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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.
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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.
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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.
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Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
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We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
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Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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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.
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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.
Joy Burnford is the founder and director of My Confidence Matters, an organisation aimed at inspiring business women to become confident leaders. She shares her pioneering research into boosting women’s self-assurance at work.
In many ways, women in the workforce have come a long way. There’s increasing commitment to gender diversity, more efforts to get women on boards and gender pay reporting is gaining ground. However, as Grant Thornton’s research has revealed, little has changed in the last 10 years when it comes to the actual numbers of women in senior roles.
Why is this? And what changes can organisations make to encourage and support their women to move up the career ladder? If we want a more inclusive and diverse workplace, where all genders thrive and are valued, something has to change.
We believe that creating a ‘culture of confidence’ where confidence is talked about openly is essential. We often see a stigma attached to admitting a lack of confidence.
In 2017 My Confidence Matters carried out a survey of over 300 businesswomen and asked them about their confidence in the workplace. Some 73% of respondents admitted they lacked confidence on a regular basis and when asked what made them nervous at work, 43% said asking for a pay rise, while 40% cited presenting in front of an audience. Networking was not far behind at 34%.
It was also interesting to note that 62% of the women surveyed said that they felt less confident after they returned after a career break. With many women taking time off to have children, how can we rebuild their confidence when they return to ensure they progress up the career ladder as quickly as they should?
Here are three simple ways that you can create a culture of confidence:
1. Have the ‘confidence’ conversation
We need to encourage conversation and dialogue around confidence – don’t just assume that women in your organisation have confidence in their own abilities. This can be during performance reviews or as part of your day-to-day interactions. Perhaps find out what areas they feel most confident in and work out where you can support them to develop areas where they lack confidence.
2. Provide gender-based training and coaching
Women and men both have a need for building up confidence, but the challenges they face are typically very different. For this reason, we recommend that organisations run gender-based training rather than a one size fits all training. We asked the women in our research what they would find useful in terms of building up their confidence: 48% said that one-to-one coaching would help them, and 57% wanted to be part of a community.
3. Create a process for public speaking preparation
If you have women in your team who lack confidence in public speaking, put in place a process and timetable to follow.
- Push: What are you doing to gently challenge your women so that they feel supported yet stretched?
- Plan: What are the objectives of the presentation? What objections might they encounter? High-level advance planning can help to calm nerves.
- Prepare: As the old adage goes, ‘Fail to prepare, prepare to fail’. Everyone prepares differently, but the key is to allocate time to this part of the process.
- Practise: It is important to practise and allow time for this. Recording and playing back presentations can be a useful tool, as can asking for feedback.
- Perform: Nerves are natural and should be welcomed. Fear and excitement are the same emotion and can be embraced in a positive way. Encourage a smile and be there to support where you can.
Start the conversation today and empower your female leaders of tomorrow.
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