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Grant Thornton International



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4Vote!

Lou Grabowsky named Chief Operating Officer of Grant Thornton LLP

CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP announced today that Lou Grabowsky will be the new Chief Operating Officer for Grant Thornton LLP effective Jan. 1, 2010. Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the Global Six accounting organizations. “Lou’s credentials are impeccable, and he will serve the firm with his characteristic commitment...

5Vote!

88% of Senior Financial Executives Believe Positions of CEO and Chairman of the Board Should Be Separate

CHICAGO--(BUSINESS WIRE)--In a national survey of U.S. CFOs and senior comptrollers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, the vast majority (88%) believe that the positions of CEO and chairman of the board should be separate and more than half (52%) report that they would like to be CEO of a company one day. Regarding CEO pay (including total pay...

5Vote!

71% Of Senior Financial Executives Say That FASB Should Set U.S. Accounting Standards, Not IASB or U.S. Congress

CHICAGO--(BUSINESS WIRE)--In a national survey of U.S. CFOs and senior comptrollers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, the majority (71%) believe that the Financial Accounting Standards Board (FASB) should set U.S. accounting standards, not the SEC, the International Accounting Standards Board (IASB) or the U.S. Congress. EXtensible Business Reporting...

5Vote!

40% of U.S. Senior Financial Executives Don’t Want IFRS to Replace GAAP

CHICAGO--(BUSINESS WIRE)--In a national survey of U.S. CFOs and senior comptrollers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, 40 percent said that they do not believe that U.S. companies should ever have to use International Financial Reporting Standards (IFRS), while another 39 percent said that U.S. companies should start using IFRS in 3 to 5 years....

5Vote!

Nearly Three-Quarters of Senior Financial Executives Say Financial Statements Too Complex for Investors

CHICAGO--(BUSINESS WIRE)--In a national survey of U.S. CFOs and senior comptrollers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, nearly three-quarters (73%) believe that financial statements are too complex to be used by the average investor and 82 percent believe that financial statements should be prepared to meet the needs of the average investor rather...

3Vote!

Fla. judge rules that Nicaraguan judgment for $98M against food …

Judge can't enforce $98M judgment against DoleMIAMI — A Florida judge has said a $98.5 million judgment against US food giant Dole and Dow Chemical Co. cannot be enforced because the Nicaraguan court that issued it neither had ... September 18th, 2009 Parmalat to appeal NY judge's dismissal of suitsNEW YORK — A judge Friday dismissed lawsuits seeking to hold Bank of America Corp. and auditing...

3Vote!

Fla. judge rules that Nicaraguan judgment for $97M against food …

Judge can't enforce $97M judgment against DoleMIAMI — A Florida judge has said a $97 million judgment against US food giant Dole and Dow Chemical Co. cannot be enforced because the Nicaraguan court that issued it neither had jurisdiction ... September 18th, 2009 Parmalat to appeal NY judge's dismissal of suitsNEW YORK — A judge Friday dismissed lawsuits seeking to hold Bank of America Corp....

5Vote!

National Survey of Senior Financial Executives Finds Majority to Reduce Bonuses

CHICAGO--(BUSINESS WIRE)--In a national survey of U.S. CFOs and senior comptrollers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, the majority say their company is reducing bonuses (55%) and a quarter (26%) say their company is reducing its 401(k) match. In terms of pricing pressure, 77 percent are most concerned about the price of employee benefits, while...

5Vote!

National Survey of Senior Financial Executives Finds Only 1 in 4 Plan to Increase Hiring in Next 6 Months

CHICAGO--(BUSINESS WIRE)--In a national survey of U.S. CFOs and senior comptrollers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, only one in four (24%) plan to increase hiring in next six months. But the economic crisis appears to be ebbing, as only 10 percent feel the economy will get worse, with the majority (77%) saying the recession will end in 2010....

4Vote!

Parmalat to appeal judge's dismissal of suits

Italian dairy giant Parmalat says it will appeal a federal judge's ruling tossing out lawsuits seeking to hold Bank of America Corp. and auditing firm Grant Thornton International responsible in Parmalat's collapse.

7Vote!

Parmalat to appeal NY judge's dismissal of suits

A judge Friday dismissed lawsuits seeking to hold Bank of America Corp. and auditing firm Grant Thornton International responsible in Italian dairy giant Parmalat's 2003 collapse, a decision Parmalat said it will appeal.

5Vote!

Parmalat to appeal judge's dismissal of suits

Italian dairy giant Parmalat says it will appeal a federal judge's ruling tossing out lawsuits seeking to hold Bank of America Corp. and auditing firm Grant Thornton International responsible in Parmalat's collapse. Parmalat issued a statement saying it... Sponsored Topics: Bank of America - Business - Grant Thornton International - Parmalat - Financial Services

3Vote!

Parmalat says will appeal Grant Thornton ruling

MILAN, Sept 18 (Reuters) - Parmalat said it would appeal a U.S. federal judge's dismissal of its fraud lawsuits against auditor Grant Thornton LLP and Grant Thornton International over their role in the Italian dairy company's collapse in 2003.

4Vote!

Can-Do Attitude: Grant Thornton LLP Collects More Than 110,000 Cans of Food for Needy -- Approximately 27 Tons of Food

CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations, collected more than 110,000 cans of food for local food pantries during the month of August. The original goal was to collect 85,000 cans to celebrate the firm’s 85th year providing accounting, tax and business advisory services....

5Vote!

Innotrac Changes Independent Registered Public Accounting Firm

ATLANTA, Sept. 2 /PRNewswire-FirstCall/ -- Innotrac Corporation (Nasdaq: INOC) today announced that it has changed its independent registered public accounting firm to Grant Thornton, LLP.