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.
In an increasingly complex and uncertain global environment
Public Financial Management (PFM) is evolving from a narrow focus on budgeting towards a wider mandate as a key driver of policy and strategy across all levels of government, public services, state enterprises and public-private partnerships.
While the rate of this evolution differs by country, the results of this research from Grant Thornton International in association with the International Consortium on Governmental Financial Management (ICGFM), reveal a marked overall increase in innovation and several global trends manifesting. These fall within four major areas impacting PFM: reform programs; infrastructure development, especially via Public-Private Partnerships (PPPs); transparency, especially via digital channels; and the impact of global economic uncertainty.
This report draws on a recent survey of 278 PFM practitioners worldwide as well as insights from experts at the ICGFM, the MIT Centre for Finance and Policy and Grant Thornton International. It is the latest in a decade-long series jointly published by Grant Thornton and the ICGFM.
- While 68% of respondents say their countries have a formal PFM reform programme in place, critical gaps exist in the ability to deliver reforms, as 38% cited technical assistance issues and 33% cited employee training and new legal frameworks challenges.
- Nine out of ten respondents say their countries needed substantial infrastructure investment to support economic expansion and nearly three-quarters are looking at public-private partnerships. However, only 53% of respondents who have used it in the past report success.
- Many expect social media to ultimately become their primary channel to increase transparency, but only 43% are currently using. Respondents believe social channels are effective in bringing greater transparency (73%) and making these allocations more responsive to citizen priorities (53%). Some 75% of those surveyed use websites to increase transparency, which while a high number, is still low given the age of this channel.
- In 2013, 76% said the global financial crisis continued to have an effect on their country’s PFM reform agenda. This year has seen a notable decline in this measure, with 66% reporting the same. Meanwhile, the proportion saying the crisis has led to the adoption of new risk management practices has risen to 59%, up from 38% in 2013.