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Deloitte's forefathers

William Deloitte, George Touche and Admiral Nobuzo Tohmatsu

Video | 3:49 mins

Deloitte takes you back through 168 years of our shared history. When was the firm founded? Who were the key players? What global events helped to shape and create the Deloitte we know today?

 

William Deloitte

William Deloitte

William Deloitte, was the Grandson of Count de Loitte who fled from France to England during the French Revolution. He started his career in 1844 at the age of 15 and became one of the fathers of the accountancy profession. He learned the business at the Bankruptcy Court in London. When he opened his own office he made his name with the industry of the day - the railways. He discovered frauds and invented a system for railway accounts which protected investors from mismanagement of funds. In 1893 he opened offices in the US.

 

George Touche

George Touche

When George Touche became an accountant in 1883 there was no 'e' on the end of his name. It was pronounced in the Scottish way of Toch. However by 1906, with a view to preventing the mispronunciation of his surname, he had changed it to Touche. Financial disasters in the new and booming investment trust business gave him his business opportunity. His flair for saving doomed businesses from disaster also enhanced his reputation. Touche was knighted in 1917. He died in 1935.

Admiral Nobuzo Tohmatsu

Admiral Nobuzo Tohmatsu

The Japanese firm of Tohmatsu owes its origins to Admiral Nobuzo Tohmatsu. At the Naval Paymasters' Academy he taught Iwao Tomita who, after the war, established an office in Tokyo. In 1968 he joined with his old mentor, Tohmatsu, and they founded Tohmatsu in order to assist the Japanese Government in founding national audit corporations. The key to Tohmatsu's growth was to become internationally focused. They sent a substantial number of partners overseas to gain experience, which resulted in long-standing worldwide clients who are still with the practice today.

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