-
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.
-
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.
-
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.
Mark Oster on the ways that charities can master social media through improving knowledge at every level
How can charities hope to master and benefit from social media unless they understand its full potential and risks? Our new report, ‘Growing communities: How charity leaders govern social media globally to thrive online’ , reports on our interviews with charity CEOs from Australia, Canada, Ireland, New Zealand, the UK and the US. We found that for many nonprofits there is a knowledge gap between executives and staff when it comes to understanding social media. This gap means that decision makers are not always fully aware of how social media can best be leveraged.
Social media is both immediate and interactive. It forces change: people must learn to operate in a new environment under a new set of guidelines. Charities that master the power that social media brings to relationship management will gain the attendant rewards; those who don’t will be left behind.
The interviews we conducted for the ‘Growing communities’ report revealed that education and training are largely provided to a few key team members who are tasked with delivering social media output.
What they learn is valuable, but every level in the organisation could benefit from a systematic approach to social media training. From volunteers to senior management, education at every tier of the structure will mean that social media is being used to fulfil the goals of the charity. For example, reverse mentoring programmes, such as those used at Charity Finance Group in the UK, pair senior and junior staff so that social media knowledge can be passed between levels.
Social media also blurs the distinction between work and personal communication, which can present challenges and risks to the organisation. While general guidelines and training for staff do help in this regard, social media can still end up being used inappropriately. The majority of our interviewees admitted they do not yet have definitive social media policies, and those who do remained wary of the risks of self-moderation without adequate and ongoing training.
Setting guidelines for social media use and providing training on those guidelines must extend beyond the professional staff to include volunteers, as they can be perceived to be representatives of the organisation, even when they are communicating on a personal basis. Similarly, Trustees should also know what the social media policies are.
Charities that embrace social media can be engaged, dynamic and experimental. Nonprofits could learn from LEGO. LEGO Senior management are encouraged to take social media exams following a one day theory and practical training course leading to a special qualification. The course culminates with a status update post on LEGO’s four million-strong Facebook page. “You see the nervousness around the room when they see they need to communicate with customers,” said LEGO’s global director of social media, Lars Silberbauer at a 2013 Marketing conference. “But when they get 500 likes, that’s when they realise what social media’s all about.”
Mark Oster is National Managing Partner, Not for Profit and Higher Education Practices, Grant Thornton US.