Deloitte expands as PwC Maldives, Sri Lanka network firms exit - memo

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Deloitte expands as PwC Maldives, Sri Lanka network firms exit - memo
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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtipsBENGALURU -Accounting giant Deloitte is acquiring some of rival PricewaterhouseCoopers' Maldives and Sri Lanka network firms, according to a Deloitte memo seen by Reuters, strengthening the company's presence in the South Asia region.

Deloitte and PwC are part of the so-called global Big 4 accounting giants, along with EY and KPMG whose services include audits, tax and risk advisory. Deloitte already has a presence in Sri Lanka, largely providing audit services in the region, the source with direct knowledge said. The new deal with PwC will help it offer advisory services and"especially technology consulting," the source said.

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