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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.
One casual Sunday afternoon at my parents’ home in Davao City, my Dad and I had a chat. “I wish your Mom and I could renew our marriage vows in a church on our golden wedding anniversary,” whispered my dad. “This is my dream for your mom.”
They had told us they never had a church wedding.
It was in 2007 when Dad first told me about his church wedding plans. He said to me, in jest: “I’m telling you now, four years in advance so that you can prepare for the expenses.” We shared a laugh but deep inside, something told me that he would not make it to the day.
Fast forward to 2011, I flew to Davao one Saturday and informed my parents that everything was set for their church wedding, a week in advance. I even surprised them with their new wedding rings.
Dad could not contain his excitement while Mom was in her usual quiet and reserved self. I told them that my siblings from abroad (Canada and Australia) were also flying in for the big day. I left for Manila the following day but promised to be back two days before the most awaited celebration.
Monday morning while I was driving to work, I received a call from my aunt. “Your Dad is finding it difficult to breathe,” she said. She gave the phone to my Dad and we talked briefly. “Take care, Dad,” was all that I could say to him before putting down the phone. “Not now, please!” I prayed as I gripped the steering wheel tightly. An hour or so later, I received another call from my aunt: Dad was in a comatose. I felt numb. I went directly to the airport and headed to Davao City. Seeing Dad unconscious at the hospital drew flashbacks to the time I first felt that he wouldn’t make it to their dream wedding. He passed away the day after their golden wedding anniversary.
A year later, I experienced an unexplained weight loss; losing 35 pounds in a span of six months. I needed to undergo a series of lab tests because my hematologist suspected I had leukemia. I was not allowed to travel as I must undergo further tests; however, I felt that I had to spend that Christmas, possibly my last one, with my family in Davao City. A few days before Christmas, I was hospitalized due to fibromyalgia. The pain was unbearable. I could hardly stand and make a step. All the signs were pointing to my demise but that little voice in my head was telling me otherwise. I was discharged on Christmas Eve.
Punongbayan & Araullo extended my sick leave indefinitely in order for me to recuperate. Slowly, I regained my health with the help of the team of specialists and the support of my family, friends and colleagues. But while I was still recovering, my Mom complained of an upper abdominal pain.
Though she blamed it on indigestion, I had a strong feeling that she had to visit a doctor. My worst nightmare became a reality: the doctor diagnosed her with stage 4 cancer. She was given only six months to live. I asked for a second opinion from another specialist, hoping for a more favorable diagnosis. It was worse.
He gave my Mom only three months. For three weeks, only I knew about this. I didn’t know how to tell her. But she felt it. She told me, “I know I’m sick and will not recover, but I’m okay. I’m old enough. What’s important is your health.” Mom passed away two months from diagnosis.
Have you ever wondered for whom is that inner voice you were hearing when you are about to do or say something? Some call it intuition while others call it gut feeling. Whatever, it is that feeling that tacitly guides us when we are making a decision without the benefit of analysis.
At work, we can sometimes sense this when we are about to embark on a difficult task, meet a prospective client or read a report and sense that something is amiss. Maybe this inner voice is the result of the “cache” of information stored in our mind that allows us to have that “quick diagnosis” of a certain situation or event.
According to Dr. Geil Browning, there is no such thing as a purely rational decision. The brain uses a combination of logic and emotion when making decisions of any kind. That specific emotion, innate to us as humans, is intuition. We possess the capacity to feel, and thereby the ability to know things without consciously reasoning. The “gut feeling” is real, and we use it all the time. A word of caution, though: gut feeling, if influenced by biases, is dangerous as well. It should flow freely without you being conscious about it.
Though I hope that I can still reverse the outcome of those undesirable gut feelings in my personal life, I’m still grateful for these. If I did not pay attention to my gut feel, I might not have been consciously more willing to give my best for my Dad during his last four years. I also might have been caught unprepared if I did not let my Mom visit a doctor for a simple stomach pain. I couldn’t fight fate but that voice in my head helped ease its painful arrival.
Ramil Nañola is a partner, Audit & Assurance, of P&A Grant Thornton. P&A Grant Thornton is one of the leading audit, tax, advisory, and outsourcing firms in the Philippines, with 21 partners and more than 850 staff members. For your comments, please email ramil.nanola@ph.gt.com or PAGrantThornton.marketscomm@ph.gt.com. For more information about P&A Grant Thornton, visit our website www.grantthornton.com.ph.
As published in The Manila Times, dated 23 August 2017
