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Annual and short period audit
We perform audit engagements in accordance with the Philippine Standards on Auditing (PSA), as required by required by national legislation or other regulations of agencies such as the Bureau of Internal Revenue (BIR), Securities and Exchange Commission (SEC), Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC), Cooperative Development Authority (CDA), etc.
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Review engagement
We provide a limited or moderate level of assurance that financial statements are free from material misstatements, in accordance with the Philippine Standard on Review Engagements (PSRE).
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Financial statements compilation
We help in the preparation of financial statements of clients in accordance with Philippine Standard on Related Services (PSRS) 4410.
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Security offerings services
We provide assurance services for our clients’ debt and equity security offerings. These include audits or reviews of financial statements, examination of prospectuses, and issuance of comfort letters as required.
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Agreed-upon procedures
We perform agreed-upon procedures in accordance with applicable professional standards, delivering factual findings reports tailored to the specific needs of our clients and relevant third parties. Our services include asset and inventory count observations, financial statement translations, and assistance with regulatory applications such as capital stock increases and debt-to-equity conversions.
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Other related services
We help our clients stay ahead of the evolving complexities in the accounting landscape. Our offerings include training programs, transition and implementation planning, and impact assessments related to newly adopted accounting standards, such as Philippine Financial Reporting Standards (PFRS Accounting Standards) and other relevant frameworks.
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Tax advisory
With our knowledge of tax laws and regulations, we help safeguard the substantive and procedural rights of taxpayers and prevent unwarranted assessments.
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Tax compliance
We aim to minimise the impact of taxation, enabling you to maximise your potential savings and to expand your business.
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Transfer pricing
We provide comprehensive Transfer Pricing (TP) solutions suited to the needs of the client.
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Corporate services
For clients who want to do business in the Philippines, we help set up the business and assist in determining the appropriate and tax-efficient operating business or investment vehicle.
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Tax education and advocacy
We offer seminars and trainings on tax-related developments and special issues of interest to taxpayers.
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Business risk services
We cover a wide range of solutions that help you identify, address, and monitor the risks of your business.
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Business consulting services
We help organisations improve their operational performance, efficiency, sustainability, and effectiveness in today’s dynamic business landscape.
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Transaction services
We help organisations provide strategic advice and support throughout the transaction process and provide financial reporting advisory services to help companies successfully navigate the complex financial requirements in a broad range of scenarios.
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Forensic advisory
We provide support to organisations on dispute resolution, fraud prevention and detection, insurance claims, and other situations requiring detailed investigations.
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ProActive Hotline
We empower organisations to uphold integrity through safe and anonymous reporting.
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Sustainability
We promote responsible and innovative practices that reduce our environmental footprint, promote social responsibility, and ensure long-term economic viability
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P&A Academy
P&A Grant Thornton's unwavering commitment to relevance extends to its learning arm - P&A Academy.
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Accounting Services
At P&A Grant Thornton, we handle accounting services for several companies from a wide range of industries. Our approach is highly flexible. You may opt to outsource all your accounting functions, or pass on to us choice activities.
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Payroll Services
We streamline payroll operations with secure, technology-driven solutions that enhance accuracy, ensure compliance, and free organisations to focus on strategic priorities.
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Human Capital Outsourcing Services
We deliver highly trainable and experienced accounting professionals matched to client requirements, covering center and attrition management, and special projects.
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Our values
Grant Thornton prides itself on being a values-driven organisation and we have more than 38,500 people in over 130 countries who are passionately committed to these values.
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Global culture
Our people tell us that our global culture is one of the biggest attractions of a career with Grant Thornton.
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Learning & development
At Grant Thornton we believe learning and development opportunities allow you to perform at your best every day. And when you are at your best, we are the best at serving our clients
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Global talent mobility
One of the biggest attractions of a career with Grant Thornton is the opportunity to work on cross-border projects all over the world.
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Diversity
Diversity helps us meet the demands of a changing world. We value the fact that our people come from all walks of life and that this diversity of experience and perspective makes our organisation stronger as a result.
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In the community
Many Grant Thornton member firms provide a range of inspirational and generous services to the communities they serve.
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Behind the Numbers: People of P&A Grant Thornton
Discover the inspiring stories of the individuals who make up our vibrant community. From seasoned veterans to fresh faces, the Purple Tribe is a diverse team united by a shared passion.
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Fresh Graduates
Fresh Graduates
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Students
Whether you are starting your career as a graduate or school leaver, P&A Grant Thornton can give you a flying start. We are ambitious. Take the fact that we’re the world’s fastest-growing global accountancy organisation. For our people, that means access to a global organisation and the chance to collaborate with more than 40,000 colleagues around the world. And potentially work in different countries and experience other cultures.
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Experienced hires
P&A Grant Thornton offers something you can't find anywhere else. This is the opportunity to develop your ideas and thinking while having your efforts recognised from day one. We value the skills and knowledge you bring to Grant Thornton as an experienced professional and look forward to supporting you as you grow you career with our organisation.
Technical Alerts
BIR lifts suspension of some June 2016 issuances
This Tax Alert is issued to inform all concerned that suspension of some revenue issuances as promulgated under Section 69-2016 is now partially lifted. The following issuances, among others, are now in effect: Issuance Number Title/Description of issuance REVENUE MEMORANDUM ORDERS (RMO) RMO No. 22-2016 Prescribing the policies and procedures for the Issuance of electronic Certificate Authorizing Registration (eCAR) http://www.grantthornton.com.ph/newsroom/technical-alerts/tax-alert/2016/Certificate-of-authorizing-registration-be-issued-only-through-electronic-system/ RMO No. 28- 2016 Authorizing the policies, guidelines and procedures in implementing the Memorandum of Understanding between the Home Development Mutual Funds and the BIR in electronic filing of tax returns thru eBIR Forms and issuance of eCAR RMO No. 30- 2016 Prescribing guidelines, policies and procedures for replacement of spoiled/bad order and factory defected internal revenue stamps under the Internal Revenue Stamps Integrated System (IRSIS) RMO No. 31- 2016 Amends RMO No. 13-2014 particularly on the public auction sale of absolutely forfeited and seized properties RMO No. 32- 2016 Further clarifying and amending certain policies, guidelines and procedures in the issuance of importer/broker clearance certificates relative to the accreditation as importer/customs broker RMO No. 33- 2016 Prescribing uniform procedures for the implementation of Internal Revenue Stamp Integrated System (IRSIS) RMO No. 34- 2016 Amending the prescribed format for the Notice of Denial that shall be prepared by concerned Regional Offices relative to Applications for Compromise Settlement and/or Abatement of Penalties
Clarifications on issues regarding RMC 70-2016
This Tax Alert is issued to clarify certain issued regarding RMC 7-2016 providing that all field audit and other operations of the BIR are suspended until further notice. The following are NOT SUSPENDED. 1. Audit of cases where there are deadlines imposed by law, such as processing of claims for refund. 2. Service of Assessment Notices (PAN, FAN, FLD, FDDA) for TY 2013 and prior years and Assessment Notices that have been signed as of June 30, 2016. 3. Processing of complaints by taxpayers/informers, which should be done under the "No contact with taxpayer" policy. 4. Sending of notices/reminders/follow-ups to stop-filer cases. 5. Issuance of collections letters, notice of seizure/levy for enforcement of collection of delinquent accounts. 6. Sending of letters to third parties (e. LRA, LTO, RD, Local Assessment office) for verification of property holdings of delinquent taxpayers. 7. Field audit and examinations for cases prescribing on or before Oct 31, 2016: • LOA covering all taxes for TY 2013 and prior years • LOA covering specific tax types prescribing on or before oct 31, prescriptive period reckoned depending on the tax types The following are SUSPENDED: 1. Implementation of Mission Orders issued prior to July 1, 2016
Streamlined processing of CARs and tax clearance
This Tax Alert is issued to inform all concerned that processing of Certificate Authorizing Registration (CAR) and tax clearance applications should comply with the timelines prescribed in the regulations. RMO 41-2016 reiterates that CARs shall be issued within five (5) days from the submission of complete documentary requirements pursuant to the provisions of RMC 39-2015 (Updated BIR Citizens Charter as Consolidated). This refer to CARs covering transactions on sale of real property, transfer or assignment of shares of stock traded in the stock exchange, transfers subject to donor's tax, estate tax and other taxes including the related documentary stamp tax. RMC 74-2016 streamlines requirements of tax clearance which shall be processed and released within two (2) working days from the submission of the following documents:
Potential financial reporting implications of 'Brexit'
On June 23, 2016, the United Kingdom (UK) voted to leave the European Union (EU). This Accounting Alert addresses some of the possible financial reporting implications of that decision. The issues discussed are potentially relevant to all entities, although they are likely to be particularly significant for entities operating in the UK and the rest of Europe. On June 23, 2016, the United Kingdom (UK) voted to leave the European Union (EU). This Accounting Alert addresses some of the possible financial reporting implications of that decision. The issues discussed are potentially relevant to all entities, although they are likely to be particularly significant for entities operating in the UK and the rest of Europe.
New BIR Commissioner suspends effectivity of recent issuances and audit activities; Revokes RMOs on transfer of properties
This Tax Alert is issued to inform all concerned that the new BIR Commissioner has suspended the effectivity of revenue issuances issued within June 1-30, 2016, alongside audit activities by the BIR until further notice. Revenue Memorandum Order Nos. 24 on 25 which requires determination of financial capacity in transfers of properties have been revoked effective immediately.