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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.
2013
Grant Thornton expands in Canada, the Caribbean, Luxembourg, the Netherlands and the UK
Grant Thornton today announced expansion in Canada, the Eastern Caribbean, Luxembourg, the Netherlands and the UK, following on earlier 2013 expansion in Italy, Indonesia, Senegal and South Africa.
"It is very gratifying when firms want to be part of the Grant Thornton global network,” said Grant Thornton CEO Ed Nusbaum. “Every day, more than 35,000 Grant Thornton people in over 120 countries are working together to help dynamic organisations unlock their potential for growth."
In Luxembourg, Grant Thornton merged with PKF, effectively doubling the size of the Grant Thornton presence in the country. The combined firm will bring together 190 people and nine partners and rise to number six in local market rankings. The new firm offers audit, tax and advisory services, and is particularly strong in financial services.
In the Netherlands, consulting firm ConQuaestor joined Grant Thornton, bringing strategic and organisational solutions in the private and public sectors. The addition is seen as a very strategic move for the firm in offering a wider range of quality advisory services that will be delivered by a team of 400 specialist consultants based in Utrecht.
The two top-ranked firms from the PricewaterhouseCoopers Eastern Caribbean group joined Grant Thornton and will serve clients in all nine countries that comprise the Organisation of Eastern Caribbean States. Offices in Antigua and St Kitts & Nevis will serve the five English speaking countries of Antigua and Barbuda, Montserrat, British Virgin Islands, St Kitts & Nevis and Anguilla. The St Lucia office will serve the four English speaking Windward Island countries of Dominica, St Lucia, St Vincent & the Grenadines and Grenada.
Breakwater Accounting Advisors LLP joined Grant Thornton Canada and provides exceptional service in the areas of financial reporting; governance, risk and compliance; and anti-fraud/anti-corruption to both public/private companies and public sector entities. With a strong focus and expertise in the mining sector, the firm, formed in 2008, is a well-known and respected business risk advisory practice.
In the UK, the financial services advisory arm of Navigant joined Grant Thornton, bringing a 45-strong team including three partners and nine directors, with a focus on ‘challenger banks' - new entrants to the retail banking space.
Earlier 2013 Grant Thornton M&A activity:
- PKF Johannesburg merged with Grant Thornton Johannesburg, doubling that office size to more than 500 professionals and raising South Africa annual revenues to 546 million South African Rand
- Grant Thornton Indonesia agreed to a strategic alliance with PT GNV Consulting Services, increasing strength and capabilities in Indonesia
- Grant Thornton Senegal merged with Excellence Consulting Group, strengthening the firm's advisory capabilities and further establishing their position as a leader in the local market
- Grant Thornton South Africa merged with Fintis and Rebahale to create an enhanced service offering for clients in the South African professional services industry
- Ria Grant Thornton (Italy) merged with TickMark, formerly with the Moore Stephens network. The merger increases the geographic coverage of the firm, adding offices in Bergamo and Novara.
Grant Thornton was named International Accounting Bulletin’s Network of the Year, largely based on leading the major global accounting organisations with growth of 10.4%, as well as strong thought leadership in the profession on critical global accounting issues such as lease accounting, revenue recognition, EU auditor reform, corporate governance and improving the auditor’s report.
Dominic King, Research Manager, dominic.king@gti.gt.com, +44 (0)20 7391 9537
Director of Public Relations and External Affairs
T +1 312 602 8955