-
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.
I can still recall the day the government announced that the National Capital Region and the entire Luzon would be put under enhanced community quarantine starting on March 17, 2020. It was the biggest curveball thrown at us. The uncertainties marking those first few days of the lockdown were just too much to process. But in a way, I was excited for the opportunity to work from home. I surely would not miss being stuck in the horrendous Manila traffic four hours a day. Besides, I thought then, the quarantine could probably be over in a few weeks.
During the first month of the quarantine, there was a mixture of anxiety and excitement in our household. Anxiety because of the lingering uncertainty, and excitement because we were given a month to try this new setup. For most people I know, there was a general pre-pandemic clamor to allow people to work from home. A month later, some were enjoying the experience while others were missing their office environment. A few even got locked down away from their families. Our time was quickly consumed by what we previously considered as basic tasks. It took us more time to plan and buy our basic necessities. We began to realize how complicated grocery shopping had become. Hospital visits and dental checkups became risky. Religious activities, birthday parties and graduations were all canceled. We had to make significant adjustments on how we go through our daily lives. I am sure that for those involved in their organization’s business continuity plans, there was a gazillion calls made during this time, as everybody was trying to check on their people and make adjustments on the fly.
The lockdown was then extended to a second month. The hope of resuming normal activities soon was fading. As we continued to feel increasing pressure to make things work in this new setup, we realized we also lost certain activities that served as our coping mechanisms. Activities that seemed very ordinary were no longer possible for us. There were no more water-cooler chit-chats with our colleagues, no more ranting over coffee with our office besties, no more dinners with friends, no more looking at your left and seeing a friend who can listen to your frustrations. For those like me who were working from home, we were stuck indoors. Our residence now serves as both our battle arena and peace zone. It was difficult separating our work from other aspects of our lives. This is the ultimate work-life integration. Besides having to deal with the lack of physical separation of work from our personal space, the distinction between work hours and off-work ones became blurrier. Being “on” for work 24/7 was starting to take its toll.
Restrictions were eased when the lockdown entered its third month. More industries resumed their activities. By this time, stress levels probably increased already. Stress levels from work — if you still have one — probably increased as we continued to adjust to working remotely or at very limited capacity (I could just imagine the stress levels for those who lost their jobs or businesses). Also, there was the stress felt because of our own personal circumstances being affected by the pandemic. We were seriously becoming more concerned about the health of our family, about frontliners among our loved ones or even about the security of our jobs. By this time, my kids started to feel trapped inside the house. They have not been able to step out of our gates for almost three months. One of their requests during my commute to the office was to videocall them so they can see the “outside world.”
Over the last two months — during which “Sorry, my internet is bad” became the new “Sorry, traffic was bad” — as the number of Covid-19 cases in the Philippines continues to rise, we have come to feel the bleakness of the situation even more. We have been switching between different types of quarantines that I frankly could no longer tell what is allowed or not. I may not be as physically tired as before, but I am surely mentally and emotionally exhausted. We had a lot to reflect on these past months. We had to make some really painful decisions. We had a number of difficult conversations.
How we responded to the pandemic may be far from perfect. Hopefully, a lot of growing up happened during this time. I sure hope all of us now better understand who we are and what we truly value.
Five months and counting. Each one of us have experienced difficult circumstances during these past five months. Some have it worse than others. For most of us, this phase in our lives tested our patience. Hopefully, we are now more understanding of other people might be going through. It tested our contentment. Hopefully, we are now more grateful of what we continue to have. It tested our resolve. Hopefully, it made us more determined to do better.
Anton Ng is a partner of the Audit and Assurance Division of P&A Grant Thornton. P&A Grant Thornton is ons 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. Email your comments to anton.ng@ph.gt.com or pagrantthornton@ph.gt.com. For more information, visit www.grantthornton.com.ph.
As published in The Manila Times, dated 19 August 2020