This time around when Ed Nusbaum, the CEO of professional services firm Grant Thornton (GT) is visiting India topics of discussions are different; talk isn't about the usual fight with the Big Four firms but about managing growth. In meeting after meeting, GT clients are telling Nusbaum that they need help during audit rotation, Goods and Services Tax (GST) roll out and the Indian Accounting Standards Rules adoption. And when GT India managing partner Vishesh Chandiok tells Nusbaum, that "though gunning for more, he could 'live' with the present 35 per cent plus compound annual growth rate (CAGR) in India audit business", the global CEO breaks into a wide grin. In a chat with ET , Nusbaum and Chandiok talk about changes in Indian auditing market, the GST roll out, and of course Brexit.
This article apeared in Economic Times on 26th August, 2016.