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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.
Press
- 2015 2015
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2014
2014
- OECD BEPS project faces uphill battle in reducing business scepticism on intergovernmental tax action
- Global private equity report 2014/15
- Mining M&A expected to double as market elements align
- New Grant Thornton firm in Belize
- Businesses in mature markets break investment inertia
- Good CSR makes good business sense
- 2013
- 2012
- 2019 2019
Tax reduction off the menu in Nordic businesses
New figures from Grant Thornton reveal a striking split in the approach to tax planning between businesses in the Nordic region and those elsewhere around the world – particularly in comparison to southern Europe
Grant Thornton expands through M&A
Grant Thornton announced expansion in the United Kingdom, Australia, Canada, Cyprus and the Isle of Man, following 17 successfully completed mergers and acquisitions around the world in the seven months to 30 April 2014.
Modi gets AAA rating from Indian businesses
Fifty days on from Narendra Modi taking office as Indian Prime Minister, new figures from Grant Thornton’s International Business Report (IBR) reveal that business leaders in the world’s second largest economy are full of optimism about the future – but are also calling for change.
Social media changes game for charities
Social media is changing the global landscape for charities by providing new ways to reach strategic objectives. Many charities consider social media to be an important channel to deliver on their communications and fundraising goals. Some use social media to deliver services.
European audit market reforms
Grant Thornton welcomes the European Parliament’s plenary approval of the Regulation and Directive to reform the European audit market, which will substantially address investor concerns over auditor communication, long tenure, and excessive volume of non-audit services.
Exports boost to global growth
New research from the Grant Thornton International Business Report (IBR) has uncovered an unprecedented boost in plans to increase exports, driving levels of business optimism to record highs. The growth in business optimism is particularly high in Europe and North America, and seems to be driven by increasing export growth expectations. The findings highlight the ongoing need for policymakers to work together to lower trade barriers and foster business environments which encourage cross-border activity and bolster the global recovery.
Legacy of World Cup questioned
With the FIFA World Cup due to kick off in Sao Paulo on 12 June, new research from the Grant Thornton International Business Report (IBR) has found that Brazilian business enthusiasm for hosting the tournament has plummeted over the past two years. However, while few business leaders predict increased investment or increased profits as a result of Brazil hosting the competition, there is hope that infrastructure improvements and a greater influx of tourists will prove enduring legacies.
EU split on further integration
On the eve of this week’s European Parliament elections, new research from Grant Thornton reveals that despite the economic problems caused by the sovereign debt crisis, support for the euro amongst business leaders remains strong. However, support for further European integration appears to be waning in France and Germany, the architects of the EU project.
Two in five businesses open to outsourcing
New research from the Grant Thornton International Business Report (IBR) reveals that two in five business leaders globally either currently (or plan to) use outsource back office processes. The cost savings and process efficiencies outsourcing can provide are recognised across the world, although some business leaders remain reluctant to lose control of a key process.
Economic optimism highest since 2007
New research from the Grant Thornton International Business Report (IBR), a survey of more than 3,300 businesses in 45 economies, reveals a spring surge in business optimism, with all global regions marching in step, despite a slowing of growth in some emerging economies.