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Audit approach overview
Our audit approach will allow our client's accounting personnel to make the maximum contribution to the audit effort without compromising their ongoing responsibilities
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Annual and short period audit
At P&A Grant Thornton, we provide annual and short period financial statement audit services that go beyond the normal expectations of our clients. We believe strongly that our best work comes from combining outstanding technical expertise, knowledge and ability with exceptional client-focused service.
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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
We make it a point to keep our clients abreast of the developments and updates relating to the growing complexities in the accounting world. We offer seminars and trainings on audit- and tax-related matters, such as updates on Accounting Standards, new pronouncements and Bureau of Internal Revenue (BIR) issuances, as well as other developments that affect our clients’ businesses.
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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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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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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.
Man up in the name of love!
20 Feb 2019At the start of the month, or even a week or two prior to February 1st, all of us begin to see love symbols everywhere. Roses, cards, and chocolates are visibly on sale in all malls. Delivery boys rush to send these items to ensure the receipt of the intended party on or before the big V-Day.
Most people enjoyed the atmosphere of mush and romance on Valentine’s Day, but there are some who found it quite bothersome, or even annoying, especially with the horrendous traffic. And, of course, there are also those who looked forward to February 14 for the perfect opportunity to confess their love or deep feelings for someone.
In Japan, Valentine’s Day is a great opportunity for Japanese women to express their feelings; thus, it is the women who give presents to men. Japanese men are supposed to return gifts to women on a day called White Day (March 14). Sadly, we do not have such a practice in the Philippines but, nonetheless, shy Filipino guys still eagerly anticipate V-Day to express their love.
The problem is that Valentine’s Day went by just like last year, but many of these shy guys were not able to say a single thing to the object of their affection. One week after the big V, these guys are still wondering what happened and they are back to where they were. It has become a vicious cycle, so to speak.
To all those who want their feelings heard, I say, “Man up!” I won’t be the last to tell you that loving someone or having a crush on somebody is as natural as walking, breathing, eating, and talking. By the time we are in our 30s, we would have lost track of the total number of our crushes and individuals who became the objects of our affections.
Yet, it is amazing how this fact hasn’t encouraged all of us to just go out there and say we’re in love when we are in love, or have a crush when we have a crush. Some allow their shyness or laziness to get the better of them until the person they admire moves out of their lives, because they did not do anything or take any chance to hold them back.
It is never easy to say you like or love someone, but it is also never easy to get anything out of life, like your dream job, your fantasy gadget, that perfect summer vacation, and practically anything that has value. In fact, these things are precious and rare, because the path to them is littered with obstacles.
We must keep in mind, however, that we won’t be anywhere near a romantic relationship if we don’t make the first step. The first step usually involves summoning the courage to be noticed and to establish that crucial connection.
We, Filipinos, have always described ourselves as hopeless romantics. While it doesn’t hurt to be all dreamy about love, in the end, it is more productive to be realistic.
Especially when you’re already getting older, you don’t have the luxury of youth to spend your time waiting to meet your soul mate one magical day. As mature individuals, we need to make things happen.
To me, this shyness in matters of the heart is a manifestation of the typical cultural trait of Filipinos to be indirect. Even in things that do not concern love, we tend to stay quiet regarding our true thoughts and feelings. A perfectly simple task, such as voicing our complaints at work, for example, can’t be done because we’re too shy.
Some of us course our complaints through our friends and colleagues, building gossip that never gets any result. Worse, we may blog about it as if the people who should read it will actually come across our blog on the internet. In the end, we suffer, because we’re too afraid to speak up.
Let us end this cycle of cowardice and frustration by confessing what’s in our hearts. Talk to that person, offer her a bite or a drink, write her a card, give her some flowers—do anything to make your feelings known.
Failure is indeed a possibility, but we must remember that failure is a possibility in anything worth doing. And, on the other side of the coin, there’s also that clear chance of succeeding.
Be the person you want to be. Man up in the name of love!
Obet Cruz is a senior managing consultant of the Advisory Services Division of P&A Grant Thornton.
As published in The Manila Times, dated on 20 February 2019