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Advisory
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Advisory

Our progressive thinkers offer services to help create, protect and transform value today, so you have opportunity to thrive tomorrow.

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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.
Cybersecurity
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.
Valuations
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.

Related insights:

Business resilience Retuning your business

28 Oct 2020

It's time to pause, reset, and go. We take a look at the internal enablers and external drivers to reset your business.

Assurance

Our services can strengthen your business and stakeholders' confidence. You'll receive professionally verified results and insights that help you grow.

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IFRS
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.

Related insights:

IFRS Insights into IFRS 16

Sarah Carroll

| 24 Nov 2020

Are you ready for IFRS 16? This series of insights will help you prepare.

Tax

Our tax services help you gain trust and stay ahead, enabling you to manage your tax transparently and ethically.

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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.
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.
Transfer pricing
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 policy
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.

Asset management

Increasing regulation and investor demands for returns and transparency continue to challenge the asset management sector.

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Related insights:

Outsourcing Changes to the Outsourcing legislation, specifically when offshoring

Significant 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.

3 min read | 25 Jul 2022
Asset management Inflation and tax planning

The recent onset of rapid inflation is an unwelcome development that is having a widespread impact on US businesses and tax planning.

Less than a minute | 02 Sep 2022

Automotive

We offer an extensive range of services to automotive sector stakeholders from supply chain through to distribution, retail and usership. With a variety of...

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Banking

Our global banking team are an integrated team of experienced industry professionals with in-depth knowledge of financial services institutions.

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Business services

We have considerable expertise in advising the business services sector gained through working with many business support organisations.

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Energy and natural resources

Energy markets worldwide are undergoing major changes. Grant Thornton can help you capitalise on opportunities to unlock your potential for growth.

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Healthcare

Demographic, organisational and resourcing issues are radically changing the global healthcare industry.

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Insurance

Following world events such as the COVID-19 pandemic, Brexit, and changes to regulation and digitalisation, insurers must be alert to the challenges ahead.

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Life sciences

The life sciences industry reaches across biotechnology, pharmaceutical and medical devices, medical technology as well as other industry sub-sectors.

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Media

The media industry is in the grip of a technological revolution as the industry responds to the shift to digital and personalisation.

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Not for profit

We understand the commitment and scrutiny within this sector and will work with you to meet these challenges.

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Private equity

We help businesses navigate today’s changing private equity landscape, ensuring that you can respond to ever-changing regulations and investor demands.

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Public sector

Across the globe, countries are moving towards leaner, more commercial, locally focused and responsive government and public sectors.

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Real estate and construction

At Grant Thornton, we aim to help you successfully read the turns of the industry and navigate this shifting landscape.

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Retail

The past two years saw the retail industry experience significant disruption, however there will still be opportunities to effectively reposition for future...

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Technology

Rapid change and complexity have always been hallmarks of the technology industry. And it is even more so today.

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Telecommunications

Despite facing pressure, telecommunication companies are handling the roll-out of new network technologies and an insatiable demand for bandwidth.

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Travel, tourism and leisure

The COVID-19 pandemic caused unprecedented levels of disruption to the global travel industry. As this evolves, it is unclear what recovery looks like.

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International Financial Reporting Standards

Implementation of IFRS 17 ‘Insurance Contracts’

12 Aug 20212 min read

IFRS 17 heralds a new era of accounting for insurance contracts because it sets out principles-based requirements that aim to improve the comparability of the measurement and presentation of insurance contracts across entities reporting in jurisdictions applying International Financial Reporting Standards (IFRS).

The impact of IFRS 17 will be felt by many stakeholders, including, but not limited to preparers of financial statements, those charged with the governance of entities that issue insurance contracts, investors, regulators, analysts and auditors.

Who are the GPPC?

The GPPC comprises representatives of the six largest accounting networks being BDO, Deloitte, EY, Grant Thornton, KPMG and PwC.

With IFRS 17’s anticipated mandatory effective date of 1 January 2023 moving ever closer, all types of businesses, not just registered insurance businesses, need to start evaluating the impact of the Standard now. In particular audit committees should be considering the quality of the financial reporting of IFRS 17.

With this in mind, the Global Public Policy Committee (GPPC) has issued another paper which builds on the paper issued in 2020 ‘Implementation of IFRS 17 Insurance Contracts – Consideration for those charged with governance [ 391 kb ]’ This additional paper focusses on the auditor’s approach to auditing estimates and associated judgements made in the application of IFRS 17.