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The regulator has penalized two members of Grant Thornton International (GTI).
U.S. markets regulator the SEC has charged two member firms of Grant Thornton International (GTI), Grant Thornton India LLP and Australia-based Grant Thornton Audit Pty Limited, with auditor independence violations. Specifically, the two GTI member firms “represented in audit reports that they were independent of their respective audit clients when the audit clients paid fees...
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