WebCPA.com last night reported that BDO Seidman’s fiscal 2009 revenue fell by 5.9%.
BDO Seidman said its revenue for the fiscal year ended June 30 fell 5.9 percent to $620 million from last year’s revenue of $659 million.
However, the firm said its tax business line experienced revenue growth of 6 percent. BDO’s assurance business fell 9.1 percent and its BDO Consulting business decreased 15.3 percent from last year’s high. Over the past four fiscal years, BDO Seidman has averaged double-digit growth of 10.2 percent.