Business consulting services
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
Business process solutions
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
As organisations become increasingly dependent on digital technology, the opportunities for cyber criminals continue to grow.
Forensic and investigation 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.
Mergers and acquisitions
Globalisation and company growth ambitions are driving an increase in M&A activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer- term strategic goals.
Recovery and reorganisation
Workable solutions to maximise your value and deliver sustainable recovery
Transactional advisory services
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.
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
The International Financial Reporting Standards (IFRS) are a set of global accounting standards developed by the International Accounting Standards Board (IASB) for the preparation of public company financial statements. At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting from IFRS 1 to IFRS 17 and IAS 1 to IAS 41.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
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.
Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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.
Indirect international tax
Using our finely tuned local knowledge, teams from our global organisation of member firms help you understand and comply with often complex and time-consuming regulations.
Innovation and investment incentives
Dynamic businesses must continually innovate to maintain competitiveness, evolve and grow. Valuable tax reliefs are available to support innovative activities, irrespective of your tax profile.
Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
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
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
Outsourcing Changes to the Outsourcing legislation, specifically when offshoringSignificant changes to the dynamic of the financial services sector in recent years have shifted the paradigms in how we work. The increased digitisation of the workforce, changes in business models, globalisation, and remote working capabilities have led to a new approach to the delivery of services.
Asset management Inflation and tax planningThe recent onset of rapid inflation is an unwelcome development that is having a widespread impact on US businesses and tax planning.
With a large proportion of office-based workers abruptly transferred to a home working model due to COVID-19, businesses were forced to adapt. Once the pandemic abates, it is likely that some of these adaptations will persist, with the creation of hybrid working structures. Businesses have reported seeing new levels of productivity and connectedness; remote working has been recognised as viable and inclusive; and new types of leadership based on trust and respect have emerged. When the challenges of enforced home working – such as home schooling and less-than-ideal working spaces – recede, and flexible working can be more tailored, the positives will be enhanced.
Benefiting from new working practices
A 2020 poll by Gartner shows that 48% of employees will likely work remotely at least part of the time after COVID-19, versus 30% before the pandemic. But if flexible working is to be inclusive, businesses need to consider where, for how long, and at what times people work. “Diversity leaders will need to be involved in role design and creation of flexible work systems to ensure that employees of all backgrounds and needs are considered when the organisation designs new workflows,” says Ingrid Laman, vice president of research and advisory at Gartner.
To be successful, these workflows need to be beneficial for both employer and employee. “Virtual working has helped to support more inclusive working practices, for leaders willing to embrace the voice of their people; it has enabled more effective mobilisation of listening platforms; and improved digital technology has allowed more inclusive work practices and decision-making to develop,” says Sarah Talbott, partner and gender diversity lead for Grant Thornton UK. “This will enable flexible ways of working to work more easily and quickly in organisations, helping businesses to reimagine traditional leadership roles and enabling more access to talent.”
Keeping all team members visible and included
One of the challenges of flexible working is ensuring people aren’t overlooked when out of the regular routine of the office. Managers need to communicate with staff, and keep them connected. “The leaders of an organisation must provide guidelines so that people are clear on their responsibilities when they’re not on site,” says Marivic Españo, chairperson and CEO at P&A Grant Thornton. “Regular checkpoints via email, chat groups, or virtual meetings are helpful. It’s about reaching out and making sure they feel included.”
There are circumstances, however, where not being seen can facilitate an inclusive culture, and empower female colleagues. “If you’re working virtually, it’s no longer about gender, it’s no longer about colour: it’s your level of productivity and efficiency that speaks. It ends up reducing unconscious bias,” believes Ngozi Ogwo, managing partner/CEO of Grant Thornton Nigeria. “In the long run, it will promote the tenets of inclusion and diversity because people will be allowed to be themselves. The culture will be so inclusive that everybody will be given equal opportunities to prove what they can be and what they can do.”
According to Grant Thornton’s Women in Business research, 31% of companies offer flexible working arrangements to support women to progress into senior management.
Explore the other positive actions being pursued by businesses.