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Deloitte's Global Press Releases page contains links to news and information about the firm's activities around the world. Press releases in this area of the site date back approximately 18 months, with the most recent appearing at the top of the page.

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Deloitte Rated as a Leader in Enterprise Risk Management by Independent Research Firm November 4, 2005 New York, October 27 — A new report on the Enterprise Risk Management (ERM) consulting services marketplace from respected independent researcher, Forrester Research, gives Deloitte Touche Tohmatsu member firms the highest overall service offering score. The report, "The Forrester Wave: Enterprise Risk Management Consulting Q4 2005," was released by Forrester earlier this week.

The Forrester Wave: Enterprise Risk Management Consulting Q4 2005 evaluates the relative capabilities of the...

Deloitte Announces Second China Merger September 1, 2005

New York, September 1, 2005 —  Deloitte Touche Tohmatsu China today announced a merger with Pan-China Schinda, one of the top CPA firms. This is the second merger for Deloitte China in the Mainland this year. The first merger effective 1 June 2005 was between Deloitte China and Beijing Pan-China CPA Ltd.

Mr. William G. Parrett, CEO Deloitte Touche Tohmatsu said, "China is a strategic market for Deloitte. Within the next five years Deloitte China will more than double its head count to over 10,000 and with...

Deloitte Celebrates Prosperous Future in Korea August 29, 2005 Seoul, August 29 — William G. Parrett, CEO Deloitte Touche Tohmatsu today (DTT) announced in Korea the name of a strengthened Deloitte member firm — Deloitte Anjin LLC, the result of a recent transaction between Deloitte Hana and Anjin LLC. At the same time he officially celebrated the new firm opening at a reception attended by 500 global and regional Deloitte leaders, clients, government officials and the media.

Mr. Parrett said, "After the merger Deloitte Anjin LLC is now the second...

Deloitte UK Plays Key Role in London’s Olympic Win July 21, 2005 London, July 21, 2005 — The story of London's come-from-behind win for the 2012 Olympics has well-known names like gold medalist Sebastian Coe and Prime Minister Tony Blair. But some Deloitte UK professionals can also share the credit.

The Deloitte member firm in the UK is one of 16 official champions of the bid, which has been a marathon effort. For seven years, London has been developing its strategy to host the international games, and the bid team, which includes Deloitte UK audit partner Neil Wood, has worked on the proposal's logistics for the past 12 months....

Deloitte CEO William Parrett Addresses International Corporate Governance Network Annual Conference in London July 7, 2005 London, July 7, 2005 — "To facilitate better corporate governance and more consistent business practices across borders, national regulatory authorities must work more closely," said Deloitte Global CEO William G. Parrett to an audience committed to strengthening global corporate governance. "Let's begin by getting together."

Speaking at the International Corporate Governance Network (ICGN) Annual Conference in London, Mr. Parrett called on national regulators to convene a special summit before the end of the year to initiate a sustainable formal dialogue that can help develop a more uniform global regulatory...

Deloitte Helps China and Japan Negotiate Significant Cross Border Tax Agreement June 24, 2005 New York, June 24, 2005 — Tax authorities of China and Japan have negotiated the first-ever advance pricing agreement (APA) for a major Japanese electronics company. The historic agreement will likely make it easier for multinational companies from other countries to invest in China, while reducing the risk of double taxation. This development could contribute to additional foreign investment into China from multinational companies, and will be particularly attractive to the many technology companies looking to expand in the region.

This agreement demonstrates China's State Administration of Taxation's new confidence in...

Deloitte Predicts US$18 Billion Revenue and 10 Percent Growth as Almost 250 Leaders Meet In New York to Plan Future Growth June 9, 2005 New York, June 9, 2005 — Almost 250 Deloitte member firm leaders from around the world are meeting in New York this week. They will determine how best to meet the changing expectations of their various stakeholders and grow the businesses of the member firms of the global organization that today announced estimated aggregate member firms revenues of US$18 billion.

Preliminary figures suggest FY05 aggregate member firm revenue growth of more than 10 percent, consistent with an increase in demand for services. Audit and enterprise risk services showed the strongest growth at almost 15 percent; followed by...

Deloitte Helps China and Japan Negotiate Significant Cross Border Tax Agreement June 8, 2005 New York, June 8, 2005 — Tax authorities of China and Japan have negotiated the first-ever advance pricing agreement (APA) for a major Japanese electronics company. The historic agreement will likely make it easier for multinational companies from other countries to invest in China, while reducing the risk of double taxation. This development could contribute to additional foreign investment into China from multinational companies, and will be particularly attractive to the many consumer business companies looking to expand in the region.

This agreement demonstrates China's new confidence in APAs and the fact that both...

Tens of Thousands of Deloitte Professionals Worldwide Take Part in IMPACT Day June 1, 2005 New York, June 1, 2005 — During the first two weeks of June, the people from many Deloitte Touche Tohmatsu member firms around the world will join forces to make an impact on their communities. Professionals in more than 20 countries, from Australia to Zimbabwe, plan to participate in activities in the spirit of IMPACT Day.

As community involvement takes on different forms around the world, IMPACT Day activities will be as diverse as the member firms taking part.

  • In South Africa, member firm professionals will provide career guidance to owners of small businesses, visit schools and...
Deloitte and UNDP Join Forces for Tsunami Reconstruction May 25, 2005 United Nations, May 25, 2005 — A number of  member firms of Deloitte Touche Tohmatsu, one of the world's leading professional services organizations, have begun providing 14,000 hours of pro bono advisory services to the United Nations Development Programme (UNDP). UNDP hopes that this advice will help it to mobilize tsunami reconstruction funds efficiently and transparently.

The first Deloitte team (consisting of people from various member firms), recently began work in Indonesia and will review UNDP reconstruction operations in affected areas. The team will recommend methods to improve reporting, review existing control...

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