Revenues climbed from $12.4bn in 2001 to $12.5bn (£7.9bn) in 2002, and although this was the ninth consecutive year of positive growth for the firm, the previous two years had seen growth rates of 14% and 21% respectively.
Stripping out the revenues from Deloitte Consulting, which DTT plans to separate by year-end to become Braxton, global revenues grew by 4.5%.
DTT said the year had seen the return of some 3,000 staff to the New York office, which had been damaged in the 11 September terrorist attacks of 2001, as the firm had offices in the adjacent World Financial Centre.
It was the only Big Four firm to have offices in lower Manhattan, and claimed the attacks had had a ‘significant adverse impact’ on US revenues.
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars
Investment in people, tech and businesses impacts on EY's profit per partner figure
RSM has appointed Kevin Edwards as a tax partner in its Nottingham office