Client acceptance and reacceptance procedures

Grant Thornton is committed, in the public interest, to professional excellence. The member firms provide high quality services to their clients and expect their partners and staff to meet or exceed the minimum standards set forth in pertinent laws and regulations. Achieving professional excellence means accepting and retaining clients that have the values of quality and integrity shared by Grant Thornton and its member firms.

Grant Thornton’s Key Assurance Assignment Acceptance and Reacceptance Policy is designed to identify and assess those assurance assignments that could present significant risk to Grant Thornton and its member firms. The policy focuses on assignments for existing or prospective clients that meet one or more of the defined criteria for a key assurance assignment (KAA). Member firms must continue to apply rigorously client acceptance policies at the individual member firm level and, in addition to applying these policies, stay alert to other factors that may impact their ability and the ability of other member firms to deliver services with professional excellence. This policy requires member firms to submit client engagements meeting the KAA criteria to a review committee for consideration.