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.
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 became was knighted in 1917. He died in 1935.
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 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.
The Deloitte Touche Tohmatsu Limited member firm in Indonesia originated from the merger of three Indonesian public accounting and consulting firms in 1990, and became Hans Tuanakotta & Mustofa (HTM) for the audit practice and Capelle Surjadinata & Setiawan (CSS) for tax and management consulting services. The Founders of Deloitte Indonesia practice are Hans Kartikahadi, Theodorus M. Tuanakotta, Mustofa, Paul Capelle, Surjadinata Sumantri, Edy Setiawan, and Irwanta Wanatirta. The legacy of the Founders has provided a continuing strong foundation for the practice.
Brief history of how the legal entity evolved:
It has been Osman Bing Satrio & Eny commitment to assist clients and the people to excel. Osman Bing Satrio & Rekan focus is not merely on increasing the number of clients and people, but more on helping clients to improve and excel, supported by highly qualified and upright professionals.
Osman Bing Satrio & Eny is now located in Jakarta and Surabaya, serving companies listed in the Indonesian Stock Exchanges as well as multinational and large national enterprises, public institutions, and fast growing companies.