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16 Nov 2009, 1:25 pm
“The Great Depression in Listings,” as Grant Thornton calls it, is the precipitous decline over the last decade in the number of publicly listed companies in the United States. [read post]
9 Nov 2009, 8:44 am by David Laverty
A few weeks ago, Jim Valderrama from Grant Thornton and I presented at an international roundtable event at the University of Chicago Booth School of Business - our theme was whether we have been seeing a "de-globalization" of US mid-market companies that will extend beyond the recession. [read post]
26 Oct 2009, 3:49 pm
Overstock.com's 2008 10-K/A financial report was audited by PricewaterhouseCoopers and the 2009 10-K financial report will be audited by Grant Thornton.Note: A reader has alerted me that Overstock.com's subsequent events disclosure in Q2 2009 is new required disclosure under SFAS 165. [read post]
8 Oct 2009, 8:55 pm
Overstock.com's GAAP violations in 2008 caused material errors in 2009 financial reports that Grant Thornton must audit. [read post]
The Texas Supreme Court has only issued a single opinion in the new fiscal year (which began September 1) - a per curiam mandamus grant in a discovery dispute. [read post]
29 Sep 2009, 3:00 am
” Grant Thornton is looking for “people with a passion for the business of accounting. [read post]
25 Sep 2009, 7:14 am
Noting that the engagement partner signature initiative is still in the embryonic stage in the EU, Deloitte asked the PCAOB to wait until it can more thoroughly assess the impact on audit quality, if any, of the signature requirement in the EU.In its comments, Grant Thornton said that requiring engagement partner sign off could disrupt the intricate corporate governance structure set up by Sarbanes-Oxley, with the audit committee in a key role. [read post]
22 Sep 2009, 2:39 am
Bar Identifies Lawyers Probed for Loan Work Jury Weighs Conflicting Opinions on Link of Zoloft Use to Violence Winston & Strawn Wins Dismissal for Grant Thornton in Parmalat Suit Former Nixon Peabody Lawyer Hit With Insider Trading Charges Judge Won't Budge on Attorney Fees in Modeling Agency Price-Fixing Settlement The Supreme Court Cert Pool: Sotomayor Joins It, Lawyers Attack It [read post]
13 Sep 2009, 6:20 am
LEXIS 79719 (D KS, Sept. 2, 2009), a Kansas federal district court granted a prison food service provider's motion for summary judgment, finding that plaintiff had not produced evidence he was denied a properly prepared kosher diet.In Sosa v. [read post]
10 Sep 2009, 9:07 am
Grant Thornton (2009 rank 51, 2008 rank 76) and RSM McGladrey Pullen (2009 rank 66, 2008 rank 104).We blogged about last year's ranking[bigfouralumni.blogspot.com]where we said"Great news for Big Four Alumni! [read post]
27 Aug 2009, 3:06 pm
Judge Thornton takes the hit for trying to do the right thing. [read post]
26 Aug 2009, 3:55 am
Just to put it at its mildest, if Grant Thornton and Ritz [acting for the defendant]were to give evidence in a trial which conflicted as to their findings, the only way the court could resolve that conflict would be by investigating their methods and forming a view as to which method is better. [read post]
6 Aug 2009, 6:03 pm
My colleagues, Dennis Powers and Ty Laurie, just hosted a presentation about mothballed construction projects in collaboration with consultants James Schmid and Melissa Dimitri from Grant Thornton. [read post]
6 Aug 2009, 6:51 am
He also dropped similar cases against accounting firm KPMG LLP, Ernst & Young LLP, Grant Thornton LLP and PricewaterhouseCoopers LLP. [read post]
28 Jul 2009, 5:36 pm
In three previous blog posts, I detailed how Overstock.com (NASDAQ: OSTK) violated Generally Accepted Accounting Principles (GAAP) and SEC disclosure rules by improperly deferring the recognition of an accounting error to create a cookie jar reserve to inflate future profits. [read post]
23 Jul 2009, 10:19 am
Ernst & Young and Grant Thornton offered their outlooks for the private equity industry in two separate reports this week, while Clayton Dubilier & Rice's Kevin Conway talked about the future of private equity -- and the possibility of tighter industry regulations. [read post]
14 Jul 2009, 8:59 am
Last week the the Public Company Accounting Oversight Board released reports on auditors Grant Thornton and BDO Seidman. [read post]
14 Jun 2009, 6:58 pm
CG Review 2009: India 101-500 (March 2009) by FICCI & Grant Thornton; 4. [read post]
10 Jun 2009, 12:27 pm
"And Grant Thornton's larger scale US surveys, supported by unrelated data points from other Big4 surveys, seems to indicate that optimism to a large measure has returned to the executive mindset and managers seem to be positively oriented towards higher growth and better future prospects. [read post]