IFRS - there's nowhere to hide - Grant Thornton
IFRS - there's nowhere to hide - Grant Thornton
IFRS - there's nowhere to hide - Grant Thornton
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12<br />
Volume 2. November 2005<br />
You are always welcome <strong>to</strong><br />
contact us...<br />
chat line<br />
...features exciting developments at our firm.<br />
<strong>Grant</strong> Thorn<strong>to</strong>n International turns 25<br />
<strong>Grant</strong> Thorn<strong>to</strong>n International celebrates 25 years as the<br />
longest same-name international accounting network. This<br />
worldwide umbrella organisation of independent<br />
accounting firms now boasts 91 independent member<br />
firms in 88 countries.<br />
South Africa became a member of the international<br />
network in 1991, whilst still known as Kessel Feinstein.<br />
To celebrate this miles<strong>to</strong>ne, twenty-five year old employees<br />
were interviewed on why they joined <strong>Grant</strong> Thorn<strong>to</strong>n. Many were attracted by the<br />
integrity and professionalism of the firms, opportunities for personal and<br />
professional development and the work environment. Here is what Duan Brink,<br />
Assistant Audit Manager, Johannesburg, thinks of the firm:<br />
“The firm affords employees a lot of opportunity for growth, allowing them <strong>to</strong><br />
excel in their chosen fields.”<br />
New partner in Durban<br />
Congratulations <strong>to</strong> Ahmed Timol, who was appointed as<br />
partner in our Durban office in September. Ahmed joined<br />
<strong>Grant</strong> Thorn<strong>to</strong>n as a trainee in 1999 and, on completion<br />
of his articles, was appointed an Audit Supervisor and<br />
then Audit Manager in July 2002.<br />
Ahmed completed his BCom degree at the University of<br />
Natal, in 1991 and obtained his postgraduate diploma in<br />
accounting the following year.<br />
In the Queen's favour<br />
<strong>Grant</strong> Thorn<strong>to</strong>n International's Worldwide CEO, David<br />
McDonnell has been honoured by Queen Elizabeth II as a<br />
Commander of the British Empire (CBE) as part of<br />
her 2005 birthday honours list. These decorations are<br />
awarded <strong>to</strong> people who have made a distinguished<br />
contribution <strong>to</strong> the country or community.<br />
David, who has been with <strong>Grant</strong> Thorn<strong>to</strong>n for over<br />
40 years comments, “It is obviously a great honour <strong>to</strong><br />
receive the CBE on a personal level and I am<br />
genuinely delighted. However, it must be recognised<br />
that my appointment is a great reflection on the firm<br />
as a whole.”<br />
Fond farewell<br />
The Johannesburg office recently said goodbye <strong>to</strong> two<br />
partners.<br />
Janys Finn, the first female <strong>to</strong> have been made<br />
partner left <strong>Grant</strong> Thorn<strong>to</strong>n at the end of September<br />
<strong>to</strong> join Investec.<br />
Jack Laser, who has been a partner for 18 years retired at the end of Oc<strong>to</strong>ber.<br />
Jack will be staying on in a consultative capacity.<br />
Cape Town<br />
Deryck Woolley<br />
The Pinnacle, 5th Floor, Cnr Strand & Burg Street,<br />
Cape Town, 8001<br />
P O Box 1550, Cape Town, 8000<br />
T +27 (0) 21 481 9000<br />
F +27 (0) 21 481 9020<br />
E mail@gtct.co.za<br />
Durban<br />
Tony Berman<br />
2nd Floor, 4 Pencarrow Crescent, Pencarrow Park,<br />
La Lucia Ridge Office Estate, 4019.<br />
P O Box 752, Durban, 4000<br />
T +27 (0) 31 576 5500<br />
F +27 (0) 31 576 5555<br />
E mail@gtdbn.co.za<br />
East London<br />
Tony Balshaw<br />
26 Vincent Road, Vincent, 5247<br />
P O Box 313, East London, 5200<br />
T +27 (0) 43 726 9898<br />
F +27 (0) 43 726 9899<br />
E gtel@gtec.co.za<br />
Johannesburg<br />
Leonard Brehm<br />
137 Daisy Street, Cnr Grays<strong>to</strong>n Drive,<br />
Sandown, 2196<br />
Private Bag X28, Benmore, 2010<br />
T +27 (0) 11 322 4500<br />
F +27 (0) 11 322 4545<br />
E info@gt.co.za<br />
Port Elizabeth<br />
Tony Balshaw<br />
165 Cape Road, Port Elizabeth, 6001<br />
PO Box 35133, New<strong>to</strong>n Park, 6055<br />
T +27 (0) 41 373 4200<br />
F +27 (0) 41 373 4201<br />
E gtpe@gtec.co.za<br />
Pre<strong>to</strong>ria / Tshwane<br />
Johan Blignaut<br />
121 Boshoff Street,<br />
New Muckleneuk, 0181<br />
P O Box 1470, Pre<strong>to</strong>ria, 0001<br />
T +27 (0) 12 346 1430<br />
F +27 (0) 12 346 2502<br />
E gtpta@gtpta.co.za<br />
Media enquiries...<br />
Jennifer Kann<br />
T +27 (0) 11 322 4588<br />
E jkann@gt.co.za<br />
Edi<strong>to</strong>rial Panel: Leonard Brehm, National Chairman;<br />
Pamela Grayman, National Marketing Principal;<br />
Jennifer Kann, Communications Manager;<br />
David Reuben, Partner<br />
Audi<strong>to</strong>rs, Accountants & Business Advisers<br />
South African member of <strong>Grant</strong> Thorn<strong>to</strong>n International<br />
Sub-Saharan Offices in: Botswana, Kenya, Mauritius,<br />
Namibia, Tanzania, Uganda and Zambia<br />
Visit our website on www.gt.co.za<br />
Are you an Alumni You can update or register your details with us at www.gt.co.za<br />
Advisers <strong>to</strong> the independently minded