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Review engagement
A review involves limited investigation with a narrower scope than an audit, and is undertaken for the purpose of providing limited assurance that the management’s representations are in accordance with identified financial reporting standards. Our professionals recognize that in order to conduct a quality financial statement review, it is important to look beyond the accounting entries to the underlying activities and operations that give rise to them.
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Other Related Services
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Tax advisory
With our knowledge of tax laws and audit procedures, we help safeguard the substantive and procedural rights of taxpayers and prevent unwarranted assessments.
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Tax compliance
We aim to minimize the impact of taxation, enabling you to maximize your potential savings and to expand your business.
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Corporate services
For clients that want to do business in the Philippines, we assist in determining the appropriate and tax-efficient operating business or investment vehicle and structure to address the objectives of the investor, as well as related incorporation issues.
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Tax education and advocacy
Our advocacy work focuses on clarifying the interpretation of laws and regulations, suggesting measures to increasingly ease tax compliance, and protecting taxpayer’s rights.
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Business risk services
Our business risk services cover a wide range of solutions that assist you in identifying, addressing and monitoring risks in your business. Such solutions include external quality assessments of your Internal Audit activities' conformance with standards as well as evaluating its readiness for such an external assessment.
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Business consulting services
Our business consulting services are aimed at addressing concerns in your operations, processes and systems. Using our extensive knowledge of various industries, we can take a close look at your business processes as we create solutions that can help you mitigate risks to meet your objectives, promote efficiency, and beef up controls.
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Transaction services
Transaction advisory includes all of our services specifically directed at assisting in investment, mergers and acquisitions, and financing transactions between and among businesses, lenders and governments. Such services include, among others, due diligence reviews, project feasibility studies, financial modelling, model audits and valuation.
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Forensic advisory
Our forensic advisory services include assessing your vulnerability to fraud and identifying fraud risk factors, and recommending practical solutions to eliminate the gaps. We also provide investigative services to detect and quantify fraud and corruption and to trace assets and data that may have been lost in a fraud event.
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Cyber advisory
Our focus is to help you identify and manage the cyber risks you might be facing within your organization. Our team can provide detailed, actionable insight that incorporates industry best practices and standards to strengthen your cybersecurity position and help you make informed decisions.
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ProActive Hotline
Providing support in preventing and detecting fraud by creating a safe and secure whistleblowing system to promote integrity and honesty in the organisation.
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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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Staff augmentation services
We offer Staff Augmentation services where our staff, under the direction and supervision of the company’s officers, perform accounting and accounting-related work.
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Payroll Processing
Payroll processing services are provided by P&A Grant Thornton Outsourcing Inc. More and more companies are beginning to realize the benefits of outsourcing their noncore activities, and the first to be outsourced is usually the payroll function. Payroll is easy to carve out from the rest of the business since it is usually independent of the other activities or functions within the Accounting Department.
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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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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.
Confessions from a WFH dad
11 Nov 2020Eight months. That is how long it has been already since I started working at home because of the pandemic. Days had gone by rather quickly. It has been eight months as well since being with my family every day. Three months ago, I wrote about how we can be better at working from home when our family is also there. One of the things I mentioned was to give as much respect, patience and understanding to those who are living with us since they are essentially our current “officemates.”
However, over the past weeks, my patience towards my kids has been running thin. I glare at them whenever my video calls are being invaded; I nudge them out of my personal space whenever they try to climb all over me while I am working; and I am sometimes dismissive of their questions and concerns whenever they bring them up during my “work hours.” Every time I do that, their hearts break, and so does mine.
One of the reasons why an office can be a conducive place to work is that all the people there are there to work. At home, people are working on different levels of intensity, frequency and demand. There are different deadlines as well. This kind of situation will surely create misunderstandings, frustrations and annoyance.
I remember some 17 years ago, right after we passed our board exams, my then girlfriend had already started working while I was still a couple of weeks away from my first day at work. I had so much free time that I would call her once in the morning, another in the afternoon, then another at night. After doing this for a couple of days, I remembered how she would sound really annoyed in most of those calls. A few months ago, days before celebrating our 13th year of being married, she confessed that she was so annoyed at me during those days that she thought of calling it quits (we were just dating for two months then). She was annoyed that while she was very busy, I was not doing anything and worse, I was bothering her with my calls.
The same can be true with the people we are living with while we are currently working from home. The workload of my second daughter is much lighter as compared to her older sister. Our youngest daughter seldom has any schoolwork once her class ends. This creates a situation wherein those with much less work requirement will look for other things to do with whomever they see at home. Fortunately (or unfortunately) for me, I am the most accessible to the two young girls based on my physical workspace at home. Maybe, it is because of the piling pressure from work or my patience running thin for the past several weeks, but recently I am easily annoyed whenever they will “bother” me. I see that as a problem I need to resolve.
I have read several tips for working parents on how to deal with kids at home. There are tips such as setting boundaries and rules with the kids, separating your professional from your parental role, be out of their sight to be out of their mind, and others. However, life at home, especially with kids, is fluid. Besides, like many others, our home is not big enough for a daily game of hide and seek.
In case you do set up those rules and boundaries, there will be everyday conditions and circumstances that will test the limits that you established. What if one of them is hiding underneath the table because they do not want to participate in their class; shall I not intervene because it is during my work hours? What if one of them needs my emotional support because they are frustrated with their groupmates in school, shall I ignore them until after my work is done? What if one needs my help with her homework, shall we wait for the weekend? What if I need a hug from them but they will not give me one because it is during my work hours, shall I make exceptions for me?
“But these things had been happening before when you were working in the office”, you might ask. Though that is true, the circumstances are different now: I am at home. I am at home with them while these things are happening. Shall I stick to the rules and pretend that I am not physically able to attend to their needs? I wonder how this set-up of being physically at home but not entirely available to your kids will affect them.
Setting up rules and separating your roles while working from home may have its merits. It will provide us with the space and time to accomplish our work responsibilities. Communicate these to your kids or to other housemates as often and as patiently as possible. However, you will most likely have several exceptions regarding this general rule and that should be fine. It will surely be hard and frustrating at times. At the end of the day, the people you are with daily are most likely the people that matter to you the most. Let us treat them as such.
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 11 November 2020