PracticeAccounting FirmsGrant Thornton’s revenues soar in US

Grant Thornton's revenues soar in US

Profits have more than doubled in the last three years

Grant Thornton LLP, the US member firm of Grant Thornton International, has
revealed revenues for the year ending 31 December of $795m (£458m), up 25%.

Over the last three years revenues for the firm have nearly doubled – in 2002
the firm generated income of $400 million.

Furthermore, employee numbers have increased by more than 50%, to 4,781, and
the number of partners has also grown 36%, to 425.

‘While we are pleased with our growth, Grant Thornton is most concerned with
providing independent, quality services to our clients,’ said chief executive
Edward Nusbaum.

Grant Thornton is ranked as the sixth biggest firm in the US, while in the
UK, it is ranked as fifth biggest, behind the Big Four, according to the most
recent
Accountancy
Age Top 50
survey.

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