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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.
What are we wasting?
28 May 2018It was past noon when my heart started beating loud and fast. It was my first time to be rushed to the emergency room, because of a serious allergic reaction known as anaphylaxis. It typically causes a person to experience skin rashes, dizziness, and shortness of breath.
While struggling to catch my breath, I thought to myself, “Am I going to die unprepared? Can’t I hug each of my family and friends to tell them how much I love them before I go? Will I leave this world without reconciling with the persons I have hurt and offended? Is it too late to pursue my interest in writing good stories, engage in sports, and add credentials to my career? Have I been a good daughter to my parents, a keeper to my friends, a neighbor to strangers, an employee of our company, and a citizen of this country?”
Thankfully, I got back into life after the drug diphenhydramine was injected through my veins. I realized that—in my 23 years of living in this fallen, yet wonderful world—I wasted many things that do not matter, but are very important in living a meaningful life.
Time. We waste most of our time doing things that make us less productive. We waste our time scrolling and updating our social media feeds, because we are procrastinating at school or work. We waste our time finding our keys, because we did not set it aside in a specific place after every use. We waste our time listening to long discussions or instructions, because we did not take down notes. We waste our time gossiping, because we cannot even correct our own shortcomings.
Treasure. Treasures are things or people that we value most in our life, such as money, health, and loved ones. We waste our money by spending most of it on temporal and temporary things. We can save or invest our money in financial institutions, donate to charity, and spend only on our basic needs. We waste our good health by eating unhealthy foods, taking up vices, and being careless in accident-prone areas. We waste our precious moments with our family, friends, and loved ones by not telling and showing them how much they mean to us while we still can.
Talent. Talents are skills and knowledge that are a person’s strength. We waste our talents when we are either too shy or too arrogant to showcase how good we are at dancing, singing, or speaking in public. We waste our skills when we are too pessimistic and afraid to learn new things. We waste our knowledge when we are too hesitant to follow rules or too lenient to reprimand others when we already know beforehand what would be the outcome.
Trust. Trust comes in different forms. We are entrusted to secret information, great responsibilities, and promises we pledge. We waste someone’s trust when we, in bad faith, divulge the sensitive information to others, lose the thing in our possession, fail with our tasks, and break our vows.
Tears. Crying is triggered by a strong feeling of sadness. We feel sad whenever the real condition is not what we expected or whenever we lose something or someone. We waste our tears on things that are not worth it and on persons who do not deserve us.
After realizing what we have wasted, we often regret and feel anxious. Wasting these time, treasures, talents, trust, and tears cannot be undone. What has happened had already happened; it is irreparable.
Life is not perfect; we commit mistakes. Life, however, can be much more meaningful if we are productive with our time, rich with our treasures, humble with our talents, compliant with the things entrusted to us, and happy with our lives.
Life is unpredictable. There are still unknown and unresolved variables. We do not have any idea when our timeline will end. Let’s not waste our life. You only live once (YOLO), as young people say. You Only Live Once, and once should be enough.
Ms. Elizalde is an associate of the Audit & Assurance Division of P&A Grant Thornton in Cebu. P&A Grant Thornton is one of the leading audit, tax, advisory, and outsourcing firms in the Philippines with 21 Partners and over 900 staff members. It is present in Makati, Cavite, Cebu and Davao. For comments on this article, please email gel. elizalde@ph.gt.com or PAGrantThornton.marketscomm@ph.gt.com.
As published in Mindanao Times, dated 28 May 2018