1. ASSIGNMENT 2
PARENT COUNTRY OF DELOITTE : (USA)
Business Functions of Deloitte in US:
Deloitte provides industry-leading audit, consulting, tax,
and advisory services to many of the world’s most
admired brands, including 80 percent of the Fortune 500.
Its people work across more than 20 industry sectors
with one purpose: to deliver measurable, lasting results.
They help reinforce public trust in their capital markets,
inspire clients to make their most challenging business
decisions with confidence, and help lead the way toward
a stronger economy and a healthy society. As a member
firm of Deloitte Touche Tohmatsu Limited, a network of
member firms, Deloitte is proud to be part of the largest
global professional services network, serving various
clients in the markets that are most important to them.
2. Clients count on Deloitte to help them transform
uncertainty into possibility and rapid change into lasting
progress. Their people know how to anticipate,
collaborate, and innovate, and create opportunity from
even the unforeseen obstacle.
Deloitte’s dedication to leadership extends beyond only
clients and the commercial marketplace to their own
organization and the communities where they work and
live. The company’s success depends on cultivating and
celebrating diverse skill sets, backgrounds, and values.
And they enable leadership throughout their
communities through pro-bono and volunteer work that
leverages their skills and experience to help others
achieve their goals.
In the United States, Deloitte LLP is the member firm of
DTTL (Deloitte Touche Tohmatsu Limited). Deloitte LLP
does not provide services to clients. Instead, services are
primarily provided by the subsidiaries of Deloitte LLP,
including:
Deloitte & Touche LLP
Deloitte Consulting LLP
Deloitte Financial Advisory Services LLP
3. Deloitte Tax LLP
Deloitte LLP helps coordinate the activities of these
subsidiaries. Deloitte LLP and these subsidiaries are
separate and distinct legal entities. Each of these
subsidiaries is organized under Delaware law, it is
separately capitalized, has its own Chairman and CEO
and Board of Directors, and provides a distinct array of
services.
When you contract for the provision of services with one
of the subsidiaries of Deloitte LLP, only that subsidiary is
responsible for the provision of those services and is the
only entity with potential liability for any claims that may
arise in connection with such services. Certain services
may not be available to attest clients under the rules and
regulations of public accounting.
ABOUT DELOITTE NETWORK
“Deloitte” is the brand under which tens of
thousands of dedicated professionals in independent
firms throughout the world collaborate to
provide audit, consulting, financial advisory, risk
management, tax and related services to select
clients.
4. These firms are members of Deloitte Touche
Tohmatsu Limited, a UK private company limited by
guarantee (“DTTL”). Each DTTL member firm
provides services in particular geographic areas and
is subject to the laws and professional regulations of
the particular country or countries in which it
operates. Each DTTL member firm is structured in
accordance with national laws, regulations,
customary practice, and other factors, and may
secure the provision of professional services in its
territory through subsidiaries, affiliates, and other
related entities. Not every DTTL member firm
provides all services, and certain services may not be
available to attest clients under the rules and
regulations of public accounting. DTTL and each
DTTL member firm are legally separate and
independent entities, which cannot obligate each
other. DTTL and each DTTL member firm are liable
only for their own acts and omissions, and not those
of each other. DTTL (also referred to as “Deloitte
Global”) does not provide services to clients.
Deloitte has more than 220,000 professionals at
member firms delivering services in audit,
tax, consulting, financial advisory, risk management,
and related services in more than 150 countries and
5. territories. Revenues for fiscal year 2015 were
US$35.2 billion.
Business Functions of Deloitte in U.S. INDIA Offices
(USI):
Over the last four years, the Deloitte U.S. India
offices (USI) have been a playing a pivotal role in
enhancing Deloitte’s strategic positioning as an
employer of choice in the India Talent marketplace.
The organization not only doubled its strength
during this period and expanded its footprint to
Bengaluru and Delhi, but also significantly expanded
Deloitte’s positioning in leading business schools as
an organization that attracts, develops and retains
top talent.
In a matter of pride for the professionals, Deloitte
made a remarkable leap in The Universum’s most
attractive employers ranking in APAC and India; and
retained its ranking as among top three recruiters at the
foremost 21 business schools in India in the annual
survey by The Economic Times, one of India’s leading
business dailies. In FY14, USI recorded a 22 percent
increase in headcount. The steady rise in Deloitte’s
positioning in the talent marketplace as a preferred
employer bears testimony to USI’s capabilities in
delivering a distinct competitive edge to Deloitte.
6. · Ranked No. 2 among “APAC’s Most Attractive
Employers2014” — by The Universum.
· Up by three places from No. 5 in 2013
· Ranked No. 5 among “India’s TOP100 Ideal
Employers2014” — by The Universum.
· Up from No. 21 in 2013
· Ranked No. 3 in “India's Top Recruiters” at the 21 top
Bschools in India — by The Economic Times.
· Ranked No. 3 in 2013 and among top 5 for the third
consecutive year.
The rankings measure Deloitte’s level of attractiveness as
an employer of choice and stand testament to its values,
culture and the opportunities that Deloitte represents, in
the Indian marketplace.
Taking its commitment towards growth to a new level,
and ensuring flexibility for practitioners, the Strategy and
Operations (S&O) team at U.S. India (USI) Consulting
has recently set foot in the Bengaluru office. This move is
in addition to the already existing Technology and
Human Capital (HC) Consulting teams, and will help
strengthen the Advisory capabilities in Bengaluru. There
are about 180 Advisory practitioners (including the
Deloitte Consulting Innovation team) currently operating
from Bengaluru now. The strategic focus for Bengaluru
operations will be to expand the Technology capabilities
7. and introduce new offerings in Analytics and digital
services, as well as to become the USI base for COEs
(Center of Excellence).
As part of the organization’s commitment to clients and
the endeavor to equip USI client service professionals to
deliver exceptional value clients, U.S. India offices are
making significant investments in Industry Learning.
Recently, the U.S. India National Industry Learning Team
and the Public Sector Industry team, under the
leadership of U.S. India Consulting directors Matt Even
and Sejal Madiya, collaborated to execute a first of its
kind Public Sector University course for U.S. India
professionals aligned to this industry .The two-day
program, attended by 40 professionals from across
functions and office locations of USI, was facilitated by
two accomplished external trainers Kenneth Smith
and Sanjeev Sethi. They offered deep insights into what
goes behind in taking a potential opportunity from the
stage of a proposal to a client engagement, through real
life examples.
Driving the vision of ‘One Analytics’ — The
USI Analytics Summit
For the first time, business functions across Deloitte U.S.
India (USI) came together to host the USI Analytics
8. Summit 2014 at DU (The Leadership Center in India). The
initiative brought together more than 500 professionals
from across all USI business functions under the ‘One
Analytics’ umbrella. Attendees comprised industry
experts, leadership from U.S., USI, and other member
firms. The conference served as a melting pot of ideas
and insight into analytics — undoubtedly the 'next big
thing' in the business sphere. It was also an ideal
environment for the analytics fraternity at USI to
network and learn about best practices and new ideas
from thought leaders and peers, and collectively discuss
the current state and the future opportunities in the
analytics space.
Deloitte USI offers business functions in the following
services:-
1> AUDIT- Provides the organization's traditional
accounting and audit services, as well as internal
auditing and IT control assurance to assist clients
in achieving their business objectives.
2> CONSULTING- Assists clients by providing services
in the areas of enterprise applications, technology
integration, strategy & operations,human capital,
and short-term outsourcing.
3> FINANCIAL ADVISORY- Deloitte’s financial
services industry specialists provide
comprehensive, integrated solutions to the
9. banking and securities, insurance and investment
management sectors.
4> ENTERPRISE RISK - Provides offerings in enterprise
risk management, information security and
privacy, data quality and integrity, project risk and
business continuity management.
5> TAX – Deloitte offers clients a broad range of fully
integrated tax services. Helps clients increase their
net asset value, undertake the transfer pricing and
international tax activities of multinational
companies, minimize their tax liabilities,
implement tax computer systems, and provides
advisory of tax implications of various business
decisions.
CURRENT BUSINESS HEADS OF DELOITTE (US)
The US Technology practice leadership team focuses on
understanding the complex needs of their business, and
brings their knowledge, insight and experience to offer
potential solutions to the most complex business issues.
They represent an entire practice of innovators, who are
dedicated to help people transform their business
through technology.
Craig Hodgetts , US National Managing Director,
Technology : Craig, a principal in Deloitte Consulting LLP,
10. wants to transform the way technology can enable
business strategy and performance. In his current role,
Craig oversees advisory, implementation, and
sustainment services, and the 16,000+ consulting
technology professionals in the US and India. Craig has
led many large-scale SAP implementations across the
Americas, Asia- Pacific, and Europe, and has also played a
Quality Assurance role on many of Deloitte’s most
complex SAP projects.
Bill Briggs, US Chief Technology Officer :
Bill is a strategist with deep implementation experience –
helping clients anticipate the impact that new and
emerging technologies may have on their business in the
future, and getting there from the realities of today. As
CTO, Bill is responsible for helping to define the vision for
Deloitte Consulting LLP’s technology services, identifying
and communicating technology trends affecting clients’
businesses, and shaping the strategy for Deloitte
Consulting LLP’s emerging services and offerings.
Catherine Bannister, Chief Talent Officer, Technology :
Catherine is a director in Deloitte Consulting LLP with 20
years of experience delivering technology solutions to
public sector clients. She is the Chief Talent Officer for
the Technology service area, with leadership
11. responsibilities for 18,000 consultants in the US, India
and Mexico.
Bonnie Barnes, Chief Operations Officer, Technology :
Bonnie is a principal with Deloitte Consulting LLP and has
25 years of large technology advisory, development, and
implementation experience with both custom and
package applications. She focuses on complex systems
integration projects in the ERP, customer relationship
management, and data warehousing arenas. She has also
played numerous leadership roles, including overseeing
the Western Technology Practice and Deloitte’s global
technology development and delivery centers in India
and the US.
John Ciaramella , Global Application Management
Services Leader :
John is a principal with Deloitte Consulting LLP and the
Global Application Management Services (AMS) leader.
In this role, he helps clients achieve value opportunities
with AMS. His deep insights and experience help him
develop services for clients that can bring change that
produces results.
Paul Fitzgerald, Principal, Federal Technology:
Paul Fitzgerald is a senior partner in the Technology
Service Area where he has specialized in providing
12. strategic services to CIO’s of large corporations and
government agencies for more than 25 years. His focus
areas have included the adoption of emerging
technologies, the management and reorganization of
complex IT organizations, the implementation of IT
Management Best Practices, and the impact and
synergies to be achieved from large complex corporate
mergers.
Tom Galizia, US Technology Strategy and Architecture
Leader :
Tom focuses on new, innovative, and enabling
technologies to help clients navigate changing market
dynamics, deliver transformational business strategies,
and drive efficient IT operations. Tom has 21 years of
experience across many industries, with a primary focus
on technology. Specific areas include cloud advisory,
Internet of Everything applications, smart cities, industry
vertical solutions, emerging markets, project portfolio
management, and M&A diligence/integration.
Haissam Issa, US Systems Integration Leader : Haissam
is a principal with Deloitte Consulting LLP. He specializes
in delivering custom and integrated cross-platform
technology-enabled solutions. His delivery experience
spans business design, systems integration, architecture,
end-to-end implementation, and outsourcing.
13. Andy Main, US Deloitte Digital Leader :
Andy is a principal with Deloitte Consulting LLP, and US
leader for Deloitte Digital. In this role, he helps clients
gain business value by using digital to improve their
engagement with customers, employees, partners,
communities, and suppliers at every touch point along
the journey.
Karen Mazer, Client Excellence National Managing
Director :
Karen is a principal with Deloitte Consulting LLP and co-
leads Deloitte’s CIO Program. Karen specializes in serving
Consumer and Industrial Products clients, with a focus on
large scale transformation efforts, including operations
improvement and technology implementations. Prior to
this, she has held various geography, industry, and
alliance partner leadership roles–as well as had global
responsibility for the development, deployment, and
support of our methods and tools. Karen currently serves
on Deloitte’s US Board of Directors.
Roxana Rascoe, US Oracle Leader :
Roxana, a principal with Deloitte Consulting LLP, has 31
years of experience in Finance Transformation and
Supply Chain projects that leverage Oracle technologies,
including EBS and JD Edwards. She has had global
experience including LATAM and EMEA and experience
14. serving clients in a number of industries including
Telecom, High-Tech, Defense, Media, Insurance, and Real
Estate.
Doug Shoupp, Chief Strategy Officer, US Technology
Practice :
Doug is a principal with Deloitte Consulting LLP. He has
more than 20 years of experience helping clients apply
technology to solve their most complex and critical
business challenges. He specializes in enterprise and
application architecture, large-scale testing, performance
management, order management, transaction
processing, and services architecture.
Mark Shilling, US Information Management Leader :
Mark is a principal with Deloitte Consulting LLP where he
leads an organization of dedicated professionals who
help clients address business challenges by unlocking the
value buried deep in their data. His focus is to help
organizations cut costs, improve controls, more
effectively manage the business, and foster future
growth–grounded in leveraging information
management and ERP solutions.
Erica Volini, US HR Transformation Leader :
As the US HR Transformation practice leader, Erica works
with organizations to determine how best to deliver HR
15. services which enable global growth and drive enhanced
profitability. Erica has led global HRT projects involving
Workday, SAP, Success Factors, PeopleSoft and Oracle.
Erica also serves on Deloitte’s board advisory council and
is the leader for the Service Delivery Transformation
practice which focuses on transformation across HR,
finance, IT, and procurement.
Jan Waals, Global SAP Alliance Leader :
In his over 21 years of consulting, Jan has helped
companies headquartered in the US, Europe, and Asia
with global implementations through Deloitte’s network
of member firms. Jan is accountable for achieving
operational and financial performance plans, developing
differentiated talent, implementing quality and risk
initiatives, and leading SAP market strategies.
Kevin Walsh, Global Technology Consulting Leader :
Kevin has procured, designed, developed and delivered
complex transformation programmes for over 20 years.
As leader of the UK's Technology practice, Kevin is
responsible for the development of Deloitte's capabilities
in IT strategy, governance, systems development,
systems integration, and infrastructure management. He
leads over 650 practitioners who combine business
understanding with technology insight and depth across
all industry sectors.
16. CURRENT BUSINESS HEADS OF DELOITTE INDIA
Punit Renjen (CHIEF EXECUTIVE OFFICER):
Renjen is chief executive officer of Deloitte Global.
Previously, he served as chairman of the board, Deloitte
LLP (U.S.), and prior to that, chairman and CEO of
Deloitte Consulting LLP. Punit most recently served as
Chairman of the Board, Deloitte LLP (U.S. member firm)
from June 2011-March 2015. As chairman, Punit led the
board in providing governance and oversight as well as
guidance on priority matters such as firm strategy, risk
mitigation, and talent development.
Amry Junaideen (ERS India President) :
Amry Junaideen is President, Enterprise Risk Services,
with more than 24 years of diversified global experience
in the private and public sector. He has served a variety
of multi-national clients over the years and has led global
teams on many risk management and information
technology related initiatives. In his role, he is
responsible for all risk advisory services provided in the
Indian market. He sits on the US Advisory Operating
Committee, the India Firm Executive Committee, and the
Asia Pacific Enterprise Risk Services Executive
Committee. He is also on the US Firm Board of Directors
Board Council and Global Committee.
17. Sumeeta Hari ( QRM DIRECTOR ):
Sumeeta Hari is Director, Quality And Risk Management
at U.S. India Consulting, was recently recognized as one
of the ‘50 Most Talented Quality Professionals of India’ at
a global awards ceremony hosted by the World Quality
Congress in Mumbai. Competency criteria included
strategic perspective, business goal management, risk
management, team orientation, networking etc. are. She
was also recognized for factors like internal perception
within the organization and external perception based on
credibility, achievement, integrity, value contribution to
the business, and work life balance.
Nikita Tete (Vice President Knowledge Services):
The Global Knowledge Management Congress 2014
felicitated Nikita Tete, vice president — Knowledge
Services with the prestigious Knowledge Management
Leadership Award .The award recognizes Nikita’s
contributions to the field of knowledge management as a
strategic and an iconic leader. At Deloitte she has
showed her commitments to leverage the value of
knowledge management for growth, innovation and
exceptional client service.
18. WORKING RELATIONSHIP BETWEEN DELOITTE US AND
DELOITTE INDIA
Deloitte India (Deloitte Haskins & Sells) looks after the
Indian operations and serves majorly Indian clients in
matters of taxation, etc and carries out audits.
On the other hand, Deloitte US India is a offshore unit of
Deloitte US, where the work is done in collaboration with
the US entity and the clients are mostly US based.
Both are seperate legal entities.
Clients: Deloitte India, as the name suggests, deals
primarily with Indian, and to an extent, SAARC, ME and
African clients, in which USI deals with outsourced work
from US and Europe.
Working style: India offices need one to do end-to-end
work at client place directly, while USI requires one to do
specialized outsourced work from office.
Facilities and perks: USI offices have greater facilities and
perks, compared to India offices, as they have to target
more retention in USI due to office nature of the job.
That being said, USI has greater onsite opportunities, and
lower office formalities. Deloitte consulting INDIA have
actual US clients while other entities like Deloitte
19. Canada, Deloitte Belgium , Deloitte UK etc are clients of
Deloitte SSLP.
Deloitte LLP and each of its primary subsidiaries —
Deloitte & Touche LLP, Deloitte Tax LLP, Deloitte
Consulting LLP, Deloitte Financial Advisory Services LLP,
and Deloitte Transactions and Business Analytics LLP —
are private partnerships registered under the laws of the
State of Delaware as limited liability partnerships. These
subsidiaries provide audit and enterprise risk services,
tax, consulting, and financial advisory services. Each of
the subsidiary partnerships is capitalized separately,
operates as a separate legal entity with its own
management and governance, and provides a distinct
though complementary array of services. This structure
was designed to align the legal structure to conduct their
business. Each of these subsidiaries is owned, directly or
indirectly, by Deloitte LLP and by the partners and
principals who actively participate in the practice of that
subsidiary. Deloitte LLP facilitates the coordination of the
activities of its subsidiaries and has a management
structure and a board of directors to provide governance
across the organization. Deloitte LLP does not provide
services to clients; services are performed by each of the
primary subsidiaries. Where required by state
accountancy laws, Deloitte LLP and its subsidiaries are
20. appropriately licensed to practice public accountancy,
and the owners of the partnerships are also subject to
the requirements of state laws regarding the licensing of
certified public accountants (CPAs) and the operations of
the partnerships.
Deloitte & Touche LLP, a subsidiary of Deloitte LLP, is
focused on providing quality audits to US-based
multinational audit clients through a globally consistent
methodology executed locally in more than 150
countries and territories. Performing audits of
multinational companies with subsidiaries around the
world involves complexities regarding scoping,
coordinating, and executing audit work, whether
performed by the US lead engagement team or
component auditors in non-US locations.
The need for an independent, objective, trusted voice in
the global capital markets is more important than ever.
Deloitte remains committed to transparency and
maintains a good working relationship among its
subsidiaries and will continue to engage constructively
with their regulators, elected officials, and other
stakeholders in pursuit of policies that further strengthen
the quality of financial reporting for the investing public.
As professionals committed to excellence, Deloittians are
