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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.
COMPANIES around the world are undergoing some kind of business transformation. The world is changing at fever pitch pace and there’s simply no turning back from the next industrial revolution; the need to transform, create long-term positive impact and move towards a sustainable and inclusive society has become more than a strategy, but a business imperative.
Thus, in its 50th year, the Financial Executives Institute of the Philippines (FINEX), the country’s leading national organization of finance professionals and practitioners, saw it fit to embrace the theme, “Transform for a Sustainable Future. Today.”
“FINEX has been contributing to the advancement of financial knowledge and expertise,” said incoming President Ma. Victoria Españo.
But how do financial executives and business leaders navigate change? Here are lessons from leaders who are at the helm of their organizations’ business transformation.
Embed your organization into the social fabric of society
Businesses cannot survive when inequality is rife. Operating on this philosophy, Ayala Corporation has entered into new spaces to address the need for affordable and accessible healthcare and education by investing in Generika pharmacy to emerge as the dominant provider of high-quality, affordable medicines through generics, and the APEC schools focused on giving quality, yet affordable senior high education for students gearing up for college or a vocational career.
To remain agile amid its sheer size and rapid transformation, Ayala has also become more entrepreneurial in its approach to building businesses.
“While we still look at financial returns as an important metric, we also consider the effect of our actions on all stakeholders,” said 2017 ING FINEX CFO of the Year awardee Jose Teodoro Limcaoco.
Create a culture of accountability
Dennis Uy, chairman and president of Phoenix Petroleum Holdings Inc. and head of conglomerates that include Chelsea Logistics and Udenna, has always been hogging the headlines for his aggressive business strategies.
His flagship firm, Phoenix Petroleum, has just celebrated its first decade as a listed company at the Philippine Stock Exchange, while Chelsea made its initial public offering debut in 2017. Through Phoenix and affiliate firms, Uy controls Enderun Colleges as a foray in the hospitality sector, the local Family Mart convenience store franchise, the development of a $1-billion logistics hub in Clark in Central Luzon, and an integrated resort and casino in Lapu-Lapu City in Cebu.
More than improving capital access, Uy said public listing also enables his companies to forge new synergies and venture into other industries.
Be ready for the digital future now
For FINEX President Maria Victoria Españo, chairperson and CEO of P&A Grant Thornton, technology is the biggest game changer for industries now.
Her firm—Punongbayan & Araullo (P&A), the Philippine member firm of Grant Thornton International—has survived 30 years vying against generations-old industry leaders and landing among the country’s top five auditing firms as of 2017.
“We’ve seen the local economy make bold leaps. Our clients echo concerns over new regulations, and how automation is taking over many manual processes,” she said.
Digital automation, the emergence of artificial intelligence and new paradigms, and the dynamics of increasingly global relationships are reshaping talent, operations, and strategy in the auditing industry.
As published in The Manila Times, dated 19 January 2018
