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Deloitte member firms have reported record aggregate revenues of US$34.2 billion for the year to 31 May 2014.
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Deloitte announces record revenues
25 September 2014
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The global firm reported accelerated demand for its range of services in all regions of the world with aggregate revenues reportedly up 5.7 per cent.
Deloitte Australia announced, earlier this year, revenues of AUD$1.16 billion for the year to May 2014.
The member firms' growth in aggregate revenues was led by consulting, which experienced double-digit growth (10.3 per cent in local currency), followed by tax and legal (7.7 per cent). Financial advisory and enterprise risk services also experienced strong growth with 6.8 per cent and 4.2 per cent respectively, the firm said.
Barry Salzberg, Deloitte Touche Tohmatsu Limited chief executive said the result reflects the firm’s efforts to stay ahead of the considerable disruption facing clients, people, and society.
“Member firms remain sharply focused on their unique ability to address the specific needs of their clients through distinctive breadth of skills, deep industry knowledge and strategic investments, while bolstering trust in the marketplace, hiring and developing the best talent, and delivering value to society.”
Deloitte said it will continue to invest heavily in innovation, with an emphasis on driving differentiation in its core businesses including investment in technology, advanced analytics, new business models and sector-specific solutions, as well as people, to provide top-of-the-line services.
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One such example is Deloitte’s commitment to audit quality and innovation, the firm said.
“As leaders in our profession, Deloitte engages with regulators worldwide to promote necessary reforms and improve quality for all stakeholders. Deloitte is one of the world’s most trusted providers of audit services and our network will continue to focus on delivering a uniquely high-quality experience in this important responsibility to business, capital markets and society,” said Mr Salzberg.
In the year to May 2014, Deloitte member firms hired 54,000 professionals across the globe, growing its workforce by 3.7 per cent to 210,400.
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