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.
Prestige or investment?
The London 2012 Olympic and Paralympic Games were widely regarded as a huge success. Spectators, officials and competitors alike praised not just the efficiency of organisation, but the spirit in which the games were held.
That the host nation performed strongly in the medals table helped the atmosphere, but just 21% of UK businesses consider success by individuals or teams competing in major sporting events as important. This compares to 51% of their peers in previous host country, China.
However, 61% of UK businesses believe hosting big sporting events is important in terms of attracting inward investment compared to just 38% in China.
A very interesting divergence in opinion.
Prior to the Olympics we reported that emerging economies view large sporting events as key to attracting investment, and made the point that the necessary capital expenditure on venues, transport and technology infrastructure can be transformational in emerging economies. In Brazil, which is gearing up to host the 2014 FIFA World Cup and the 2016 Olympic Games, 83% of businesses are positive about the investment opportunities these events bring.
So why, four years on, are Chinese businesses less than enthused?
Daniel Lin, managing partner at Grant Thornton Hong Kong, explains: “As an emerging market, China benefited from the 2008 Beijing Olympic Games in a way that boosted their profile globally, rather than driving solid inward investment to the economy. The IBR results clearly shows that the image-lifting result brought by the Beijing Olympic Games is far more significant than the actual business growth in China.”
The key issue is that these events put emerging economies in the global shop window. London is a fully established global city. Beijing is not there yet (although it is catching up fast). The quantifiable, long-term impact of London 2012 was always going to be relatively more important given the respective positions of the two economies on the development curve.
Beijing 2008 was a demonstration of China’s growing economic power, its legacy primarily measureable in increased international prestige. London 2012 was much more focused on a quantifiable legacy and the regeneration of one of its more deprived areas.
Therefore in many ways, the real work of London 2012 begins now. Ahead of Rio 2016, it will be interesting to see whether the expectations of UK businesses have been matched.
To access the results using our data visualisation tool, click here.