We are happy to share with you an event of major importance for us and for our firm – as from 1 July 2023, AFA joined BDO – the world’s fifth biggest international audit and consulting network, by obtaining an exclusive license for Bulgaria to provide services under the BDO brand. We believe that thus we will not only continue but will also upgrade the provision of high-quality services of the local and international clients of both BDO and AFA.
For the past 32 years, we have been building together the AFA brand with love and devotion, so that today it is a symbol of high quality, professionalism, independence and ethics, for both our clients and the entire professional community, as well as for the government institutions. As AFA joined the BDO network, we made a crucial future-oriented decision to join a leading global network, allowing us to offer to both local and international businesses a broad portfolio of services at the highest level. Joining forces with BDO is a new page in our firm’s development, driven by the ambition to become even more successful, whilst maintaining our impeccable reputation and professional creed.
Not only are we adding the respected and internationally renowned BDO brand to our company name, but we are also joining a big multifaceted organisation of professionals from various areas of the accounting and consulting business. This is a great opportunity for both the AFA team and our clients to access new knowledge and experience, interesting projects, state-of-the-art technologies, communication with different cultures, and exchange of ideas. We believe the synergy between our rich local experience and the international scope and expertise of BDO will create more opportunities and a long-term horizon for growth and success.
The firm will initially operate under the name BDO AFA, whereas the structure and management remain the same, and Renny Iordanova will continue to be Managing Partner of the entire practice. AFA has an established and well-known name on the Bulgarian market, with a dedicated team of highly skilled professionals, each possessing a profound understanding and mastery of the local market and regulations. The BDO AFA team, consisting of over 100 professionals, will be the driving force of the new member of the international network, and now we will be able to offer clients a global reach, including access to numerous other professional services and experts in order to be able to respond to the dynamics in today’s business world, to regulatory changes and to the evolving needs of our clients and partners.
The full text of the big news we share is available at www.afa.bg, while we would be happy to personally answer any potential questions and remain close to you, as the trusted auditors and consultants we have always been.