BDO Governance: Options, Issues, and Recommendations

BDO, Governance Options and Issues
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INTRODUCTION
The BDO is responsible for consulting, tax,
advices on maters finance and assurance. The
BDO is guided by codes that are enshrined in set
principles that have evolved over time. These have
allowed tremendous changes in BDO governance
in services to organizations.
The principles of governance as per Walker (2009)
no longer concentrate on the non- executive
directors, the chairpersons, and chief executive
alone but have extended to include ethics, values,
and culture in an organization.

THE GOVERNANCE OPTION
1. Leadership and Accountability
The leadership "essentialism principle“- an idea
incorporated into a significant number of
innovative organizations.
Essentialism implies to carrying out the things that
are critical to the association.

Cont’d
In BDO, essentialism has leads to steady quest
for review of quality, have shaped corporate
structure of governance ensuring
accountability, underscore risk management,
empower joint effort among the groups, and
dealing with critical customer issues
(Christensen & Lægreid, 2015).

Cont’d
It promote accountability and good leadership, enabling
BDO TO set up oversight structures and collaborative
oriented structures for the Assurance and Tax business
lines through MP (managing partner). This is the role that
is spread and cascaded downwards to managers in various
regions of operation.

Cont’d
The structure advances joint effort and an all-
encompassing way to deal with the
administration.
The insight and mentorship of the MPs coupled
with the focus on risk management support and
enhance the review of quality (Houck, 2017).