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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.
The Social Security System (SSS) has released Circular 2021-004 in support of the digitalization of SSS benefit processes and in compliance with the zero-contact policy under Republic Act (R.A.) 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018.
The online filing of Maternity Benefit Applications (MBA) and Maternity Benefit Reimbursement Applications (MBRA) through the My.SSS portal in the agency’s website shall be implemented based on the following guidelines:
A. Coverage
1. For MBA – All female SSS members and members separated from employment and did not receive advance payment of maternity benefits; and
2. For MBRA – All employers including household employers.
B. Pre-requisites for online application
1. A registered My.SSS account; and
2. A disbursement account enrolled with SSS through the Disbursement Account Enrollment Module in the My.SSS portal.
C. Policies
1. All initial or new claims and the following cases for adjustment shall be filed online through the member’s or employer’s My.SSS account:
a. Member is qualified as solo parent;
b. Correction of type of claim:
1. From normal to cesarean delivery; or
2. From miscarriage to ectopic pregnancy with operation;
c. SS computation is higher than employer’s computation;
d. Additional posted contributions will increase the amount of maternity benefit;
e. Correction of approved number of days from 60 (normal delivery) or 78 (caesarean section delivery) days to 105 days; and
f. Allocated leave credits not used due to separation from employment of the child’s father or qualified alternate caregiver.
2. Filing of MBA/MBRA over the counter (OTC) or through drop box at any SSS Branch Office (BO)/Foreign Representative Office (FRO)/Medical Evaluation Center (MEC) shall be allowed until the implementation of the mandatory online filing. However, simultaneous filing of MBA/MBRA through OTC/drop box and online through the My.SSS portal is strictly prohibited.
3. The filer shall upload the required supporting documents corresponding to the type of claim being filed to proceed with the submission of the MBA/MBRA. Uploaded documents shall be reviewed by SSS.
4. The receipt of the advance payment shall be confirmed/certified by the employee within seven working days from the date of sending of e-mail by SSS. In case member confirms that she did not receive the advance payment or failed to act within the prescribed period, the MBRA shall be rejected. Rejected claims shall be re-submitted/re-filed by the employer as a new transaction.
5. Confirmation/certification of receipt of advance payment by the employee for the MBRA filed by her employer shall be submitted through any of the following channels:
a. Link provided in the e-mail notification sent by SSS; or
b. Employee’s My.SSS account.
6. Confirmation/certification of employees shall not be required for claims tagged as (a) separated, (b) absence without official leave (AWOL) and (c) deceased member.
7. The filing date of the claim shall be as follows:
a. For MBA - the date of successful submission of the claim; and
b. For MBRA - the date of confirmation/certification of the employee or the date of successful submission of the claim if the employee is already separated/AWOL or deceased.
8. A claim which has been previously submitted but is not acceptable based on SSS evaluation may be re-filed online by the member/employer upon compliance with the SSS requirements as a new transaction.
9. An e-mail notification shall be sent to the member/employer for the following cases:
a. For MBA:
i. Successful submission through the member’s My.SSS account; and
ii. Approval/rejection/denial of the MBA.
b. For MBRA:
i. Successful submission through the employer’s My.SSS account;
ii. Successful submission of the confirmation of the employee;
iii. Reminder to employer;
iv. Failure to confirm the receipt of advance payment by the employee; and
v. Approval/rejection/denial of the MBRA.
10. The following maternity claims exempted from online filing shall be submitted OTC or through drop box at any SSS BO/FRO:
a. Denied claim reconsidered for payment;
b. Unclaimed benefit of deceased member; and
c. Unclaimed reimbursement of inactive/closed/terminated/retired employer.
D. Implementation dates
1. May 31, 2021 - Member and employer may file the MBA/MBRA through any of the following channels:
a. OTC or through drop box at any SSS BO/FRO/MEC; or
b. Online through the My.SSS portal.
2. Aug. 31, 2021 - Last day of the option to file the MBA/MBRA through OTC/drop box at any SSS BO/FRO/MEC.
3. Sept. 1, 2021 - Start of the mandatory online filing of MBA/MBRA.
Please be guided accordingly.
Source:
P&A Grant Thornton
Certified Public Accountants
As published in SunStar Cebu, dated 13 May 2021