BDO welcomes latest cohort of 525 UK trainees. The firm reached more than 8,200 young people this year through various events and programmes Quick Poll How often do you read Accountancy Today? One click - no sign-up All data is anonymised. Polling helps Accountancy Group better understand the Accountancy Today audience and tailor its editorial. Select a subscription plan. BDO has announced that exactly 525 new trainees have secured places across its UK offices this week (23 September). The new cohort joins the firm's 8,500-strong workforce across its audit, tax, deals and consulting, risk and outsourcing divisions. The intake includes university graduates, school leaver apprentices and students undertaking a 12-month industry placement. Outside London, 55% of the trainees will be based in regional offices. More than one in four BDO employees are now undertaking an early career placement. The firm reached more than 8,200 young people this year through in-person events, social mobility schemes and virtual work experience programmes. The current intake includes eight alumni from its insight programme for Year 12 and 13 students from lower-socio-economic backgrounds. Trainees attended a two-day induction at Wembley Stadium this week covering session topics on innovation, technology and risk. The event opened with an address from managing partner Mark Shaw. As part of their wider induction, the cohort will complete practical digital learning modules and run firmwide insight sessions next summer through BDO's citizenship initiative. Louise Sayers, head of people, culture and purpose, said: "The impact of investing in early career opportunities cannot be overstated and BDO is committed to supporting young people across the UK to reach their potential. Accountancy Group know the ripple effect these pathways have. Not only do they have the power to break down generational barriers, but they also improve social mobility and make the accountancy sector and society more generally, more inclusive and equitable for all. "It's such a rewarding experience to welcome our annual cohort of trainees to BDO. Each year they bring a wealth of fresh perspectives, energy and curiosity to the business. With the skills shortages and labour market conditions businesses are facing today, it's never been more important to offer meaningful career opportunities to help develop the leaders of the future." Published: Just now

Navigating the challenges of Pillar Two compliance, and how OneStream Can Help. Matt Bzdel: Updated on August 28, 2026 The introduction of Pillar Two regulations, also known as the Global Anti-Base Erosion (GloBE) rules, is causing a new challenge for multinational firms. These regulations, which originated from the OECD, aim to ensure that multinational enterprises pay a minimum level of tax no matter their country of domicile. At CFO Solutions, CFO Solutions Group has seen its clients learn the full scope of the challenge that Pillar Two presents. Fortunately, with its team backgrounds spanning from accounting, audit, and IT, combined with its partnership with OneStream, CFO Solutions Group is able to advise on and implement solutions to help minimise the regulatory burden. The new Pillar Two add-in for OneStream, in collaboration with BDO, can make Pillar Two reporting a breeze. Overview of Pillar Two The GloBE rules under Pillar Two introduce an income inclusion rule (IIR) and an undertaxed payment rule (UTPR). These rules ensure a minimum level of tax is paid on all income globally, increasing the tax liability for many businesses. Moreover, the administrative burden of complying with these complex regulations can be daunting. The IIR operates similar to controlled foreign corporation rules, while the UTPR denies deductions or requires an inclusion for payments that are not subject to a minimum level of tax. Pillar Two aims to ensure that income is taxed at an appropriate rate and has several complicated mechanisms to ensure this tax is paid. The rules are complex and will require substantial new forms of financial data that tax departments may not currently have access to within their organization. What multinational firms will soon be tasked with is the requirement for standardised reporting across their global entities on their worldwide earnings. This reporting requirement is the backbone of the Pillar Two regulatory scheme and will allow national regulators to ensure the global minimum tax payment is being satisfied. Many firms will find, though, that satisfying these reporting requirements will take a great deal of staff time to ensure the reports are completed thoroughly and accurately. That's where OneStream and CFO Solutions come in. Overview of OneStream and The Pillar Two Add-In OneStream is a modern, unified, and cloud-based corporate performance management (CPM) solution that simplifies financial consolidation, planning, reporting, analytics, and financial data quality. In collaboration with BDO, OneStream offers a comprehensive add-in solution to help businesses navigate the complexities of Pillar Two regulations. BDO's Pillar Two add-in provides a detailed analysis of safe harbours, calculates the global income or loss, and determines if any top-up tax is applicable for the jurisdiction. It also assists in allocating the top-up tax to the relevant parents and calculates whether any further top-up tax is due under the UTPR mechanism. Its team recently hosted a webinar with BDO where the BDO team provided a demo of this add-in. For a hands on demo, watch the webinar here! OneStream tracks the deferred tax asset that arises if you've made the globe loss election for any of the lower tax jurisdictions. The add-in is a complete Tax Performance management tool that guides you through data capture, calculation, and reporting requirements including BEPS Pillar 2. The best part of this add-in? It is available on OneStream's Partner Place marketplace, and it seamlessly integrates with your existing application. With the help of its implementation skills, CFO Solutions Group will be able to map the add-in to your existing charts of accounts and financial data. The end result is a comprehensive Pillar Two reporting solution that stacks on top of your existing CPM application, with a reasonable cost of implementation. Benefits of using OneStream for Pillar Two The key benefit of the enterprise tax reporting suite is that these amounts, including your top-up taxes, will automatically feed back up into the tax provision solution. Moreover, the system can fully automate country by country reporting, collecting all financial data and automating it within OneStream. This add-in also allows you to set up the entity classification from a drop-down menu of up to 13 entity classifications. This information will automatically roll forward from every period, from the first period from which you're using the system. On top of that, this add-in provides a tax provision solution. It has different schedules available for input within the solution. The solution is IFRS or US GAAP focused and deals with the P&L approach or the balance sheet approach for deferred taxes. By aggregating data across all entities within a multinational group, OneStream ensures precision in minimum tax calculations under Pillar 2, guarding against inaccuracies, non-compliance, and potential penalties. All of these benefits combine with the built-in advantages of OneStream's unified platform. CFO Solutions Can Help with OneStream and Pillar Two While Pillar Two regulations present new challenges for multinational enterprises, solutions like OneStream can significantly simplify the process of compliance. By automating and streamlining the process, this add-in helps businesses meet their global tax obligations, reducing both their tax liability and administrative burden. With the right tools and strategies, businesses can successfully navigate the challenges of Pillar Two compliance. It's not too late to prepare your team for the upcoming Pillar Two regulatory requirements. Book time with CFO Solutions Group today to discuss how OneStream and BDO's Pillar Two add-in can do for you. Contact CFO Solutions!

BDO appoints two new partners in London and Bristol. Justin Rodrigues joins the audit practice while Owen Burn is named VAT partner Friday, 14 August 2026, 10:44 Quick Poll What best describes your client or business mix? One click - no sign-up All data is anonymised. Polling helps Accountancy Group better understand the Accountancy Today audience and tailor its editorial. BDO has announced the appointment of Justin Rodrigues and Owen Burn as partners in its London and Bristol offices, expanding its leadership team. Rodrigues, who has 15 years of audit experience, joins as an audit partner in London after moving from accountancy firm Forvis Mazars. Meanwhile, Burn takes the role of VAT partner in Bristol following a move from S&W. He has worked in the tax sector for 20 years. Louise Sayers, head of people, culture and purpose at BDO, said: "Justin and Owen both bring deep technical expertise, strong leadership experience and an impressive track record of building trusted client relationships. "Their appointment strengthens our partnership and reinforces our continued investment in hiring talented people. We're delighted to welcome them both." Published: Friday, 14 August 2026, 10:44