Grant Thornton International summed up the 2017. The organization’s key achievements are delivering record global revenues of USD 5bn and increasing the number of people in its global network by 5.5%.

“Delivering record global revenues of USD 5bn and reaching 50,000 people worldwide is a great achievement, thanks to the skill, hard work and dedication of our people. We now have a strong platform to create the next generation professional services organization we want to become. I am honored and excited to lead Grant Thornton as we begin our next chapter,” said Grant Thornton’s newly-appointed Global CEO Peter Bodin.

Results for year ending 30 September 2017 in summary:

-    The Grant Thornton network recorded growth of 6.3% on a local currencies basis (4.5% in US dollar terms) with total combined member firm revenues of USD 5.0bn, thanks to particularly strong growth in Asia Pacific and Africa.
-    The number of people in the Grant Thornton network globally grew by 5.5% to 49,601 people in more than 130 countries.
-    The CIS region grew strongly again this year, by recording over 14% increase in revenue.
-    Capabilities added to the network during the year through M&A or other combinations in Australia, Canada, Costa Rica, Denmark, India, Italy, Israel, Poland, South Africa, St. Lucia and Sweden.
-    Assurance services accounted for approximately 41% of total revenues (USD 2.053bn, +1.8%); advisory services 35% (USD 1.736bn +4.1%); tax services 21% (USD 1.045bn +2.1%); and other services accounted for 3% of total revenue at USD 156 million.