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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.
The Manila Times’ 13 model urban oases inspire other cities to get better
17 May 2017“By awarding top model cities, we not only reward the winners for their relentless efforts to make their cities, and their people, progressive, we also want to inspire the rest of the cities to become the best that they can be.”
This is what The Manila Times’ President and Executive Editor Dante Ang 2nd clearly pointed out during his welcome address in the Philippine Model Cities Forum and Awards held at New World Manila Bay Hotel on May 11.
For the first time, The Manila Times awarded 13 model cities with Bacolod City as the
the country’s most livable urban center. Other cities recognized for viability and excellence in specific areas were Santa Rosa City, Batangas City, San Fernando City Pampanga, Tagaytay City, Parañaque City, Quezon City, Zamboanga City, Mandaluyong City, Naga City, General Santos City, Laoag City and Davao City.
The Manila Times President and CEO Dante Francis ‘Klink’ Ang 2nd (extreme right) and COO Blanca Mercado (extreme left) pose together with The Philippine Model Cities: Beyond the Most Liveable Urban Centers winners – Bacolod City Mayor Evelio Leonardia (center) and special awardees Nunungan, Lanao de Norte Mayor Marcos Mamay, Marco Polo Davao General Manager Dottie Wurgler-Cronin for Davao City, San Fernando, Pampanga Mayor Edwin Santiago, Batangas City Mayor Beverly Rose Dimacuha, Zamboanga City Mayor Isabel Climaco, Mandaluyong City Mayor Carmelita Abalos, General Santos Vice Mayor Shirlyn Nograles, Santa Rosa City Administrator Manuel Alipon, Laoag City Mayor Chevylle Fariñas, Parañaque City Mayor Edwin Olivarez, Tagaytay City Planning Officer Carlos Zuñiga and Naga City Mayor John Bongat.
Meanwhile, a special recognition was given to the Municipality of Nunungan, Lanao del Norte, which is considered an emerging hub from the south. (Related stories on Pages 2 to 6)
“The ‘Philippine Model Cities’ aims 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 said.
By gathering experts on environment, business economics and urban planning who discussed the bigger picture of what makes the cities tick, the forum successfully tackled various topics.
Felino Palafox Jr. presented “Cities of the Future: The Philippines at 500, 2021 and Beyond.” The famous architect and one of the most well-read columnists of The Manila Times recalled what the Philippine cities looked like in the past, what the country is undergoing and the possible transformation the country would be experiencing by 2021 and beyond. He also injected some personal accounts on his studies and recommendations to the government on how to achieve the development.
“One of our advocacies at Palafox Associates is to develop Philippine cities for the next 100 years,” said Palafox who had been in more 1,000 cities around the world because of his profession. He pointed out that integrated and open developments are the key to sustainable future for the Philippines.
For his part, World Bank Sustainable Development for the Philippines program leader Vickram Cuttaree challenged leaders of cities to be more competitive but sustainable in his presentation titled “Competitive, Inclusive and Sustainable Cities.”
He particularly challenged the country’s policymakers to enable cities to be more competitive as urbanization is deemed important for progress and poverty alleviation.
Cuttaree pointed out that urbanization has been driving national productivity growth over time. “Between 2000 and 2010, for every one percent increase in urban land, there was a corresponding increase of about 11 percent in national productivity,” he said.
But Cuttaree warned, “If urbanization is not managed well, it can give rise to inequality and exclusion that can derail the development process. Challenges such as economic, spatial and social exclusion will ultimately affect opportunities for city residents.”
Meanwhile, P&A Grant Thornton Tax Advisory and Compliance Division Head Eleanor Roque revealed some anomalies and difficulties in the process of business registration and tax payment in the country, as she also discussed current efforts being done by various local government units in implementing one-stop shop program to ease business processes.
On the other hand, KMC MAG Group Managing Director Michael McCullough talked about the inspiring “Manila Green Building Trends and Market Outlook.”
In general, speakers of the forum encouraged the 13 chosen cities to be an inspiration to other megalopolis in the country to become the most livable urban centers in the country.
As published in The Manila Times, dated on 17 May 2017