Grant Thornton in the UK merged earlier in the year with RSM Robson Rhodes, making it “a leading player in the mid-market and the provider of non-audit services to one in four of the FTSE 100,” according to GT’s chief Michael Cleary. The board of the merged entity makes the transaction look more like anContinue reading “Grant Thornton UK swallows Robson Rhodes whole”
Tag Archives: Grant Thornton
Grant Thornton insists client remove Chairman, is removed as auditor
Here’s an interesting story coming out of Dallas: Embattled multi-level marketing firm Mannatech has fired its independent auditor, Grant Thornton, after the auditor gave the company an ultimatum: Remove Chairman and founder Sam Caster from the company or find yourself another auditor. So they found themselves another auditor, BDO Seidman, and let Grant Thornton go.Continue reading “Grant Thornton insists client remove Chairman, is removed as auditor”
Big Four dominate professional services globally
The Managing Partners’ Forum was established in 1995 and is “dedicated to enhancing leadership and the status of the management team in professional firms worldwide.” They recently released the inaugural Global 500, a ranking of the top 500 professional services firms in the world by fee volume. The Big Four are at the top ofContinue reading “Big Four dominate professional services globally”
Audit choice and competition in UK and G8
Jeremy Newman of BDO Stoy Hayward, highlights a key finding of the British Oxera Report on Audit Choice and Competition: According to the report by Oxera on Competition and Choice published in April 2006 more than 70% of FTSE 100 companies had not held a competitive tender for the last 15 years. The incidence ofContinue reading “Audit choice and competition in UK and G8”
BDO and Grant Thornton decide against merger
It was only a few weeks ago I was blogging about the the potential merger in Canada of BDO Dunwoody and Grant Thornton. They announced that they were in talks and conducting the necessary due diligence procedures to see if a merger would be good for the two firms and their clients. They announced todayContinue reading “BDO and Grant Thornton decide against merger”