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The latest news and information from Deloitte LLP and its subsidiaries. Press releases date back approximately 12 months, with the most recent appearing at the top of the page.

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Deloitte Helps Academic Community Prepare Students For Sweeping Changes To U.S. Accounting Profession May 15, 2008 CHICAGO, May 15, 2008 — Deloitte today announced that it is forming an International Financial Reporting Standards (IFRS) University Consortium, through which it will contribute its time, experience and resources as an investment in education to address the urgent need to help bring IFRS curricula into college classrooms. Through Deloitte’s IFRS University Consortium, Deloitte is contributing resources to Ohio State and Virginia Tech universities to assist the schools in developing IFRS curricula.

The announcement was made at the...

Manufacturers Feel the Heat Over Emerging Market Sourcing May 14, 2008 NEW YORK, May 14, 2008 — Heightened publicity over product recalls has made product safety, as well as product quality and environmental standards, in emerging markets a hot-button issue. According to a new “Innovation in Emerging Markets” annual study by the Deloitte Touche Tohmatsu (Deloitte) Global Manufacturing Industry group, boards of directors, senior management and investors of global manufacturers across industry sectors are sitting up and taking notice. Roughly two-thirds or more of both developed market and emerging...
Deloitte Awarded Opportunity To Respond to Military Health System Contracts May 5, 2008 WASHINGTON, D.C., May 5, 2008 -- Deloitte has been awarded the opportunity to contract with the U.S. Department of Defense (DoD) Military Health System (MHS) to provide strategy, operations and technology consulting support.

The TRICARE Evaluation, Analysis and Management Support (TEAMS) contract is a multiple-award vehicle and one of the largest federal government Indefinite Delivery/Indefinite Quantity (IDIQ) contract opportunities Deloitte has secured.

“Deloitte was awarded this opportunity because of our specific blend of commercial health care and federal client service experience, our broad...

President Bush Recognizes Deloitte as Exemplary Corporate Citizen April 29, 2008 WASHINGTON, D.C., April 29, 2008 — In a speech today to the nation’s foremost community service leaders gathered at the White House to celebrate National Volunteer Week, President George W. Bush recognized Deloitte for its leadership and commitment to workplace volunteering.  Just prior to the speech in a private ceremony, the president personally awarded the President’s Volunteer Service Award to Barry Salzberg, chief executive officer of Deloitte LLP, in honor of the organization’s...
Missing Out: New Deloitte Survey Finds Most Corporations Overlook Cost-Effective Opportunity to Unlock New Training and Development Resources April 28, 2008 NEW YORK, April 28, 2008 — According to the fifth annual Volunteer IMPACT Survey by Deloitte, the overwhelming majority of human resource professionals view skills-based volunteerism as a powerful and cost-effective professional development tool, yet very few companies are leveraging volunteer programs for this purpose.

The national survey of Fortune 500 human resource managers found that, while training and development is perceived as vital to corporate success, many managers are laboring under shrinking or flat budgets, underscoring the need for cost-effective...

Deloitte Named a Leader in Oracle Implementation Services April 21, 2008 NEW YORK, April 21, 2008  — Leading independent analyst Forrester Research has ranked Deloitte as a market leader in the Oracle implementation services market. Forrester concluded that Deloitte member firms have established themselves as leaders in Oracle implementation services thanks to their “overall implementation capability and strategy.”

The Forrester report titled, “Forrester Wave™: Oracle Implementation Providers, Q1 2008,” evaluates the relative capabilities and service offerings of leading global Oracle...
Antifraud Compliance Getting More Complex for Hospitals April 21, 2008 NEW YORK, April 21, 2008 – The Deloitte Forensic Center reports that complying with federal statutes and regulations continues to get more complex for hospitals. Almost all physicians have ethical, mutually beneficial relationships with their hospitals, health systems and suppliers. That doesn't mean, however, that hospitals or the physicians they enter into contractual arrangements with can ignore required documentation that helps support that the arrangement is valid and meets the appropriate regulatory requirements.

Intended to address perceived abuse of Medicare and Medicaid spending, these statutes and their...

Deloitte Poll: Less Than One-Third Of Companies Are Increasing Internal Controls To Prevent FCPA Violations April 17, 2008 NEW YORK, April 17, 2008 — While hundreds of millions in fines and dozens of executives have been charged with Foreign Corrupt Practices Act (FCPA) violations, less than one-third (32 percent) of respondents to a Deloitte online poll reported that their companies are increasing internal controls to prevent such violations.

“FCPA prosecutions have increased dramatically in recent years, and all indications are that this trend will continue,” said Ed Rial, leader of Deloitte’s Foreign Corrupt Practices Act Consulting practice.  “The Department of Justice and Securities and Exchange...

Deloitte Index: Consumer Spending Continues to Fall, with Unemployment Claims Trending Upward April 16, 2008 NEW YORK, April 15, 2008 – With the U.S. economy in a recession, the trend toward reduced consumer purchasing is accelerating, the Deloitte Research Leading Index of Consumer Spending has found.

"Consumers face a growing number of financial challenges," said Carl Steidtmann, chief economist with Deloitte Research and author of the monthly index. "The index fell in February 2008 to 1.39 percent, from a revised gain of 1.59 percent a month ago."

The index attempts to track consumer cash flow as an indicator of future consumer spending.

"Cyclical increases in unemployment claims may continue to deter...

Deloitte Named to DiversityInc's 2008 Top 50 Companies for Diversity List April 10, 2008 NEW YORK, April 10, 2008 — Deloitte has been named to DiversityInc’s 2008 Top 50 Companies for Diversity list.  This important annual industry recognition reinforces the organization’s commitment to delivering leading edge diversity management practices and fostering a culture of inclusion in which all of its professionals thrive.  Deloitte captured the 16th spot on the list, up three from last year. 

“At Deloitte, we are 100 percent committed to creating the programs and initiatives necessary to recruit, develop and retain the best and most diverse talent in the...

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