-
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.
Over a decade ago, my wife and I agreed on how we wanted to pursue our respective career paths. We laid out where we currently were and where we wanted to go, what were the opportunities, and how we are going to pursue them. The plan we hatched involved being away from each other for most of the year. At that point in our lives, we felt this was our final chance to run as fast as we can with regard to our careers, that we needed to pursue exponential career growth while it is still just the two of us in our family. As soon as we finalized our plans, God blessed us with an unexpected news–we were having a baby. I could not remember exactly what words were said when we learned about my wife’s pregnancy, but I can still recall how non-jubilant we were with the news. The mood was somber at best. It was not in our plans. We had other plans.
Each of us have our own way of planning. We have different timelines for our plans. Some are already planning for the next 10 years, while others are content with looking forward to weekend activities. Some plans are full of details, while others are as hazy as Metro Manila smog.
Organizations make plans, too. They create short-, medium- and long-term plans they aim to achieve. All of us, in whatever form or substance, have plans. Some formalize them in a document, while others simply keep them in their head. If you have lived long enough, you will know, however, that things do not go exactly as planned. As Mike Tyson famously pointed out in the late ‘80s, “Everybody has plans until they get punched in the mouth.”
No matter how well conceived your plans are, regardless of whether you followed your plan to a T, there is so much variability and uncertainty that achieving the desired results can sometimes be elusive. It is not necessarily because your plans are faulty or your execution is erroneous, but because things just did not turn out how you planned them to be. In an earlier article of mine, I wrote that pouring out your entire energy, time, and skills in a particular endeavor will not guarantee the achievement of your goals; even if we put in our best effort, there are other factors that keep us from achieving success. The non-achievement of our desired results is because we are dealing with people.
People, including you and me, make mistakes. Your mistake can derail your plans, and so does the mistake committed by your colleagues.
People are also driven by their own motivations, selfish or otherwise. People’s actions, whether individually or aggregately, in one way or another impact how things will turn out for you.
Hold on to your plans loosely. Pursue them as vigorously as you can. Bring out your best as you run your own race. In an organization, encourage one another to put in the work to pursue organizational objectives. Hold each other accountable. At the end of the day, however, hold those plans loosely in your hands. Hold on them just enough so as to remind you of your hopes, but loose enough that your lives would not bleed from the shattered pieces of your broken dreams.
Advertisements
Knowing that not all our endeavors will be fruitful—thus, holding our plans loosely—reminds us that we are a part of a much bigger world; in this world, we are and we will never be at the center of it. It also reminds us that our actions will have an impact on someone else’s plans and that their actions will affect ours. Holding on to our plans loosely also insulates us from soul-crushing disappointments. The pain of failure will not hurt as much if we know that things could turn out not as how we envisioned it.
Lastly, holding on to our plans loosely will help us get back on our feet faster and help us move on to the next great plan. There is no more lingering self-doubt. As the pop singer Ariana Grande would say, “Thank you, next.”
Looking back on how we reacted upon learning that we are having our first child makes me shake my head in shame. How could have I not welcomed such news with jubilation? Frustration got the best of us. Earlier this year, my eldest daughter was diagnosed with a rare and permanent muscle disorder. At the onset of her condition, when we were not sure how the illness could affect her future, I was saddened at the thought of how my plans for my daughter would be affected. This time, however, we have already learned our lesson: that plans are all good until they crumble. When they do, learn from the experience, let go quickly, and craft the next plan.
Anton Ng is a Partner of the Audit & 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 21 Partners and over 900 staff members.
As published in The Manila Times, dated on 13 March 2019