Remedial actions

In summary, one of the principal responsibilities of Grant Thornton is the setting and maintenance of standards for continued membership. These standards include compliance with all professional, statutory and regulatory mandates governing the performance of audit engagements. Grant Thornton has established policies for remediating violations and deficiencies identified in GTAR inspections. This policy includes graduated remedial actions, up to and including referring the firm to the complaints and dispute resolution process. The type of remedial action recommended will depend on the nature and severity of the violation or deficiency.