What It Does: BDO specializes in business advisory, accounting, consulting, and tax. Its accounting services include financial reporting, CFO, corporate payroll, cloud accounting, and third-party assurance. Its tax services include private wealth, indirect tax, international tax, etc. Its advisory services include risk advisory, wealth advisory, financial risk management, etc.
Mission: The mission statement of BDO is to provide exceptional client service to all its customers.
Size and Presence: BDO's workforce in Canada comprises over 4,700 employees and partners across 125 offices. Its head office is in Toronto.
Best Known For: BDO is best known as the 5th biggest network of accounting firms in the world. BDO Canada was on the list of the Top 100 Employers in Canada. The firm was also named in the 2021 edition of Greater Toronto's Top 100 Employers.
The Good Bits: BDO is among the best places to build a rewarding career. The company has a great welfare programme that offers numerous perks and incentives to its employees. The working environment is very conducive,
The Not-So-Good Bits: The job comes with high expectations and is very demanding. The work-life balance can be better.
James Dunwoody established BDO Canada in the 1920s. During this period, the firm also started operating from its first base -Winnipeg, a city in Manitoba. At the time, the firm was known as Dunwoody. During the formative years of the 21st century, this firm merged with BDO Ward Mallette. This merger cemented the company’s affiliation with BDO international. In 2007, BDO’s size and presence in Canada had grown to a workforce of 1200 staff members and 300 partners across 95 offices all over the country.
These offices specialized in assurance, corporate recovery, taxation, accounting, and financial advisory services. In late 2009, this company agreed to a merger with Hudson LLP, another accounting firm. In 2010, Dumwoody was dropped from the company's name, and it was renamed BDO, just like other companies in other countries around the world. The global rebranding took five months. BDO was created from the initials of Binder Dijker Otte. It's one of the largest accounting networks in Canada.
BDO has four powerful core values that define its identity and guides its operations. These values include Honesty and Integrity, Empowerment and Personal Responsibility, Mutual Support and Respect, and Professional &Personal Client Relationships. The company has an open and collaborative culture. Its employees frequently join forces together to get the job done, creating a great bond among them and a strong support system in the process.
The company is employee-centric, and it genuinely cares about the welfare and development of its staff members. The company promotes diversity and inclusion through its policies and hiring process. The dress code of the organization is formal wear.
BDO has positioned itself as the ideal place for one to launch and build a career in the professional services industry. It offers internships and co-op opportunities. These programs provide a great learning experience that entails world-class training, mentorship, building relationships with fellow colleagues and company executives, real projects and assignments with different high-profile clients, and learning from some of the best and brightest minds in the professional services industry. The participants of this program are also groomed to become future industry leaders as it equips them with leadership abilities and prepares them for more important roles in the organization.
The entire process, from start to finish, can take up to a month. The process usually begins with the submission of applications and is followed by phone screening and resume shortlisting. The selected candidates go through a series of interviews, and the successful ones are offered the job.
A fresh graduate at BDO will earn an average pay of CA$ 45,000.
BDO’s benefits and perks for its employees in Canada include sick leave, paid holidays, community volunteering days, gym membership, private medical insurance, life assurance, graduate loans, etc.
BDO has been in partnership with Food Credit Canada's Drive Away Hunger initiative for 15 years and has provided immense financial support to the campaign, which has provided more than 7 million meals to date.