Asked about the prospect of member firms joining up,
chief executive David McConnell told Accountancy Age: ‘I think it will
happen. If you go to the medium-term, I do see our organisation consisting of
fewer member firms.’
McConnell revealed that GTI has had ‘discussions’ about mergers, but that
nothing will happen ‘in the immediate future’.
The comments are the strongest indication of any firm following KPMG’s lead.
In forging its KPMG
Europe structure, the firm took the lead in global integration. Other firms
have indicated they want to stand back and see how KPMG does.
GTI has 90 member firms around the world, with the US, UK, Canada and
European countries forming the largest constituents.
GTI’s relationship with its members has not been without its troubles in the
past with the expulsion more than four years ago of its Italian member firm SpA
following the Parmalat scandal.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
Hundreds of jobs are secure after Spectrum Contracting has been sold out of administration to Minstrell Recruitment by FRP Advisory
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
The Practitioner discusses their timesheet militancy, and reaction to someone playing it fast and loose with the details...