Please ensure Javascript is enabled for purposes of website accessibility

Deloitte Is the Biggest Accounting Firm in the World Again (No Thanks to Its Audit Business)

If you recall, Chez Salzberg put up a good number, $32.4 billion in global revenues to be precise. PwC, as we mentioned this morning, came in at $32.1 billion so yes, that puts Deloitte on top of the Big 4 heap again after it's one-year wonder back in FY10

In such a tight race, every dollar counts so the numbers in the Wall Street Journal give us an idea of how the firm clawed its way back to the top: 

PwC's advisory business rose 7.6%, compared with 1.4% for auditing. Deloitte's consulting revenue rose 7.1%, and its financial-advisory revenue was up 4.7%, compared with growth of 0.5% in auditing.

That decision to not spin off the consulting business is sure paying off in spades; be a shame if something happened to it.

As for the auditors — go back to your windowless conference rooms and we'll call for you when the advisory implodes. 

[WSJ]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

FUBAR keyboard key

Deloitte Risk Advisory Associate Director Who Praised Hitler on LinkedIn No Longer Works at Deloitte

Ed. note: this article’s headline has been changed as we don’t actually know if he got fired or not. Neerabh Mehrotra, formerly Associate Director at Deloitte India, has been let go after he gushed over Adolf Hitler’s charisma, intelligence, and confidence on LinkedIn. The post: Text transcription, courtesy Google Lens: ­čśŐFriday Inspiration­čśŹ Recently I picked […]

Deloitte Picks Up an EY Alum As Chief Tax Officer-in-Residence

This one is fresh off the newswire. Deloitte announced its Chief Tax Officer Program is bringing on Paul Stephens, a 25 year veteran of AT&T, to serve as independent senior advisor. His job will be to advise Deloitte Tax staff and senior leadership “while also helping CTOs and their finance organizations create value for their […]