Background

Our story is one of continuously responding to ever-changing client needs. The history of some of our largest firms, who founded the network half a century ago, is more than 100 years.

  • 1963: founded by firms from Canada, Germany, the Netherlands, the United Kingdom, and the USA and known as Binder Seidman International Group.
  • 1973: adopted the name Binder Dijker Otte & Co.
  • 1988: established a worldwide structure and placed the BDO acronym before each local member firm’s name in every country.
  • 2010—known simply as ‘BDO’ worldwide.

Our commitment to knowledge and best practices means that expertise is easily shared across the network. Our common methodologies and IT platform ensure effective and efficient service delivery to all our clients. To maintain standards, we have a robust accreditation process and a quality assurance review procedure.

We remain focused on helping our clients navigate ever-changing economic and market conditions by providing high-quality advice and service to all our clients on a consistent basis.

BDO is a member of the Forum of Firms under the International Federation of Accountants.

BDO Azerbaijan LLC, a limited liability company registered in the Republic of Azerbaijan under number 1302212761, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. It is 60% owned by BDO Eurasia BV, a Dutch private limited liability company, and 40% owned by ZAO BDO, a Russian closed joint stock company. The firm employs one national auditor and two UK-certified chartered accountants. Auditing revenues constitute around 60% of the firm’s total income.

Service provision within the international BDO network of independent member firms (‘the BDO network’) is coordinated by Brussels Worldwide Services BVBA, a limited liability company incorporated in Belgium with its statutory seat in Brussels.

Each of BDO International Limited (a UK company limited by guarantee, the governing entity of the BDO network), Brussels Worldwide Services BVBA, and the member firms is a separate legal entity and has no liability for another such entity’s acts or omissions. Nothing in the arrangements or rules of the BDO network shall constitute or imply an agency relationship or a partnership between BDO International Limited, Brussels Worldwide Services BVBA, and/or the member firms of the BDO network. BDO is the brand name for the BDO network and for each of the BDO member firms.

As the Azerbaijani Member Firm of BDO, we leverage our global resources to serve our clients. BDO is a worldwide network of public accounting firms, called BDO Member Firms. BDO International is the fifth-largest accounting network in the world, comprised of member firm offices in over 166 countries.

Effective October 1, 2010, BDO Azerbaijan LLC is the first and exclusive Azerbaijani member of BDO, the world’s fifth-largest audit and professional services network.

BDO is a global network uniting 115,661 staff working from 1,776 offices in 166 countries. Our clients include leading national and cross-border businesses, public entities, and non-profits.

BDO’s reports mean assurance for global investors, including participants in London, New York, Nasdaq, Frankfurt, Tokyo, and Shanghai exchanges. BDO is an approved service provider for large banks and institutions like EBRD, IFC, and the World Bank. However, our activities are not limited to audits only; our member firms render assurance, accounting, corporate finance, Islamic finance, valuation, system integration, business consulting, and other professional services. BDO is a member of the Forum of Firms under the International Federation of Accountants (IFAC) and a close partner of professional accounting bodies such as ACCA, AICPA, ICAEW, and ICAS.

BDO Azerbaijan is a firm that combines the global capabilities of the BDO network with the local knowledge of its national partners. Our specialists possess in-depth knowledge of International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), US Generally Accepted Accounting Principles (US GAAP), as well as expertise in national tax and law. A core principle of our work is client proximity, understanding clients’ issues, and helping to meet their goals.