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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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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.
Access to legal aid in the Philippines remains a pressing challenge. The sad reality is millions of Filipinos in rural and marginalized communities struggle to have access to legal services. The Public Attorney’s Office (PAO) is often overwhelmed by high caseloads. Meanwhile, the Integrated Bar of the Philippines (IBP), which operates legal aid clinics nationwide, faces a shortage of volunteer lawyers, particularly from the private sector. This dual burden of excessive demand and limited supply has left many without the legal support they need.
According to the 2024 World Justice Project Rule of Law Index, the Philippines scored 0.28 for the factor "Due process of the law and rights of the accused", significantly lower than the global average of 0.51, and 0.52 for the factor "People can access and afford civil justice", slightly lower than the global average of 0.56. This disparity highlights the urgent need for broader participation in legal aid, especially from lawyers in private practice and specialized fields.
Understanding ULAS
The Supreme Court’s promulgation of the Rules on Unified Legal Aid Service (ULAS) is a direct response to this gap. It mandates that all covered lawyers render 60 hours of pro bono legal aid within a three-year compliance period or, alternatively, contribute financially to the ULAS Fund for up to 50% of the required hours, thereby expanding the pool of legal professionals available to serve the public.
Lawyers may comply with the ULAS Rules either individually or through registered organizations like private corporations, law firms, or government agencies. In the latter case, while the required pro bono legal aid hours may be aggregated across the organization, each covered lawyer must personally render at least 25% of the required legal aid hours.
Under the ULAS Rules, among others, qualified pro bono legal aid beneficiaries include (a) a person to whom a counsel de officio was appointed by any court, tribunal, or other government agency or (b) any person who is determined by the covered lawyer or registered organization to be an indigent party or litigant or a person not considered an indigent party or litigant but nevertheless has no sufficient means to afford adequate legal services.
Navigating the Transition for Specialized Lawyers
For lawyers in specialized fields such as taxation, regulatory compliance, mergers and acquisitions, and corporate transactions, this shift may feel unfamiliar. Their daily responsibilities often do not intersect with the needs of indigent clients or public interest cases. However, these challenges are not barriers but are opportunities for innovation to recalibrate and apply their expertise in ways that are both meaningful and socially responsive.
ULAS does not ask lawyers to abandon their expertise. On the contrary, it encourages them to apply their skills in service of the broader community. Pro bono legal aid can take many forms, including legal counselling, assistance in contract negotiation, drafting of legal documents, policy work, community education, and developmental legal assistance such as rights awareness and capacity-building.
The Compliance Burden and the Culture Shift
Still, the burden is real. Many lawyers work in high-pressure environments with billable hour targets and strict confidentiality obligations. The requirement to prepare reports, log hours on the ULAS Portal, or contribute to the ULAS Fund may feel like an administrative imposition rather than a moral calling.
But perhaps that’s the point. ULAS is not just a rule; it represents a cultural shift. It challenges the legal profession to reimagine its role in society, not just as a provider of services to paying clients but as a partner in building a more just society. It encourages law firms and corporate legal departments to foster a culture of service and reminds individual lawyers of the deeper purpose behind their profession as well as to bridge the gap between privilege and public service.
Shaping a More Just Legal Future
ULAS is not without flaws. It risks being seen as a one-size-fits-all solution to a deeply complex access-to-justice problem. However, it is undeniably a step in the right direction. For lawyers in tax and corporate practice, it offers a chance to extend their impact beyond the boardroom and into the community, to use their skills not just for compliance and profit, but for justice, empowerment, and purpose.
In embracing ULAS, the legal profession affirms its commitment to justice, not just in principle, but in practice.
As published in Mindanao Times, dated 10 June 2025