Introduction to Deloitte Touche Tohmatsu
Deloitte Touche Tohmatsu Limited, usually referred to as Deloitte, is one of the Big 4 accountancy firms (other firms are PricewaterhouseCoopers, Ernst & Young, and KPMG). Deloitte is considered as the second largest professional services firm in the world, featuring 1,82,000 employees in more than 150 countries proffering tax, audit, enterprise risk, consulting, and financial advisory services. The company holds its headquarters in Paramount Plaza, New York City, New York, and Midtown Manhattan.
Deloitte is one of the biggest auditing and accounting firm world wide that is head quartered in New York. Deloitte was formed in the year 1845 and is now expanded over throughout the world in nearly 150 countries. Deloitte specialises in not only tax and auditing but also consulting, financial and advisory services and has been consistently awarded second in the top ten auditing companies for two years in a row.
For several years, the organization and its network of firms was legally organized as a Swiss Verein. On July 31, 2010, the members of the Verein became a part of the Deloitte Touche Tohmatsu Limited (DTTL), a UK private company. Each of these member firms included in its global network remains an individual and independent legal entity, entitled to the laws and professional policies of a specific country or countries in which it functions.
Deloitte member firms proffer services in the following functions, along with country specific variations on their legal implementation. The main services proffered include:
- Audit and enterprise risk services
The firm provides the organization’s customary accounting and auditing services, in addition to offerings in information security and privacy, enterprise risk management, project risk, data quality and integrity, business continuity management, IT control assurance, and internal auditing.
The firm aids clients by proffering services in the fields of technology integration, enterprise applications, strategy and operations, short-term outsourcing, and human capital.
- Financial advisory
The firm provides corporate finance services to its clients, counting dispute, forensics, personal and commercial bankruptcy, e-discovery, advisory and valuation services, and document review.
The firm assists the client in increasing their net asset value, undertaking the transfer pricing and international tax activities of multinational companies, implementing tax computer systems, minimizing the tax liabilities, and providing advisory tax implications of various business decisions.
- Other services
The other services provided by the firm include specialized services to the clients in the areas of International Financial Reporting Standards (IFRS), clients with interest in Japan and China, and others.
Deloitte, the Brand name
Deloitte is one of the best preferred brands to work with. Deloitte has hundreds of professionals working throughout the world as separate identities, but still belonging to Deloitte Touche Tohmatsu Limited or DTTL, which is a UK company limited by agreement.
The company has achieved great success since its inception and continues to do so with hard work and total dedication to client and customer satisfaction. Spread in over 150 countries world wide, Deloitte has dedicated staffs that puts in their best efforts in order to provide the best accounting and audit services. Their main aim is to provide excellent services to their customers and clients and they have put maximum efforts in attaining it too.
Deloitte values its reputation and makes sure that they provide with great financial services and practice responsible business practices when dealing with their clients. The shared value across the Deloitte companies all over the world is what makes this company the much preferred choice for many people as not only aims at providing excellence in all of the services provided by them, but also make sure their services are delivered as per the clients expectations.
Deloitte provides audit and enterprise risk services, tax, financial advisory services, strategy, risk, assurance and consulting services in various industries like health care, banking and securities, automotives, power and u utilities, real estate, retail, media, life science, insurance and many more.
Deloitte has incorporated a “green” corporate responsibility where the outcome benefits not only the environment but also the company too.
Awards and Recognition
Deloitte has been on the Fortune’s list in the “Best 100 companies to work for” for the 12th time in a row. Deloitte has been ranked in the top ten best places to work for working mothers.
Deloitte has been named one of the Top Accounting Firms by Accounting Today, 2011 top 100 firms.
Deloitte has received the Sloan Award in 2011 for Business Excellence in Workplace Flexibility.