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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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Convergence to International Financial Reporting Standards in the cards for more than 90 percent of countries February 12, 2003 New York, February 12, 2003 - Research released today by the world's six largest accountancy firms shows that an overwhelming majority of countries - over 90 percent of a total 59 countries surveyed - intend to converge with International Financial Reporting Standards (IFRS). The findings, taken from GAAP Convergence 2002, found that 72 percent of countries intending to move towards IFRS have a formal policy in place to achieve this, in most cases aimed initially at listed companies. The results were drawn from research undertaken to gauge the extent and maturity of IFRS preparations around the globe.

"This year's survey reveals...

Deloitte Touche Tohmatsu Securitization Practice Takes Top Honor February 5, 2003 New York, February 5, 2003 - Deloitte Touche Tohmatsu announced today that its member firms have been named the world's Best Securitization Accounting Firm by the International Securitisation Report (ISR), a securitization trade publication based in London.  ISR recognized the winners at its annual awards ceremony held at the Dorchester Hotel in London on January 29.

ISR, a Thomson Financial publication, gathered written presentations with supporting data from securitization professionals around the world - including subscribers, issuers, investors and service providers.  ISR conducted more detailed interviews where appropriate. ...

Deloitte Touche Tohmatsu's Tax Practice Takes Top Honors in Global Survey December 19, 2002 New York, December 19, 2002 - Deloitte Touche Tohmatsu's Tax practice has been ranked #1 in Euromoney Legal Media Group's 2002 World's Leading Tax Adviser Survey. In addition to attaining this global honor, Deloitte's national practices also topped the ranks in the United States, United Kingdom, Belgium, Hong Kong, and Japan. The results of the bi-annual survey are compiled from responses to 5,000 questionnaires sent to in-house tax experts and chief financial officers at the world's leading international corporations and financial institutions.

"As with any business, continued success is possible only through maintaining a high...

Europe's Health and Life Sciences Companies Rally to Compete Globally September 9, 2002 London, September 9, 2002 — Europe's health and life sciences sector is showing signs of robust growth despite the downturn in capital markets, according to a report released today by Deloitte & Touche.

The report, entitled "Surviving Uncertainty" tracks the financial and operational performance of nearly 1,800 businesses in Europe's mediscience sector, estimates that employment in the sector is growing at 23 percent a year.

Private equity and venture capital backing for the sector remains strong.  During 2000 and 2001 the European mediscience industry raised more than €1 billion from private equity and the signals are...

Deloitte hosts workshop at World Summit September 3, 2002 Deloitte hosted a workshop on trust and transparency in corporate governance during the World Summit for Sustainable Development in Johannesburg, September 2002. This account outlines the outcome of the discussions

Deloitte & Touche Completes Andersen UK Deal August 2, 2002 London, August 2, 2002 — Deloitte & Touche today completed its transaction with Andersen UK under which partners and staff of Andersen UK will join Deloitte & Touche.

John Connolly, Chief Executive and Senior Partner, commented, "The conclusion of this deal is excellent news for our people and the marketplace. We are confident that the extended range of skills, services and knowledge that the enlarged firm offers will bring great benefit to our clients and provide many outstanding development opportunities for our partners and staff.

"While the business climate remains challenging, I am confident that Deloitte will be...

Deloitte & Touche Announces Agreement in Venezuela July 29, 2002 Caracas, July 29, 2002 — Lara Marambio & Asociados, member firm of Deloitte Touche Tohmatsu in Venezuela, announces the signing of an agreement to bring the following Andersen professionals to their national practice: Salvador Porta Ferré, Francisco Cachafeiro, Humberto Romero-Muci, Francisco Acosta, Adriana Blanco, Douglas Chemaly, Daiwal Dood-Persaud, Héctor Gutiérrez, José Laría, Carmen Rincón, Luis Fraga, Mercedes Rodríguez and Ariel Solano. With the arrival of these outstanding professionals, Deloitte & Touche will become the leading professional services firm in the country, and the third largest in the Latin America region following...
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