Professional Services Monitor: Today

 

July 23, 2008

Deloitte Releases Global Revenues for FY2008

Filed under: Deloitte,Firms — psmtoday @ 12:56 pm

Via CFO.com

Deloitte Touche Tohmatsu announced Tuesday that its annual revenues were $27.4 billion, the sixth consecutive year the Big Four firm’s revenues have grown by a double-digit percentage.

The accounting firm said those results, aggregated from all its member firms for fiscal year 2008, represented a year-over-year increase of 18.6 percent. The firm also said it had added 15,000 employees to its ranks, for a total of 165,000 employees worldwide.

The largest single share of Deloitte’s revenue comes from its audit business, which grew 14.8 percent to $12.7 billion. The firm said its financial advisory services grew even faster, at 26.6 percent, to $2.4 billion, followed by consulting services, which grew 22.2 percent to $6.3 billion. Tax and legal services grew 20.4 percent to $6.0 billion.

Deloitte is the first of the Big Four to release FY2008 results.