-
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.
For this very long weekend due to the 2017 Asean Summit, I decided to move out of the house and stay someplace else with my two girls. It was partly because it has been a while since I had a date with them and I really wanted to spend this time with them. I wanted to get myself updated with my daughters, such as what food they like to eat, what kind of games they want to play, what types of words they use, how they sleep, what makes them tick, what ticks them off. In a way, this trip was for me to have a better view of their perspective, which, in turn, should allow me to deepen my relationship with them further.
Prior to the trip, I had this seemingly trivial encounter with one of the security guards stationed at our village’s gate. I got a message from a friend on Wednesday afternoon saying that he had delivered a sealed package (with no value to anyone but me) addressed to me at the guard outpost by the main gate. That particular information skipped my mind for two days.
On the Friday of the same week, I remembered the package as I reached the gate on my way home. I lowered the driver’s seat window and asked, “Chief, may iniwan daw na package para kay Anton Ng. Kahapon yata. (somebody left a package for Anton Ng, yesterday, I think.” The security guard checked his drawer. As he walked back toward my car and handed me a sealed brown envelope, he said something annoying, “Hindi naman ito kahapon eh. Nung isang araw pa ‘to iniwan. Sabi ko nga sa nag-iwan, sabihan ka agad. (This was not from yesterday. This has been here since the other day. I even told the fellow who delivered it, inform the recipient right away that it’s ready for pick-up.” There was a hint of frustration in his voice, I could sense it.
“Pasensya naman, (Sorry, please?),” I said in a voice that usually comes out when I try to make light of a situation or make a joke. The thought that instantly crossed my mind was: “Why is this guard overreacting. I just forgot to pick it up yesterday.”
As I continued driving home, however, I realized that the reaction was that intense because the prompt delivery of packages to homeowners was very important to a security guard. That was one of his responsibilities. He also did not have an idea what was inside the package, so the longer it stayed is in his possession, the higher the level of unease. With that in mind, I was glad that I did not respond negatively to the security guard who was just taking his role at heart. He might have still overreacted, but it was fully understandable and should never warrant a strong negative response on my part.
There are great many benefits that we can reap from being able to shift our perspective. One benefit of which is that shifting our perspective opens up new possibilities. From a state of fear to a state of tense excitement, a person can become a willing participant in activities that he or she does not want to be a part of. My eldest daughter used to not want to join games or competitions, because she was fearful of losing or being laughed at.
After some years, though, she realized that losing is just one of the many possible outcomes of participating in games. Such a realization did not remove the sting of losing, but it did open up the possibility of other outcomes apart from losing. Other outcomes include winning or even losing, but still having fun with other players. That change in perspective allowed her to slowly become less fearful of joining games.
Imagine if we, adults, could do the same in our careers, relationships, or our personal growth initiatives. Maybe there is a learning activity that you have been putting off because of fear. What if you could shift your perspective and open yourself to other possibilities, such as being successful in that endeavor? Imagine what that can do to your personal growth.
More sensitive and informed decision-making that can sustain or heal relationships is another outcome that I can think of when it comes to being able to shift your perspective. Today’s world is more interconnected than ever; hence, our decisions would impact more and more people. Being able to shift our perspective allows us to have a better understanding of the impact of our decisions on other people.
During this quality time with my kids, there is some level of understanding among us three that I would be fully engaged with them over the span of three days. Of course, there are other responsibilities that I have to attend to every now and then while I am with my daughters. My eight-year old, who, just the other day “reprimanded” me for always being on my phone, decided that she would be more of my helpmate rather than my child when these other responsibilities started coming up. Especially since my wife is currently traveling for work, my eldest did not make a big fuss when I informed her that I could no longer bring them to the swimming pool, as I promised the day before. She accepted the circumstance and acted like a mature child looking after her younger sister as I sat in front of my laptop. She probably understood the position I am currently in and decided to make life easier for me through her response and actions.
In our professional relationships, we sometimes take for granted how our words, actions, or decisions would affect others. Sometimes, we delay holding a conversation with our staff on work performance, simply because we are worried how our staff would take what we had to say negatively. Did we ever think of the alternative, of the other perspective? That our staff would be grateful to us when we provide feedback that would be beneficial to their growth? Shifting our perspective not only pushes us to act, but it also gives us an insight into how we should act. In this scenario, it is no longer just about giving feedback, but us having a conversation with our staff to help them grow and develop.
A few months back, I wrote about how words matter: that if you have the appropriate words, speak them, write them, never hold them back. Prior to expressing our words, however, we should learn how to shift our perspective. Our ability to shift perspectives allows us to have the appropriate words that would definitely matter.
Anton Ng is a partner, Audit & Assurance 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 850 staff members. We’d like to hear from you! Tweet us: @PAGrantThornton, like us on Facebook: P&A Grant Thornton, and email your comments to anton.ng@ph.gt.com or pagrantthornton.marketscomm@ph.gt.com. For more information, visit our Website: www.grantthornton.com.ph.
As published in The Manila Times, dated 15 November 2017