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Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
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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.
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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.
Gillian Saunders explains the business benefits of going green
Efficiency and cost savings are big business in hospitality and tourism. It's hard to think of another sector which was such an early adopter of environmentally-friendly business practices. Just think of the smart card key which in many hotels is the only means to activate the lights, air con or heater in your bedroom. This was somewhat rare not that many years ago, but is now fairly standard practice. How many of us would love to activate lights and heating in our homes only when they were being used? We could really save on our electricity bills.
And this is the key point: what saves consumers money, also saves businesses money. Three-quarters of hospitality businesses in our IBR survey are moving towards more environmentally and socially sustainable business practices specifically to lower costs (76%). And when you consider that energy typically accounts for 5% of a hotel's budgeted expenses, it's clear that efficiency savings can make a big difference to the bottom line. More than four in five hospitality and tourism businesses cite reducing the cost of energy as an important enabler for their growth strategy (84%), the highest of all industry sectors bar cleantech.
The same is true of water. Some businesses in the hospitality and tourism sector, particularly golf courses, use a lot of it. The vast majority say that the cost (81%) and supply (82%) of utilities such as water is of vital importance to their operations. Adapting business models to treat the water supply as finite requires a change of mindset; historically many companies treated it as a free resource. But water scarcity and water cost is now starting to present a very real challenge to businesses around the world as the planet warms.
Retrofitting any building to make it 'greener' is enormously expensive, the cost benefits of which take years to come to fruition. But cost saving is not the only driver; the voice of the customer - increasingly audible and powerful in this digital age - emerges as a critically important driver towards more sustainable business practices in the sector (82%). Increasingly consumers are thinking about the wider implications of their entertainment and travel choices. At the very least they want businesses to be up front with them; to have the relevant information to hand.
The biggest hoteliers are already taking action to improve the environmental efficiency (and so marketability) of their operations. Hilton Worldwide has reduced its water consumption by more than 10% since 2009; the Accor Group is well on the way to reducing its water use by 15% by 2015. Not only are these moves helping to retain the ever-more environmentally conscious customer, but they are also saving the companies money. Hilton's combined energy, carbon, waste and water efficiency savings amount to over USD250m over the past five years.
This success should not be lost on mid-sized businesses. Yes, the multinationals are in the public spotlight and have shareholders who pour over their sustainability report. And yes, their size means they benefit from economies of scale in terms of 'going green'. But take a step back and think about how you rationalise any business decision. Boosting the environmental efficiency of your operations can lower costs and may increase demand. How many other potential investments can match that?
 Statistics drawn from the Grant Thornton International Business Report (IBR), a quarterly survey of 2,500 businesses leaders in 35 economies