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A pedigree of innovation

A pedigree of innovation 

In the history of Deloitte, accounting plays a central, but not an exclusive role. Over the past 150 years, the focus has shifted from basic record keeping to sophisticated financial reporting. The history of Deloitte not only records the development of accounting in Canada, it is also a study in the evolution of professional services – from the days when bookkeepers in “public practice” focused mainly on estates, trusts and liquidations, to the diverse service offerings of today in which auditors, tax specialists, management consultants and financial advisors routinely assist organizations in addressing a wide range of financial, operational, regulatory and other matters.

Philip S. Ross, Deloitte’s earliest founder, was quite an innovator. He made improvements to his operations and built his business by identifying the needs of his clients and earning their trust. As he developed new services and methodologies to help his clients and his firm succeed, Ross set the stage for the emerging accounting profession –and for the future of professional services in Canada.

Many other professional services pioneers set the stage for the Deloitte of today. In the early years of the 20th century, the firms started by William Welch Deloitte and George A. Touche in the UK had established offices in Canada. In 1909, J. Arthur LaRue founded the first public accounting office in Quebec City, and the first French-Canadian practice in the province. His firm served a prestigious clientele and eventually became the Samson Bélair firm, which after a later merger became Samson Bélair/Deloitte & Touche in Quebec.

Through 150 years of history – Canada’s birth as a nation, two world wars interspersed with a depression, the baby boom and the age of technology, the firm that has become today’s Deloitte has prided itself on anticipating the needs of clients and meeting those needs with innovative services delivered with relentless pragmatism.

These days, a contemporary Deloitte continually looks around the corner for its clients, helping them stay competitive in the current business environment, while adapting to emerging market trends and expectations such as Corporate Responsibility, International Financial Reporting Standards and Computer Forensics.

As a leading professional services firm, Deloitte’s broad range of fully integrated services span accounting, assurance and advisory, tax, risk management, business, financial and human capital consulting.

Today, Deloitte’s integrated approach combines insight and innovation from multiple disciplines with business and industry knowledge to help clients excel anywhere in the world.

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