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As the trustee of funds that are intended for a charitable purpose, not-for-profit (NFP) boards and their investment processes are held to a higher standard.Previously, many NFPs rolled term deposits or held funds in high-interest bank accounts. This investment approach, combined with donations...

Most of us will understand that the key to avoiding the worst impacts of climate change is to try and keep global temperature increases below 2%. To achieve this, it is believed that net zero must be reached by 2050. Net zero refers to a state in which the greenhouse gases going into the...

The SWIFT Customer Security Program (CSP) defines a set of security controls to which all SWIFT-connected entities must comply. Since 2021, the self-assessment has been replaced by a mandatory independent assessment. As a CSP assessor, BDO shares its experiences and insights into how an effective...

BDO works hand in hand with Microsoft to jointly deliver digital transformation services to our clients.Our solutions, built on Microsoft’s secure technology stack, provide proven and pragmatic IT solutions to address the growing needs of our client portfolio. Our focus is to identify our clients...

The new Global Office has become a strategic workspace, designed to motivate and inspire our people and support them in the diversity of their tasks, promoting collaborative ways of working. Natural wood & light and the abundance of plants improve wellbeing and act as a booster for creativity...

Pat Kramer to succeed Keith Farlinger as BDO’s Global CEO 12 May 2022: BDO has today announced that Pat Kramer, CEO of BDO in Canada and currently a member of BDO’s Global Board, will succeed Keith Farlinger as the Global CEO of the BDO organisation.  Keith will step down as CEO on 31 October...

Brussels, 10 May 2022: BDO and Microsoft announce an expanded strategic alliance in which both parties will collaborate to deliver solutions that create value for BDO clients around the world. The alliance has three objectives:Create value for BDO's mid-market clients by driving business impact...

Management is responsible for maintaining a system of internal control over financial reporting (ICFR) that provides reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements in accordance with the applicable accounting principles framework....

Business Leaders are Now Part of the ConversationAn estimated 48% of the board are involved in cybersecurity strategy discussions, showing the line between business and cybersecurity is blurring. Business leaders are recognizing that they must have an understanding of risk and a working knowledge...