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| Posted: 11 Jan 2010 07:51 | ||
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Registered User Currently Offline |
Posts: 428 Join Date: Nov 2009 |
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BDO, the world’s fifth largest accountancy network, has announced that all its member firms in 110 countries worldwide are adopting the single global trading name of ‘BDO’. Sujeewa Rajapakse, Managing Partner of BDO Burah Hathy the local member firm in Sri Lanka said that with effect from 01 January 2010 ‘BDO Burah Hathy’ is now known as ‘BDO Partners’. “Being one BDO is a challenge we share with all member firms worldwide. a challenge solidly relying on the unique BDO experience, values and relationships. We remain focused on helping our clients navigate the ever-changing economic and market conditions by providing high quality advice and services to all our clients on a consistent basis. This will help to ensure that we are recognised in the market as a unified global network”. CEO of BDO Jeremy Newman said, “This is a very exciting change for BDO and is the culmination of many years of strategic and operational investment and engagement. It demonstrates our member firms’ commitment to provide a seamless, integrated service delivering the highest quality advice to all our clients across the world. It confirms our position as a competitor to not only the largest, but all other businesses operating in our marketplace”. The change also sees BDO entering into arrangements to enable all BDO Member Firms to utilise common IT software which will facilitate the deployment of new network-wide tools and applications. This will benefit clients as it will enable easier document and knowledge sharing. Jeremy Newman added, “What matters to our clients, matters to us. Our clients expect the best possible professional advice and the highest quality service and the transition to a single global trading name underlines our commitment to deliver this to our clients nationally and internationally.” BDO will introduce a new audit methodology and a new audit process tool to facilitate the consistent delivery of high quality, effective and efficient audits, fully compliant with the International and Local Standards on Auditing. ABOUT BDO: BDO International is a worldwide network of public accounting firms, called BDO Member Firms. Each BDO Member Firm is an independent legal entity in its own country. The network is coordinated by BDO Global Coordination B.V., incorporated in The Netherlands with its International Executive Office located in Brussels, Belgium. The global network has 1,095 offices in 110 countries and more than 44,000 partners and staff provide business advisory services throughout the world. |
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