Grant Thornton lays off 300
The Top 10 Firm laid off about 3% of its staff, mostly in the advisory and tax business lines.
Source: accountingtoday.com
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RSM to pay $3.75M penalty to SEC for improper audits
The Top 10 Firm was penalized for improper professional conduct for failing to properly audit a client.
Source: accountingtoday.com
CFO pessimism is on the rise, says Grant Thornton survey
Chicago-based Top 10 firm Grant Thornton found that finance leaders, who were already concerned about inflation, grew even more pessimistic about the road ahead.
Source: accountingtoday.com