Big Five firm Arthur Andersen has announced a 17% rise in worldwide revenues to $6.1bn for the past fiscal year.
The European region ? which also includes results from the Middle East, India and Africa ? saw a growth of 22% to $2.14bn. The biggest increase was in Latin America where revenues rose by 32% to $280m.
The firm’s largest service category, the Assurance and Business Advisory practice, grew by 10% worldwide.
‘We are extremely pleased with our results,’ said Jim Wadia, worldwide managing partner. ‘In addition to growing our revenues, we experienced significant growth in personnel, from 53,000 people in 1997 to more than 61,000.’
Further details, and Ernst & Young’s UK results, will be published on 26 November in Accountancy Age and on the Web site
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice