The 2014 Grant Thornton global transparency report is a public statement of our commitment to providing high quality assurance services to organisations operating throughout the world.
As part of our continuing focus on transparency, this report is designed to help our many stakeholders (including member firm clients, audit committees, regulators and the general public) to understand our global organisation of member firms Our stakeholders rightly expect us to have people, processes and technology in place that result in actions that are in the public interest, which includes delivering a high quality audit in the countries where our member firms operate. In addition, this report contains information about how member firms provide high quality tax services to their clients.
The combined global revenues of Grant Thornton member firms for the year ended 30 September 2013 were US$4.5 billion, an increase of 8.1% from 2012. Eliminating exchange rate fluctuation in 2013 the growth in local currency terms was 8.9%. Assurance services accounted for approximately 43.3% of that total or $1.96 billion; Advisory services for 29.0% ($1.31 billion); Tax services for 20.5% ($925 million); Outsourcing for 5.7% ($258 million); and Other for 1.5% ($67 million). In 2014 we will continue to focus on quality and build on our member firms’ reputation for distinctive client service. More than 38,500 Grant Thornton people worldwide are committed to making a difference for their clients, other stakeholders and the global community