-
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.
Companies urged to go full digital
18 Jul 2020CEBU, Philippines — To stay in business under the new normal, companies across sizes are urged to take on full digitalization platform.
“Digital transformation is no longer an option. It is a must,” said Third Librea, Advisory Services Head of P&A Grant Thornton in a recently held webinar, on impact of COVID-19 on digital transformation agendas.
The webinar was participated by guest speakers from global artificial intelligence and intelligent automation company AntWorks and digital transformation enabler Microsoft.
P&A Grant Thornton presented the webinar in line with the introduction of its digital transformation services.
The CEOs, CFOs, and digital transformation experts exchanged views on the importance of digital transformation given the Fourth Industrial Revolution and the worldwide COVID-19 pandemic.
“The past three and a half months have compelled our organizations to go digital in many ways. Changes to our work practices during this pandemic, however, are the just of the tip of the iceberg that is digital transformation. [Digital transformation] is a foundational change in how an organization delivers value to its customers,” said Ma. Victoria Españo, Chairperson and CEO of P&A Grant Thornton.
Herbert Bactong, the Director for P&A Grant Thornton’s digital transformation services, shared some highlights from the firm’s recently concluded Digital Transformation Survey.
“It’s good to know that 80 percent of our respondents have work-from-home programs, and 66 percent started work-from-home arrangements during the quarantine. However, only 54 percent of these companies plan to continue the practice once the quarantine is lifted,” said Bactong.
He also cited that small and medium enterprises have a higher percentage of ongoing or completed digital transformation projects than large companies do.
“This may be due to the flexibility that they can afford and the less complex project requirements of smaller organizations,” Bactong added.
Also, Bactong reported that the top three ongoing or completed digital transformation projects of those surveyed are process automation and digitization, workforce mobility, and digital marketing.
“We agree that this should be prioritized to help lessen the effects of the disruption brought about by the pandemic,” he said.
However, companies are also interested in data analytics and e-commerce implementation. Bactong also shared the five significant challenges of survey respondents in digital transformation: security issues, lack of budget, lack of project management tools, lack of skills, and lack of formal strategy.
Hugo Walkinshaw, Chief Partnership Officer of AntWorks, then talked on practical resiliency tools, such as digitization and automation.
“We are moving away from the traditional multiyear, multimillion-dollar, large-scale systems driven by enterprise resource planning and moving more into agile, nimble, cloud-based technology,” said Walkinshaw.
Yvette Watson, Modern Work & Security Business Lead of Microsoft Philippines, talked about secure remote work and enabling a secure remote setup using the tech giant’s offerings.
“Technology is all good, but there has to be a business case. There has to be a justification of the cost,” said Watson.
“Digital transformation is not just change; it involves three processes: digitization, digitalization, and digital transformation,” Bactong noted.
To cap off the webinar, Bactong also provided a strategy and roadmap for the digital transformation journey.
“To transform, you need a strategy. Unfortunately, many businesses approach digital transformation with a fast and furious nature. They react to obstacles and gravitate towards the newest and shiniest trends, and that’s just survival mode,” he commented.
“Roadmaps help identify and communicate with stakeholders your digital strategy. It also helps reduce project risk and increases return on investment,” said Bactong.
As published in The Freeman, dated 18 July 2020