BDO is generally considered a top-tier "Mid-Tier" or "Next 4" firm, ranking as the 5th largest global accounting network. While not part of the "Big 4" (Deloitte, EY, KPMG, PwC), it is classified by the Financial Reporting Council (FRC) as a Tier 1 auditor for Public Interest Entities in the UK due to its market share.
The FRC has published its annual review of audit quality of the largest (tier 1) audit firms (BDO, Deloitte, EY, Forvis Mazars, KPMG and PwC). In this blog, we take a look at the key findings.
In Mid Tier firms, it is widely accepted that they can never compete with the salaries and packages offered by the Big 4 firms. This is why you will find the BDO's, Grant Thornton and other firms at the top of the Mid Tier aiming to attract the brightest talent by providing a nicer working life.
The 2nd tier accounting firms all have less than 100,000 employees as well. They offer professional services just like the big 4 do, but they offer them on a much smaller global scale than the big four accounting firms do. 2nd tier accounting firms: BDO.
5. BDO. Founded in 1964 in Zaventem, Belgium, BDO is arguably the fifth largest accounting firm, with an incredible revenue of 11.8 billion dollars in 2021. BDO offers tax services, consulting, business advisory and public accounting to a whole host of clients in over 150 countries in the world.
BDO USA Snags Top-Five Ranking on Vault Accounting 25 for Seventh Year in a Row. CHICAGO, April 23, 2024 – BDO USA, one of the nation's leading accounting and advisory firms, has once again placed in the top five of the 2025 Vault Accounting 25, a ranking of the 25 best accounting firms to work for by Vault.
Yes, BDO is widely considered the fifth-largest accounting network globally, often referred to as the "next biggest" after the dominant Big Four (Deloitte, PwC, EY, KPMG) and is sometimes included in discussions about a "Big Five" or "Big Six" tier, especially in markets like India, but it's technically the #5 global player by size and revenue.
A Block Development Officer is qualified for salary by the norms of the Seventh Pay Commission. The BDO salary is Rs 18,500, without including DA, TA, or HRA. It may rise to Rs 45,500 and ultimately reach Rs 1,21,600 if the candidate is appointed as Deputy Development Commissioner.
Big 4 firms typically tend to operate at the lower levels of the value chain. Typically, these firms are highly geared towards Financial Services Institutions ... As such, Tier-1 and highly strategic projects are the mainstay of MBB and the Big-4 typically do not have the credentials to operate in that space.
India's corporate audit market is experiencing unprecedented consolidation, with the so-called “Big 6” accounting firms-Deloitte, EY, KPMG, PwC, Grant Thornton, and BDO-increasing their stranglehold on India's largest listed companies.
Compare company reviews, salaries and ratings to find out if BDO or RSM is right for you. BDO is most highly rated for Culture and RSM is most highly rated for Compensation and benefits. Learn more, read reviews and see open jobs.
Rank: BDOs are usually lower in rank than SDOs. In the Indian Administrative Service (IAS), for example, BDOs are typically at the Assistant Commissioner level, while SDOs are at the Deputy Commissioner level.
Who are the top mid-tier accounting firms in 2025? The top companies are BDO, Aone Outsourcing, RSM, Grant Thornton, Crowe Global, Mazars, and Baker Tilly, renowned for their global coverage and success in the middle market.
Ranking after the Big 4 are: BDO Global, the 5th largest accounting firm with 97,000 employees in more than 150 countries and 2021 revenue of $11.8 billion. RSM International's revenues jumped to $7.3 billion in 2021.
How much does a Bdo make? As of Jan 15, 2026, the average annual pay for a Bdo in the United States is $155,270 a year. Just in case you need a simple salary calculator, that works out to be approximately $74.65 an hour. This is the equivalent of $2,985/week or $12,939/month.
The interview process is 'friendly' but 'intense': so make sure you know what you're getting yourself into! From start to finish, the recruitment process can take a few weeks or more, and no stone is left unturned.
Really long hours, very tense atmosphere with people being overworked as the company culture.
Brand Finance Global 500 ranking
BDO is among the world's 500 most valuable and strongest global brands in 2021.
In the Accounting And Tax Services market, BDO has a 0.21% market share in comparison to Deloitte Audit's 0.03%. Since it has a better market share coverage, BDO holds the 12th spot in 6sense's Market Share Ranking Index for the Accounting And Tax Services category, while Deloitte Audit holds the 27th spot.
BDO – $14 billion (BDO Accounting Firm Information) RSM $10 billion. Grant Thornton – $8 billion. Crowe $ 5.8 billion.
BDO is a fine firm but no where close to the Big4 in terms of client base or breadth/depth of opportunity and services. Anyway if you are in audit it will be similar to EY but with less variety of clients.
BDO's competitors and similar companies include Grant Thornton, KPMG, RSM International, EY and PwC. BDO (Binder Dijker Otte) is a company that provides accounting, tax, and business advisory solutions. Grant Thornton is a network of independent assurance, tax, and advisory firms.