Member firms

Member firms within Grant Thornton International offer a range of services to both public and privately held entities including:

• assurance and accountancy
• tax
• specialist advisory services, including but not limited to
• business risk services
• forensic and investigation services
• recovery and reorganisation services
• transaction advisory services

Member firms within Grant Thornton International are separate independent firms. Each member firm is an independent legal, financial and administrative entity, commonly organised under the laws of the country where it practices.

Member firms are locally owned (with the exception of certain limited instances), operated and managed and are responsible for their own liabilities.

Member firms are not members of one international partnership or otherwise legal partners with each other (with the exception of certain limited instances). Membership within Grant Thornton International does not thereby make any firm responsible for the services or activities of any other member (or correspondent) firm.

Member firms may consist of more than one legal entity. When reference is made to a member firm in this document, we are referring collectively to:

• primary national legal entities that have signed membership and name use agreements with Grant Thornton International;
• secondary national legal entities permitted by a primary entity and Grant Thornton International to use the Grant Thornton name. In this case, the primary entity accepts full responsibility for the secondary entity; and 
• other national legal entities under the control of, under common control with, either a primary or secondary entity. In this case the primary or secondary entity accepts full responsibility for the other entity.

Member firms are solely responsible for any disciplinary measures taken against their individual partners and their personnel. In addition, each member firm is responsible for its own partner nominations, admissions, remuneration, advancement and monitoring.

Responsibilities of member firms
Member firms must agree to periodic quality assurance and other practice reviews by Grant Thornton International.

Member firms’ market focus must develop in line with the overall strategic direction of the organisation as defined by Grant Thornton International, including the development of international business.

Member firms’ owners, partners and staff are forbidden to hold direct or material indirect interests that would be in violation of the independence policies of the profession and Grant Thornton International.

Member firms are expected to adhere to and show commitment to Grant Thornton International policies, procedures and methodologies. This involves:

• adopting Grant Thornton International methodologies, software and risk management requirements for assignments as appropriate;

• adopting Grant Thornton International quality assurance and ethical policies including those related to independence;

• adopting the Grant Thornton brand name in accordance with the procedures set forth in the name use agreement; and

• implementing branding commitments developed by Grant Thornton International.