Grant Thornton acquires Arthur Andersen US offices
Grant Thornton strengthened its middle market expertise in the US with the acquisition of five Arthur Andersen offices in Charlotte, Greensboro, N.C., Columbia, S.C., Orlando and Albuquerque, along with the acquisition of the Milwaukee middle market practice and additional middle market partners and staff from Arthur Andersen's New York, Cleveland, Cincinnati and Tampa offices. A total of 38 Arthur Andersen partners and an additional 330 employees will join Grant Thornton in the deals. Read more.
Grant Thornton's Five-Point Plan to Restore Public Trust
Grant Thornton has asked the other major US accounting firms to embrace our five-point plan to restore public trust. Our plan emphasizes that leaders of those firms must set a tone that once again places the firms' professional responsibilities ahead of all other business considerations.
As the leading global firm dedicated to serving
the needs of middle-market companies, Grant Thornton is aware of the competitive
pressures for firm growth. However, Grant Thornton's most valued principle
is an uncompromising commitment to professional excellence. Growth should
never be at the expense of public trust. We are concerned about the impact
of the Enron debacle on all SEC registrants and the entire accounting
profession. Read more.