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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.
Sports has been a deeply entrenched part of my life since I was a kid. I took my first plane ride when I was eight years old to join a tennis tournament in Cebu. In high school, I was on a basketball court when I got a call informing me that my father was rushed to the hospital because of his cancer. One of the issues that my wife and I had to deal with in the early years of our marriage was my regular 2:00 a.m. appointment with FC Barcelona in our TV room.
As I grew older, sports became for me something bigger than sports. It is no longer a source of entertainment. It is no longer about the competition and the drama. NFL players, owners, and fans are now entangled in an ongoing debate on whether professional football athletes should have the freedom to show their protest against racism by not standing up during the singing of the American national anthem. No less than the President of the United States of America voiced out his displeasure against the perceived lack of respect to the American flag and what it represents. In Spain, FC Barcelona played its league game on October 1 behind closed doors as a sign of protest against the denial of its request to postpone the game. The request was lodged in the midst of Catalonia’s independence referendum as it tries to split from Spain.
Apart from its current collision with politics, my interest in sports has intersected with other fields. When players get traded from one team to another, fans would sometimes voice their displeasure. However, you’ll often hear players say that there should be no hard feelings because at the end of the day, “this is business.”
In sports, a mass indulgence managed like a business, we often see a lot of business practices. Unlike other entities, in which we do not have real-time access to how they work as a team, sports organizations are being managed in full view of the public. Each move is scrutinized, every word spoken by a coach is dissected, and even the body movements of players are interpreted. This real-time transparency gives us then an idea of how these organizations work as a team and how they develop their players to achieve team goals. In my almost three decades of being a sports fan, here are some of the principles that I have tried to adopt in my corporate life.
• Work for a common goal despite ongoing personal feuds.
It was publicly known that Kobe Bryant and Shaquille O’Neal did not like each other during their championship run at the turn of the millennium. The lure of winning the championship, though, trumped their mutual dislike of each other. Winning three straight championships despite their personal differences is a testament to their commitment to winning, which is a common goal.
In our work teams, we might not like everyone. We might even despise some of them. However, that should not be a hindrance to the team’s success when we give our best to contribute to that goal.
• Don’t throw anybody under the bus.
When things do not work out according to plan, the coach as the leader of the team often takes responsibility for the team’s failure. In rare moments when the coach publicly passes on the blame to the players, the pundits are often ready to criticize the coach for throwing his players under the bus. This action would sometimes have a residual effect on team chemistry.
There are appropriate ways to give feedback to your teammates and publicly doing so is not one of them. As people often say: Keep the praises public and the reprimands private. Earning goodwill from your teammates and not breaking their trust could go a long way in keeping a team functioning.
• Great athletes work on something during their off-season.
You play to win the games during the season, but winning should start during the off-season. Throughout my “fandom” years, I have observed that great players work as hard during the off-season. For them, they win when they improve a part of their game. Think Federer and his backhand, Michael Jordan with his post-up fade-away jumper, and Kawhi Leonard and his outside shooting. These athletes, although already possessing great talent from the very start, would always find a way to further improve their game. They do not rest on their laurels thinking that they are already great. To stay great, they always add something to their repertoire for the next season.
We, in the corporate world, might not have a clear off-season similar to athletes, but we have seasons during the year when we are not as busy. Those are the times when we need to maximize and plan our own personal growth or development. Identify what those goals and areas for improvement are and intentionally work on them. That’s the only way to remain at the top of our game in our respective fields.
I have shed a lot of tears in my life because of sports, both as a player and as a fan. Hopefully, those tears will not be for naught. Hopefully, lessons have been learned along the way. Hopefully, I have shared them with you as well.
Anton Ng 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 over 850 staff members. We’d like to hear from you! Tweet us: @PAGrantThornton, like us on Facebook: P&A Grant Thornton, and email your comments to anton.ng@ph.gt.com or pagrantthornton.marketscomm@ph.gt.com. For more information, visit our website: www.grantthornton.com.ph.
As published in The Manila Times, dated 18 October 2017
