Clarkson Gordon & Co

Clarkson Gordon (also known as Clarkson Gordon & Co and through the 1930s Clarkson Gordon & Dilworth) was a national Canadian accounting and receivership business founded in Toronto, Upper Canada in 1864. It was known as a finishing school for Canadian business elite, and its managing partners are directly attributed for developing key bankruptcy and insolvency reform in Canada as well as innovations in receivership and development of receivership rules through legal challenges. [1] At its peak, Clarkson Gordon provided auditing to all five of Canada's largest banks. Clarkson Gordon was headquartered in Toronto, Ontario, Canada until 1989 when it merged with Ernst & Young following the merger of Ernst & Whinney and Arthur Young & Co, creating the largest accounting firm in the world. At the time of its merger with Ernst & Young, Clarkson Gordon was the second largest firm within the EY Network, and was rebranded as EY Canada.[2]

Clarkson Gordon & Co
TypePartnership
IndustryFinancial Services
Founded1864 (as Clarkson & Munro)
Defunct1989 title=Rebranded as EY Canada
Headquarters
Toronto, Ontario
,
Canada
Key people
Thomas Clarkson (Upper Canada)
(Founder)
Walter L. Gordon
(Name Partner)
Geoffrey Teignmouth Clarkson
(Managing Partner)
ProductsAccounting, Receivership, Consulting, Auditing


History

Clarkson Gordon was founded by the Clarkson family in 1864 by Edward Roper Curzon (E.R.C.) Clarkson as Clarkson & Munro since E.R.C was not yet 21 and too young to run his father's receivership business. E.R.C. was a founding member of the Canadian Institute of Chartered Accountants, serving as the CICA's first president and a prominent member and president of the Toronto Board of Trade, an organisation which his father, Thomas Clarkson (Upper Canada) helped found and himself served as president through the 1850s. [1]

E.R.C's son, Geoffrey Teignmouth Clarkson took over the management of the firm following his qualification as an accountant at 15 in early 1893. G.T. was noted for being particularly private but politically savvy, having been offered the Minister of Finance position under Arthur Meighen. He also served on the board of governors for the University of Toronto & Upper Canada College. [3]

References
  1. David Mackenzie, Clarkson Gordon Story: 125 years (1989 Clarkson Gordon) 7
  2. "Reports Say Arthur Young and Ernst May Merge". The New York Times. May 1989.
  3. Meighen Papers Series 4 (M.G. 26, I, Volume 140) Reel C3477 file 0355
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