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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.
Doing business in Poland
15 May 2013An interview with Tomasz Wroblewski
How do you assess the outlook for your economy?
There are some crucial issues which will shape the condition of our economy in the coming year. Firstly, the outlook for Europe over the next 12 months is fairly bleak. Given that Poland is so closely linked to the EU, it is likely this will impact our economy. Secondly, EU funds for 2007-2012 are running low.
Growth slid to just 2.2% in 2012, half the rate recorded in the previous 12 month period, due to slow domestic demand and the ongoing eurozone crisis. Growth is expected to drop to 1.4% this year before picking up again in 2014. The government deficit dropped from 5.0% in 2011 to 3.9% in 2012, still above the limit set by the Maastricht treaty but at a similar level to France and lower than Spain.
Your economy is currently ranked #8 in the Grant Thornton Emerging Markets index. Does this surprise you?
Poland is ranked as a top potential investment destination for FDI projects in Europe in most ratings. Its 38 million strong consumer market is one of the largest in Europe and its favourable location in the centre of Europe makes it easy to export goods across the continent to over 500 million consumers. If you add our healthy financial system, stable political situation and strong resistance to the global economic crisis then our position in the index seems realistic.
What are the top three strengths of your economy as a potential target for investors?
Our consumer market is very large and consists of a good proportion of highly educated workers. There is a clear institutional framework for private investment and, most importantly, Poland is also politically and economically stable.
What should business leaders be aware of when investing in your economy?
There are three main things that must be kept in mind while doing business in Poland: an ineffective commercial court system; inflexible labour code and red tape; as well as an inconvenient tax system. However, these risks can be successfully mitigated with the help of professionals and the benefits of operating and investing in Poland far outweigh the drawbacks.
What are your major plans for your firm over the next 12 months?
Our plan is always to improve and increase our capabilities year on year. In 2013/14 we aim to improve our business development capabilities, strengthen our digital position and develop industry specialisation. Also on the agenda is the identification of potential successful merger targets and post-merger integration to facilitate sustainable growth.
Any final thoughts?
If you are looking for a country which provides a framework of doing business similar to a developed economy, but with the characteristics and growth of an emerging one, choose Poland.
Tomasz Wroblewski is managing partner of Grant Thornton Frackowiak.