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Business consulting services
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
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Business process solutions
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
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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.
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Cybersecurity
As organisations become increasingly dependent on digital technology, the opportunities for cyber criminals continue to grow.
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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.
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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.
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Recovery and reorganisation
Workable solutions to maximise your value and deliver sustainable recovery
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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.
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Valuations
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
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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.
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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.
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Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
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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.
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Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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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.
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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.
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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.
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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
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Tax policy
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
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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.
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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.
LONDON: More than six out of 10 mid-market businesses (62%) now believe that sustainability is just as important or more important than financial success according to figures from Grant Thornton’s International Business Report (IBR).
Environmental, social and governance credentials are seen as a competitive advantage for much of the mid-market – reflecting the expectations of their client bases. Among those businesses that are placing a greater emphasis on sustainability, the most common reason is to improve efficiencies and reduce costs (42%) which underscores the real commercial business benefits that they see in this area.
However, a key challenge for many lies in understanding what to prioritise for maximum impact in the move to more sustainable business practices, particularly when limited resources are stretched thin due to the pandemic.
“Mid-market businesses are agile, adaptable, and many like to keep ahead of the curve, so sustainability makes sense to them,” says Trent Gazzaway, global leader services lines and capability at Grant Thornton International Ltd. “However, when it comes to reporting on certain aspects of sustainability such as carbon reduction, diversity and inclusion, their business models and adherence to regulatory requirements, many are finding it a challenge to understand what to prioritise.”
The top three obstacles indicated in the latest IBR data are:
- Busy dealing with issues linked to the pandemic (31%)
- Lack of clarity around new regulations/requirements (31%)
- Concerns about the costs related to taking action (30%)
The benefit of specialist advice can be invaluable when navigating the myriad reporting frameworks for sustainability. While mid-market businesses’ natural ability to adapt will help, there is a clear role for government, regulators, and standard setters to provide support and establish clear pathways to best practice reporting on sustainability matters.
The journey to a more sustainable future for businesses is not just about reporting. While it is fundamental to the sustainability journey, it’s also important for businesses to create a long-term vision, goal and values structure that will help see them through this transition.
“The willingness to take a long-term approach – even in the face of short-term difficulties – is a key pillar of sustainability, and it will serve businesses well in the future”, says Gazzaway.
-ENDS-
Further enquiries, please contact:
Thor Bostelmann
Corporate Communications Manager
Grant Thornton International Ltd
D: +44 (0)20 3890 8422
M: +44 (0)77 1754 0113
E: thor.bostelmann@gti.gt.com
About Grant Thornton International Ltd
Grant Thornton is one of the world's leading organisations of independent assurance, tax and advisory firms. These firms help dynamic organisations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services. Proactive teams, led by approachable partners in these firms, use insights, experience and instinct to solve complex issues for privately owned, publicly listed and public sector clients. Over 58,000 Grant Thornton people, over 130 countries, are focused on making a difference to clients, colleagues and the communities in which we live and work.
Grant Thornton International is a non-practicing, international umbrella entity organised as a private company limited by guarantee incorporated in England and Wales. References to "Grant Thornton" are to the brand under which the Grant Thornton member firms operate and refer to one or more member firms, as the context requires. Grant Thornton International and the member firms are not a worldwide partnership. Services are delivered independently by member firms, which are not responsible for the services or activities of one another. Grant Thornton International does not provide services to clients.
All references to Grant Thornton International in the press release and this “Notes to editor” section are to Grant Thornton International Ltd. Grant Thornton International Ltd is a non-practicing, international umbrella entity organized as a private company limited by guarantee incorporated in England and Wales.