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'It is good to know something of the customs of different people in order to judge more sanely of our own."—Rene Descartes 14 By Charles L. Clapp Partner in Charge of Coordination of International Services Should anyone set out to visit all the overseas offices of our Firm he could end up with airline tags from 76 leading cities covering his luggage, and would have taken his bags through customs in 42 different countries—not counting the United States—on six continents. If he met all our partners, principals, directors and managers in our international offices, he would have about 360 faces to remember and hands to shake. Then, if he should visit our correspondent firms, he would add another 22 countries in the Near East, Middle East, the Pacific and elsewhere. Wherever H&S clients require service today we can supply it. In most parts of the world outside the United States we carry on our international work through the firm of Deloitte, Plender, Haskins & Sells, which came into being in 1924 through our close association in previous years with the British firm of Deloitte, Plender, Griffiths & Co. In certain places where DPH&S offices have not been established, we serve our clients through correspondent firms. The scope of our international practice is steadily broadening as our clients expand their activities in a time of increasing economic interdependence among the peoples of the world. Just a glance at four examples among our clients will reveal how far they extend. The Bendix Corporation, for instance, has 70 foreign subsidiaries in 15 countries. International Harvester has 27 subsidiaries in 20 countries. General Motors has 52 subsidiaries in 27 countries, and Minnesota Mining & Manufacturing has 80 subsidiaries in 31 countries. Although the greatest spurt in our international growth has taken place in the past five or six years, we began going overseas very early. Our first office outside the U.S. was established in 1901, just six years after the Firm was founded in New York. Shortly after that H&S began to work with the British firm of Deloitte, Plender, Griffiths & Co. At first the two firms cooperated in taking engagements for each other, but soon after World War I H&S opened offices in Havana and Shanghai, and then in Paris, Berlin and Manila. By 1924 a closer cooperation suggested itself naturally by the fact that we and our old British friends in Deloittes found ourselves performing services side by side in a number of cities outside our homelands. In 1924, therefore, we joined in forming DPH&S which today operates over most of the globe, outside the United States and the United Kingdom. An agreement in 1952 involving further parts of the free World led to an even broader expansion of DPH&S offices, into areas where we had not offered extensive service before. Since 1964 we have added DPH&S offices in 20 cities of four new countries. A more striking indication of our recent growth is the fact that we more than doubled the number of our international partners, principals, managers and directors in this time. (The increase was from 167 in these positions in July 1964 to 357 in July 1969.) Today we arrange for a great many transfers between this country and other lands, and this takes place in both directions. Young men come to the U.S. for 18 months at a time, then they return to their far-flung home cities and practice offices with an appreciation of the H&S philosophy and methods that it would have been much more difficult for them
Object Description
Title |
H&S around the world |
Author |
Clapp, Charles L. |
Subject |
Deloitte, Plender, Griffiths & Co. Deloitte, Plender, Haskins & Sells Haskins & Sells |
Office/Department |
Haskins & Sells |
Citation |
H&S Reports, Vol. 07, (1970 winter), p. 14-15 |
Date-Issued | 1970 |
Source | Originally published by: Haskins & Sells |
Rights | Copyright and permission to republish held by: Deloitte |
Type | Text |
Format | PDF page image with corrected OCR scanned at 400 dpi |
Collection | Deloitte Digital Collection |
Digital Publisher | University of Mississippi Library. Accounting Collection |
Date-Digitally Created | 2010 |
Language | eng |
Identifier | HSReports_1970_Winter-p14-15 |