Since 2001, Edward E. Nusbaum has served as chief executive and executive partner of Grant Thornton, the nation's seventh-largest CPA and business advisory firm. Under his aegis, GT has swelled into a concern that generated nearly $800 million in revenues over fiscal 2005 - a 25 percent climb - with 435 partners and 50 offices.In addition to the firm's growth in revenues and human capital, Nusbaum has spearheaded efforts to raise Grant Thornton's profile on Capitol Hill, calling for increased choices for public companies, enhanced business reporting and defined rules on providing tax services to public audit clients. Nusbaum has also made his voice heard as a member of the Financial Accounting Standards Board's advisory council.
Recently, he sat down with Accounting Today and addressed a number of issues, including his firm's continuing growth, recruiting successfully in a competitive market, international convergence, the failed audit of bankrupt commodities broker Refco, private company GAAP and the Public Company Accounting Oversight Board inspection process.
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