Grant Thornton is one of the world's largest professional services networks. Offering independent audit and insurance, tax, and advisory capabilities, the firm helps businesses grow, operate more effectively, manage risk and regulation, and realize stakeholder value. The consulting unit includes a forensics, investigations, and litigations branch that researches economic foul play and advises corporations involved with criminal abuse lawsuits on how to protect their reputation and avoid costly business interruptions.
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Grant Thornton is one of just six worldwide tax, audit and advisory organizations. Although not a member of the so-called Big Four, the firm has established itself as a fairly big fish. The firm can trace its roots back to 1924, when Alexander Grant, only 26 at the time, left Ernst & Ernst (now Ernst & Young) to start his own public accounting firm, Alexander Grant & Co. As the firm grew it, absorbed 49 other firms, most notably the U.K.-based Thornton Baker, and in the mid-1980s the firm rebranded itself Grant Thornton.
Despite its exclusion from the Big Four, Grant Thornton's structure is very similar, with each member firm acting as its own distinct, legal entity. And, like PricewaterhouseCoopers and Ernst & Young, the firm features a U.K.-based limited company as...