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.
US business leaders remain cautious
The big New Year business story was that politicians in the United States had pulled the economy back from the brink of the ‘fiscal cliff’, albeit slightly later than planned. Stock markets rose and many business leaders breathed a collective sigh of relief.
But closer inspection of the deal reveals that only the question of tax rises was addressed. Potentially thornier negotiations around spending cuts and the debt ceiling remain unresolved. It is now not just European leaders who are being accused of ‘kicking the can down the road’.
The impact of this uncertainty on business growth is stark. Our most recent IBR survey revealed that, having risen to 50% in Q2-2012, net business optimism in the United States fell to -4% in Q4-2012 – the lowest since the depths of the financial crisis. Expectations for increasing revenues (down 10 percentage points) and profits (down 9) fell sharply from Q3-2012.
Furthermore, almost half (46%) of US businesses cited the uncertainty surrounding the resolution of the ‘fiscal cliff’ as an obstacle to developing and implementing their firms’ business strategies. Should agreement not have been reached, they were likely to delay investment decisions and expansion, and lay off workers, all of which would further dampen economic growth.
But will the ‘fiscal cliff’ deal, such as it was, be enough to encourage businesses to stop bolstering their cash reserves? With other key decisions looming, are businesses really going to choose now to invest?
The uncertainty in the world’s largest economy resonates across the globe. At a time where the eurozone remains in crisis and growth is flat, Japan has a new government and is back in recession, and the BRIC economies are slowing, it is especially bad news for the global economy.
The outlook for at least the first half of 2013 remains difficult, and business leaders are cautious about growth prospects. Timely agreement in the United States would be a major boost to business confidence. It might even encourage leaders in the eurozone to follow suit.