BDO Brazil closed 2024 with a record result. The fifth largest auditing and consulting firm in Brazil recorded a revenue of R$ 450 million, value that represents a growth of 22% compared to 2023. The number of professionals across the country has surpassed the mark of 2,1 thousand, a 17% increase compared to the previous year
Among the factors that explain such growth, is maintaining the leadership of themiddle marketand the consolidation in large companies – especially those of publicly traded companies. After the mandatory rotation, the balance was positive, with an increase of 8,5% of listed companies
The company also expanded its reach, with the inauguration of a new office in Palmas, no Tocantins. Furthermore, acquired the operations of Baker Tilly in Belo Horizonte and Brasília, expanded the offices in the capital of Minas Gerais, from Uberlândia and Sorocaba and strengthened its leadership team with the hiring of directors and the incorporation of new partners
We had a very positive year. Even in the face of the fragilities of the economy, we managed to show the market the quality of our deliveries. This attracted new customers in a very natural way, explain Raul Corrêa da Silva, CEO of BDO. "We took advantage of the window of opportunity opened by having taken on some clients with media impact and", at the same time, we strengthened our team, complement
The outlook for 2025 is even better. BDO has already scheduled the expansion of three offices: Curitiba, Goiânia and Rio de Janeiro, in addition to the opening of a new base in the Northeast. The chosen city is João Pessoa, in Paraíba, and the inauguration is scheduled for this first semester
For this year, we are analyzing new acquisitions to accelerate our growth and not just in the audit area, reveals Corrêa. "We also anticipate an increase in demand for tax services due to the tax reform and the new transfer pricing rules, and we will introduce new products in the areas of advisory and management control", highlights
BDO Global
Globally, BDO achieved combined revenues of US$ 15 billion for the fiscal year ending September 30, 2024, what does a 7% increase compared to the previous year represent. All service lines maintained good performance
The Americas region saw an increase of 5,5%. In North America, the combined growth of Canada and the United States market was 4%, while Mexico's key market experienced a 15% increase in revenue
In South America, Brazil (+25%) and Colombia (+24%) were highlights, driven, especially in the continuous investment in technology and people development, what generated recognition and strength in the market. "In Brazil, specifically, we had a boost with the arrival of new major clients, in addition to maintaining our leadership in the middle market, reiterates Corrêa
Global strategy
The year was marked by a unified global growth strategy of BDO, whose aim is to provide global solutions to international clients, combining local experience of various equipment with cutting-edge innovation and technology. Our global strategy focuses on balanced and sustainable growth that meets the needs of our customers, as we maintain the central purpose and values of our brand within a culture where our people can thrive, says Pat Kramer, Global CEO of BDO
In 2024, the workforce of BDO grew at all levels and lines of service reaching around 120 thousand professionals in 1.800 offices around the world – an increase of 3,4%
Technological transformation
In 2024, BDO presented its secure generative artificial intelligence (AI) platform, empowering your equipment to use the most advanced technology and provide the best value to the businesses they serve
Technology is a key driver of our global strategy, backed by significant investments in technology, sustainability and AI. We are committed to digital transformation, to create lasting benefits for our clients and our people, define Trond-Morten Lindberg, global director of Strategy and Operations.BDO Brazil closed 2024 with a record result. The fifth largest auditing and consulting firm in Brazil recorded a revenue of R$ 450 million, value that represents a growth of 22% compared to 2023. The number of professionals across the country has surpassed the mark of 2,1 thousand, a 17% increase compared to the previous year
Among the factors that explain such growth, is maintaining the leadership of themiddle marketand the consolidation in large companies – especially those of publicly traded companies. After the mandatory rotation, the balance was positive, with an increase of 8,5% of listed companies
The company also expanded its reach, with the inauguration of a new office in Palmas, no Tocantins. Furthermore, acquired the operations of Baker Tilly in Belo Horizonte and Brasília, expanded the offices in the capital of Minas Gerais, from Uberlândia and Sorocaba and strengthened its leadership team with the hiring of directors and the incorporation of new partners
We had a very positive year. Even in the face of the fragilities of the economy, we managed to show the market the quality of our deliveries. This attracted new customers in a very natural way, explain Raul Corrêa da Silva, CEO of BDO. "We took advantage of the window of opportunity opened by having taken on some clients with media impact and", at the same time, we strengthened our team, complement
The outlook for 2025 is even better. BDO has already scheduled the expansion of three offices: Curitiba, Goiânia and Rio de Janeiro, in addition to the opening of a new base in the Northeast. The chosen city is João Pessoa, in Paraíba, and the inauguration is scheduled for this first semester
For this year, we are analyzing new acquisitions to accelerate our growth and not just in the audit area, reveals Corrêa. "We also anticipate an increase in demand for tax services due to the tax reform and the new transfer pricing rules, and we will introduce new products in the areas of advisory and management control", highlights
BDO Global
Globally, BDO achieved combined revenues of US$ 15 billion for the fiscal year ending September 30, 2024, what does a 7% increase compared to the previous year represent. All service lines maintained good performance
The Americas region saw an increase of 5,5%. In North America, the combined growth of Canada and the United States market was 4%, while Mexico's key market experienced a 15% increase in revenue
In South America, Brazil (+25%) and Colombia (+24%) were highlights, driven, especially in the continuous investment in technology and people development, what generated recognition and strength in the market. "In Brazil, specifically, we had a boost with the arrival of new major clients, in addition to maintaining our leadership in the middle market, reiterates Corrêa
Global strategy
The year was marked by a unified global growth strategy of BDO, whose aim is to provide global solutions to international clients, combining local experience of various equipment with cutting-edge innovation and technology. Our global strategy focuses on balanced and sustainable growth that meets the needs of our customers, as we maintain the central purpose and values of our brand within a culture where our people can thrive, says Pat Kramer, Global CEO of BDO
In 2024, the workforce of BDO grew at all levels and lines of service reaching around 120 thousand professionals in 1.800 offices around the world – an increase of 3,4%
Technological transformation
In 2024, BDO presented its secure generative artificial intelligence (AI) platform, empowering your equipment to use the most advanced technology and provide the best value to the businesses they serve
Technology is a key driver of our global strategy, backed by significant investments in technology, sustainability and AI. We are committed to digital transformation, to create lasting benefits for our clients and our people, define Trond-Morten Lindberg, global director of Strategy and Operations
