BDO thrilled at full sweep of Accounting Awards

Winners of all three service lines: Tax, Audit and Corporate Finance

BDO swept all the service line awards at the Accountancy Age Awards dinner held last night beating strong competition from industry peers. All three service line awards were won: Tax Team of the year, Audit Team of the Year and Corporate Finance Deal of the Year.

Simon Michaels, Managing Partner, BDO said: “I'm absolutely delighted that we have been recognised as the leaders in the profession. It is our desire and commitment to put clients first that really made a difference. The awards prove our long held belief that BDO is a great place to work, with strong people who deliver great results for clients.”

The national Corporate Finance team completed 216 deals in 2007, valued at almost £8.5bn and 253 deals in 2006, valued at almost £8.1bn. The Corporate Finance team has grown from 34 to 45 partners working out of 14 UK regional business centres with 281 staff nationally in the last year, an increase of 41 per cent on 2006/2007.

Of the Audit practice the judges said: “The firm clearly listens to clients and offers a more personalised service.” The nod echoes the firm’s ‘we listen…we deliver…we grow’ philosophy to the audit business and is exemplified through the adoption of a Client Listening Programme, which measures a client’s satisfaction level.

For the Tax practice the firm’s client satisfaction rating rose from 7.7 to 8.3 over the past year. Revenues grew by 25.75 per cent to £105m, beating the firm’s 20.5 per cent target. The firm also expanded with the acquisition of Chiltern in October 2007 and Lines Wilson in March 2008.

The judges said of the Tax division: “This is a team that’s produced great growth in revenues and demonstrated real ambition, especially with its acquisition strategy. There’s real commitment to the clients and a well-honed focus on what they are attempting to do demonstrating real clarity of thought.”

Simon Michaels added: “These wins are testament to the talented and committed people we have in the firm - not only in Audit, Tax and Corporate Finance but in all streams and sectors - and they also remind our clients and the market of the strength and quality they can expect from BDO.”

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For more information, please contact Matthew Longbottom at BDO on 020 7893 2717, 0797 619 8786 or email matthew.longbottom@bdo.co.uk

Notes to editors:

BDO LLP operates across the UK with over 3,000 partners and staff. BDO LLP is a UK limited liability partnership and the UK Member Firm of BDO International. BDO International is a world-wide network of public accounting firms, called BDO Member Firms, serving international clients. Each BDO Member Firm is an independent legal entity in its own country. The Belfast Firm is operated by a separate Partnership.

BDO LLP and BDO - Belfast are both authorised and regulated by the Financial Services Authority to conduct investment business.

BDO is an award winning firm.  Recent achievements include:

• Best Workplace UK - Financial Times 2008
• 100 Best Companies to Work For - The Sunday Times 2008
• Audit Team of the Year – Accountancy Age Awards 2008
• Tax Team of the Year – Accountancy Age Awards 2008
• Corporate Finance Deal of the Year – Accountancy Age Awards 2008
• Employer of the Year – Accountancy Age Awards 2007
• The Women of Achievement Award –  Women in the City 2008
• Top 50 Where Women Want to Work - The Times 2007
• Business Superbrand - Business Superbrands 2008