Mario Christodoulou, Accountancy Age, Tuesday 5 October 2010 at 17:14:00

Firm sneak ahead of rival as world's largest firm

It might be by the narrowest of margins, but Deloitte has inched ahead to lay claim to the title of world?s largest professional services firm.

If it were a race, Deloitte would be ahead of rival PwC, by a nose. Global revenues were US $26.578bn, PwC?s were $26.569bn ? a $9m (5.7m) difference. Deloitte?s global headcount is 170,000, PwC?s is 162,000.

The news comes a day after PwC released its global revenue figures, which saw an 1.5% increase on 2009 figures.

Deloitte has also announced a vast global growth plan including $400m investment in training and development, more than $100m in global service delivery, and $300m into audit.

?When Deloitte Haskins & Sells and Touche Ross & Co. merged in 1989 to form our modern organization, we were the smallest of what was then the Big Eight. Over the years, our goal was never to be the largest?we have always aimed to be the best, to be the standard of excellence,? Deloitte CEO Jim Quigley said.