| FINANCE MAGAZINE Accountancy Survey 2008 |
Grant Thornton
| Financial year end date: |
30-06-2008 |
|
FEE INCOME |
| 1.1 Please indicate your fee income for your practice in the Republic of Ireland for your most recent financial year: |
45 |
€ [millions] |
| 1.2 Please indicate your fee income for your practice for all-Ireland (including Northern Ireland) for your most recent financial year: |
56 |
€ [millions] |
1.3 Please give an indication (by p.c.) of the breakdown of this income:
| Audit / Accounting |
50 |
% |
| Tax |
20 |
% |
| Consulting |
5 |
% |
| Corporate Recovery |
10 |
% |
| Corporate Finance |
10 |
% |
| Other |
5 |
% |
|
|
1.4 Please give an indication (by %) of the breakdown of this income by sector:
| Regulatory/Compliance |
50 |
% |
| Financial Services |
25 |
% |
| Wealth Management |
15 |
% |
| Other |
10 |
% |
|
| 1.5 Is your firm part of an international network? |
Yes |
| What is the network's name? |
Grant Thornton International |
| 1.6 How many locations do you have in Ireland? |
3 |
| Please give the locations? |
Dublin, Limerick & Kildare |
PARTNER AND STAFF NUMBERS |
| 2.1 In respect of the Republic of Ireland, please indicate the following partner and staff numbers as of now in each area: |
| |
Contact Name |
Partners |
Non-partner chargeable |
Support Staff |
| Audit / Accounting |
Aidan Connaughton |
|
|
|
| Tax |
Frank Walsh |
|
|
|
| Consulting |
Tony O\'Brien |
|
|
|
| Corporate Recovery |
Paul McCann |
|
|
|
| Corporate Finance |
Michael Neary |
|
|
|
| Regulatory/Compliance |
Tony Thornbury |
|
|
|
| Financial Services |
Niamh Meenan |
|
|
|
| Wealth Management |
Oliver O'Connor |
|
|
|
|
| 2.12 Approximately how many people have you recruited in the current year so far, and how many do you expect to recruit next year? (June to June) |
| |
2007/2008 |
2008/2009 |
| Professionally Qualified |
30 |
30 |
| Non Professional Graduates |
5 |
5 |
| Trainees |
40 |
40 |
|
SALARIES |
| 3.1 At your last general salary review, by how much have you increased non-partner basic pay rates? (estimate) |
5 |
% |
| 3.2 Over the next 12 months how much do you expect salary levels in the industry will change? |
5 |
% |
| 3.3 What percentage of non-partner remuneration do you expect to pay over the next 12 months in the form of bonuses? |
5 |
% |
| 3.4 What non-financial perks and benefits do you offer your employees? eg additional holidays/health insurance/gym memberships/games room etc |
Comprehensive programme aimed at supporting further education and personal development. Additional holidays, health & gym discounts, games room, canteen facilities, health checks, guest speakers and a Sports & Social Club that is funded by the firm. |
PRACTICE MANAGEMENT |
| 4.1 What do you perceive as being the biggest threat for your industry going forward? |
| The effect on the profession if another Big 4 firm were to suffer a similar fate to Andersons. |
| 4.2 What do you perceive as being the biggest opportunity for your industry going forward? |
| Increasing complexity and globalisation of business. |
| 4.3 Are staff shortages still a major problem in the industry? |
No |
| 4.4 Do you feel that the partnership model is outdated? |
No |
4.6 Do you feel the credit crisis will effect your business going forward? |
|
| Explain your decision: |
All businesses will be adversely effected by the economic downturn. However our strong client base and position in some counter-cyclical areas like insolvency will ensure that our firm will continue to perform strongly. |
|
