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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Fat Joe’s favorite audit firm once again had a spectacularly horrible PCAOB inspection report. In the 2021 inspection of BDO USA, LLP, the PCAOB assessed the firm’s compliance with laws, rules, and professional standards applicable to the audits of public companies. We selected for review 30 audits of issuers with fiscal years generally ending in […]
The results are in at BDO, and the fifth largest accounting firm in the world brought in $12.8 billion in revenue during its 2022 financial year, which ended on Sept. 30—an 8.5% increase over last year’s revenue of $11.8 billion. The new guy in charge of BDO globally, Pat Kramer, said, “In the change-dominated world […]