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.
Looking to new frontier markets
The Q1 IBR economic update contained a major surprise: For the first time, not one of the BRIC economies made it into the top five for business optimism. How much should we read into this?
The BRIC economies have powered the global economy in recent times. According to the IMF, these four economies accounted for 31% of global growth over the past decade. And over the next five years their share of global growth will climb to 37%.
However, cracks are starting to emerge. BRIC businesses are increasingly suffering from poor connectivity. Close to half of them cite poor ICT (47%) and transport (45%) infrastructure as constraints on growth, well up on the global averages (14% and 12% respectively).
These challenges are reflected in growth figures. China slowed to 7.7% in Q1 (from 7.9% in Q4) as it continues to rebalance its economy. India is expected to grow by 6.0% in 2013, high by western standards, but dragged down from the previous norm by stifling bureaucracy and rampant inflation.
The ‘Brazil cost’ of doing business in Latin America’s largest economy has helped pull growth rates down from 7.5% in 2010 to just 0.9% in 2012. The Russian economy remains heavily dependent on commodity prices and with unemployment low, there are fears it could be reaching productive capacity even as the 2013 forecast was slashed to just 2.4%.
So which frontier economies are waiting in the wings?
There is talk now of a new club of four – the MINT economies of Mexico, Indonesia, Nigeria and Turkey. Together they accounted for just 5% of global growth over the past decade, but their share is forecast to climb to more than 8% over the next five years.
And all four are becoming increasingly important to their regions. Mexico is set to grow faster than Brazil in 2013 and if proposed cross-party reforms are enacted could accelerate further. Indonesia is forecast to expand more quickly than India this year, and Turkey more quickly than Russia. Growth in Nigeria is expected to climb to 6.8% in 2013, well ahead of current regional leader South Africa.
Mexico is joined in the top five for business optimism by another group of rapidly developing economies; neighbours Chile and Peru, the Philippines and the United Arab Emirates. It is too early to write off the BRIC economies, but there are clearly plenty of challengers willing to soak up business investment if they continue to wobble.