-
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
-
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.
-
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.
-
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.
-
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.
-
Tax compliance
We aim to minimize the impact of taxation, enabling you to maximize your potential savings and to expand your business.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Global culture
Our people tell us that our global culture is one of the biggest attractions of a career with Grant Thornton.
-
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
-
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.
-
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.
-
In the community
Many Grant Thornton member firms provide a range of inspirational and generous services to the communities they serve.
-
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.
-
Fresh Graduates
Fresh Graduates
-
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.
-
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.
As we prepare for a post-pandemic world
21 Oct 2020When the Philippine government imposed a community lockdown in Metro Manila and the nearby provinces, we were anxious and excited at what this could possibly mean to the work that some of us do. I initially thought that the community quarantines would only last for a few weeks up to a month, but another quarter had passed, then another. We are now in our eighth month, and for people like me who had been mostly working from home, many adjustments had to be made. After working in an office for over a decade, I had to adjust to this new working environment.
Like some of you, I have already established routines, which incorporate activities that I have been longing to do. Activities that because of my three to four hours commute everyday are being deprioritized. Pre-pandemic, I leave the house at half past five in the morning and get back in the house by nine in the evening. Nowadays, I can wake up at 6:30 a.m., do a 10- to 15-minute exercise with whoever is already awake in the house, eat breakfast with the family, do my daily Bible reading, and help one of my daughters to her homework. I am now able to do these before starting work at 8:30 a.m. At night, just before my kids end their day, we are doing our family Bible devotion, which I could not do before because I usually arrive home well past their bedtime. On weekends, our entire family is just at home, spending time together. There are no extracurricular activities to attend to. Our social calendars have been bare as well. A couple of Saturdays ago, we were able to attend an online seventh birthday party of one of our friend’s kid. My take-away from that party was that it was very efficient since there was no need to travel. My wife and I began to wonder, will these (e.g., online parties, work from home) activities continue even post-pandemic? What if they do not?
Like us, organizations will have to find new ways of doing things. As the economy starts to open, organizations would also start transitioning to how they plan to do things in the next months and years. Because of the significant uncertainties surrounding our current environment, there seems to be no one-size-fits-all way of doing things. Certain organizations might start requiring more people to report to the office, while there can be others who will no longer renew their expiring lease contracts because they plan to have most of their workforce work from home. Others might opt to have multiple locations across the Metro. How about how we currently hold our meetings, trainings and conferences? Will there be changes in the organization’s policies when it comes to how those will be conducted? Will we go back to having face-to-face trainings? Until when will those reporting in the office be required to wear mask? Will the office layout be changed? Will the office serve more as a collaboration hub rather than individual workstations?
At this point, both employers and employees already had a lot of time to adjust and re-adjust on their new ways of working. There are those like me who have already found their comfort zone while working from home. After seven months, people may already have a good grasp of what suits them and what they are looking for in a working environment.
Given this scenario, it should be expected that misalignments between what an organization intends to do moving forward versus the preference of its people on how and where to work may appear. This can therefore result in a higher than usual turnover as organizations and its employees revisit their fitness test with one another.
Organizations need to include in their assessments on how this pandemic had changed the manner in which their people now prefers to work; not so much to relent to the preferences of its people but more as a means to ensure that the leadership will not be blindsided by how its people would react and what type of individuals they should be looking for moving forward.
The race for talent had already been very competitive pre-pandemic. During these times, and surely in the years to come, as more individuals are experiencing working in a more flexible working environment, the race for talent will surely become more competitive.
Anton Ng is a partner of the Audit and Assurance Division of P&A Grant Thornton. P&A Grant Thornton is one of the leading audit, tax, advisory and outsourcing firms in the Philippines with 24 partners and more than 900 staff members. We’d like to hear from you! Tweet us: @GrantThorntonPH, like us on Facebook: P&A Grant Thornton, and email your comments to anton.ng@ph.gt.com or pagrantthornton@ph.gt.com. For more information, visit our website: www.grantthornton.com.ph
As published in The Manila Times, dated 21 October 2020