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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
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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Sustainability
At P&A Grant Thornton sustainability is at the core of our mission. We are committed to fostering a healthier planet through innovative practices that reduce our environmental footprint, promote social responsibility, and ensure economic viability for future generations.
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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
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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
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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
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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.
Tech businesses forecasting strong a 2014
10 Feb 2014Steven Perkins highlights tech growth trends from across the globe
The technology industry is synonymous with innovation, fuelled by investments and a continual focus on research and development (R&D). By its very nature it is at the forefront of change. Those businesses which fail to keep up with technological change and stay current with consumer requirements are left behind. I was pleased to see that business leaders in the technology sector are expecting a robust year of investment, R&D activity, and change according to the Grant Thornton International Business Report (IBR).
The corporate landscape is littered with the carcasses of companies which were not as agile as they needed to be. Look only to former category leaders, Blackberry and Nokia, once the most powerful mobile handset producers for business and personal users respectively, for examples. The ongoing transformations in social, mobile, and cloud and the “internet of everything” threaten other current category leaders if they do not innovate.
According to the IBR, net 30% expect to increase their spending in this area in 2014, compared to 21% of businesses globally. And despite, or perhaps because of this extra investment, technology businesses are more bullish as regards both revenue (65%) and profit (51%) growth compared with the global average.
There is a fairly even spread of technology business confidence across the world from North America, through Europe to Asia Pacific (APAC), but there are some interesting intra-region variations. For example, tech businesses in the developed APAC economies are expecting slower growth than their rivals in emerging economies across the region. Traditional, low-cost electronics and component manufacturing bases such as Japan, Korea and Taiwan are feeling the pressure. This comes, not only from emerging rivals in China which often receive huge state backing, but also the rise of cloud computing, a phenomenon that has made the global economy far less hardware dependent.
The proportion of developed APAC businesses expecting a lack of orders to dampen growth prospects in 2014 is around three times the global average, while forecast exports are three times lower. By contrast, emerging APAC businesses are ten times more likely to invest in R&D activity in 2014 and they are more confident about profit growth than any other region.
Silicon Valley, home to the highest concentration of hi-tech businesses in the world, has helped to fuel the burgeoning recovery in the United States – and businesses there are optimistic for 2014. Three in five tech businesses expect to see their profits improve, and employees are likely see this feed through into their pay. 87% of technology business leaders expect to offer pay increases over the next 12 months, compared to 67% of all businesses. This extra income should help further boost consumer demand in those areas of high technology industry concentration.
Despite the ongoing Eurozone crisis, technology businesses in Europe are fairly positive about the next 12 months. Half expect revenues and profits to rise, while two in five are expecting exports to increase. This is the highest percentage globally and perhaps a sign of the diversification which is so important to the nascent regional recovery. Tech businesses in the UK and Ireland are particularly positive with regard to revenue and investment growth in 2014. The only downside is a lack of skilled workers in Europe which, despite unemployment running at record highs in some economies, is affecting well over a third of businesses across the region.
The follow on effects from this momentum in the technology industry should add further impetus to the global recovery. Technological progress has the potential to boost productivity, not only raising growth prospects but also helping to develop innovative solutions to pressing challenges such as climate change and resource scarcity. The good news for the global economy is that tech businesses are stepping up to the challenge.
Steven Perkins is global leader for technology at Grant Thornton.