Search Results for: Deloitte
Deloitte executive arrested in South Korea on charges for a multibillion dollar accounting fraud
November 7th, 2016
A former Deloitte Anjin executive was detained Wednesday on charges of deliberately ignoring a multibillion dollar accounting fraud involving embattled shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The Seoul Central District Court issued an arrest warrant for the former ...
Deloitte: Blockchain reinvents the financial services industry
November 2nd, 2016
Deloitte Global report highlights use cases for distributed ledger technology to transform the industry Distributed ledger technology (DLT), more commonly known as blockchain, is challenging traditional business models and providing new opportunities to reinvent financial services, according to a ...
Deloitte now focuses on blockchain technology and the Internet of Things (IoT)
October 19th, 2016
Deloitte Catalyst accelerates digital transformation by bringing together critical assets and capabilities from the domains of cognitive technologies, Internet of Things and blockchain and includes as initial members Narrative Science, Kira Systems, Ayasdi and Loyyal, among others. Deloitte Catalyst has enabled Deloitte to launch ...
Russia Suspends U.S. Auditor Deloitte
October 14th, 2016
U.S auditing company Deloitte has been sanctioned by Russia‘s Federal Treasury, the Kommersant newspaper reported Wednesday. The Russian Treasury suspended Deloitte and Touche CIS from Russia’s self-regulatory Auditing Chamber of Russia, preventing the company from taking part in tenders or entering into new contracts for ...
Deloitte likes blockchain for loyalty rewards programmes
October 13th, 2016
Big four consultancy firm Deloitte has published a report examining how loyalty rewards programmes can be optimised by blockchain-based technology. Customer loyalty programs are not realising their full potential due to low client retention and redemption rates, time delays, ...
Deloitte to create North West Europe firm
October 5th, 2016
Investment will focus on clients, talent and building capability; Combined firm will generate over €5bn of revenue with 28,000 partners and staff. Deloitte today announces that its Belgian, Danish, Dutch, Finnish, Icelandic, Norwegian and Swedish member firms will combine ...
KPMG, EY, PwC, Deloitte, Accenture’s new weapons: toys, tech and Play-Doh
September 15th, 2016
Think of it as the consultant’s version of an arms race – but played out with fancy gadgets. KPMG’s new Innovation Lab, located at the accounting and advisory firm’s Barangaroo digs in Sydney, is designed to unsettle clients so ...
Deloitte announces record global revenue of $36.8bn
September 8th, 2016
Deloitte has reported aggregate network revenue of $36.8bn for the fiscal year ended 31 May 2016, representing 9.5% growth in local currency terms. Risk advisory grew the most at 22.5%, driven by high demand for cyber and regulatory services, ...
Deloitte expands business at record levels but warns of Brexit “challenges”
August 30th, 2016
Audit wins underpinned the fastest revenue growth for 10 years at big-four accountants Deloitte. Group revenue increased by 11.2 per cent for the year to May 2016 to £3.1bn with distributable profit up 2.5 per cent at £608m. Deloitte ...
Deloitte is being sued after failing to flag up more than $200 million of money laundering
August 25th, 2016
A Dubai-based investment group is suing the Middle Eastern arm of Deloitte and Touche after the accounting firm failed to flag up money laundering at a now-defunct Lebanese bank. Lebanese Canadian Bank paid over $100 million, or £76 million, ...
