Over the last financial year, BDO saw 28 partners appointed across its Brisbane, Sydney, Melbourne, Perth and Darwin offices, with eight of those partners joining from a big four competitor.
Nine of the new partners were internal promotions, with 25 per cent of the total 28 appointments female.
BDO national chairman Helen Argiris said the appointments were reflective of the firm’s strong growth, with projected revenues set to reach $300 million in 2019.
“Responding to our clients’ needs, we have been proactive in attracting new talent, particularly in the areas of high demand such as business services, consulting, tax, audit and corporate finance,” Ms Argiris said.
“People are choosing to join and to stay at BDO because we hold a market-leading position, underpinned by an entrepreneurial spirit that empowers our leaders and drives our tailored advice.
“We’ve enjoyed significant growth this year, and with projected revenues to hit $300 million in 2019, attracting high-calibre people is paramount in order to achieve our growth goals.”
Last week, the BDO offices in Melbourne, Sydney and Brisbane announced that they had voted in favour of merging their respective firms.
The merger will see a combined revenue of $212 million and 126 partners across the east coast.
“Moving towards a single national structure, while at the same time retaining the entrepreneurial freedom we feel is essential at the local level, is a natural step in our firm’s evolution,” said BDO office managing partner in Brisbane and lead for BDO integration Tony Schiffmann.
“With Brisbane, Sydney and Melbourne now coming under one business structure, it will enhance our ability to invest, attract new talent, grow in scale and expertise, and be more agile moving forward.”
Jotham Lian is the editor of Accountants Daily, the leading source of breaking news, analysis and insight for Australian accounting professionals.
Before joining the team in 2017, Jotham wrote for a range of national mastheads including the Sydney Morning Herald, and Channel NewsAsia.