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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
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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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                            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.
Do what you love, and you will never have to work a day. This quote, earlier attributed to Chinese philosopher Confucius, is inspiring and true. But on the flip side of the coin, it can pose false expectations. The work dynamic centuries ago is far different from what we have today, and simply doing what you are passionate about is not enough consideration when weighing employment options.
We spend around eight hours at work. Add another hour for preparation, plus two hours for commute to and from work, depending on several factors that can increase travel time like traffic. And these only form part of the physical preparations for work. What is more tolling than physical fatigue is work-related stress, a factor often overlooked but is one of the workplace challenges cited by employees in the American Psychologists Association’s 2021 Work and Well-Being survey. Doing what you love is clearly not enough, especially when too much stress at work leads to burnout.
Work burnout is classified as an occupational phenomenon. The International Classification of Diseases (ICD-11) defines it as a syndrome which occurs as a product of chronic workplace stress that has not been adequately managed and addressed. It is characterized by “feelings of energy depletion or exhaustion, increased mental distance from one’s job or feelings of negativism or cynicism related to one's job, and reduced professional efficacy”.
Effects of employee burnout
Mental health matters. Because we spend so much of our time at work, it has a direct and profound effect on our overall health. The effects of work burnout not only impact work productivity; they likewise affect the overall personal well-being of staff. McKinsey research discussed that one in four employees reported experiencing work burnout, a factor that make them much more likely to quit their jobs. This is already apparent in many workplaces today, with companies reporting higher attrition rates. One of the factors driving the higher employee turnover rate? Factors correlated with burnout like toxic workplace behavior and culture.
More companies today are putting in extra effort to manage and address employee burnout. Another McKinsey article emphasized that HR teams now offer health and wellness perks to staff like yoga subscriptions and training on time management. However, offering such perks should not be the be-all and end-all when it comes to ensuring the welfare of staff.
Consider enforcing “well-being days”
Many organizations today are implementing what they call well-being or wellness days, periods during which staff get to enjoy a mandatory day-off from their work duties to recharge. While often considered part of work-life balance, wellness days offer so much more. During these days, employers get to engage staff in exercises that put a premium on developing employees’ psychological and physical welfare. These may come in the form of mentoring and sessions with professionals that offer guidance on areas like proper nutrition and even the benefits of practicing the principle of “mindfulness”. Implementing designated wellness days every month provides a host of benefits like increased work productivity and affords staff the opportunity to learn new skills.
Improve workplace productivity metrics
A Gallup study cited in an article reveals that when employees feel that they have control over their performance metrics, they are “55% less likely to experience burnout frequently”. Companies should strive to adopt metrics that are free from external factors that influence overall rating of staff. It should be emphasized that it is extra difficult to work diligently when you know that factors aside from your own performance at work can influence your job rating, thereby increasing chances that employees will feel anxious and stressed.
Embed employee engagement in office culture
A toxic workplace is more detrimental than we think. Taking steps to improve organizational culture, the sum of workplace norms, enable a company to avoid toxic situations that may lead to stress buildup and subsequently, burnout. HR teams should be at the fore of ensuring and, more importantly, showing that the company cares for its staff and is concerned about their welfare. When long work hours are tolerated and worse, practiced and praised over completing job deliverables more efficiently though at a shorter time, this will become a habit difficult to break.
In the end, the power to dictate work practices that promote employee well-being is at the hands of the company and team leaders. Fostering a positive environment where employees can thrive and excel, improving performance indicators, and adopting employee engagement strategies will not only leave a rosy impact on staff members’ overall mental health; it will lead to improved work productivity as well.
As published in The Manila Times, dated 30 November 2022
 
                     
                             
             
            