Deloitte Fortune 500 (2017 Ranking) 2017-04-13T00:44:34+00:00

Deloitte Fortune 500


According to trusty old wikipedia the Fortune 500 is

“an annual list compiled and published by Fortune magazine that ranks 500 of the largest U.S. corporations by total revenue for their respective fiscal years. ”

— Wikipedia


It also says that the list is composed of public and privately held companies. Unfortunately Deloitte is not ranked in the Fortune 500. Too sad. Don’t worry though!!! They should be ranked in the Fortune 500. Deloitte is a large private company in the United States, so they should be on the list.

Maybe they don’t have enough revenue to be on the list? Well, no that can’t be true because they have more than enough revenue to be on the list. Why do I say that? Well let’s analyze it further.

First on the list is Walmart with well over $400 billion in revenues for their last fiscal year.

Let’s take a look at Deloitte’s latest fiscal year revenues to understand where they might land.

Deloitte Fortune 500 Ranking

As of their last global financial report, Deloitte earned 2016 revenues of $36.8 billion internationally.

Let’s trace back to the Fortune 500 list to see where that amount of revenue might land.

If you take a look at the Fortune 500 rankings, it appears that Deloitte would land between two large insurance companies. They would be between Allstate and United Airlines. Allstate had $35.7 billion in revenue for their latest fiscal year. United Airlines earned about $37.9 billion in revenue, so we could say that  Deloitte would be above Allstate.

Since Deloitte would replace Allstate in this ranking that means that Deloitte would earn a ranking of 81 on the Fortune 500.

That is not too shabby because it puts them in the Top 100 of companies of the Fortune 500. That is the top 20% of all earnings of major corporations which is not too bad.

  • ey aig tax deal

5 Lessons Learned From the Ernst and Young AIG Tax Deal

April 29th, 2018|0 Comments

EY formed a partnership with AIG on February 5, 2018. They’ve termed it a new innovative global tax compliance and technology operating agreement. It involves a combination of managed tax services and there will

  • facebook privacy audit by pwc

3 Important Questions Highlighted By PwC’s Failed Audit Of Facebook Privacy Controls

April 29th, 2018|0 Comments

There are several issues for the big 4 brought about by the Facebook Cambridge analytica privacy scandal. In that scandal Cambridge analytica was utilizing private information of Facebook users to try and influence the

  • big 4 performance review process

Big 4 Performance Review Process Overview and Analysis

April 22nd, 2018|0 Comments

The performance review process in the big 4 is where the rubber meets the road. It’s where everything regarding your career is determined. It determines whether you will get promoted, whether you get a

Facebook Scandal Russian Hackers & The Big Four Accounting Firms

April 17th, 2018|0 Comments

I didn’t want to miss an opportunity to speak about how both the Facebook Cambridge Analytics scandal and the Russian election hacking scandal might impact the big four accounting firms. big 4 benefit

  • KPMG VBS Scandal

VBS Bank Scandal Could Spell Doom For KPMG South Africa

April 16th, 2018|0 Comments

KPMG VBS Scandal VBS mutual bank has gone into curatorship in South Africa. It is suspected that there was fraudulent reporting and transactions as part of this scandal. VBS bank could not

  • How Deloitte CEO Cathy Engelbert Rose To The Top

How Deloitte’s CEO Cathy Engelbert Rose To The Top

April 12th, 2018|0 Comments

In early April 2018, Deloitte’s US CEO was featured in a forbes article. The title of it was how her rise to the top was not linear. As you might know Cathy Engelbert is