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Grant Thornton
Grant Thornton is a multinational professional services network based in London, United Kingdom. It is the seventh-largest in the world by revenue and the sixth-largest by number of employees.[citation needed] The network consists of independent accounting and consulting member firms that provide assurance, tax, and advisory services to privately held businesses, public interest entities, and public sector organisations.
Grant Thornton is composed of member firms affiliated with Grant Thornton International Ltd., a private company limited by guarantee, incorporated in England and Wales. Grant Thornton is a not-for-profit, non-practising, international umbrella membership entity, and has no share capital.
Member firms within the Grant Thornton network operate in 147 markets employing around 73,000 personnel for a combined global revenue of US$7.5 billion.
The earliest origins of the name date back to 1904, when the UK firm of Thornton and Thornton was formed in Oxford. Through a series of name changes this firm merged in 1959 with another UK firm, Baker & Co, which traced its origins to 1868, to form the firm Thornton Baker. In 1975 Thornton Baker merged with Kidston, Jackson, McBain, a UK firm which traced its origins to the Glaswegian accountant, Robert McCowan, who set up in practice in 1844, and was a founder of the Institute of Accountants and Actuaries in Glasgow in 1853.
In the US, 26-year-old Alexander Richardson Grant founded Alexander Grant & Co in Chicago in 1924. Grant had been a senior accountant with Ernst & Ernst (now EY). Alexander Grant was committed to providing services to mid-sized companies.
When Grant died in 1938, Alexander Grant & Co survived the change in leadership and continued to grow nationally. In 1969, Alexander Grant & Co joined with firms from Australia, Canada, and the United States to establish the organisation of Alexander Grant Tansley Witt. This organisation operated successfully for 10 years.
In 1980 Alexander Grant & Co and Thornton Baker, firms with similar qualities, clients, personnel numbers and values, joined with 49 other firms to form a global organisation, Grant Thornton. In 1986, Alexander Grant & Co and Thornton Baker changed their names to Grant Thornton, reflecting their mutual affiliation and strategic alignment.
In December 2019 Grant Thornton placed in the top 50 global employers for diversity and inclusion (D&I), according to a new index developed by Universum. More than 247,000 business and engineering/IT students rated Grant Thornton against support for gender equality, commitment to diversity & inclusion and respect for its people. Their perception of Grant Thornton, against these three categories, places the network 28th in the list, alongside some of the world's most well-known and respected global brands.
Grant Thornton
Grant Thornton is a multinational professional services network based in London, United Kingdom. It is the seventh-largest in the world by revenue and the sixth-largest by number of employees.[citation needed] The network consists of independent accounting and consulting member firms that provide assurance, tax, and advisory services to privately held businesses, public interest entities, and public sector organisations.
Grant Thornton is composed of member firms affiliated with Grant Thornton International Ltd., a private company limited by guarantee, incorporated in England and Wales. Grant Thornton is a not-for-profit, non-practising, international umbrella membership entity, and has no share capital.
Member firms within the Grant Thornton network operate in 147 markets employing around 73,000 personnel for a combined global revenue of US$7.5 billion.
The earliest origins of the name date back to 1904, when the UK firm of Thornton and Thornton was formed in Oxford. Through a series of name changes this firm merged in 1959 with another UK firm, Baker & Co, which traced its origins to 1868, to form the firm Thornton Baker. In 1975 Thornton Baker merged with Kidston, Jackson, McBain, a UK firm which traced its origins to the Glaswegian accountant, Robert McCowan, who set up in practice in 1844, and was a founder of the Institute of Accountants and Actuaries in Glasgow in 1853.
In the US, 26-year-old Alexander Richardson Grant founded Alexander Grant & Co in Chicago in 1924. Grant had been a senior accountant with Ernst & Ernst (now EY). Alexander Grant was committed to providing services to mid-sized companies.
When Grant died in 1938, Alexander Grant & Co survived the change in leadership and continued to grow nationally. In 1969, Alexander Grant & Co joined with firms from Australia, Canada, and the United States to establish the organisation of Alexander Grant Tansley Witt. This organisation operated successfully for 10 years.
In 1980 Alexander Grant & Co and Thornton Baker, firms with similar qualities, clients, personnel numbers and values, joined with 49 other firms to form a global organisation, Grant Thornton. In 1986, Alexander Grant & Co and Thornton Baker changed their names to Grant Thornton, reflecting their mutual affiliation and strategic alignment.
In December 2019 Grant Thornton placed in the top 50 global employers for diversity and inclusion (D&I), according to a new index developed by Universum. More than 247,000 business and engineering/IT students rated Grant Thornton against support for gender equality, commitment to diversity & inclusion and respect for its people. Their perception of Grant Thornton, against these three categories, places the network 28th in the list, alongside some of the world's most well-known and respected global brands.