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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
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.
PEOPLE PERSONS. (From left) P&A Grant Thornton CEO Marivic Españo, UP Diliman professor Virgel Binghay, PLDT head for employee development Nonong Noriega and P&A Grant Thornton People and Culture Director, Rhia Dee
In a world where industries are investing more in technology and becoming increasingly digital, a professional services firm reminds companies not to lose sight of their most important asset: people.
At their sixth business forum held recently in Makati, tax, audit, advisory and outsourcing company P&A Grant Thornton held discussions on “People as a Strategy: Capitalizing on People to Promote Business Growth.”
“Coming from our own experience as a service firm, we look at [our] future and the different drivers of our business. What makes us successful, grow, and improve the value that we give our clients. The core of all these things—what [and] how we deliver to clients, how we implement processes—would be people,” said P&A Grant Thornton Philippines chair and CEO Ma. Victoria Españo.
“All businesses are in the same boat; whether you’re in manufacturing, or are a conglomerate or a small company, all the best intentions, the best strategies—expanding your services, technology advancements—your people will be implementing them. The question is, does the organization have the right people? [And] is it developing the right people to support its strategy, which would be implemented 20 years down the road?” she added.
The forum’s speakers included: Grant Thornton International’s Olivia Gadd, Accenture Inc.’s Lito Tayag and Oxford Business Group’s Paulius Kuncinas, who talked on Acquiring the Right Talent; People Management Association of the Philippines’ Josephus Jimenez, Institute of Training and Development’s Serely Alcaraz and NEC Philippines, Inc.’s Agnes Gervacio, who touched on Diversity and Inclusion; University of the Philippines professor Virgel Binghay, PLDT’s Nonong Noriega and P&A Grant Thornton’s Rhia Dee, who discussed Human Capital Standards and Analysis.
One way for companies to maximize their people, said Binghay, is to hire HR analysts who can “make use of analytics or big data to forecast trends and issues regarding personal problems and opportunities, strategically improving people management results from labor costs.”
Such function would involve the analysis of the correlation between a company’s employee data and its sales and finance data.
These “big data” could potentially help companies “identify who would most likely stay, be promoted, thrive in certain environments, or be motivated by so-called non-hash rewards,” Binghay added.
As to hiring and keeping the right kind of employees, Gadd dished out a few tips: Identify the right talent for your future; understand your audience, and speak to them through your own people’s experience; identify and articulate your value proposition and purpose—beyond profit; and understand what motivates people, including pay.
Finally, Jimenez, whose presentation also focused on the Philippines’ labor laws, correlated workplace inclusion to the country’s peace and order situation.
“We still have a lot of inclusiveness laws, embracing diversity in the workplace. Even those who are HIV positive or suffering from disease cannot just be dismissed. So this country does not discriminate—on principle. However, there are many companies who are doing things contrary to this principle. So what is the prognosis? The country still has a long way to go,” said Jimenez.
Españo said she hoped such discussions would help change the “traditional” mind-set of companies—their clients included—when it comes to handling their people.
“The more progressive companies really take care of [their people]. But in general, I think the approach [here in the Philippines] is still traditional: anything to do with people, let human resources take care of that,” said Españo.
“But these are the questions we should be asking: Is this just a fluke? Is there something wrong with our processes? Is there something wrong with the way we develop our people? For that to happen, management must be able to see that people should be part of any [business] strategy.”
As published in Inquirer.Net, dated 5 December 2016