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Privacy and Data Protection
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While business goals and strategies evolve, our services support you wherever you are in your business cycle. The digital economy is simultaneously increasing the magnitude of new business opportunities while increasing the difficulty of getting it right.
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ISO 27001 and ISO 27701
Grant Thornton’s ISO 27001 and ISO 27701 specialists will arrange and oversee the formal audit process.
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SOC 1,2,3
As a service organization there are many ways to provide assurance to your customers and in turn other stakeholders over your control environment. One of the most effective and cost-efficient ways is to issue a Service Organization Control (SOC) Report.
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Incident Response
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Cyber Health Check
Approximately 54% of organizations report that they have experienced at least one cyber-attack during the past year. Grant Thornton’s cyber health check provides you with an objective, jargon-free assessment of your current cyber security, drawing on both qualitative and quantitative elements.
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Dark Web Threat Intelligence
We use a variety of dark and deep web monitoring tools that continuously scans illegal sites to discover any mention of your data, ranging from breached security credentials such as usernames and passwords to leaked confidential documents of your company.
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Digital forensics and electronic discovery
We offer a full suite of digital forensics and data acquisition services in investigations related to cybercrime, disputes, fraud and regulatory investigations.
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Insolvency
If you're facing a time of personal or corporate financial crisis you need advice from someone who listens, who understands your specific issues and deals with them in a supportive and sensitive manner.
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Crisis stabilisation and turnaround
In periods of financial distress, management teams often face considerable challenges, with many directors having little or no experience of similar conditions.
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Operational and financial restructuring
Companies challenged by underperformance often need support in identifying options for financial or operational restructuring. Tapping this type of advice helps them create a stable platform for business turnaround.
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Accelerated M & A
Even fundamentally sound businesses run into difficulties. Cash flow can come under pressure from the loss of a big client, or a dip in performance can threaten a breach of banking covenants if there is insufficient headroom.
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Indirect Tax
Our experienced VAT specialists are available to assist companies and entrepreneurs of all industries and sizes in meeting their obligations.
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Direct Tax
We can help you ensure a bespoke balance between tax compliance and effective tax planning for your special circumstances.
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Ημερίδα Γνωριμίας με την Grant Thornton Κύπρου
Σας προσκαλούμε σε μια μοναδική ευκαιρία να γνωρίσετε την Grant Thornton Κύπρου! Την Τρίτη, 5 Νοεμβρίου 2024, θα έχετε τη δυνατότητα να συναντήσετε την ομάδα μας, να ενημερωθείτε για επαγγελματικές ευκαιρίες και να εξερευνήσετε πιστοποιήσεις όπως ACCA.
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We are a values-driven organisation and we have more than 56,000 people in over 140 countries who are passionately committed to these values.
The world is changing. The financial crisis emphasised the extent to which financial systems are connected globally. This interconnectedness not only brings greater prosperity, but also greater concentrations of systemic risk.
As the crisis led to a lack of public trust, it is not surprising that audit is expected to be a major part of the solution. In practice, to achieve this, audit and auditors need to change in order to respond to the challenges of this interconnected world and greater public expectations.
With changes occurring in the audit environment; the requirements of what audit brings; as well as in the auditors themselves, what does this mean for the future of Audit?
The future of audit was discussed at a series of jointly hosted (Grant Thornton and ACCA) roundtables in China, the EU, Singapore, South Africa, the UAE, the UK and Ukraine. These locations having been chosen to cover a range of business environments with differing characteristics.
“We heard views from investors, companies, regulators and banks. While audit remains valued the world over, there was a striking message. Jurisdictions with a long history of audit said the future was in assurance on a broad range of data; which contrasted with those with a shorter audit history who want a stable body of rules to enable them to maximise benefits. The implication for global rule makers being that one pace of development will not suit all.”
Nick Jeffrey - Director - public policy, Grant Thornton
From strong audit traditions to the digital age, the results of those discussions, some of which might be surprising, are detailed in this report.
To discuss any of the areas and implications raised in this report talk to your local Grant Thornton firm or contact Nick Jeffrey, Director, Public Policy at Grant Thornton International.
Continuing the conversation
This report is now prompting all sorts of interest with different stakeholders that have a common interest in building more robust and efficient markets that are fit for the future. A summary of where the report was recently discussed and the outcomes from these conversations can be found here: Fit for the future: Robust and efficient markets.
Below, at the Accountant and International Accounting Bulletin 2016 conference, Sue Almond, head of audit and assurance at Grant Thornton UK, looks at how audit can become more relevant and some of the broad challenges faced by the audit profession.