The Washington Redskins Names BDO USA, LLP Official Exclusive Accounting Partner

CHICAGO, July 25, 2013 /PRNewswire/ -- BDO USA, LLP, one of the nation's leading accounting and consulting organizations, today announced that it has been named the official exclusive accounting firm of The Washington Redskins.  Under the agreement, BDO will provide audit and tax services to the Virginia-based National Football League organization (also known as Washington Football, Inc.), assisting the business with financial reporting needs, as well as providing counsel on issues including revenue recognition and debt transactions, franchise related initiatives and market trends and opportunities.

"We are thrilled to serve as the exclusive accounting firm of The Washington Redskins," said Wayne Berson, CEO of BDO USA, LLP.  "The team's focus on providing a winning experience for fans and business partners complements BDO's commitment to excellence and unwavering focus on the client relationship.  We look forward to offering strategic counsel on financial, technical and business related issues, as well as sharing best practices from our extensive experience in serving sports industry clients."

"We are delighted to work with BDO, a clear leader in tax, assurance and consulting," said Stephen Choi, Chief Accounting Officer for The Washington Redskins.  "We are confident that BDO will provide us with high quality service that will help yield maximum efficiency and optimal productivity for our operations and executives, which is critical in our line of business."

BDO has provided audit, tax and consulting services to teams representing every major sports franchise including the NFL, NBA, MLB and NHL.  The firm's consulting group provides key support in tax accounting for various sports teams on initiatives including IRS audits, buy and sell side transactions, construction accounting, operations, player contracts, stadiums, arenas, team shops, media and advertising.

BDO's Greater Washington D.C. office, which will serve as the primary point of contact for The Washington Redskins relationship, has received the award for "Workplace Excellence Seal of Approval" from 2006 through 2012.

About BDO USA
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through 49 offices and more than 400 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of 1,204 offices in 138 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. 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 Firms. For more information please visit: www.bdo.com.

SOURCE BDO USA, LLP