Instead, they may sue other member firms
and the umbrella organization as well in pursuit of deeper pockets or, if the member firm
that provided services is based outside the United States, to avoid jurisdictional issues.
of Grant Thornton International, a global accounting organization with operations in over 110 countries, today announced a new, comprehensive approach to serving private equity firms and their portfolio companies that will significantly enhance the value of the services received from Grant Thornton.
Auditors will make this determination by consulting a database of restricted entities, which the new rules say each member firm
must create and maintain.
of Grant Thornton International, one of six global accounting, tax and business advisory organizations, today announced its managing partner of strategic relationships, Cono R.
The quality of all member firm
audits has improved.
In the United States, Deloitte & Touche USA LLP is the member firm
of Deloitte Touche Tohmatsu, and services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.
LLP has agreed to represent SES as its lead independent auditor in the United States, supplementing the efforts of KPMG Huazhen, the China member firm
of KPMG International, which formerly handled SES' auditing function on an exclusive basis.
Deloitte & Touche USA LLP is the US member firm
of Deloitte Touche Tohmatsu.
However, SECPS member firms
made it clear that the AICPA should play an important role for them in the new regulatory environment by representing public company audit firms before the SEC and PCAOB, keeping them abreast of issues, and maintaining a peer review program for the firms' non-issuer practices that enables them to meet their state licensing, federal regulatory and AICPA membership requirements.
Will Enjoy Packaged Offerings Designed Specifically for Legal Community
In keeping with its mission to serve as a comprehensive resource for member firms
, the GAQC Web site offers relevant technical and practice management information through a convenient online source.
Provide a forum for member firms
to discuss and express their views on matters that affect public company audits.