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Grant Thornton Tajikistan merger

12 Oct 2012

Grant Thornton Tajikistan has merged with leading local audit firm, Esho Audit LLC. The merger took effect officially from 24 August 2012. The firm will operate from two offices based in the capital city, Dushanbe. The combined firm will have three partners and 30 staff, led by Gurgen Hakobyan and will continue to operate as Grant Thornton Tajikistan.

How to improve the auditor's report

11 Oct 2012

Grant Thornton supports the International Auditing and Assurance Standards Board (IAASB) draft document to improve the auditors report, and suggests additional emphasis on certain key issues.

New firms in Gabon, Ivory Coast and Togo

02 Oct 2012

Grant Thornton has announced the appointment of three new member firms in Francophone Africa: Gabon, Ivory Coast and Togo, who joined the global network from 1 October 2012 and will be operating as Grant Thornton in their respective countries.

Grant Thornton support for illustrators

01 Oct 2012

The Association of Illustrators (AOI) presents Images 36: Best of British Illustration, an exhibition that features the winning work of over 50 artists from the length and breadth of the UK, who entered the AOI’s annual flagship competition, images.

Best business growth environments unmasked

28 Sep 2012

Growing businesses would be wrong to overlook developed economies in favour of emerging economies, according to the new Grant Thornton Global Dynamism Index (GDI). The index reveals that despite facing low growth in the short-term, many developed economies still offer businesses favourable conditions for future growth.

The debate over levels of CEO remuneration

08 Aug 2012

Two-thirds (67%) of business leaders around the world say that shareholders should have greater involvement in establishing remuneration policy for senior executives at large public companies and 66% believe that senior executives are paid too much, according to a global survey of 3,000 businesses in 40 countries.

Bureaucracy threatens growth prospects

01 Aug 2012

Regulations and red tape are the greatest constraint to business growth, according to the Grant Thornton International Business Report, a global survey of 3,000 businesses in 40 countries. Regulations and red tape was cited by 34% of the businesses, followed by shortage of orders/reduced demand (33%) and the cost of finance (22%).

Internal devaluation in EU bailout economies

31 Jul 2012

Unable to devalue their currencies as a means to increase the price competitiveness of goods and services, new research shows that the EU bailout economies are showing signs of undergoing a process of internal devaluation. As a consequence of austerity measures and low levels of economic activity, wages and selling prices in these countries look set to fall relative to other economic regions, according to Grant Thornton's International Business Report (IBR) - giving a much needed boost in competitiveness to businesses in those countries.

Do major sporting events benefit economies?

26 Jul 2012

Businesses in emerging markets most value the ability of big sporting events to attract investment to their economies, whilst counterparts in developed economies view them as less important, according to new research from the Grant Thornton International Business Report (IBR).

Eurozone crisis hits 40% of companies

23 Jan 2012

Four in ten businesses globally say the eurozone crisis has had a negative impact on their business, according to the latest Grant Thornton International Business Report (IBR). This is estimated to have wiped US$2trillion off revenues globally. With the crisis still rumbling on, the research also highlights the long-term damage to the prospects of the EU as businesses consider doing less trade in the region in the future.