BDO international, 5th largest accounting firm in the world, get through to the Korea in earnest. People are paying attention to the changes of accounting firms dominated by Samil PwC, Anjin Deloitte, Samjung KPMG and Hanyung E&Y. E-Hyun accounting firm and tax firm announced on April 07 that they made a contract of member firm with BDO international last April 01. According to this contract, E-Hyun accounting and tax firm will provide more specific and broad accounting, tax, legal and management advisory services with exclusive status of BDO international in Korea.
A officer of E-Hyun accounting firm said “ BDO E-Hyun will provide the best specialized services to the companies that is going to overseas countries and coming to Korea as well as multinational companies who are DBO’s clients.”
BDO is 5th ranked global accounting firm as of September, 2017 with more than 64,000 experts, 1,400 offices in 154 countries and provides the account, tax and management advisory services. Also BDO was awarded network of the year at the International Accounting Bulletin (IAB) award last year. BDO’s main clients are Face Book, Apple, Fidelity, Michelin, Diners Club, Lone Star, Intercontinental, Tyson Krupp, SAS and so on, the dominated companies in their industries.
E-Hyun accounting firm, 10th ranked out of 140 accounting firms last year in Korea is rapidly growing up and tax firm has competitive advantages owing to profound expertise come from National Tax Service. E-Hyun’s professionals allow them to win the major tax advisory projects of 7 out of 10 conglomerates. They moved to POSCO center to have a synergy effects by integrating dispersed functions consisting of accounting, tax, advisory and BDO international affairs on April 20.
The CEO of E-Hyun said “ we will be 5th accounting firm by 2020 in Korea as a BDO member firm and enhance the reliability to the financial information so that our clients can grow up in right direction and investors can be protected from potential risks.”
-Source: Kyunghyang news paper/E-Hyun news, April 07.