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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
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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.
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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.
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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.
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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.
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Tax compliance
We aim to minimize the impact of taxation, enabling you to maximize your potential savings and to expand your business.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Global culture
Our people tell us that our global culture is one of the biggest attractions of a career with Grant Thornton.
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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
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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.
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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.
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In the community
Many Grant Thornton member firms provide a range of inspirational and generous services to the communities they serve.
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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.
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Fresh Graduates
Fresh Graduates
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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.
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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.
Bacolod named top model city
15 May 2017THE CITY of Bacolod was named the country’s most liveable urban center during The Manila Times Philippine Model Cities Forum and Awards on Thursday at the New World Manila Bay Hotel in Manila, besting 12 other cities.
The event was held in cooperation with P&A Grant Thornton, the professional services firm.
Bacolod City was chosen as the Top Model City across all criteria by a panel of judges composed of Architect Felino Palafox, Convergys Philippines Services Corp. Chairman Marife Zamora, Wilcon Depot Director Rosemarie Bosch-Ong, and P&A Grant Thornton Tax Advisory and Compliance Division Head Eleanor Roque.
Bacolod came with the most complete set officials, led by Mayor Evelio Leonardia, Vice Mayor El Cid Familiaran, and Rep. Greg Gasataya.
The Safe Haven Award for peace and order was given to Sta. Rosa City, with city administrator Mauel Alipon receiving the trophy from presenter South Forbes Golf Club.
The Environment Friendly Award was handed to Batangas City and was received by Mayor Beverly Rose Dimacuha-Mariño from Wilcon Depot.
The Business Friendly Award (for ease of doing business) was given to San Fernando City, Pampanga and was received by Mayor Edwin Santiago from P&A Grant Thornton.
The Retirement Haven Award was presented by the Philippine Retirement Authority to Tagaytay City, represented by planning officer Carlos Zuñiga. The Education Hub Award (public scholarships, city-funded schools) went to Parañaque City, with Mayor Edwin Olivarez and wife Janet together with key city government personnel accepting the trophy.
Meanwhile, two cities were recognized for being Social Services Oriented – with Quezon City as the winner for Programs for Youth Development and Empowerment, and Zamboanga City for Programs for Health and Elderly.
Mayor Isabel Climaco received the award for the western Mindanao city, together with the largest contingent that attended the event. Phirst Park Homes presented the award.
Mandaluyong City got the Wealth Center Award (investment friendly and improved tax system) with Mayor Carmelita Abalos receiving the trophy from presenter San Miguel Corp.
Mayor John Bongat received the Livelihood and Employment Haven Award (jobs and programs for self sufficiency of residents) for Naga City.
The Road Home Award (public infrastructure and public housing projects) went to General Santos City, received by Vice Mayor Shirlyn Nograles.
The Emergency and Disaster Management Award (improved emergency response and rescue, equipment, etc.) went to Laoag City, with Mayor Chevylle Fariñas receiving the trophy.
Davao City won the Tourism Hub Award (business and leisure tourism) with presenter Marco Polo Davao receiving the trophy on behalf of President Rodrigo Duterte’s home city.
As a preview of the next awards where municipalities will be included, a special recognition was handed to an emerging hub from the south, the Municipality of Nunungan, Lanao del Norte, which was received by Mayor Marcos Mamay.
In his opening remarks, The Manila Times President and Chief Executive Officer Dante Francis “Klink” Ang 2nd, explained that the awards “aim to recognize effective and innovative local governance that improves the quality of life, make local business environments friendlier, and overall makes this country a great place to live.”
Ang was assisted by the paper’s chief operating officer, Blanca Mercado, in handing out the trophies.
Palafox, managing partner and founder of renowned architecture and urban planning firm Palafox Associates, delivered a lecture titled “Cities of the Future: Philippines at 500, 2021 and Beyond”
Vickram Cuttaree, World Bank Sustainable Development for the Philippines program leader, spoke on “Competitive, Inclusive and Sustainable Cities.”
Roque discussed efforts by local governments to ease business processes, while KMC MAG Group Managing Director Michael McCullough spoke on “Manila Green Building Trends and Market Outlook.”
Gracing the affair was The Manila Times Chairman Emeritus Dr. Dante Arevalo Ang, who was recently named Special Envoy of the President for International Public Relations.
Also present were key officers of The Manila Times – Editor in Chief Neri Tenorio, Lifestyle and Entertainment Editor Tessa Mauricio-Arriola, Supplements Editor Lea Beltran, Vice President for Sales and Marketing Danny Ocampo, Vice President for Finance Evelyn Fauni, Advertising Director Roda Zabat and Marketing Communications and Services Director Denise Calnea.
Business Times columnist and former House of Representatives member Kim Bernardo Lokin hosted the event.
As published in The Manila Times, dated on 15 May 2017