MONTREAL, Feb. 1, 2012 /CNW/ - BDO Canada LLP ("BDO") and Decimal
Technologies Inc. ("DECIMAL") are pleased to announce that DECIMAL's
GRC Division has been purchased by BDO, effective January 31, 2012. The
combined practice will operate under the BDO name.
BDO's risk advisory services practice in Montreal will welcome all
highly qualified professionals from DECIMAL GRC Division, including one
Associate, Alphonse Galluccio, FCMA. DECIMAL GRC Division was initiated
in 2006 and has since grown to be a leader in Quebec Governance, Risk
and Compliance market. Together, the expanded BDO practice will be able
to offer more skills and depth to serve clients and, thereby, build a
stronger presence for BDO in the Quebec market.
BDO is one of the leading accounting and advisory firms in Canada with
90 years of experience providing value-added assurance, accounting,
taxation and advisory services to a broad range of clients. The firm's
risk advisory services practice helps clients understand and assess the
risks to their businesses, addressing issues related to regulatory
compliance, internal audit, technology, risk and security, corporate
governance, business process enhancement, enterprise risk management,
DECIMAL, a leader in corporate performance management will henceforth
focus on helping public and private organizations improve their
budgeting and costing processes. The company uses its software
solutions and expert services to become the leader in business
planning, budgeting and costing.
Pierre Taillefer, BDO Risk Advisory Services Partner in Montreal,
stated: "We are thrilled to welcome DECIMAL GRC Division to our
Montreal practice. This expansion will not only position us as a leader
in our market, but will also strengthen our relationships with
New BDO Associate Alphonse Galluccio added: "The decision to join BDO
will benefit all of our clients who rely on us for sound governance.
Joining BDO will enable them to access more resources and services,
both locally and across the country."
"We are delighted to have reached this agreement with BDO, which allows
us to successfully conclude the process of selling the GRC division. We
believe BDO is the perfect choice, enabling GRC to further excel at the
national level and enabling DECIMAL's management accounting practice to
focus exclusively on its primary objective." said Stéphane Gaouette,
Sam Khoury, BDO's National Risk Advisory Services Partner, concluded:
"The DECIMAL GRC team will be an excellent addition to our national
practice as we continue to focus on assisting clients by providing
solid advice and service across Canada."
Note to editors
About BDO :
BDO is the fifth largest single national accounting and advisory
partnership in Canada with 95 offices nationwide. Our professionals
have the expertise to serve owner-managed businesses, large
enterprises, mid-market public companies, communities and non-profit
organizations in a broad range of industries.
BDO Canada LLP, a Canadian limited liability partnership, 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.
BDO is the brand name for the BDO network and for each of the BDO Member
The combined fee income of all the BDO Member Firms, including the
members of their exclusive alliances, was $5.28 billion in 2010. The
global network has 1,082 offices in 119 countries and more than 46,000
people provide advisory services throughout the world.
About DECIMAL :
DECIMAL provides software solutions that focus on costing and budgeting.
For over 20 years, DECIMAL has been offering top-quality technological
solutions and consulting services to public and private organizations.
DECIMAL improves corporate performance by providing decision-makers
with the financial information they need to better understand their
costs and profitability and optimize their budgeting and planning
processes. For more information, go to www.decimal.ca.
SOURCE BDO Canada
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