Grant Thornton | Global news | Accounting

An overview of Grant Thornton global news:

United Kingdom

Grant Thornton downgraded to audit industry second-tier Professional service firm Grant Thornton has lost its status as a ‘top-tier’ auditor, according to the regulatory findings of the Financial Reporting Council.
17 January 2024
United Kingdom

Misconceptions on accountancy careers create barriers for new generation New research shows that many young people have misconceptions about careers in accountancy which may be creating unnecessary barriers and preventing them from seeing it as an attainable option.
17 August 2023
United Kingdom

Settlement struck between Grant Thornton and Patisserie Valerie creditors Four years after the uncovering of accounting anomalies that would lead to the collapse of Patisserie Valerie, former auditor Grant Thornton has struck a multi-million-pound settlement for the result
30 June 2022
United Kingdom

Grant Thornton wins Sequoia audit role from KPMG Sequoia Economic Infrastructure Income Fund has announced the appointment of Grant Thornton as its new external auditor.
13 January 2022
India

Integrated Reporting a building block for more transparency The new buzzword on the block: integrated reporting is a holistic approach to reporting a company’s financial performance, accounting for its sustainability profile.
18 December 2020
United Kingdom

Susan Roberts and Yomi Solanke join Grant Thornton Scotland Professional services firm Grant Thornton UK has made two senior hires to its Aberdeen team.
13 September 2019
United Kingdom

Grant Thornton to finally exit Sports Direct role Sports Direct is reportedly set to ramp up its efforts to find a new auditor, with incumbent accounting contractor Grant Thornton having confirmed it will quit the role.
06 August 2019
Australia

Big Four firms allegedly interested in scooping Grant Thornton Big Four firms EY and KPMG are allegedly vulturing around Grant Thornton’s operations in Australia.
05 August 2019
Singapore

Singapore-based independent directors join Grant Thornton board Global professional services firm Grant Thornton International has welcomed two new independent members to its board; Aliza Knox and Martin Geh.
01 August 2019
India

Increased scrutiny has levelled the playing in India's auditing sector As the auditing and advisory sector comes under increasing scrutiny in India, Grant Thornton’s India CEO Vishesh Chandiok has welcomed the new focus on clean and accountable practice in the professio
11 July 2019
Asia

Nexia and Baker Tilly round out top ten global accounting networks The world’s ten largest accounting networks have all now reported for 2018 – with a few shifts in the global pecking order, despite uniform record revenues.
25 February 2019
United Kingdom

Grant Thornton comes under scrutiny for Sports Direct role Global auditing and advisory firm Grant Thornton has been attacked by critics for its accounting role for Sports Direct.
19 February 2019
United Kingdom

Patisserie Valerie finds ‘potentially fraudulent’ accounting anomalies One of the UK’s largest café chains faces a potential auditing crisis, as it struggles with a £20 million black hole in its accounts.
11 October 2018
United Kingdom

Grant Thornton calls for independent public body to appoint auditors Britain’s fifth largest auditing and advisory firm has recommended a radical shake-up to the audit tendering process for large listed companies.
17 September 2018
United Kingdom

Calls for Big Four competition probe as Grant Thornton pulls FTSE 350 audit bids Grant Thornton has withdrawn from bidding for FTSE 350 audit tenders, which it claims cost the firm as much as £300,000 an attempt, while rarely yielding a new contract.
30 March 2018
United Kingdom

Grant Thornton poaches South Korean member firm from BDO Grant Thornton has added Daejoo Accounting Corporation, a South Korea based business advisory that previously was part of BDO, to its international network.
12 May 2016
United Kingdom

BDO opens 4 offices in Sweden and raids Grant Thornton BDO has added four new offices in Sweden. As part of the expansion drive, the firm also poached six partners and 14 professionals from rival professional services firm Grant Thornton.
11 April 2016
United Kingdom

50 Grant Thornton professionals move to rival BDO BDO has significantly bolstered its footprint in Italy with the addition of nearly 50 professionals from Grant Thornton, including seven partners, taking its total employee base in the country to aro
04 February 2016
United Kingdom

Grant Thornton UK grows revenue to 521 million in 2015 Grant Thornton UK has booked solid results in 2015, increasing revenue to £521 million, well above its ‘Ambition 2015’ target of £500 million.
16 December 2015
United Kingdom

Grant Thornton Russia moves over to rival Baker Tilly Grant Thornton Russia has decided to merge with Baker Tilly Russaudit, the Russian member firm of Baker Tilly International*.
19 November 2015
United Kingdom

Grant Thornton launches a new business hub in Essex Grant Thornton has opened a business hub in Essex, its second in the UK.
16 October 2015
United Kingdom

35 most talented accounting & advisory professionals Platform Accountancy Age has released the 2015 edition of its ‘35 under 35’ ranking. This list recognises the 35 most talented accounting and advisory professionals under the age of 35.
26 May 2015
United Kingdom

Grant Thornton UK aims at dropping partner model Partners of Grant Thornton UK have backed a proposal to transform the firm from a partner-led entity to a shared enterprise, which will see all 4,500 of its people have a say and a stake in the firm. Shared enterprises a
07 May 2015
United Kingdom

Grant Thornton doubles global revenues in 10 years The global revenues of Grant Thornton has grown by 4.6% in its most recent fiscal year, to a record income of $4.7 billion.
26 January 2015
United Kingdom

Grant Thornton acquires Recovery Cost Auditing Group Accounting and consulting giant Grant Thornton has acquired Recovery Cost Auditing Group, a local assurance business based in Preston, Lancashire. Recovery Cost Auditing Group (RCAG) performs forensic audits of retrospective billing of
08 January 2015
United Kingdom

KPMG, Grant Thornton and PwC win IAB 2014 award Last week the International Accounting Bulletin (IAB) announced the winners of its global awards. Among the finalists were several professional services firms also active in the consulting industry. KPMG turned out one of the
25 September 2014

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