The worldwide network’s performance was very strong in all regions of the world, the firm said. Member firms in the Americas and Asia grew at 24% with 20% revenue growth. In the Europe, Middle East & Africa region GT firms grew at 16% year on year.
David McDonnell, chief executive of Grant Thornton International, said: ‘These results show a continuing very strong performance by member firms around the world, even though it was a year which saw overall economic performance falter in some areas. The member firm in the US, the world’s major economy, showed outstanding growth with a 30% increase in revenues.’
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.