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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.
When the Philippine government imposed a community lockdown in Metro Manila and the nearby provinces, we were anxious and excited at what this could possibly mean to the work that some of us do. I initially thought that the community quarantines would only last for a few weeks up to a month, but another quarter had passed, then another. We are now in our eighth month, and for people like me who had been mostly working from home, many adjustments had to be made. After working in an office for over a decade, I had to adjust to this new working environment.
Like some of you, I have already established routines, which incorporate activities that I have been longing to do. Activities that because of my three to four hours commute everyday are being deprioritized. Pre-pandemic, I leave the house at half past five in the morning and get back in the house by nine in the evening. Nowadays, I can wake up at 6:30 a.m., do a 10- to 15-minute exercise with whoever is already awake in the house, eat breakfast with the family, do my daily Bible reading, and help one of my daughters to her homework. I am now able to do these before starting work at 8:30 a.m. At night, just before my kids end their day, we are doing our family Bible devotion, which I could not do before because I usually arrive home well past their bedtime. On weekends, our entire family is just at home, spending time together. There are no extracurricular activities to attend to. Our social calendars have been bare as well. A couple of Saturdays ago, we were able to attend an online seventh birthday party of one of our friend’s kid. My take-away from that party was that it was very efficient since there was no need to travel. My wife and I began to wonder, will these (e.g., online parties, work from home) activities continue even post-pandemic? What if they do not?
Like us, organizations will have to find new ways of doing things. As the economy starts to open, organizations would also start transitioning to how they plan to do things in the next months and years. Because of the significant uncertainties surrounding our current environment, there seems to be no one-size-fits-all way of doing things. Certain organizations might start requiring more people to report to the office, while there can be others who will no longer renew their expiring lease contracts because they plan to have most of their workforce work from home. Others might opt to have multiple locations across the Metro. How about how we currently hold our meetings, trainings and conferences? Will there be changes in the organization’s policies when it comes to how those will be conducted? Will we go back to having face-to-face trainings? Until when will those reporting in the office be required to wear mask? Will the office layout be changed? Will the office serve more as a collaboration hub rather than individual workstations?
At this point, both employers and employees already had a lot of time to adjust and re-adjust on their new ways of working. There are those like me who have already found their comfort zone while working from home. After seven months, people may already have a good grasp of what suits them and what they are looking for in a working environment.
Given this scenario, it should be expected that misalignments between what an organization intends to do moving forward versus the preference of its people on how and where to work may appear. This can therefore result in a higher than usual turnover as organizations and its employees revisit their fitness test with one another.
Organizations need to include in their assessments on how this pandemic had changed the manner in which their people now prefers to work; not so much to relent to the preferences of its people but more as a means to ensure that the leadership will not be blindsided by how its people would react and what type of individuals they should be looking for moving forward.
The race for talent had already been very competitive pre-pandemic. During these times, and surely in the years to come, as more individuals are experiencing working in a more flexible working environment, the race for talent will surely become more competitive.
Anton Ng is a partner of the Audit and Assurance Division of P&A Grant Thornton. P&A Grant Thornton is one of the leading audit, tax, advisory and outsourcing firms in the Philippines with 24 partners and more than 900 staff members. We’d like to hear from you! Tweet us: @GrantThorntonPH, like us on Facebook: P&A Grant Thornton, and email your comments to anton.ng@ph.gt.com or pagrantthornton@ph.gt.com. For more information, visit our website: www.grantthornton.com.ph
As published in The Manila Times, dated 21 October 2020
