Press listing
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09/07/09 Grant Thornton welcomes new global IFRS standard for privately held businesses
The new International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) could transform the way privately held businesses (PHBs) around the world prepare their accounts said Grant Thornton, as it welcomed the publication of the global standard by the International Accounting Standards Board (IASB). The global accounting organisation believes the new standard offers a unique opportunity to create a standardised accounting framework for privately held businesses throughout the world.
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03/06/09 Grant Thornton International announces new CEO
Edward Nusbaum will serve as the next CEO of Grant Thornton International, effective January 1, 2010. Grant Thornton International is one of the world's leading global accounting organisations, with more that 30,000 partners and staff in over 100 countries. He succeeds David McDonell who will retire after eight years as Grant Thornton International CEO.
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22/04/09 Middle East stock exchanges must deliver greater transparency, says new report
Transparency and corporate governance are emerging as critical issues for capital markets in the Middle East, according to a new report from Grant Thornton International which has analysed the region's 14 stock exchanges.
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11/03/09 Merger and acquisition plans remain resilient for privately held businesses around the world
When privately held businesses (PHBs) from 36 economies across the world were asked about their deal plans for the next three years, it surprisingly reveals a resilient attitude towards acquisitions in the prevailing global economic downturn, according to the findings of Grant Thornton International Business Report 2009.
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06/03/09 More Singapore women are breaking the corporate glass ceiling
In Singapore, women’s participation in senior management in business has moved up to 28% from 21% in 2007 according to a research by Grant Thornton International.
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25/02/09 No pay rises at a quarter of privately held businesses in 2009 - globally
Employees at nearly a quarter of privately held businesses (PHBs) around the world could be worse off in the year ahead.
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18/02/09 Shortage of orders hit businesses globally
New research into the biggest constraints on the success of privately held businesses (PHBs) shows that, for the first time in six years, a shortage of orders is seen as the biggest constraint.
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28/01/09 Survival for privately held businesses could become a global lottery at the hands of lenders suggests new research
New research comparing the expectations of privately held businesses (PHBs) about access to finance in 2009, against how supportive they feel their lenders are being in the current climate, suggests PHBs could be facing a global lottery for survival or failure at the hands of their lenders.
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05/01/09 Global league table shows slump in optimism amongst privately held businesses but also pockets of hope
Optimism amongst privately held businesses (PHBs) around the world has slumped by 56% in the last 12 months and pushed the Grant Thornton International optimism/pessimism barometer to a record negative balance of -16% compared to +40% this time last year. For Singapore PHBs, there is a sharp fall in optimism by 69%.