BDO was founded in 1963 with five original member firms in the UK, Germany, the Netherlands, the US, and Canada. These firms formed the Binder Seidman International Group. In 1973, the British, German and Dutch member firms adopted a common name whose acronym has endured for the entire global network. That name was Binder Hamlyn (UK) Dijker & Co (Holland) Otte & Co (Germany).
What does BDO stand for? Literally, BDO stands for Binder Dijker Otte.
We’re proud that in the subsequent 50+ years, BDO has grown into a US$11 billion+ business, operating in 164 countries. We have achieved this by adapting to the changes brought about by external forces such as regulation and globalisation, as well as the changing needs and expectations of our clients.
But for BDO, it does not stop there. We live and operate in a challenging environment characterised by an unpredictable global economy, ongoing political upheavals and the ever-present threat of terrorism. In common with all businesses, we must take strategic decisions to ensure that we can continue to attract global clients, enter new markets, improve performance and manage risk. We have invested in global infrastructure, technology and we are ready: this is what sets us apart from our competitors.
Above all, we will continue to deliver the exceptional client service for which we are known, because this is what differentiates us in our market. Technical excellence is a given, but our exceptional client service programme is embedded in our strategy and undertaken on a truly global level.