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Grant Thornton LLP is the American member firm of Grant Thornton International, the seventh largest accounting network in the world by combined fee income. [2] Grant Thornton LLP is the seventh largest U.S. accounting and advisory organization. [ 3 ]
Grant Thornton is a multinational professional services company based in London, England.It is the world's seventh-largest by revenue and sixth-largest by number of employees professional services network [3] of independent accounting and consulting member firms which provide assurance, tax and advisory services to privately held businesses, public interest entities, and public sector entities.
RSM International, branded RSM since 2015, is a multinational network of accounting firms forming the sixth-largest accountancy professional services network in the world by revenue. [ 2 ] [ 3 ] RSM's member firms are independent accounting and advisory businesses, each of which practices in its own right and is unified as part of the network.
The head office of Raymond Chabot Grant Thornton is located in the National Bank Tower. Jacques Raymond was born in Montréal on 30 September 1919, to French-Canadian parents. After secondary studies at Collège Jean-de-Brébeuf in Outremont , he took night courses at HEC Montréal , and obtained his title of Chartered Accountant .
Accounting networks were created to meet a specific need. “The accounting profession in the U.S. was built upon a state-established monopoly for audits of financial statements.” [4] Accounting networks arose out of the necessity for public American companies to have audited financial statements for the Securities and Exchange Commission (SEC). [5]
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The firm was founded in 1926 by Ira B. McGladrey (1883-1952) in Cedar Rapids, Iowa.McGladrey became a prominent figure in public accounting in Iowa, serving as President of the Iowa Society of Certified Public Accountants, chairman of the Iowa Board of Accountancy, as well as a member of the Rules Committee of the American Institute of Certified Public Accountants, the premier governing body ...