Who / What
Deloitte is a multinational professional services network based in London, United Kingdom. It's the largest professional services network globally by revenue and employees. The firm operates as one of the "Big Four" accounting firms, alongside EY, KPMG, and PwC.
Background & History
Deloitte originated in London, England, in 1845, founded by accountant William Welch Deloitte. The firm expanded to the United States in 1890. It is structured as a network of member firms under Deloitte Touche Tohmatsu Limited, a private company limited by guarantee incorporated in England and Wales.
Why Notable
Deloitte holds significant global influence as the largest professional services network, providing services across various fields. As one of the Big Four accounting firms, it plays a crucial role in auditing, tax, consulting, and financial advisory services for major corporations worldwide. Its size and reach make it a key player in the global economy.
In the News
Deloitte continues to be a prominent force in the professional services sector, adapting to evolving business needs and technological advancements. The firm is regularly featured in news related to corporate finance, regulatory changes, and consulting trends due to its extensive client base and impact on industries globally.