Introduction to Deloitte Touché Tohmatsu Limited
Deloitte Touche Tohmatsu Limited is a worldwide company that provides professional services in the area of auditing, taxation, consulting, risk analysis and financial advisory.It serves as a global firm in which there are many separate member firms over many countries and cities.Each member firm remains its separate and independent legal entity.
Deloitte aims at helping its clients to excel.In order to achieve the mission, Deloitte is going to enhance the member firms’ size, strength and resources.
Segments to serve
Deloitte Touche Tohmatsu Limited carries out a Broad market strategy. It supports different industries like Consumer Business and Transportation, Real Estate, Energy and Resources, Manufacturing etc. Its serving targets are the entire market.
Deloitte reported that the member firms have US$26.578 billion revenues in total and worldwide as at 2010.Deloitte has become the market leader and surpasses all competitors in the private professional services.
The company owns competitive advantage in terms of revenue and headcount. In the year of 2010, Deloitte reported US$26.578 billion revenue and employed approximately 170,000 people. The enhancement in company’s structure and personnel has made Deloitte competitive in the industry of professional services.
Different services are available for customers ranging from auditing to financial analysis. Deloitte provides high-quality product offerings with high flexibility, problem-solving and deep technical capabilities.
Deloitte Touche Tohmatsu Limited:
It is obvious that Deloitte Touché Tohmatsu Limited (DTTL) applies the use of decentralization, in which the member firms have separate and legal entities.The member firms continue to provide professional services, but they are not provided by DTTL because member firms and DTTL cannot obligate each other. The decision-making authority is assigned to each member firm in different district.The benefits are the availability of greater flexibility and better decision making results, which can turn out lead to increase in control. Multidivisional structure:
A structure in which a firm is divided into different divisions, each of which is responsible for a distinct business area.
Deloitte owns different divisions within a company so each division is responsible for a specific task. It provides professional services in the area of auditing, taxation, consulting, risk analysis and financial advisory.Each type represents a unique division in Deloitte.
Examples member firms are:
(2) Skills and abilities likely to be needed at the company
My desired future career is the auditing job offered by Deloitte. Different divisions within Deloitte will require different skills and abilities. So, in my following parts, I will concentrate more on auditing works within the company.
To enter into the so called “Big Four” accounting company, the basic requirement is the university degree. According to my recent chat with some accounting partners in the Accountancy Society Events, they said that a very high GPA is not a must, but at least candidates should have satisfactory academic result, like GPA meets 3.0.Decades ago, many companies employed candidates who could excel in their academic performance. However, nowadays, employers look for candidates who have leadership skill and the potential of teamwork building, especially for auditing accountants, they usually work as a team to serve their clients. Moreover, employers tend to seek for candidates who have experience in curricular activities, as they are more capable in leading a team and work with different people with different walks of life.
For the language requirement, candidates are most preferable...