DELOITTE REVENUES have smashed records with the highest figure ever recorded by a global member network firm for the year ended 31 May 2011.
Aggregate revenues leapt 8.4% to $28.8bn (£18.6bn), with growth led by star results in developing markets across Asia Pacific and the Americas.
The revenue rise is the strongest since 2008 and global head Barry Salzberg said the results demonstrate the “strength and resilience” of the firm’s business model.
Deloitte’s global workforce grew 7.1% in the last year to 182,000 professionals worldwide, and the figure is expected to rise to 250,000 by 2015.
Financial advisory and consulting were the strongest service lines, expanding by 15.1% and 14.9% respectively.
“Overall, [our] strong revenue growth is a direct result of member firms’ unrelenting focus on strategic priorities and excellence in client service,” said Salzberg.
Smith & Williamson has named Grant Hotson as group finance director
PwC’s UK risk assurance practice is on track to recruit more than 1,000 technology specialists over the next four years to meet increasing client demand for digital, regulatory and cyber security services
Cowgill Holloway Business Recovery has concluded the sale of assets of film distributor Metrodome to independent movie distributor 101 Films following appointment as administrators
British Accountancy Awards judge Carl Reader gives his tips for making the most of any awards process - whether in or out of the accountancy world