Hints and tips:
...Grant Thornton declined to comment....
...After a fractious call with Grant Thornton’s management last week, retirees said the sum they were offered was unfairly low, in some cases coming up short by $1mn or more....
...Grant Thornton and Citrin Cooperman will continue to operate independently of each other, according to people familiar with the plans....
...Like the Big Four of EY, KPMG, Deloitte and PwC, Grant Thornton operates as a global network of member firms....
...of [Grant Thornton’s] audit quality but reflects their smaller share of the PIE market”....
...PwC, KPMG and Grant Thornton are among the large accounting firms to have sold parts of their advisory businesses to private equity....
...Victoria’s board then refused a request from the audit firm to remove this block on further work, said Grant Thornton in its opinion....
...Instead, Grant Thornton had handed down a qualified audit opinion....
...Notably, Victoria’s management and board imposed a limitation of scope, preventing Grant Thornton from carrying out further audit work on these issues at Hanover....
...Grant Thornton has been subletting two floors at 110 Bishopsgate, which it said had “proven to be surplus to our requirements since the pandemic”....
...All five Grant Thornton audits inspected received the highest rating....
...Acting on Davies’ behalf, Grant Thornton (no stranger to a cake-related controversy) sought clearance from HMRC for the zero rating in October 2021. Tax officials promptly requested more information....
...Grant Thornton’s qualified audit opinion focused on a host of issues at subsidiary Hanover Flooring, identifying “risk factors of fraud”, breaches of money laundering regulations and “potential irregularities...
...In identical statements, the companies said: “The [Patisserie Valerie Group] and Grant Thornton confirm that in 2021 they resolved the claims brought against Grant Thornton by PV Group....
...Grant Thornton said it was pleased to conclude the “long-running matters”....
...The average profit for Grant Thornton’s 190 partners rose 34 per cent to £611,000....
...All five audits by Grant Thornton, the UK’s sixth-largest auditor by revenue, were deemed up to scratch....
...Grant Thornton was fined £700,000 in November for audit failures at Interserve, the former FTSE 250 outsourcer that fell into administration in 2019....
...Grant Thornton remains under investigation over its audits of retailer Sports Direct....
...Rival accounting firm Grant Thornton launched a similar policy in the UK this month, while music streaming company Spotify introduced the system in 2017....
...Mid-tier auditors Grant Thornton and BDO have also removed their Russian affiliates from their global networks....
...Grant Thornton has broken the Big Four auditors’ monopoly over the FTSE 100 for the first time in more than two years....
...Grant Thornton confirmed it would pay his fine and costs....
...McKinsey, Boston Consulting Group and Bain & Company have halted work for Russian clients, while mid-tier accountant Grant Thornton has split from its Russian affiliate....
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