Grant Thornton achieve record high revenue
Grant Thornton LLP has achieved record high annual revenue mark. $1.274 billion in revenue was generated in fiscal year 2013 which is up 5 percent from the previous year.
There has been revenue increases across various service lines at Grant Thornton. Advisory services are top with a 9 percent increase from 2012. Audit services has increased 2 percent and Tax services increased 6 percent in annual revenue. There was also great increases in the firm’s financial services, energy and health care practices.
In a statement Grant Thornton CEO Stephen Chipman said, “Attaining record revenues in a still tepid economic environment is a testament to our long-term strategy of focusing on dynamic, mid-sized clients that are poised for growth.” “We continue to invest in talent who make a marked difference in the quality and breadth and depth of our services to clients in our chosen markets.”
The firm has also said that it resolved several long-standing legal matters throughout the year. Also it made several notable investments, including the opening of a shared service centre in Bangalore, India, and the recent acquisition of the Oracle Solutions business unit of MarketSphere LLC .
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