Search Results for: Grant Thornton
SEC: Grant Thornton Ignored Red Flags in Audits
December 3rd, 2015
The Securities and Exchange Commission announced that national audit firm Grant Thornton LLP and two of its partners agreed to settle charges that they ignored red flags and fraud risks while conducting deficient audits of two publicly traded companies that ...
Grant Thornton delivers £521m UK fee income
October 23rd, 2015
Grant Thornton has reported a 1.6% year-on-year uplift in its revenue for the financial year ending 30 June 2015 to £521m. The result, which delivered profit before tax of £82m and distributable profit per partner of £398,000 – up 3.4%, ...
SEC Charges Two Grant Thornton Firms With Violating Auditor Independence Rules
October 2nd, 2015
The Securities and Exchange Commission today charged Grant Thornton India LLP and Australia-based Grant Thornton Audit Pty Limited with auditor independence violations that occurred when two Grant Thornton Mauritius partners served on the boards of Mauritius-based subsidiaries of companies ...
Outcome of disciplinary case against Grant Thornton UK LLP, Alastair Nuttall and Marcus Swales
July 9th, 2015
The Financial Reporting Council (FRC) announces the outcome of the disciplinary case in connection with Grant Thornton UK LLP (Grant Thornton), Alastair Nuttall and Marcus Swales, Audit Engagement Partners in relation to Manchester Building Society. Settlements agreed amongst the ...
Grant Thornton and Foley O’Neill agree new securities finance collaboration
June 17th, 2015
Leading business and financial adviser Grant Thornton UK LLP has agreed a new collaboration with independent consultancy Foley O’Neill, which will see the two firms working together to offer specialist securities finance and collateral management consultancy services. A well-established voice ...
Grant Thornton Partners vote to become shared enterprise firm
May 6th, 2015
Grant Thornton UK LLP has become the first major accountancy firm to launch an all employee consultation on a model for shared enterprise which will see all 4,500 of its people have a say and a stake in the ...
Grant Thornton on the end of £49m negligence claim
March 18th, 2015
The UK arm of the world’s sixth largest accountancy network is facing the claim for audit and advice work provided to Manchester Building Society between 2006 and 2013. The claim relates to ‘the implementation and application of hedge accounting’, ...
Grant Thornton resigns Quarto audit over conflict of issue and Deloitte duly took over with immediate effect
December 17th, 2014
DELOITTE has scooped the audit account of international publishing group Quarto from incumbent firm Grant Thornton following a conflict of interest issue. Quarto’s directors announced the move to the stock market following the emergence of a conflict of interest ...
ACCA-Grant Thornton: Auditors need to adapt and constantly innovate
November 24th, 2016
There are challenges ahead and the profession has a choice of embracing them or being left behind – were the main conclusions of a joint ACCA-Grant Thornton conference recently held in Brussels In today’s world, everything is in constant ...
Round tables held by ACCA and Grant Thornton: Audit needs to respond more quickly to change
March 28th, 2016
Round tables point to concerns over Audit in developed countries A series of round tables held by ACCA (the Association of Chartered Certified Accountants) and Grant Thornton in seven countries across the world has revealed a series of highly diverse opinions ...
