Grant Thornton continues its merging strategy


The International Accounting Bulletin reports that Grant Thornton International has carried out 22 mergers and acquisitions across Canada, Taiwan, Switzerland and Vietnam in the 10 months leading to 1 August 2014.

This latest announcement suggests the international network continues its external growth strategy started in 2012 with the addition of several PFK International member firms around the world, and most notably in Australia and South Africa. According to the International Accounting Bulletin 2014 World Survey, Grant Thornton International ranked as the sixth largest international network with a reported 8 per cent average growth rate, to $4,519m (around R44 190 000) in the year to 30 September 2013. Making it the best-performing top-10 network in 2013.