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 ) and other relevant frameworks.

Related Audit Services

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.

Participants are entitled to credited units for Continuing Professional Development (CPD), which are required by the Board of Accountancy. CPE is indicative of an individual’s genuine concern for his or her continued growth as a professional. Our team can help in achieving that. 

Aside from opinions for audited financial statements, we also accept requests for the preparation of General Form for Financial Statements (GFFS) and other reports, which will be submitted to the Securities and Exchange Commission (SEC) on an as-the-need-arises or annual basis as embodied in the Securities Regulation Code (R.A. 8799). 

Preparing reports and certifications for cash payments or converting advances/liabilities to equity are the usual transactions that a service firm undertakes for clients, but at P&A Grant Thornton, we go beyond expectations. We can help you comply with the technical requirements set by the SEC for increasing authorised capital stock. We can provide guidance in completing the basic needs and additional requirements depending on the kind of payment on subscription. 

Our Japan Desk has developed a keen understanding of Philippine Financial Reporting Standards and tax rules and regulations. This group is primarily focused on serving, and coordinating with, our valued Japanese clients. Most of the Japanese firms operating in the Philippine economic zones are required by their head office or Japanese counterpart to submit reports on their financial statements, including financial highlights, for a specific operating period. One of the services offered by our Japan Desk is assistance in the translation of such financial statements into the Japanese language. 

Why P&A Grant Thornton

We go beyond traditional assurance by offering practical, value-adding support tailored to your evolving needs.

Whether it's navigating new accounting standards, meeting requirements, or providing specialised training, our team combines technical expertise with a proactive approach to help you stay compliant, informed, and ahead of change. 

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Ramilito L. Nañola
Practice Leader, Audit & Assurance
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