Comments on: Grant Thornton and BDO Canada Resist the Urge To Merge http://retheauditors.com/2007/04/13/grant-thornton-and-bdo-canada-resist-the-urge-to-merge/ The Business of the Big 4 Audit Firms Wed, 08 Feb 2012 21:24:11 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Francine McKenna http://retheauditors.com/2007/04/13/grant-thornton-and-bdo-canada-resist-the-urge-to-merge/comment-page-1/#comment-22 Francine McKenna Sun, 06 May 2007 02:58:00 +0000 http://76.12.174.187/?p=287#comment-22 Maybe we should see who has worse PCAOB grades. In the old days in the banking industry, the regulators would force a shotgun marriage so a weaker bank wouldn't fail. Just a thought from a professional skeptic. Maybe we should see who has worse PCAOB grades. In the old days in the banking industry, the regulators would force a shotgun marriage so a weaker bank wouldn’t fail. Just a thought from a professional skeptic.

]]> By: Anonymous http://retheauditors.com/2007/04/13/grant-thornton-and-bdo-canada-resist-the-urge-to-merge/comment-page-1/#comment-20 Anonymous Fri, 04 May 2007 23:07:00 +0000 http://76.12.174.187/?p=287#comment-20 This could be the start of a global mergers of smaller accountancy networks. <br/><br/>Interesting in an article in The Bottom Line, Steve Salterio, Queen's University professor, infers that Grant Thornton could be the merged continuing firm in Canada. <br/><br/>Excerpt from the article:<br/><br/><i>So what will the new, and significantly larger, company call itself? It’s likely to stick with an existing name, one recognized around the country if not the globe. <br/><br/>Salterio is putting his money on Grant Thornton as the moniker of choice. <br/><br/>“In the U.S., Grant Thornton has grown by leaps and bounds. One would surmise that one would go with the horse that is winning.”<br/><br/>All of the sound reasons for merging were just as sound a few years ago. So why did serious discussions start only a weeks ago, and why was the ground only fertile in Canada? <br/><br/>“I have wracked my brains. They’re not talking,” said Salterio. <br/><br/>“It’s an enigma,” he noted. There is more to this story than we’re being told.”</i>"<br/> <br/> http://www.thebottomlinenews.ca/index.php?section=article&articleid=248 This could be the start of a global mergers of smaller accountancy networks.

Interesting in an article in The Bottom Line, Steve Salterio, Queen’s University professor, infers that Grant Thornton could be the merged continuing firm in Canada.

Excerpt from the article:

So what will the new, and significantly larger, company call itself? It’s likely to stick with an existing name, one recognized around the country if not the globe.

Salterio is putting his money on Grant Thornton as the moniker of choice.

“In the U.S., Grant Thornton has grown by leaps and bounds. One would surmise that one would go with the horse that is winning.”

All of the sound reasons for merging were just as sound a few years ago. So why did serious discussions start only a weeks ago, and why was the ground only fertile in Canada?

“I have wracked my brains. They’re not talking,” said Salterio.

“It’s an enigma,” he noted. There is more to this story than we’re being told.”“

http://www.thebottomlinenews.ca/index.php?section=article&articleid=248

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