Deloitte Touche Tohmatsu reported that its aggregate member firm revenue increased by 18.6 percent in U.S. dollars, and 13.0 percent in local currencies, to $27.4 billion in fiscal 2008.

The increase marks Deloitte’s sixth consecutive year of double-digit revenue growth from continuing operations. The firm said that every service line and geographic region delivered strong growth. Aggregate revenues in fiscal 2007 were $23.1 billion.

Deloitte grew by approximately 15,000 people in the past year, especially in emerging markets. Member firms in Brazil, Russia, India and China grew 90 percent in the number of professionals in the past three years. The firm now has approximately 165,000 employees in about 140 countries.

Deloitte’s financial advisory services led the way, growing 26.6 percent to $2.4 billion in fiscal 2008. That was followed by consulting services, which grew 22.2 percent to $6.3 billion. Tax and legal services increased 20.4 percent to $6.0 billion, and audit services grew 14.8 percent to $12.7 billion.

The Asia Pacific region led with revenue growth of 30.3 percent to $3.2 billion. Every Asia Pacific member firm delivered double-digit revenue growth. Europe, the Middle East and Africa increased revenue by 22.6 percent to $11.3 billion. The Americas revenues improved by 12.9 percent to $13.0 billion, with Latin America and the Caribbean leading the region with 22.4 percent revenue growth.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access