Joseph H. Loretto
Partner, Audit Services, Grant Thornton LLP
Partner, Grant Thornton Advisors LLC
Dallas, Texas
Executive summary
Joseph Loretto is an Audit partner in the Dallas office and serves as the International Business Center (IBC) director for the U.S. Central region. He is also a member of Grant Thornton’s Partnership Board. Loretto has nearly 25 years of public accounting experience and is responsible for delivering audit and other assurance services to some of the firm’s more complex and larger private and publicly traded entities, including private equity sponsored companies.
He provides significant technical capabilities in auditing under PCAOB, U.S. GAAP, and international standards. He has worked on complex U.S. GAAP, IFRS, and SEC reporting matters — as well as IPO, secondary debt and equity offerings, private placements, and mergers and acquisitions. Loretto is also responsible for developing business within the Dallas and Texoma markets and maintaining a large client portfolio in various industries with a focus on technology, manufacturing, and distribution.
As the IBC director, Loretto helps oversee cross-border international assignments and supports the firm’s global business strategy. Loretto gained significant international business experience working on Grant Thornton assignments in Brazil (2012 - 2014), China (2006 – 2008), and Australia (2004). During his time abroad, he was responsible for overseeing U.S. engagements, delivering training, providing U.S. technical audit and accounting expertise, leading cross-border work, and advising on strategy.
Loretto has a passion for building an inclusive culture through his role as the national executive sponsor for the firm’s Hispanic/Latin(x) business resource group and is a recipient of the Dallas Business Journal’s ‘Leader in Diversity’ award.
Professional qualifications and memberships
- Certified Public Accountant in Texas
- American Institute of Certified Public Accountants (AICPA)
- Association of Latino Professionals for America (ALPFA) — national board member, chair of the governance committee, and finance committee member
- National Association of Corporate Directors (NACD) - member
- European Mentoring & Coaching Council (EMCC) - accredited coach/mentor at the practitioner level
Community Involvement
- YMCA Dallas (Oak Cliff branch) – current board member
- Nexus Recovery Center — former board member and finance committee member
- Houston Food Bank — former member of the finance committee
- The American Society of Sao Paulo — former board member
Education
Industries
- Manufacturing
- Technology
- Transportation & Distribution
- Private Equity
Services
- Audit & Assurance Services
- Manufacturing
- Technology
- Transportation & Distribution
- Private Equity
- Audit & Assurance Services
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