• Register
Return to: Home > News > Mid Tier > Grant Thornton International reports 3.3% growth in revenue

Grant Thornton International reports 3.3% growth in revenue

Grant Thornton announced a total global revenue of US$ 4,789m for the financial year ended 30 September 2016, up 3.3% from FY15.

Of the total revenue, assurance services contribute around 42% (US$ 2.025m), advisory services 35% (US$ 1.652m), tax services 21% (US$ 1.018m) and other services 2% (US$ 94m). Tax was the fastest growing service line up 4.4% from previous year, followed by assurance (3.6%) and advisory (1.4%).

At the regional level, Grant Thornton reported US$ 98m in revenue in Africa, US$ 2,261m in the Americas, US$ 692m in Asia Pacific, US$ 1,667m in Europe and US$ 40m in the Middle East.

Grant Thornton International reported 27% regional growth in Asia Pacific and 9% both in the Middle East and in the Americas.


Battle for the 6th spot

With these results, Grant Thornton has solidified its position as the 7th largest network globally ahead of Baker Tilly International and might be in a position to close the gap with the 6th ranked RSM. In last year’s International Accounting Bulletin, RSM ranked as the 6th largest network globally ahead of Grant Thornton by a margin of US$ 8.6m.

Answers at the beginning of next month when International Accounting Bulletin will published its 2017 survey.

World Survey 2016: Data

Top Content

    Time pressure: Facing up to mental health

    In an ‘always on’ culture, it is becoming increasingly difficult to manage a healthy work-life balance. While companies are beginning to address this problem by introducing different support systems, Joe Pickard finds more could be done to ensure the wellbeing of the professions workforce.

    read more

    Venezuela: the race for the dollar

    With a new currency following hyperinflation, large sections of the population emigrating to neighbouring countries, an economy on the brink of collapse and no apparent solution coming from the government, Jonathan Minter finds a profession struggling to stay afloat in Venezuela.

    read more

    Brazil: transparency and control

    Brazilian accountants have an optimistic view of the impact of more-regular reporting and the implications of audit controversies for the profession. Paul Golden reports.

    read more

    Argentina: looking for a clearer view

    The Argentine accounting profession continues to grapple with the impacts of a weak economy and a culture of financial corruption. Paul Golden takes a closer look.

    read more

    Blockchain: adapting to disruptive tech

    In the relatively few years since digital currencies first began using blockchain technology, the array of potential applications has grown significantly – and continues to expand. Dan Balla, Matthew Schell and Dave Uhryniak from Crowe look at how it impacts accountancy.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.