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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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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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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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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.
The Management Association of the Philippines (MAP) and the Asian Institute of Management (AIM), in collaboration with the University of San Agustin (USA) in Iloilo, held last October a two-day Management Educators’ Workshop (MEW) with 56 participants from 20 universities and colleges in the West Visayas region (Iloilo, Capiz, Aklan, Antique, Guimaras and Negros Occidental) attending. Many of the participants were university and college presidents, vice presidents, school administrators, deans and senior faculty members.
The MEW is a long standing project of the MAP with AIM.
Started in 1992, the MEW, designed for multiple higher educational institution audiences, and its variant, the Seminars for Management Educators (SME) for single educational institutions, have helped over 3,000 senior college and university officials and management faculty (both business and public management professors and teachers) rethink their management curriculum and subject syllabus, the various contents of their subjects, and the methods they use in ensuring their students learn enough to “hit the ground running.”
The MEW/SME has since become a major mainstay project for MAP, which is able to mount as many as two MEWs and two SMEs every year.
“VUCA,” the topic for this latest MEW, stands for volatile, uncertain, complex and ambiguous, a catchy way to describe our current and emerging world. Wikipedia provides definitions for these four concepts as follows:
V = Volatility. The nature, dynamics and speed of change introduce catalysts.
U = Uncertainty. The lack of predictability, the prospects for surprise, and the sense of awareness and understanding of issues and events.
C = Complexity. The multiplex of forces, the confounding of issues, and confusion that surround an organization.
A = Ambiguity. The haziness of reality, the potential for misreads, and the mixed meanings of conditions.
A Harvard Business review article, “What VUCA really means for you”, provided a useful matrix to situate the four conditions using answers to relevant questions [https://hbr.org/2014/01/what-vuca-really-means-for-you].
The MAP-AIM and USA working group decided on the topic after some discussions.
The first day of the workshop was to provide grist for the mind mill.
Both the Commission on Higher Education (CHEd) representatives, Jimmy Tolosa (who replaced Dr. Cesar H. Medina) and USA president Fr. Frederick C. Commendador, OSA, expressed their hopes and expectations that the workshops would help institutions of higher learning realign their bearings and improve both the standing of the region vis-a-vis other regions and the competitiveness of graduates.
To provide some anchors, four leading industry practitioners were asked to give their views on the expectations of organizations regarding the people they wanted to hire to run their organizations.
Helen Macasaet, independent consultant of the Supreme Court of the Philippines and former chairperson of the MAP ICT Committee, addressed the needs of the information and communications technology industry.
Olive Limpe-Aw, president of Destileria Limtuaco and MAP member, addressed the requirements of the manufacturing sector.
Jess Carpio, president of P&A Grant Thornton Outsourcing, Inc. and vice chair of the MAP Management Development Committee, spoke of the emerging trends and the evolving requirements in the accounting and auditing professions.
Former MAP president Greg Navarro, who is also managing partner of Deloitte Navarro Amper & Co., addressed the emerging requirements of good corporate governance.
AIM professor Federico Macaranas, also a MAP member, gave the introductory lecture on VUCA. It was followed by a workshop that focused on the challenges confronting the higher educational institutions in the region.
Macaranas also started the second day with a workshop that focused on answering the same questions raised the previous day, but the exercise proved more challenging and more fruitful for the participants.
The last afternoon of the MEW had AIM professors Noel Cortez and Mario A. G. Lopez give a lecture on developments in leadership theory and practice and a workshop on leadership requirements for the different schools in this VUCA world.
USA, based on informal feedback from the invited participants, had expressed its intent to make the Iloilo MEW an annual affair, bolstered by one or two SMEs.
The Negros Island-based schools also wished to conduct the MEW. Alternating Bacolod and Dumaguete venues were suggested.
Meantime, Jose Rizal University in Manila also revived its collaboration with MAP-AIM for MEWs and SMEs.
It looks like 2017 will be a very busy year.
The author is the chair of the MAP Management Development Committee and a professor at the Asian Institute of Management (AIM). Send feedback to <map@map.org.ph> and <maglopez@gmail.com >. For previous articles, please visit
As published in Daily Inquirer, dated on 20 March 2017