Grant Thornton LLP, the U.S. member firm of Grant Thornton International, reported that its revenues for the 2006 calendar year were up 18.2, to $940 million.

The total number of Grant Thornton employees increased 14 percent, to 5,454, while the number of partners increased 15 percent, to 489.

“I am pleased and grateful for our excellent growth again this year, but the bigger picture -- continued outstanding independent client service, a vibrant and supportive workplace culture, and continued thought leadership to the profession -- is even more exciting,” said chief executive Edward Nusbaum, in a statement.

Nusbaum pointed to a number of areas that the firm has spoken out on over the past year, including supporting the review of lease accounting rules by standards boards, efforts to increase transparency in reporting auditor change and proposals to fine-tune the internal control provisions in the Sarbanes-Oxley Act.

The firm also increased its number of global clients, adding nearly 200 new clients with global operations and bringing its international client total to nearly 2,000. It also launched a health care industry practice, a recovery and reorganization services practice, and the Miami-based Latin American Tax Services Gateway, which coordinates international tax services for Grant Thornton clients that have Latin American operations and assists Latin American companies with tax issues created by their investments in the United States.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access