BDO Kendalls continues Asian expansion
BDO Kendalls has continued its expansion in Asia, with its Hong Kong member firm BDO Macabe Lo merging with Shu Lun Pan Horwath Hong Kong. The new firm, BDO, will have more than 700 accounting staff members and fees of over $54 million. The merger will take effect in May.
"This is a significant development for the BDO network, and highlights our ability to extend our expertise to clients in geographically diverse markets," said BDO Kendalls' national managing partner, Tony Schiffmann.
The merger follows BDO International's merger with the Chinese accounting network Shu Lun Pan Management in January.
BDO International will have more than $246 million in annual turnover from the merger.
Recommended for you
Multiple industry organisations have shared their thoughts on AFCA’s proposed rules amendment, supporting the idea of firms being named publicly when they fail to comply with determinations.
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
