Grant Thornton
- Licensed CPA firm — can issue (sign) a SOC 2 report
- AICPA peer review: Pass · 2022-06-01 to 2023-05-31 · View AICPA record →
Grant Thornton is a mid-tier SOC 2 audit firm in Chicago, IL, USA that charges $32K–$115K for Type II audits with 5–14 week fieldwork-to-report timelines. Founded in 1924, they hold 3 accreditations and specialize in Technology, Private Equity, Healthcare, and 1 more. Their pricing is above average compared to the mid-tier average of $28.7K–$76K.
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How Much Does Grant Thornton Charge for SOC 2?
Estimated Type 1 and Type 2 ranges, placed against the broader mid-tier peer set. Numbers are directional; final pricing depends on scope, Trust Services Criteria, evidence quality, and observation period.
- Type I Cost
- $22K–$65K
- Type II Cost
- $32K–$115K
- Timeline
- 5–14 wk
- Team Size
- 8000-10000
- Report Delivery
- 5-8 weeks
- Response Time
- 2-3 business days
Type II Pricing Position
Note: Pricing shown is estimated based on typical engagements. Use our SOC 2 cost calculator for a personalized estimate.
Timeline: The 5–14 week figure is the audit fieldwork-to-report window once evidence is ready, not the full engagement. A SOC 2 Type II also requires an observation period, typically 3–12 months depending on scope, before that window begins.
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- Pricing context
- 2%
- Timeline context
- 43%
- Certifications
- 3
of Mid-tier firms charge more for Type II.
of Mid-tier firms have longer minimum timelines.
listed certifications. Tier average: 2.
Compare Grant Thornton with Similar Mid-tier Firms
Side-by-side pricing, timeline, and certification counts for the closest-priced peers in the mid-tier tier.
| Grant Thornton | RSM US | BDO USA | Crowe LLP | Baker Tilly | AAFCPAs | |
|---|---|---|---|---|---|---|
| Type II Cost | $32K–$115K | $30K–$120K | $30K–$110K | $40K–$100K | $28K–$100K | $30K–$80K |
| Type I Cost | $22K–$65K | $20K–$60K | $20K–$62K | $25K–$50K | $18K–$55K | $20K–$60K |
| Timeline | 5–14 wk | 5–14 wk | 5–13 wk | 4–9 wk | 4–12 wk | 6–12 wk |
| Team Size | 8000-10000 | 16000–18000 | 13000–15000 | 5400–6000 | 3500–5000 | 350–1000 |
| Certifications | 3 | 2 | 3 | 3 | 2 | 3 |
| Founded | 1924 | 1926 | 1910 | 1942 | 1931 | 1973 |
Grant Thornton Industry Fit
For buyers in Technology and Private Equity, Grant Thornton fits the mid-tier profile when timeline (5–14 weeks) and Type II pricing ($32K–$115K) align with what mid-tier firms typically deliver. Their 3 active accreditations, including Global Network, extend that fit beyond pure SOC 2 into adjacent compliance frameworks.
Who Should Hire Grant Thornton?
PE-backed companies and middle market firms with growth plans
What Makes Grant Thornton Different?
Strong private equity relationships and transaction support
Is Grant Thornton Right for You?
- You're an enterprise needing a comprehensive, large-scope audit
- You're in healthcare and need HIPAA-aware auditors
- You already use Sprinto and want an auditor who integrates with it
- You want the stability and capacity of a large audit team (8000+ professionals)
- You value an established firm with 102+ years of audit experience
of 5 criteria match. Get a personalized quote
Industries served
Works with these GRC platforms
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Industries, certifications, and platforms.
Tags below are preserved as crawlable text because they drive industry, accreditation, and GRC-platform comparisons across firm pages.
What Industries Does Grant Thornton Serve?
4 industries. Mid-tier average: 6.
What Certifications Does Grant Thornton Hold?
3 certifications. Mid-tier average: 2.
What Platforms Does Grant Thornton Integrate With?
Audit Platform
GT Portal
Grant Thornton SOC 2 Audit FAQ
Firm-specific answers generated from the directory record and preserved in FAQPage schema.
How much does a SOC 2 audit from Grant Thornton cost?
Grant Thornton SOC 2 Type I audits typically range from $22K to $65K. Type II audits range from $32K to $115K. This is above average for mid-tier firms — the mid-tier tier average is $28.745K–$76.043K. Final pricing depends on your organization's scope, number of trust service criteria, and system complexity.
How long does a SOC 2 audit take with Grant Thornton?
The 5–14 week range is Grant Thornton's audit execution and report-delivery window once evidence is available. It is the fieldwork-to-report window, not the full engagement. A SOC 2 Type II also requires an observation period, typically 3–12 months depending on scope, before that window begins, while a Type I is a point-in-time assessment with no observation period. Actual timelines depend on readiness, scope, and evidence availability.
What industries does Grant Thornton specialize in?
Grant Thornton has deep expertise in Technology, Private Equity, Healthcare, Real Estate. They are best suited for PE-backed companies and middle market firms with growth plans
What accreditations does Grant Thornton hold?
Grant Thornton holds 3 accreditations: AICPA, CPA Firm, Global Network.
What audit platform does Grant Thornton use?
Grant Thornton uses GT Portal for their audit engagements. They integrate with Sprinto for evidence collection and compliance automation. Reports are delivered via 5-8 weeks.
Is Grant Thornton a good SOC 2 auditor?
Grant Thornton is a mid-tier SOC 2 audit firm founded in 1924 with 102 years of experience. Strong private equity relationships and transaction support They are best suited for organizations that need technology, private equity, healthcare expertise.
Where is Grant Thornton located?
Grant Thornton is headquartered in Chicago, IL, USA. They serve clients across the United States and can conduct SOC 2 audits remotely.
How does Grant Thornton compare to other mid-tier SOC 2 auditors?
Compared to the 47 mid-tier firms in our directory, Grant Thornton's Type II pricing ($32K–$115K) is above average (tier average: $28.745K–$76.043K). They hold 3 certifications vs. the tier average of 2. Their minimum timeline of 5 weeks is comparable to the tier average.
Who should hire Grant Thornton for a SOC 2 audit?
Grant Thornton is best suited for PE-backed companies and middle market firms with growth plans Their key differentiator is: Strong private equity relationships and transaction support
Questions to Ask Grant Thornton Before Hiring
A buyer-side checklist. Bring these to your first call — the answers separate firms that have run hundreds of SOC 2 engagements from firms that are bidding on them.
- Your team is sized at 8000-10000. How many auditors will be assigned to my engagement, and who is the engagement lead — a partner, a senior manager, or a staff auditor?
- You quote 5–14 weeks. What pushes a project to the longer end of that range, and what does "audit-ready on day one" look like to you?
- Your Type II range is $32K–$115K. What's included at each end, and what scope changes would push pricing above the top of that range?
- You integrate with Sprinto. If our team uses a different GRC tool, what's the evidence-handoff process and does it change your fee?
- Who reviews and signs the report on your side — is that a partner-level CPA, and how involved are they during fieldwork versus only at sign-off?
- How do you handle subservice carve-outs (e.g., AWS, GCP, Azure) versus inclusive subservice organizations when defining our scope?
- When you find an issue mid-audit, what's your remediation cadence — same-day flagging, weekly checkpoints, or an end-of-fieldwork rollup?
- Do you have surge windows (e.g., Q4 financial-year close) when start dates slip, and how far in advance do we need to lock the engagement to avoid them?
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