MDO Unicon Became Leader on National Audit Market
OREANDA-NEWS. March 30, 2009. In 2008 BDO Unicon reaffirmed its status of Russia’s leading accountancy and consulting firm supported by the annual rankings published by the Expert RA ratings agency, reported the press-centre of BDO Unicon.
According to the authoritative Russian Audit rankings published in the Russian weekly Expert No.11 (650) of 23 March 2009, BDO is Second Best among major audit and consulting groups (ACG) and Number One among the ACG without participation of foreign capital. The Company’s total revenue in 2008 grew by 41.8% exceeding RUR 4.1 bn.
The ratings demonstrate BDO Unicon’s sustained leading position in the major segments of the audit market. During last year BDO Unicon substantially expanded the statutory audit niche and increased fee income from audit services by 48.6% to RUR 1.7 bn. Besides, the Company is rated first in terms of revenue from IFRS services.
BDO Unicon key performance indicators in 2008:
Second Best among major audit and consulting groups and Number One among national ACG;
Second Best among major audit and consulting firms and Number One among national ACG in terms of audit fee income;
Number One in the ratings of companies with experience in IFRS services;
Number One in terms of fee income from IFRS audit in the industrial sector;
Number One in terms of fee income from IFRS audit of insurance and investment companies;
Second Best in terms of fee income from IFRS audit in the banking sector;
Number One in terms of fee income from consulting and IFRS training in the industrial sector.
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