BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Deloitte revenue down, employees up ... mystery behind the numbers]]>http://www.bloggingstocks.com/2009/10/26/deloitte-revenue-down-employees-up-mystery-behind-the-numbe/http://www.bloggingstocks.com/2009/10/26/deloitte-revenue-down-employees-up-mystery-behind-the-numbe/http://www.bloggingstocks.com/2009/10/26/deloitte-revenue-down-employees-up-mystery-behind-the-numbe/#commentsFiled under:

Brutal economic conditions unsurprisingly hit global accounting giant Deloitte Touche Tohmatsu this year.

The firm reports that revenue for fiscal 2009 (which ended May 31) fell 4.9% from the year before, settling at $26.1 billion. A decline in deal flow and the economic downturn around the world are cited as the primary reasons for the performance. Only the consulting business posted a gain. At the same time, Deloitte's workforce grew globally by 40,000 to 169,000, but the net increase masks a turbulent year for the employees.

Continue reading Deloitte revenue down, employees up ... mystery behind the numbers

Deloitte revenue down, employees up ... mystery behind the numbers originally appeared on BloggingStocks on Mon, 26 Oct 2009 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>accounting firmauditorsbearingpointbig fourconsultingconsulting firmdeloittedeloitte touche tohmatsufinancial advisorsinthenewskpmgtaxtax advisersMon, 26 Oct 2009 14:40:00 EST