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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.
WE JUST bade farewell to 2016 and joyously and simultaneously welcomed 2017. New Year’s Day is celebrated around the globe full of high hopes for a fresh start. Traditionally, New Year’s Day is the time to job down resolutions and aspirations for the year. But in this age, what we do is go online to post on social media our “New Year, new me” resolutions ranging from relational to personal to physical: everything aimed at hoping for a better version of one’s self. I was scrolling down my newsfeeds on Facebook and I found it hilarious how others post throwbacks from the previous New Year Day of their missed goals and resetting the same targets for this year. I never posted mine but I sure do have my mental list of broken promises to myself, too, from last year.
On a wider perspective, allow me to point out here the changes that Filipinos have been yearning for. In a 2016 survey on urgent national concerns by Pulse Asia, the results showed increasing workers’ pay on top of the list followed by creating more jobs, controlling inflation, fighting corruption and reducing poverty to complete the Top Five concerns among those who responded in the survey. Others related to peace and order, the environment, taxes, population, welfare of overseas Filipino workers and terrorism were ranked of lesser priorities. In December 2015, the results showed controlling inflation, increasing workers’ pay, reducing poverty, creating more jobs, and fighting corruption as the national concerns ranked in order of urgency as foreseen by the respondents. Public concerns remained essentially constant under two different administrations. This may not come as a surprise since the Duterte Administration has just begun halfway in 2016.
What is more striking is looking at the survey results in 2006 which listed the same urgent national issues in the Top Five as viewed by most Filipinos. That survey was conducted more than 10 years ago. Now that is a major throwback! This is enough reason why, as a nation, people thirst for change to happen not soon, but here and now.
Isn’t it appalling for an ordinary Filipino to be in this new age yet unequipped to meet the demands of modern society? Technology has connected nations, yet governments had passed, failing to connect to the needs of the ordinary Filipino. On psychologist Abraham Maslow’s hierarchy of needs (formulated in 1943), most of our people are still pre-occupied in the most basic needs, which are the physiological needs, even today. I go out to the streets and the sight of children, even adults, with their palms up as a gesture of pleading is hard to miss. Year in and out, we face the same society where progress shows very little benefits to the majority. And I can’t help but question, “Where did my taxes go?”
As hopeful as most Filipinos naturally are, I continue to look forward to the changes this new government would bring. It is true that the concerns besetting our country is an Everest to conquer but people had long been waiting for what is due to them. The process may be gradual and excruciating at certain points, given there will always be pros and antis, but there is no other way other than through it. Well, it is good that we hear of plans targeted to address the concerns of the common Filipino, but I guess people are now on the lookout for their careful implementation because we have had enough of empty promises. It is high time for the Philippines to move forward. Personally, I would hope for real changes that are truly felt by the masses and not just as reported in the government statistics. Of course, the change will never be without individual active participation in the process. As inspired by Gandhi, do add this as a note to self for 2017 and onwards: “Be the change that you wish to see in the Philippines.”
Maricor Fernandez is a Manager of Audit & Assurance at P&A Grant Thornton Cebu.
As published in Mindanao Times, dated 9 January 2017
