-
Compliance
Assistance in the design, implementation and monitoring of Compliance programs within the framework of local and international regulations (FCPA, Corporate Criminal Responsibility Law), including course delivery.
-
ESG & Sustainability
Projects related to ESG (environmental, social and governance) and Sustainability.
-
Forensic
The services offer includes expert advice in litigation resolution and the development of procedures in legal/digital forensics and cybersecurity.
-
Human Capital solutions
Grant Thornton's Human Capital division has a team of professionals determined to accompany individuals and organizations throughout the relationship between the employee and the organization.
-
Organizational restructuring
Advice on operational restructuring to companies in difficulty, their creditors or other interested parties.
-
Services to the Government and the Public Sector
Financial audit projects and special technical and concurrent reviews of programs of national and subnational governments financed by International Credit Organizations. Special projects for government entities, public and mixed companies.
-
Valuation Services
We provide stock, business, asset, and liability valuations in support of negotiations, account structuring, and tax opportunities.
-
Transaction Advisory Services
The service offer includes financial due Diligence, operations services, business and strategic intelligence, ratings, advice on mergers and acquisitions, capital markets and debt advice.
-
Academy - Empowered by Grant Thornton Argentina & Perú
Academy is an e-learning platform that emerged as a joint initiative of Grant Thornton Argentina and Grant Thornton Perú. It is designed so that everyone can acquire new skills in accounting, auditing, taxes, technology and business through access to multiple courses and certifications.
-
External audit
We offer services of external audit of financial statements; assurance reports, agreed procedures and certifications; due-diligence and take-over of companies.
-
Audit methodology and technology
At Grant Thornton we use a single audit methodology across our global network. We apply it through an integrated set of software tools known as the Voyager suite. Meet it now.
-
Professional standards and training
Our IFRS advisors can help you navigate the complexity of the standards so you can spend your time and effort on your business.
-
Prevention of money laundering and financing of terrorism
At Grant Thornton we provide advice to our clients in the development of an Asset Laundering and Terrorist Financing Prevention strategy that allows them to prevent risks in a comprehensive manner.
-
Tax outsourcing
Taxes have a strong impact on your business decisions. At Grant Thornton we will respond quickly and tailor solutions for our clients.
-
Payroll
Put your payroll in good hands while you take your business beyond. Learn about our services.
-
Accounting, administration and finance services
To achieve the highest business benefits, you need an experienced team by your side. Learn about our services.
-
Start-up companies
Learn about our solutions to help build your business.
-
Financial statements audit
We offer services of external audit of financial statements; assurance reports, agreed procedures and certifications; due-diligence and take-over of companies.
-
FIU Independent External Reviewer - AML/CFT
We participate in the implementation of the requirements of the FIU in leading companies and our services ensure an orderly framework, optimizing the investment.
-
Internal audit
An internal audit helps identify gaps, deficiencies, and potential for inherent risk in all facets of the organization.
-
Legal audit
The monitoring of the legal area is usually a complex and difficult task for organizations, which however cannot be neglected.
-
Creation and acquisition of Financial Entities
We have the knowledge and experience in activities related to the acquisition and creation of financial entities, both locally and internationally.
-
Responsible for regulatory compliance
At Grant Thornton we offer the service of acting as "Responsible for Regulatory Compliance and Internal Control" for companies that requested registration as Settlement and Clearing Agent and Trading Agent.
-
IT Internal Audit
IT has been, and will increasingly be, a key factor for success and operational efficiency in all industries. Innovations such as the cloud and virtualization, and new threats around data security, have reinforced the importance and increased the risks associated with the use of technology for our clients.
-
Global Mobility Services
Sending someone abroad involves liabilities and obligations. We offer interesting solutions to minimize the tax burden for both parties.
-
Direct Tax
We provide clear and practical solutions that meet your specific business needs, in the most tax-efficient way possible.
-
Indirect Tax
Grant Thornton's tax teams take a rigorous approach to help you meeting your tax obligations, whatever challenges you may face along the way.
-
International taxes – Transaction support
We offer our international experience in the field and make available the resources to plan and adequately comply with regulatory frameworks.
-
Services to private clients
Wherever you are in the world, our tax specialists can help you with your interests and investments abroad.
-
Clean energy and technology
Growing demand, development of new ways of energy and need of a sustainable future: we accompany our client in these changes and to be one step ahead.
-
Mining
Our flexible, partner-led teams are dynamic and focused on development. We take time to understand the details of the client’s business and offer unique solutions.
-
Oil and gas
Our Oil & Gas teams have the deep knowledge, wide experience and vision needed to offer our clients practical solutions adapted to their businesses.
-
Banking
Grant Thornton offers meaningful and accurate solutions for operational and transactional issues, litigation and administrative disputes in banking.
-
Private capital
We gather international teams of experts in corporate finance, restructuring and recovery, tax and insurance services to deliver customized solutions from initial investment, through development stages until the end of each project.
-
Fintech
We work to take advantage of all opportunities and manage industry risks, allowing our clients to always be one step beyond their competitors.
-
Asset management
We have specialized teams in more than 140 markets delivering solutions regarding insurance, taxes and advisory to global, international, regional, local asset managers.
-
Insurance
Thanks to our specialized team we offer accurate solutions for operational and transactional matters, litigations and administrative conflicts.
Our response to the European Commission's capital market proposals
The European Commission (EC) recently announced plans to explore creating more integrated and deeper capital markets across its 28 Member States. Targeting a 2019 launch, the Capital Markets Union (CMU) aims to streamline financial markets and allow businesses access to more diverse financing sources, regardless of geographic location within the EU. Grant Thornton recently submitted recommendations to the EC on those efforts we believe can most help mid-sized businesses (MSBs) benefit from the proposal (click here [ 277 kb ] to read the full response).
An action plan to benefit growing businesses
As an organisation focused on helping dynamic companies unlock their potential for growth, Grant Thornton is familiar with the challenges facing growing businesses. With more than 50,000 member firm clients operating across more than 130 markets, Grant Thornton member firms are addressing issues which impact clients’ growth. Access to finance remains one of the core challenges for these companies, regardless of where our firms and their clients do business.
According to recent World Bank data, more than 225,000 mid-sized businesses (MSBs) operate in the European Union, generally employing between 50 and 250 people. Grant Thornton is familiar with the challenges these companies face, challenges which reflect the dual track recovery across Europe. Specifically, we have observed:
- lending conditions in Germany, the UK, and France are still tough but appear less stringent than those facing growing companies in Greece, Spain, and Italy
- larger businesses generally find it easier to access finance than smaller MSBs
- companies operating as part of an established supply chain find it easier to secure capital.
The most striking of these challenges, particularly for growing MSBs who are regularly engaged in exporting goods or services, is that similarly positioned businesses in Germany, France and Sweden are far more likely to obtain capital than their equivalents in Spain, Italy and Greece. In a recent Grant Thornton International Business Report survey, 35% of southern European businesses cited access to finance as a growth constraint, compared to just 22% across the EU as a whole (and just 14% in North America).
This is not primarily due to a higher risk thresholds at the banks, but rather that there is limited lending capital in these markets. In the wider view, the challenge for MSBs is that even when bank capital is readily available, access to the equity capital markets is not a feasible option.
There is limited data on the impact of these MSBs to the European economy[1]; yet we know that MSBs are critical to the health of any economy because they are trading, expanding, hiring, and developing new products. To mobilise substantial funding across Europe in to both the MSBs and SME market requires fresh thinking and a capital market that:
- delivers what finance providers state they need to make informed decisions
- is clearly recognised and understood by those seeking capital
- is structured to allow bundling, securitisation, secondary markets to deliver efficient investment flows.
Delivering information providers need to expand access to finance
CMU represents a critical opportunity to expand access to finance to the MSB market segment. However, the needs of MSBs differ significantly from those of the micro and small businesses although they are frequently pooled together. Conversely, information needs from providers do not currently align with information made available from the MSB segment.
We recommend that the Commission consider a study to assess the specific needs of dynamic MSBs, because these companies will be the primary drivers of Europe's growth.
Further, we recommend that the accountancy profession leverage its unique insight into the mid-sized market and support the provision of an aggregate view of financial and non-financial characteristics of successful mid-sized businesses across Europe, using its combined data and analytics power to support risk and credit insights for this market.
Creating an environment for growth
Grant Thornton UK’s work with the Growth Accelerator business support programme has shown us that high growth companies succeed when they work closely with business advisors and consult with experts to understand and access the best finance options. Success is also more likely when growing businesses access government-backed programmes dedicated to these businesses – however, there is low awareness of these programmes generally, including current programmes in place across Europe. We recommend the Commission consider such programmes as an important part of the execution of any capital markets strategy with small and mid-sized businesses as beneficiaries. Further, we recommend that the Commission focus on awareness building of existing programmes as an immediate priority to help support the growth of these businesses while the CMU is in development.
Simple and consistent tax incentives and tax treatment
Finally, we recommend simple and consistent tax incentives and tax treatments be made available across Europe, as investors will have an important role to play in the success of the CMU.
The Capital Markets Union is a programme with significant potential to benefit small and mid-sized businesses throughout Europe. As the major capital markets continue to improve, it is possible to envision capital again flowing freely to large corporates, with small and mid-sized businesses left without access. We encourage the Commission to hold to its vision for the long term structure and intent of the programme, and deliver a CMU that will support Europe’s growth for the future.
For more information about the consultation, contact your local Grant Thornton office.
To stay up to date on these and other developments affecting your business, follow Grant Thornton International on Twitter and LinkedIn.
[1] Most available analysis merges the impact of micro, small and medium sized businesses; a notable exception is the recently released report “Hidden Impact: The Vital Role of Mid-Market Enterprises” HSBC Bank Plc, March 2015.