PwC global revenues top £11bn

PricewaterhouseCoopers, the world’s biggest
accounting firm has reported an 11% increase in gross worldwide revenues.

The firm’s network of practices earned a combined $22bn (£11.5bn) for the
financial year ending 30 June 2006.

There was strong growth in revenue from PwC firms based in developing markets
with a 26.4% increase in Central and Eastern Europe, 22.7% in South and Central
America and 16.8% in the Middle East and Africa.

Revenues from North America and The Caribbean were up 12.1% and in Asia,
revenues increased 11.9%.

‘Revenues for the PwC international network were particularly strong in
2006,’ said global CEO
A. DiPiazza, Jr
. ‘We saw healthy growth across the globe, driven by the
strength of our brand and services, buoyant economic conditions and the hard
work and commitment of our 140,000 strong PwC team,’ he added.

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