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Audit approach overview
Our audit approach will allow our client's accounting personnel to make the maximum contribution to the audit effort without compromising their ongoing responsibilities
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Annual and short period audit
At P&A Grant Thornton, we provide annual and short period financial statement audit services that go beyond the normal expectations of our clients. We believe strongly that our best work comes from combining outstanding technical expertise, knowledge and ability with exceptional client-focused service.
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Review engagement
A review involves limited investigation with a narrower scope than an audit, and is undertaken for the purpose of providing limited assurance that the management’s representations are in accordance with identified financial reporting standards. Our professionals recognize that in order to conduct a quality financial statement review, it is important to look beyond the accounting entries to the underlying activities and operations that give rise to them.
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Other Related Services
We make it a point to keep our clients abreast of the developments and updates relating to the growing complexities in the accounting world. We offer seminars and trainings on audit- and tax-related matters, such as updates on Accounting Standards, new pronouncements and Bureau of Internal Revenue (BIR) issuances, as well as other developments that affect our clients’ businesses.
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Tax advisory
With our knowledge of tax laws and audit procedures, we help safeguard the substantive and procedural rights of taxpayers and prevent unwarranted assessments.
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Tax compliance
We aim to minimize the impact of taxation, enabling you to maximize your potential savings and to expand your business.
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Corporate services
For clients that want to do business in the Philippines, we assist in determining the appropriate and tax-efficient operating business or investment vehicle and structure to address the objectives of the investor, as well as related incorporation issues.
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Tax education and advocacy
Our advocacy work focuses on clarifying the interpretation of laws and regulations, suggesting measures to increasingly ease tax compliance, and protecting taxpayer’s rights.
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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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Staff augmentation services
We offer Staff Augmentation services where our staff, under the direction and supervision of the company’s officers, perform accounting and accounting-related work.
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Payroll Processing
Payroll processing services are provided by P&A Grant Thornton Outsourcing Inc. More and more companies are beginning to realize the benefits of outsourcing their noncore activities, and the first to be outsourced is usually the payroll function. Payroll is easy to carve out from the rest of the business since it is usually independent of the other activities or functions within the Accounting Department.
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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.
Projects
P&A Foundation, Inc.
2021 Scholars’ Night
Last December 29, 2021, P&A Grant Thornton shone a spotlight on its notable scholars-turned-P&Aers during Scholars’ Night 2021, an event conducted via Zoom.
P&AgSagip: Typhoon Odette CSR Project
The P&Agsagip: Typhoon Odette CSR Project, a collaboration between the Tax Division, P&Ause, and P&A Foundation in partnership with the GMA Kapuso Foundation, was launched last December 23, with staff members collecting donations for affected communities. We’re happy to announce that families in Sipalay, Negros Occidental have received the relief packages, along with everyone’s well wishes!
P&Agbyahe ng P&Ag-Asa 2021: A Livelihood Project for Jeepney Drivers
Last year, jeepney drivers endured the adverse impact of the COVID-19 pandemic on public transportation which then had a maximum passenger limit.
P&Aghiusa Para sa Badjao: Helping Hands for the Indigenous
In partnership with Project Dyesebel (Developing the Youth with Environmentally Sustainable Advocacies Building and Empowering Lives), our Davao team went beyond their normal work routine by spending time with the Bajau Community last November 12.
P&Agkalinga: Livelihood and educational assistance to families in Cagayan and kids in Manila North Cemetery
In celebration of GT in the Community 2021, P&A for a Cause, in partnership with Rotaract Manila Premier, conducted a two-part CSR activity last November 12, 2021.
P&Ahalipay: Pakig-usa sa paghatag ug kalipay
P&A Foundation, together with its staff members from P&A Grant Thornton Cebu branch, earlier launched P&Ahalipay: Pakig-usa sa Paghatag ug Kalipay (Gift to make people happy: Being united in giving joy) as part of GT in the Community 2021. The project aims to spark happiness for children who were abandoned by their parents and children diagnosed with cancer.
P&Askwela: A Brigada Eskwela Project Year 2021
P&A Foundation and P&A for a Cause participated in last year's Brigada Eskwela 2021: Bayanihan Para sa Paaralan by giving cash assistance to eight (8) public schools across the country. The donations were intended to help the schools in purchasing printers, bond papers, ink, and other supplies which will be used in their modular learning activities. The Foundation selected schools in Pangasinan, Cavite, Bataan, Zamboanga, Laguna, and Metro Manila. The said donations benefited more than 14,000 learners.
P&Agtulong: Hagupit sa Habagat sa Bataan Response Project
Due to the effect of southwest monsoon (Habagat) and continuous heavy rains during the last week of July, most areas in Bataan were submerged in flood and some areas were declared under a state of calamity.
Project P&Athfinder
In support of PUP-JPIA’s D’ISKOnnected: One Fight Against Digital Divide, an initiative that aims to help greatly affected students at the university to adapt to new modes of learning, Business Process Solutions Assistant Manager and P&A for a Cause Chair Mitch Vicente, together with P&Ause members Shelle Macatugob and Wenchie Buen, turned over desktops and a check donation last August 5, 2021.
22nd Search for Outstanding Accounting Students of the Philippines (SOASP)
Last May 29, P&A Foundation, Inc. held the 22nd Search for Outstanding Accounting Students of the Philippines. The event, held in partnership with the Philippine Institute of Certified Public Accountants (PICPA) and the Association of Certified Public Accountants in Commerce and Industry (ACPACI), is an annual nationwide competition which aims to shine the spotlight on the country’s top accountancy students through qualifying examinations and interviews.