BKD at a Glance
BKD, LLP, a national CPA and advisory firm, can help individuals and businesses realize their goals. Our dedicated professionals offer solutions for clients in all 50 states and internationally. BKD and its subsidiaries offer clients a variety of services in accounting, audit and assurance, tax, risk management, technology, corporate finance, forensic and valuation services and wealth management. We combine the insight and ideas of multiple disciplines to provide solutions in a wide range of industries, including health care, manufacturing, distribution, financial services, construction and real estate, as well as government entities, higher education institutions and not-for-profit organizations.
|Clients||Closely held businesses, publicly traded companies, governmental entities, not-for-profit organizations and individuals|
|Total Personnel||Approximately 2,400|
|Partners & Principals||Approximately 260*|
|FY 2015 Revenues||$496 million*|
|Fiscal Year End||May 31|
|Locations||34 offices in Arkansas, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Mississippi, Missouri, Nebraska, Ohio, Oklahoma, Pennsylvania, Tennessee and Texas|
|* Includes fiscal year 2015 acquisitions.|
|BKD Corporate Finance, LLC provides merger and acquisition, sales, management buyout, recapitalization and financing services. Member FINRA and SIPC.|
|BKD Wealth Advisors, LLC is an investment advisory firm registered with the Securities and Exchange Commission, providing the WealthPlan solutions of personal wealth planning, investment management and estate planning.|
|BKD Insurance, LLC, is a wholly owned subsidiary of BKD, LLP.|
|BKD Foundation is our 501(c)(3) not-for-profit foundation, enriching BKD’s local communities with financial support and our commitment of time.|
The mission of BKD is to always strive for excellence in providing services to clients, create rewarding career opportunities and maintain sound professional, business and financial standards.
The firm is the largest U.S. member of Praxity, AISBL, a global alliance of independent firms. We offer multinational clients a gateway to the global marketplace with services delivered by alliance firms committed to the highest standards required in international business.
As a member of the American Institute of Certified Public Accountants (AICPA), BKD also is a member of its Private Companies Practice Section (PCPS) Firm Practice Center and its three quality centers: Center for Audit Quality, Employee Benefit Plan Audit Quality Center and Governmental Audit Quality Center.
BKD is registered with the Public Company Accounting Oversight Board (PCAOB), which is required to serve as an independent auditor of public companies. BKD audits approximately 80 U.S. Securities and Exchange Commission registrants, including approximately 30 benefit plan audits.
BKD PCAOB Inspection Report
BKD, LLP underwent an inspection of our public company audit practice by the Public Company Accounting Oversight Board in August 2014. As with most firms that have a significant number of issuer clients, the inspection report dated October 1, 2015 stated the inspection team identified deficiencies in some individual engagements inspected.
The application of auditing standards requires significant judgment, and in specific circumstances we may have differing views on the appropriate application of accounting principles and auditing standards. We have carefully evaluated the matters described in the inspection report and believe we have taken actions to address each matter in accordance with PCAOB standards.
BKD remains committed to the highest standards of audit quality and fully supports the PCAOB’s inspection process in improving audit quality to better meet the needs of investors and serve the public interest.
We invite you to view the full report and our response, which can be found on the PCAOB website under the “Inspections” tab or at bkd.com. We also invite you to view our unmodified peer review report on our non-SEC accounting and auditing practice at the AICPA website under the “For the Public” tab.