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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.
Mandatory accreditation of transporters of PNP-controlled chemicals
08 Aug 2017UNDER the Implementing Rules and Regulations of Republic Act 9516, controlled chemicals such as but not limited to ammonium nitrate, nitric acid, hydrogen peroxide and sodium chlorite, are considered dangerous goods, since these can be used to manufacture explosives. Therefore, for safety and security, a higher degree of due care and diligence is required when transporting this type of chemicals.
The Philippine National Police (PNP) is solely responsible for regulating and supervising possession, manufacturing, dealing, acquiring and disposing of controlled chemicals. Through PNP Memorandum Circular 2012-009, all entities that utilize controlled chemicals in whatever form, quantity, and even for commercial use, are mandatorily required to secure the appropriate licenses and permits from the PNP, including the need to secure police escort during transport thereof.
But with the growing concern on costs and procedural efficiency of stakeholders involved in using controlled chemicals for legal commercial purposes, the PNP has shifted the police escorted transport to the accredited logistics providers. The shift will unburden the PNP of depleting its human resources to better address national security; will allow the PNP to more efficiently monitor the location, direction and position of transport service vehicles through global positioning system (GPS); and will lead to a safer and more cost efficient method.
The Philippine Economic Zone Authority (Peza) supported the new directive by issuing Peza Memorandum Circular 2017-05 last April 20, 2017, emphasizing the requirement for logistics providers, brokers, forwarders, truckers, manufacturers, dealers and purchasers with company-owned vehicles, who are engaged in the transport of controlled chemicals over land using truck lorries, tractor head loading container vans and similar vehicles, to apply for accreditation with the PNP Accreditation Board.
Some of the requirements include a notarized and duly accomplished application form, personal data sheet, NBI clearance, SEC certificate of registration, business permit, notarized accountability statement, list of vehicles, list of drivers and helpers, and proof of payment for the accreditation fee.
Applicants must also submit their vehicles for inspection to verify and authenticate the registration documents, condition of the vehicles, existence of the GPS tracking device and the provision of containment, emergency equipment and markings.
Approved applicants shall be issued an accreditation certificate, which shall be valid for one year, and shall be renewed at least 30 calendar days prior to its expiration date.
Failure to comply with the guidelines set forth by law on controlled chemicals shall penalize the responsible entity with a fine of 50 percent of the approved accreditation fee for the first offense, 100 percent for the second offense and revocation of accreditation for the third offense.
Source: P&A Grant Thornton
As published in Sunstar Cebu dated 8 August 2017.