GB
Grant Thornton LLP
Major international accounting network penalized for audit failures in Patisserie Valerie and Parmalat.
AUDIT FIRM RECORD
- Audit Firm: Grant Thornton LLP
- Jurisdiction: GB
- Indexed Audit Cases: 2 major corporate fraud cases.
- Regulatory History: Major international accounting network penalized for audit failures in Patisserie Valerie and Parmalat.
CLIENT CASES INVOLVING GRANT THORNTON LLP
2 CASES IN LIBRARY| Case Title | Jurisdiction | Status | Primary Scheme | Overstatement | Action Date |
|---|---|---|---|---|---|
| Parmalat: $4.9B Forged Bank of America Deposit Certificate | IT | Adjudicated | fictitious cash and assets | $4.9B | September 20, 2005 |
| Patisserie Valerie: £94M Forged Invoices and Secret Overdrafts | GB | Adjudicated | fictitious revenue | $120.0M | September 20, 2021 |