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Press releases

  • 12/23/09 7:08 am CST

    Farber, Katz and LaFleur re-elected to board; Katz re-elected as chairman

    At Grant Thornton LLP’s Annual Partners Meeting in November, the partners and principals elected Chicago-based Audit Partner Jeff Robinson to the Partnership Board. Incumbents who were re-elected to the board include Scott Farber, Irvine, Calif., Audit partner and West Region – South International Business Center director; Jack Katz, Financial Services national managing partner and New York cluster managing partner; and Rich LaFleur, Mid-more...
  • 12/22/09 7:08 am CST
    Grant Thornton LLP’s National Managing Partner of Professional Standards John (Arch) Archambault is one of 10 new members appointed to the Financial Accounting Foundation’s (FAF) Financial Accounting Standards Advisory Council (FASAC), effective Jan. 1, 2010. The FASAC is responsible for advising the Financial Accounting Standards Board (FASB) on technical issues, project priorities and other matters that affect standard settingmore...
  • 12/17/09 7:08 am CST
    Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, is pleased to announce that Rear Admiral Robert Duncan has joined the Global Public Sector (GPS) practice as an executive director. Admiral Duncan will work in the International practice out of the firm’s office in Alexandria, Va., as well as the recently established office in Dubai, UAE. Prior to joining Grant Thornton, Admiral Duncan served as President andmore...
  • 12/14/09 7:08 am CST
    The past 12 months have brought little relief from the effect of economic gyrations on the world of state and local taxation. States have grappled with ways to cut expenses and bring in revenue through a variety of methods. Some states had no choice but to resort to tax rate increases in an attempt to generate additional revenue. As for others, the top stories in state and local tax this year, in large part, reflect the diverse methods by whichmore...
  • 12/10/09 7:08 am CST
    In July 2009, the SEC released proposed amendments to the proxy disclosure rules to enhance the reporting of executive compensation by public companies in their annual proxy statement filing with the SEC. If adopted, these proposed changes would be effective for the 2010 proxy season. Included in the proposed amendments is a major change in how equity-based awards are to be reported in the Summary Compensation Table (SCT) and Directormore...
  • 12/1/09 7:08 am CST
    Vincent Tomkinson has been named managing partner of Grant Thornton LLP’s Southfield, Mich., office. Prior to being named managing partner, Tomkinson was an Audit partner serving both publicly traded and privately held clients in a variety of industries. “I am excited about the opportunity to lead Grant Thornton’s Detroit office and work with our partners as we build on our reputation of providing outstanding client service in themore...
  • 11/30/09 7:08 am CST

    New M&A defense technology report available

    Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, one of the Global Six accounting, tax and advisory organizations, announces the formation of a new national practice focusing on the Aerospace and Defense (A&D) industry, combining the existing A&D practices in several offices with the firm's national industry focus. The practice will be led by Charles H. "Chip" Schweiger, an Audit partner in the firm's Denvermore...
  • 11/30/09 5:00 am CST

    Slight uptick in hiring, but majority now believe recession won’t end until second half of 2010 or later

    CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP’s Business Optimism Index, a quarterly confidence measure of U.S. business leaders, remained relatively steady at 60.4 in November (it was 60.9 in August 2009). More business leaders say that their companies plan to increase staffing in the next six months – up to 30 percent from 26 percent in August. However, the business leaders’ outlook for the future continues to shift, with only one-third (33more...
  • 11/23/09 5:00 am CST
    CHICAGO--(BUSINESS WIRE)--The year-end charitable giving season is upon us, and Grant Thornton LLP wants to make sure Americans don’t miss out on the federal tax rewards available for their charitable contributions. “Generosity is its own reward, but that doesn’t mean you should miss out on the tax benefits of your gifts,” said Justin Ransome, a partner in Grant Thornton’s National Tax Office. “Many people donmore...
  • 11/18/09 5:00 am CST
    CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP wants to remind America that it’s the perfect time to consider some holiday season tax planning strategies as 2009 winds down. “It’s a shame that so many people forget about their taxes until April 15,” said Justin Ransome, a partner in Grant Thornton’s National Tax Office. “A little more planning in November and December can go a long way in April.more...
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