-
Why Grant Thornton
Whether you’re growing in one market or many, looking to operate more effectively, managing risk and regulation, or realising stakeholder value, our firms can help.
-
Culture and experience
Grant Thornton’s culture is one of our most valuable assets and has steered us in the right direction for more than 100 years.
-
Global scale and capability
Beyond global scale, we embrace what makes each market unique, local understanding on a global scale.
-
Join our network
In a world that wants more options for high quality services, we differentiate in the market to grow sustainably in today’s rapidly changing environment.
-
Leadership governance and quality
Grant Thornton International Ltd acts as the coordinating entity for member firms in the network with a focus on areas such as strategy, risk, quality monitoring and brand.
-
Africa
24 member firms supporting your business.
-
Americas
31 member firms, covering 44 markets and over 20,000 people.
-
Asia-Pacific
19 member firms with nearly 25,000 people to support you.
-
Europe
53 member firms supporting your business.
-
Middle East
8 member firms supporting your business.
-
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 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
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.
![Scanning the horizon: Mid-market sets sights on global trade growth](/globalassets/1.-member-firms/global/insights/international-campaign/2023/mid-market-sets-sights-on-global-trade-growth-464x422.jpg)
-
IFRS
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
Our global assurance technology platform provides the ability to conduct client acceptance, consultations and all assurance and other attestation engagements.
![IFRS Alerts](/globalassets/1.-member-firms/global/insights/women-in-business/2020/offset_817617-464x422.jpg)
-
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.
-
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
-
Africa tax desk
A differentiating solution adapted to the context of your investments in Africa.
![Outlining challenges of Pillar 2 compliance for multinationals](/globalassets/1.-member-firms/global/insights/pillar-2/shutterstock_335625890_464x422.jpg)
-
Banking Holding banking to account: the real diversity and inclusion pictureWe explore how the banking sector can continue to attract, retain and nurture women to build a more diverse and inclusive future.
-
Sustainability From voluntary to mandatory ESG: How banks can future-proof their operationsAs we move from voluntary ESG initiatives to mandatory legislation, we explore what the banking sector needs to prioritise.
-
IFRS IFRS 9 - Audit of Expected Credit LossesGPPC releases The Auditor’s response to the risks of material misstatement posed by estimates of expected credit losses under IFRS 9
-
growthiQ Steering your company to long-term successHistory has something important to tell us about the difficulties of steering a business to long-term success – through seismic shifts in technology, consumer demands and product development. With that in mind it’s unsurprising that over half the world’s largest companies in the early 1900s had shut their doors by the late 1990s. Some, however, have endured.
-
International Financial Reporting Standards Implementation of IFRS 17 ‘Insurance Contracts’The auditor’s response to the risks of material misstatement arising from estimates made in applying IFRS 17 ‘Insurance Contracts’
-
IFRS Get ready for IFRS 17After twenty years of development the IASB has published IFRS 17 ‘Insurance Contracts’, find out more.
-
Global business pulse - industry analysis Mid-market recovery spreads to more industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Global business pulse - industry analysis A very uneven recovery across industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Global business pulse - Sector analysis Clear patterns of damage from COVID-19 across the industriesThe index results for 12 key sectors of the mid-market reveal just how much or little the various parts of the economy were impacted by COVID-19.
-
Not for profit Mission: possible – putting impact at the heart of charityGlobal charitable continues to decline and charity leaders are increasingly looking at their own unique impact journey.
-
Access to finance Raise finance to invest in changePrepare your business to raise finance to invest in change.
-
Private equity firms Private equity in the mid-market: reshaping strategies for 2021When the global COVID-19 pandemic stormed across the globe in early 2020, the private equity sector was hit hard but deals are coming back to the market.
-
Mid-market businesses Getting ready for private equity investmentOur specialists explore how private equity firms are now working with their portfolios and how the mid-market can benefit from investment.
-
Mid-market businesses Myth-busting private equityNervous about partnering with Private Equity? We explore some of the common myths we come across when speaking to mid-market businesses about PE investment.
-
Public sector Helping build the government of tomorrow, todayLearn about the Grant Thornton US public sector team.
-
Global business pulse - industry analysis Mid-market recovery spreads to more industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Global business pulse - industry analysis A very uneven recovery across industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Global business pulse - Sector analysis Clear patterns of damage from COVID-19 across the industriesThe index results for 12 key sectors of the mid-market reveal just how much or little the various parts of the economy were impacted by COVID-19.
-
Industries European Real Estate PodcastJessica Patel, Tax Partner at Grant Thornton UK speaks with tax partners and directors across the network to share their insights on the real estate market and some of the challenges.
-
Industries European Real Estate PodcastJessica Patel, Tax Partner at Grant Thornton UK speaks with tax partners and directors across the network to share their insights on the real estate market and some of the challenges.
-
Global business pulse - industry analysis Mid-market recovery spreads to more industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Global business pulse - industry analysis A very uneven recovery across industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
-
Global business pulse - industry analysis Mid-market recovery spreads to more industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Global business pulse - industry analysis A very uneven recovery across industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Retail How retail is positioning for successCOVID-19 provided some hard lessons for the retail industry. It is time to turn those into sustainable and well executed growth strategies in 2021.
-
Telecoms Can tech and telecom leverage economic headwindsAs most businesses brace for an economic downturn, tech and telecom could see new prospects. But, to turn the headwinds to your advantage, you need to find your unique opportunities and risks.
-
Technology Mid-market tech companies lead the way on diversity and inclusionWe explore how the mid-market tech sector can continue to build and nurture a culture that’s increasingly more diverse and inclusive for women.
-
Technology Responding to slowing growth: why the tech industry faces a more challenging outlook in 2022We spoke to tech experts about industry trends that could affect companies over the next 12 months and what their short-term strategic priorities should be.
-
Tax Resetting global tax rules after the pandemicBusinesses are seeing rising challenges, and finance heads are dealing with a range of new measures. To say the next 12 months are critical for businesses is an understatement.
-
Telecoms Can tech and telecom leverage economic headwindsAs most businesses brace for an economic downturn, tech and telecom could see new prospects. But, to turn the headwinds to your advantage, you need to find your unique opportunities and risks.
-
TMT TMT industry: Fully charged or on standby?Our research revealed five key trends that resonated with Technology, Media and Telecoms (TMT) industry leaders around the world. We asked a panel of our experts from UK, US, India Ireland and Germany, to give us their reaction to the findings.
-
Cybersecurity One size fits nothingTechnology companies must adopt a new approach to digital risk: those that successfully develop a reputation for digital trust by demonstrating an unwavering commitment to cyber security and data privacy will be able to carve out a competitive advantage.
-
Technology, media & telecommunications Why it’s time for a 5G reality checkFigures suggest the mobile sector is maturing. While data usage continues to soar, mobile revenues are expected to flatten out over the next few years.
-
International business Mid-market businesses lifted by rising tide of optimismOptimism among global mid-market business leaders rose to 67% in the first half of this year and they are markedly more optimistic about their prospects with global optimism having increased by 8%.
-
Global business pulse - industry analysis Mid-market recovery spreads to more industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
-
Hotels COVID-19: Checking in with the hotel industry one year onCOVID-19 provided some hard lessons for the hotel sector. It is time to turn those into sustainable and well executed growth strategies.
-
Global business pulse - industry analysis A very uneven recovery across industriesThe index results for 13 key industries of the mid-market reveals a very uneven recovery from COVID-19
- By topic
-
Women in Business 2024
2024 marks the 20th year of monitoring and measuring the proportion of women occupying senior management roles around the world.
-
COP28: Mid-market firms should seize the opportunity from adaption and innovation
COP28 was the first time there has been a global stocktake on progress against the Paris Agreement.
-
Scanning the horizon: Mid-market sets sights on global trade growth
The latest International Business Report (IBR) data shows that mid-market businesses have high expectations for global trade.
-
Mid-market businesses less optimistic, despite record numbers expecting increased profitability
A closer examination of the data offers some explanation of this apparent contradiction.
-
Women in leadership: a pathway to better performance
What makes the benefits of gender parity compelling is the impact it can have on commercial performance.
-
Women in Business 2024
2024 marks the 20th year of monitoring and measuring the proportion of women occupying senior management roles around the world.
-
Women in business: Regional picture
We saw an increase in the percentage of senior management roles held by women, on a global level, but there are some significant regional and country variations.
-
Pathways to Parity: Leading the way
To push towards parity of senior management roles held by women, who leads within an organisation is vital.
-
Generating real change with a long-term focus
The most successful strategy to achieve parity of women in senior management is one which stands alone, independent of an ESG strategy.
-
People at the heart of great business
Businesses have started to put guidelines and incentives in place, focused on driving employees back to the office.
-
Building a culture that champions diversity
Grant Thornton UAE has grown to have a team comprising more than 50 nationalities and this diverse staff has been key in building the inclusive culture of the firm.
-
Focusing and developing a solid strategy around diversity, equity and inclusion
Grant Thornton Greece is pioneering a growing set of diversity, equity and inclusion (DE&I) initiatives that centre around three strategic pillars.
-
Ten considerations for preparing TCFD climate-related financial disclosures
Insights for organisations preparing to implement the International Sustainability Standards Board (ISSB)’s Standards.
-
COP28: Mid-market firms should seize the opportunity from adaption and innovation
COP28 was the first time there has been a global stocktake on progress against the Paris Agreement.
-
Transition Plan Taskforce publishes its final disclosure framework
As organisations in the private sector make commitments and plans to reach net zero, there's a growing need for stakeholders to be able to assess the credibility of their transition plans.
-
Promoting ESG excellence through tax
ESG considerations have never been more important for an organisation’s long-term success, but how can tax be used to add value to an ESG agenda?
-
International business: Mid-market growth and expansion
The mid-market looks to international business opportunities for growth.
-
Top five constraints to international business in the mid-market
Top five major constraints that are testing the mid-market’s ability to grow their businesses internationally.
-
Brand and international marketing – breaking global barriers
Brand has been identified as a key driver of mid-market success when looking to grow and develop international business.
-
The key to international business: Investing in people
How can recruitment and retention help grow international business?
-
Building resilience in international business
Evolving supply chains and trade patterns amid ongoing global uncertainty.
-
IFRS Alerts
IFRS Alerts covering the latest changes published by the International Accounting Standards Board (IASB).
-
Example Financial Statements
General guidance for preparers of financial statements that supports the commitment to high quality, consistent application of IFRS.
-
Insights into IFRS 2
Insights into IFRS 2 summarises the key areas of the Standard, highlighting aspects that are more difficult to interpret and revisiting the most relevant features that could impact your business.
-
IFRS 3
Mergers and acquisitions are becoming more common as entities aim to achieve their growth objectives. IFRS 3 ‘Business Combinations’ contains the requirements for these transactions.
-
IFRS 8
Our ‘Insights into IFRS 8’ series considers some key implementation issues and includes interpretational guidance in certain problematic areas.
-
IFRS 16
Are you ready for IFRS 16? This series of insights will help you prepare.
-
IAS 36
Insights into IAS 36 provides assistance for preparers of financial statements and help where confusion has been seen in practice.
-
IFRS 17
Explaining the key features of the Standard and providing insights into its application and impact.
-
Pillar 2
Key updates and support for the global implementation of Pillar 2.
-
Global expatriate tax guide
Growing businesses that send their greatest assets – their people – overseas to work can face certain tax burdens, our global guide highlights the common tax rates and issues.
-
International indirect tax guide
Navigating the global VAT, GST and sales tax landscape.
-
Global transfer pricing guide
Helping you easily find everything you need to know about the rules and regulations regarding transfer pricing and Country by Country reporting for every country you do business with.
![insight featured image](/contentassets/f90a7ea8dea9401e91330a901d75087c/shutterstock_643142641_1440x600.jpg)
The main event
Final days at COP28
- Friday at COP was Youth, Children and Skills Day which focused on inclusion and the engagement of a broader set of voices. The first ever ‘Youth Stocktake’ was announced, intended to assess the inclusion of youth, and amplify the voices of those under the age of 35.[i]
- In a similar vein, the Gender-Responsive Just Transitions & Climate Action Partnership was also launched and endorsed by more than 60 countries, aiming to improve the data on gender and climate, and to bring that data into decision making.[ii]
- Nature, Land Use, and Oceans Day saw $186 million of new financing pledged to forests, mangroves, and ocean projects - building on that of the World Climate Action Summit earlier in COP where $2.5 billion was mobilised to protect and restore nature.[iii]
- The COP Food, Agriculture and Water Day closed the two-week thematic program and included key announcements on global water scarcity and food security with the Declaration on Agriculture, Food Systems and Climate Action being endorsed by 152 countries. Now more than $7.1 billion has been mobilised during COP28 for climate action in the food system sector.[iv]
A historic deal
Opposition to the draft text of the final deal, the language of which left actions to combat climate change ‘optional’, pushed final negotiations into overtime. But the negotiations concluded on Wednesday morning with a call to action on fossil fuels for the first time ever. COP28 President Sultan Al Jaber called the deal 'historic'.
- The final deal is backed by almost 200 countries who have agreed to begin reducing the global consumption of fossil fuels.
- Before now, governments have not taken action this decisive on fossil fuels, with the recognition in the agreement that burning fossil fuels drives global warming. The text also recognises the need for 'rapid and sustained' reductions if humanity is to limit global temperature rises to 1.5C above pre-industrial levels.
- The deal doesn’t go as far as calling for the 'phase out' of fossil fuels, which more than 100 nations had originally lobbied for.
- The deal also calls for a tripling of global renewable energy capacity by 2030, along with an acceleration of technologies such as carbon capture and storage.[v]
In the news
Into extra time
Press coverage has focused on the pressure on delegates as they scrambled to get a final deal over the line. Divisions emerged regarding language on fossil fuels, and whether the language in the deal was strong enough to ensure global warming is limited to 1.5 degrees.
- The pleasant venue and smooth running of COP has contributed to a less tense, more constructive mood among delegates, which has helped negotiations along.[vi]
- Nonetheless, there were significant differences in opinion, with an initial draft of the final text including a reference to 'reducing both consumption and production of fossil fuels'. This went too far for some, but not far enough for others.[vii]
Positive progress
The media has also pointed to areas of significant progress, with some analysts arguing that the progress made in bilateral talks could be a model for future COP negotiations.
- An article in the South China Post highlights that China and the US have been in intensive talks. China’s lead negotiator, Xie Zhenhua, has pointed to a US-China deal on ramping-up renewable energy, agreed last month, as a model for COP delegates to follow.[viii]
The final agreement
In the end, the final agreement fell short of committing to “phase out” fossil fuels, but nations did agree for the first time to 'transition away' from them and accelerate action on decarbonisation.
- The language was received positively in many quarters, with the media highlighting that it was the first time that an agreement had explicitly pushed nations to move away from fossil fuels.[ix]
- Others reported concern at the lack of firm details on financing for poorer countries, given that these countries will find it more difficult to adapt their economies to rely less on the consumption of fossil fuels.[x]
Other voices
Commodities traders make pledge against deforestation
Eight commodities trading firms have vowed to stop buying soy from farms that are having a negative impact on South American grasslands, adding to previous pledges to avoid suppliers who clear forests.
- Commodities traders pledge at COP28 to protect South American grasslands.[xi]
US has the resources to clear 1 billion tons of carbon from the air
A new report by the Lawrence Livermore National Laboratory finds that the US has the ability to remove 1 billion tons of carbon from the atmosphere each year by 2050. The report shows that biomass carbon removal and storage technologies account for about 70% of the US’s potential to remove carbon. However, a lack of financing is cited as the limiting factor, the report putting the cost at $130 billion.
- The US could remove 1 Billion Tons of Carbon from the Air – for $130 billion.[xii]
Indigenous women share ideas on contending with climate change
A group of indigenous women from across the globe have been sharing ideas at COP28 on ways their communities have been combating climate change. Examples range from cultivating eucalyptus plants to reduce soil salinity, to deploying float farms and rafts to grow organic agricultural products.
- At COP28, Indigenous women have a message for leaders: Look at what we’re doing. And Listen.[xiii]
i. cop28.com - COP28 hosts first ever Youth Stocktake with YOUNGO - 08.12.23
ii. cop28.com - COP28 launches partnership to support women’s economic empowerment and ensure a gender-responsive just transition at COP28 Gender Equality Day - 04.12.23
iii. cop28.com - United for nature: COP28 mobilizes action to protect and restore forests, mangroves, land and ocean - 10.12.23
iv. cop28.com - COP28’s Food, Agriculture and Water Day secures major commitments to address climate impacts and keep 1.5C within reach - 10.12.23
v. cop28.com [147kb, pdf] - COP28 President Delivers Remarks at Closing Plenary - 13.12.23
vi. washingtonpost.com - Ping-pong, ice pops and the planet's fate: Inside COP28's final hours - 12.12.23
vii. reuters.com - COP28 heads for overtime as draft fossil fuel deal divides nations - 12.12.23
viii. scmp.com - China’s role in spotlight as Cop28 climate talks in Dubai enter final phase - 12.12.23
ix. aljazeera.com - Historic COP28 deal agrees to ‘transition away’ from fossil fuels - 12.12.23
x. ft.com - Countries reach ‘historic’ COP28 deal to transition from fossil fuels - 13.12.23
xi. reuters.com - Commodities traders pledge at COP28 to protect South American grasslands - 09.12.23
xii. bloomberg.com - The US Could Remove 1 Billion Tons of Carbon From the Air — for $130 Billion - 11.12.23
xiii. independent.co.uk - At COP28, Indigenous women have a message for leaders: Look at what we're doing. And listen - 11.12.23