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.
Richard White, Nicola Westbrooke and Richard Ross all join from KPMG, where they oversaw the real estate tax practice
Sheryl Davis joins the firm's High Wycombe office from Barnes Roffe
The appointments have been made across the VAT, audit and international tax teams
The firm has made six partner appointments, including five promotions, to the audit, corporate finance and private client tax practices