BDO stays on top as fastest growing mid-tier in Australia

12 November 2019

The annual AFR Top 100 Accounting Firms report has been released, signalling that BDO in Australia remains on top as the fastest growing mid-tier firm in Australia.

The survey found that BDO was “once again the stand-out performer, (and had) posted an impressive growth rate of [around] 12 per cent for total revenue just shy of $300 million.”

BDO’s Partner leading the firm’s integration plans, Tony Schiffmann said: “We’re proud to be recognised as the leading mid-tier firm. Our growth success is due to the firm winning clients away from the big four and recruiting effectively.

“Many of the people we talk to are unhappy with their current arrangements and are experiencing poor outcomes with their providers, mainly the larger global competitors, and they’re actively seeking alternatives and coming to us at BDO.

“Our investment in talent, developing our already highly skilled workforce and making some strategic lateral hires, is making BDO a more attractive employer and also driving more positive client experience and outcomes for the businesses we work with.

“We’re being asked to pitch for more work and the number of high-calibre bids that we’re invited to tender for has also increased significantly. This is a clear indicator that the market is seeking alternatives to their current provider and subsequently BDO is winning more work - and this, too, is driving up our revenues.”

Read the full story and refer to the top 100's statistics provided by the Australian Financial Review.