Jack Weisbaum's final year as the most interesting accounting CEO in the world will go down in the book as a good one. The firm announced $618 million in revenues for fiscal year 2012. That's an increase of 8%. Each line of business saw increases with consulting coming in 36% higher than last year, tax up 9.9%, and audit up 5.7%. Of course the consulting business only consists of 7% of the total revenues, while tax is 29% and audit is 60% (and 4% "other"). Regardless, those numbers beat a sharp rock in Jacky Boy's wingtip and it goes without saying that he and the firm really appreciate all the last-minute billable hours you jammed in there. [BDO]
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In a wide-ranging interview with CJ Prince of Chief Executive magazine, BDO USA CEO Wayne Berson used “BDO” and “powerhouse” in the same sentence, said “no one wants to go to the 5th best firm” (you got dissed, RSM US) but “we don’t see ourselves as inferior to the Big Four,” and explained what CLIMB means […]
Late on Friday a couple people told us about some good news for BDOers, especially for those not getting raises this year. Not sure about Audit and other Departments but BDO just announced they would be paying back the salary that was reduced in May – July with the Dec. 15 paycheck. And from the […]