The Decline of BDO’s Culture

BDO was once known for its strong culture and people-first values — but that era seems to be fading fast. Management has become increasingly disconnected, and the once-collaborative environment feels replaced by pressure, bureaucracy, and instability.

With the firm now burdened by high-interest payments tied to its ESOP, it’s hard to see how BDO can maintain the same growth trajectory or uphold the culture that once set it apart.

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Those who know, know BDO is a full on disaster.

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And I’m one of those people.

likesmarthelpful

Another major issue is that the majority of BDO's growth has been the result of acquiring regional firms. BDO is basically a bunch of regional firms operating separately from each other. National has been trying to bridge the gap by standardizing everything across the board and this has been largely unsuccessful so far since every office operates differently and has its own specific set of needs.

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Right on!!!

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I have to agree. It’s ironic that their first core value is “People First”. Was the ESOP the beginning of the end?

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With all the technology and procedural changes, I really miss doing actual accounting/tax work and having time to service clients and tend to their specific needs!

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Same with RSM I’ve loved working here however over the couple years or so our culture has steadily declined, our work product has declined, and our people first values went out the window. We haven’t taken PE money yet but I cannot imagine we can sustain the massive financial pit we’ve dug ourselves into with bad decisions for long. I’m so sad to see a place I actually was proud to be a part of become just like every other horrible place to work.

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What massive financial pit are you referring to?

Eleni Lagos vs BDO/Dedong …. Wow.

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I start at BDO on Monday 😂 only job I could find

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Thanks for the heads up. I've been looking around at opportunities with mid size firms

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