Counting on Ethiopia
This makes BDO the fourth international accounting firm to enter Ethiopia right after Ernst & Young, Deloitte Consulting and Grant Thornton.
Formed in 1963, BDO offers audit and accounting, tax and advisory services in 144 countries round the world, according to the companyâ€™s website.
BDOâ€™s Ethiopian partner, Next Consult, started work in 2005. As per the companyâ€™s PR office, they have registered an annual 15% growth rate since their formation. It had formerly worked with BDO east Africa and served BDO clients when they came to Ethiopia. According to BDOâ€™s website, the collective income of the firms in the network for 2013 is USD 6.45 billion.