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Audit approach overview
Our audit approach will allow our client's accounting personnel to make the maximum contribution to…
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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…
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Review engagement
A review involves limited investigation with a narrower scope than an audit, and is undertaken…
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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…
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Tax advisory
With our knowledge of tax laws and audit procedures, we help safeguard the substantive and procedural…
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Tax compliance
We aim to minimize the impact of taxation, enabling you to maximize your potential savings and to…
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Corporate services
For clients that want to do business in the Philippines, we assist in determining the appropriate and…
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Tax education and advocacy
Our advocacy work focuses on clarifying the interpretation of laws and regulations, suggesting…
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Business risk services
Our business risk services cover a wide range of solutions that assist you in identifying, addressing and…
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Business consulting services
Our business consulting services are aimed at addressing concerns in your operations, processes and…
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Transaction services
Transaction advisory includes all of our services specifically directed at assisting in investment, mergers…
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Forensic advisory
Our forensic advisory services include assessing your vulnerability to fraud and identifying fraud risk…
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Cyber advisory
Our focus is to help you identify and manage the cyber risks you might be facing within your…
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ProActive Hotline
Providing support in preventing and detecting fraud by creating a safe and secure whistleblowing system…
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Accounting services
At P&A Grant Thornton, we handle accounting services for several companies from a wide range of…
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Staff augmentation services
We offer Staff Augmentation services where our staff, under the direction and supervision of the company’s…
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Payroll Processing
Payroll processing services are provided by P&A Grant Thornton Outsourcing Inc. More and more…
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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…
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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…
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Learning & development
At Grant Thornton we believe learning and development opportunities allow you to perform…
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Global talent mobility
One of the biggest attractions of a career with Grant Thornton is the opportunity to work on…
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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…
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In the community
Many Grant Thornton member firms provide a range of inspirational and generous services to the…
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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…
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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…
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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…
PREVIOUSLY, the Securities and Exchange Commission (SEC) issued Memorandum Circular No. 9-2011, prescribing a 10-year limit on independent directors in listed, public and mutual fund companies.
The rule provides that an independent director can have an initial term limit of five years and can be reelected for another five years only after a cooling off period of two years.
In the pursuit of promoting and reinforcing the independence of the board of directors, the SEC recently issued Memorandum Circular No. 4-2017, amending the term limit of the independent directors to a maximum of nine years. After the nine-year term, the independent director will be permanently barred from reelection as such in the same company but may continue to qualify as a non-independent director.
In case a company wants to retain an independent director who has served for nine years, the board of directors should provide meritorious justifications/s and seek the approval of shareholders during the annual shareholders’ meeting.
This takes effect immediately. Source: P& A Grant Thornton
As published in SunStar Cebu, dated on 21 March 2017