Deloitte Releases Global Revenues for FY2008
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.
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