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Financial statements audits
Financial statement audits
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Compliance audits
Compliance audits
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Compilations and reviews
Compilations and audit
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Agreed-upon procedures
Agreed-upon procedures
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Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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International tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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Tax compliance
Business Tax
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Individual taxes
Individual taxes
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Estate and succession planning
Estate and succession planning
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Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
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Sales and use tax and indirect taxes
SUT/ VAT & indirect taxes
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Tax incentives program
Tax incentives program
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Transfer Pricing Study
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
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Business consulting
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
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Forensic and investigative services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
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Fraud and investigations
The commercial landscape is changing fast. An ever more regulated environment means organizations today must adopt stringent governance and compliance processes. As business has become global, organizations need to adapt to deal with multi-jurisdictional investigations, litigation, and dispute resolution, address the threat of cyber-attack and at the same time protect the organization’s value.
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Dispute resolutions
Our independent experts are experienced in advising on civil and criminal matters involving contract breaches, partnership disputes, auditor negligence, shareholder disputes and company valuations, disputes for corporates, the public sector and individuals. We act in all forms of dispute resolution, including litigation, arbitration, and mediation.
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Business risk services
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
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Internal audit
We work with our clients to assess their corporate level risk, identify areas of greatest risk and develop appropriate work plans and audit programs to mitigate these risks.
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Service organization reports
As a service organization, you know how important it is to produce a report for your customers and their auditors that instills confidence and enhances their trust in your services. Grant Thornton Advisory professionals can help you determine which report(s) will satisfy your customers’ needs and provide relevant information to your customers and customers’ auditors that will be a business benefit to you.
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Transactional advisory services
Transactions are significant events in the life of a business – a successful deal that can have a lasting impact on the future shape of the organizations involved. Because the stakes are high for both buyers and sellers, experience, determination and pragmatism are required to bring deals safely through to conclusion.
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Mergers and acquisitions
Globalization and company growth ambitions are driving an increase in M&A activity worldwide as businesses look to establish a footprint in countries beyond their own. Even within their own regions, many businesses feel the pressure to acquire in order to establish a strategic presence in new markets, such as those being created by rapid technological innovation.
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Valuations
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
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Recovery and reorganization
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
We cultivate a strong relationship with our clients, enabling us to deliver an integrated range of services
Audit methodology
We perform audit work and assist in the preparation of your financial statements in which we can detect and/or identify problem areas in your accounting system. As part of our services, we submit a recommendation letter to help you improve internal control procedures, operational effectiveness and efficiency, and financial reporting.
The audit, A-five-step approach
- Planning
In this phase we obtain an understanding of the entity’s operations, control environment, accounts, and information systems. - Risk assessment
We use our understanding of the entity’s internal control system and operations to identify the inherent audit risks and strengths of its businesses and information systems. By performing this risk assessment, we can customize our audit approach to focus our efforts on key areas. - Testing and evaluation of controls
We will evaluate the entity’s operations and its internal control system. Based on the results of this evaluation, we determine the extent of our substantive testing. - Substantive testing
When appropriate, we use audit software to perform substantive testing. This enables us to retrieve information from data files, if needed, without affecting the integrity of the data. - Concluding and reporting
We conclude on both, financial statement and internal control letters, to meet requested reporting deadlines. Drafts of all of our reports are provided to management for their input and review shortly after the conclusion of the fieldwork.
Audit technology
Detailed planning and use of technology increases engagement efficiency, enabling us to provide timely delivery of services.
Each Grant Thornton member firm follows a consistent approach, so you can feel secure that the same high-quality standard will be provided, regardless of the jurisdiction. Horizon, Grant Thornton’s audit methodology, is designed to deliver a consistent standard of audit service to clients, no matter where they operate. Audit teams, therefore, avoid the need to reconcile documentation from a patchwork of different tools. Grant Thornton member firms apply Horizon using proprietary software tool called Voyager.
International Financial Reporting Standards (IFRS)
Many countries have adopted International Financial Reporting Standards (IFRS) due to requirements of the International Accounting Standards Board or by recommendation of a specific jurisdiction. We may assist you with the following:
- Assisting management with the evaluation and selection of IFRS accounting policies.
- Identifying the differences between U.S. GAAP and IFRS and the necessary information in order to perform the conversion.
- Evaluating the necessary adjustments to align the entity’s financial reporting with the proper basis of accounting.
- Assisting in the preparation of the financial statements and applicable disclosures and communications.
- Providing IFRS training to your accounting personnel.