-
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.
-
Cybersecurity
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.
-
Valuations
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
-
IFRS
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.
-
Transfer pricing
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 policy
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
How would you assess your respective governments’ records on tackling corruption?
VR: Since the new Indian government came to power in 2014, the perception on the ground is that it has taken steps to curb transactional and institutional corruption, but that it still has a long way to go. India is very decentralised through its 30 states; each has significant power and they are not always in tune with what happens in the centre. But from the centre the message has been clear: it’s focused on growth and governance, and implementing e-governance in particular – meaning you don’t have to interact with government officials, where the incidence of corruption is highest.
DM: At the start of 2014, the Brazilian government approved its anti-money-laundering laws. Since then, I think, indictments have quadrupled. The commitment is growing but there is a long way to go, especially because of the acceptance of the corruption culture, which makes things harder to change. But companies are scared. With the introduction of anti-corruption laws we have seen – perhaps for the first time in history – very wealthy people arrested. So I think Brazil is in a much better place than it was previously.
Is there anything the business community can do to demand more transparency?
VR: Many companies have started adopting what’s known as an ‘integrity pact’ that Transparency International devised many years ago. In its simplest form, if you’re a company and you’re dealing with a government agency or state-owned entity, the two parties sign an integrity pact committing to not engage in corrupt practices during the lifetime of the contract. Both parties would agree to an independent monitor to ensure that they comply with the terms of the integrity pact.
DM: Companies in Brazil are now required to invest more in software changes to adapt to internal revenue service information system requirements, which will monitor conversations between clients, vendors and tax compliance authorities. We’ve also seen an increase in staff training on anti-corruption and law compliance. We get invited to about 10 to 15 events a month to talk about compliance and how to build a culture of zero tolerance. I think the business community is trying to raise the bar, or at the very least to have practices that are as good as the rest of the world with regards to tackling corruption.
How would you rate the prospects of your respective countries for improving their Transparency International scores?
VR: I think India has a good chance of improving its score but it requires political will to change the current system, combined with companies committing not to make corrupt payments. But the score itself is just an end result. The aim should be to reduce corruption, improve compliance with laws and regulation, and re-establish faith in institutions like the judiciary and other agencies. Our score will improve if perceptions on the ground improve.
DM: I’ve been analysing the index for the past few years. Despite politicians going to jail for corruption scandals and the passing of strong anti-money laundering and anti-corruption laws, Brazil has stayed in the same place, just two to three positions higher or lower. This suggests other countries are taking action too, so we clearly need to do more.