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BDO International Appoints Jamaican Firm


BRUSSELS, Jan. 17, 2001 (SmartPros) In a move to strengthen BDO International's presence in the Jamaican region, the accounting and consulting organization has appointed a new Jamaican firm to its member firm network.



BDO Jamaica, which was recently a member of the Ernst & Young international network, has three partners, 115 staff members and offices in Kingston, Montego Bay, Ocho Rios and Mandeville. The fee income for the 38-year-old firm for the year ending Sept. 30, 2000 was more than $3 million, making it the fourth largest accounting firm in Jamaica, said BDO International.

"Given Jamaica's static economy currently, this firm has performed exceptionally well over the last few years," said Cecil Fleming, chief executive of BDO International. "With the new initiative by the U.S. government in favor of the Caribbean region likely to stimulate the economy there, and with the investment from Central America, Barbados and Trinidad on the increase, the future looks bright."

BDO Jamaica's client base includes public and private companies, multinational and state-owned enterprises, as well as individuals.

BDO International, the world's sixth largest accounting and consulting firm, recently reported that its worldwide revenue for the fiscal year ending Sept. 30, 2000 increased 14 percent to $2.01 billion, up from $1.76 billion last year.

-- SmartPros News Staff

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