PracticeAccounting FirmsGrant Thornton US arm reports 9.5% revenue rise

Grant Thornton US arm reports 9.5% revenue rise

Grant Thornton’s US arm reports 9.5% revenue rise, to $1.2bn for FY08

Grant Thornton LLP, the US arm of
Grant
Thornton International
, today reported a 9.5% jump in revenues, to $US1.2bn
for the fiscal year ended July 31. Of the firm’s 2012 new client engagements,
revenues from new international clients accounted for more than 25%, the firm
said.

‘Our continued growth in both national and global markets reflects our focus
on providing clients with industry expertise and personalised service,’ Edward
Nusbaum, Grant Thornton LLP chief executive officer, said.

Grant Thornton LLP counts as one of its highlights support for the
preparation of financial statements in accordance with the International
Financial Reporting Standards, published by the International Accounting
Standards Board, without reconciliation to US Generally Accepted Accounting
Principles.

The firm said it disagreed with the Securities and Exchange Commission’s
delays on 404 and believed the proposed delay was ‘neither warranted nor
prudent’ because it would impair the commission’s ability to gather accurate
cost statistics for smaller companies as few smaller public companies had
prepared properly for Section 404. Further reading:

US support for IFRS hinges on reform of standard
setter

Related Articles

British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

2w Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

2w Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

2w Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

3w Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

1m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

1m Fergus Payne, Lewis Silkin
EY, Deloitte lead Big Four in gender pay gap reporting

Accounting Firms EY, Deloitte lead Big Four in gender pay gap reporting

2m Emma Smith, Managing Editor
Mind the gap: what accountancy firms should be doing ahead of the new gender pay gap reporting rules

Accounting Firms Mind the gap: what accountancy firms should be doing ahead of the new gender pay gap reporting rules

2m Karen Baxter, Lewis Silkin