Foreword from the CEO

Ed Nusbaum
Chief executive officer
Grant Thornton International

The 2011 Grant Thornton International transparency report is a public statement of our commitment to provide high quality assurance services to organisations operating all over the world.

As part of our continuing focus on transparency, the report aims to help our many stakeholders (including clients, audit committees, regulators and the general public) understand our global organisation – our governance and management structure and how Grant Thornton member firms deliver high quality assurance services throughout the world. Our stakeholders rightly expect us to have people, processes and technology in place that result in quality service regardless of where we operate.

I have just completed my first year as chief executive officer of Grant Thornton International. While the economies of many countries improved in 2010, I continue to see challenges ahead as businesses, investors and governments come to terms with today’s economic landscape. We are passionate about our role in addressing these challenges and increasing confidence in the world’s capital markets.

Our combined global revenues for the year to 30 September 2010 were $3.7 billion, a healthy increase of 2.3% from 2009. Assurance services accounted for approximately 46% of revenues.

In 2011 we will continue to focus on quality and build on our reputation for distinctive client service. Grant Thornton member firms, and our 30,000 people worldwide, are committed to making a difference for clients, other stakeholders and the global community.

Ed Nusbaum
Chief executive officer
Grant Thornton International

March 2011