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September 24, 2019

Grant Thornton US report record revenues of $1.9bn for FY 2019

By Joe Pickard

Grant Thornton LLP, the US member firm of Grant Thornton International, has reported record revenues of $1.9bn for FY ended 31 July 2019. The figure represents a year-on-year increase of 5.4%.

Grant Thornton US interim CEO Bradley Preber said: “We posted historic revenues last year – in part by doing what has always made us strong: Delivering exceptional value to clients through high-quality audit, tax and advisory services. By combining technology solutions with business knowledge, we’re helping clients drive efficiencies, lower risk and improve quality.”

Preber, who was named interim CEO in June 2019, highlighted the launch of a cloud-based system that increases collaboration among its team and its clients, while also maintaining data protections. The firm also launched new client tools for lease accounting and analytics as well as automating tax-credit processes for clients engaged in research and development efforts.

The firm also rolled out a whole-ledger analytics system, which is part of a suite of tools to improve audit quality and efficiency.

 

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