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.
Are regulations dampening business growth prospects?
On the one hand, the results from our once-every-two-years look at the world’s leading emerging markets were encouraging. Business leaders across the world are looking at international expansion opportunities. Unleashing the huge amount of cash businesses are sitting on could help boost the economy at a time of continuing uncertainty.
Of course, globalisation is no longer simply a one-way street. Historically, investing in emerging economies provided businesses with access to huge consumer markets, and low cost land and labour inputs.
Indeed, more than half of businesses are looking at opportunities in the five largest emerging markets – the BRIC economies and Mexico. According to our Emerging markets opportunity index these economies continue to offer investors significant growth prospects, whilst some of the biggest risers include Chile, Indonesia, Nigeria and Peru.
But increasingly, emerging economy peers are looking to buy assets in mature economies. Western Europe and North America remain high up on the international expansion target list, with business leaders hoping to benefit from the slowdown by picking skills and technology transfers from distressed assets at low prices.
However, the results also sounded a note of caution. The key challenge cited by business leaders in terms of expanding their operations across borders is red tape.
Clearly strong regulations and legislation can be a good thing, but we do not want to see protectionist measures adopted that simply shelter local businesses. We have seen the damage such regulations can cause for businesses in economies such as Argentina – where extensive foreign-exchange and import controls have been enforced to combat the trade deficit.
Of course economies across the globe are also opening up to FDI and I was particularly pleased to see that the Indian Parliament recently voted to open up the retail sector to foreign competition. Examples such as these show that globalisation remains a potent force for growth.
The economic outlook remains uncertain but dynamic business leaders stand ready to invest. Let’s give them the right environment and incentives to do so.
is global CEO at Grant Thornton.