and we have increased our efforts in this area by continually developing our independence, privacy, and quality monitoring programs.
Our progress as an organisation is inclusive of our commitment to sustainability, driven by our pledge to reach net zero emissions by 2050 or sooner. We are extending this to our clients with our comprehensive portfolio of sustainability services, driving positive change towards a sustainable future for all.
Commenting on our all-inclusive growth in 2023, Pat Kramer, Global CEO, BDO, said, “I’m proud of our robust financial performance in 2023, with broad-based revenue growth across all regions and service lines, building on an impressive 60 years of success. Despite global challenges like high interest rates, inflationary pressures, and shifting geopolitics, we’ve continued to consistently upweight our efforts to foster client growth and win international business across our expanded global footprint. Our multi-disciplinary firms have proven their readiness to adapt to shifting market dynamics and new technologies to meet evolving client needs.
“The success and the strength of our brand is underpinned by our ongoing investment in cutting-edge technologies and our people, reinforced by an unwavering commitment to quality and integrity.”, Pat Kramer concluded.
