-
Financial reporting and accounting advisory services
You trust your external auditor to deliver not only a high-quality, independent audit of your financial statements but to provide a range of support, including assessing material risks, evaluating internal controls and raising awareness around new and amended accounting standards.
-
Accounting Standards for Private Enterprises
Get the clear financial picture you need with the accounting standards team at Grant Thornton LLP. Our experts have extensive experience with private enterprises of all sizes in all industries, an in-depth knowledge of today’s accounting standards, and are directly involved in the standard-setting process.
-
International Financial Reporting Standards
Whether you are already using IFRS or considering a transition to this global framework, Grant Thornton LLP’s accounting standards team is here to help.
-
Accounting Standards for Not-for-Profit Organizations
From small, community organizations to large, national charities, you can count on Grant Thornton LLP’s accounting standards team for in-depth knowledge and trusted advice.
-
Public Sector Accounting Standards
Working for a public-sector organization comes with a unique set of requirements for accounting and financial reporting. Grant Thornton LLP’s accounting standards team has the practical, public-sector experience and in-depth knowledge you need.
-
Tax planning and compliance
Whether you are a private or public organization, your goal is to manage the critical aspects of tax compliance, and achieve the most effective results. At Grant Thornton, we focus on delivering relevant advice, and providing an integrated planning approach to help you fulfill compliance obligations.
-
Research and development and government incentives
Are you developing innovative processes or products, undertaking experimentation or solving technological problems? If so, you may qualify to claim SR&ED tax credits. This Canadian federal government initiative is designed to encourage and support innovation in Canada. Our R&D professionals are a highly-trained, diverse team of practitioners that are engineers, scientists and specialized accountants.
-
Indirect tax
Keeping track of changes and developments in GST/HST, Quebec sales tax and other provincial sales taxes across Canada, can be a full-time job. The consequences for failing to adequately manage your organization’s sales tax obligations can be significant - from assessments, to forgone recoveries and cash flow implications, to customer or reputational risk.
-
US corporate tax
The United States has a very complex and regulated tax environment, that may undergo significant changes. Cross-border tax issues could become even more challenging for Canadian businesses looking for growth and prosperity in the biggest economy in the world.
-
Cross-border personal tax
In an increasingly flexible world, moving across the border may be more viable for Canadians and Americans; however, relocating may also have complex tax implications.
-
International tax
While there is great opportunity for businesses looking to expand globally, organizations are under increasing tax scrutiny. Regardless of your company’s size and level of international involvement—whether you’re working abroad, investing, buying and selling, borrowing or manufacturing—doing business beyond Canada’s borders comes with its fair share of tax risks.
-
Transfer pricing
Transfer pricing is a complex area of corporate taxation that is concerned with the intra-group pricing of goods, services, intangibles, and financial instruments. Transfer pricing has become a critical governance issue for companies, tax authorities and policy makers, and represents a principal risk area for multinationals.
-
Succession & estate planning
Like many private business owners today, you’ve spent your career building and running your business successfully. Now you’re faced with deciding on a successor—a successor who may or may not want your direct involvement and share your vision.
-
Tax Reporting & Advisory
The financial and tax reporting obligations of public markets and global tax authorities take significant resources and investment to manage. This requires calculating global tax provision estimates under US GAAP, IFRS, and other frameworks, and reconciling this reporting with tax compliance obligations.
-
Transactions
Our transactions group takes a client-centric, integrated approach, focused on helping you make and implement the best financial strategies. We offer meaningful, actionable and holistic advice to allow you to create value, manage risks and seize opportunities. It’s what we do best: help great organizations like yours grow and thrive.
-
Restructuring
We bring a wide range of services to both individuals and businesses – including shareholders, executives, directors, lenders, creditors and other advisors who are dealing with a corporation experiencing financial challenges.
-
Forensics
Market-driven expertise in investigation, dispute resolution and digital forensics
-
Cybersecurity
Viruses. Phishing. Malware infections. Malpractice by employees. Espionage. Data ransom and theft. Fraud. Cybercrime is now a leading risk to all businesses.
-
Consulting
Running a business is challenging and you need advice you can rely on at anytime you need it. Our team dives deep into your issues, looking holistically at your organization to understand your people, processes, and systems needs at the root of your pain points. The intersection of these three things is critical to develop the solutions you need today.
-
Creditor updates
Updates for creditors, limited partners, investors and shareholders.
-
Governance, risk and compliance
Effective, risk management—including governance and regulatory compliance—can lead to tangible, long-term business improvements. And be a source of significant competitive advantage.
-
Internal audit
Organizations thrive when they are constantly innovating, improving or creating new services and products and envisioning new markets and growth opportunities.
-
Certification – SOX
The corporate governance landscape is challenging at the best of times for public companies and their subsidiaries in Canada, the United States and around the world.
-
Third party assurance
Naturally, clients and stakeholders want reassurance that there are appropriate controls and safeguards over the data and processes being used to service their business. It’s critical.
-
ASPE Sec. 3041 Agriculture Understanding and applying the new ASPE Section 3041 AgricultureThe Canadian Accounting Standards Board (AcSB) has released new guidance on recognizing, measuring and disclosing biological assets and the harvested products of bio assets.
-
Tax alert Agricultural Clean Technology ProgramThe Agricultural Clean Technology Program will provide financial assistance to farmers and agri-businesses to help them reduce greenhouse gas (GHG) emissions.
-
Tax alert ACT Program – Research and Innovation Stream explainedThe ACT Research and Innovation Stream provides financial support to organizations engaged in pre-market innovation.
-
Tax alert ACT Program – Adoption Stream explainedThe ACT Adoption Stream provides non-repayable funding to help farmers and agri-business with the purchase and installation of clean technologies.
-
Builders And Developers
Every real estate project starts with a vision. We help builders and developers solidify that vision, transform it into reality, and create value.
-
Rental Property Owners And Occupiers
In today’s economic climate, it’s more important than ever to have a strong advisory partner on your side.
-
Real Estate Service Providers
Your company plays a key role in the success of landlords, investors and owners, but who is doing the same for you?
-
Mining
There’s no business quite like mining. It’s volatile, risky and complex – but the potential pay-off is huge. You’re not afraid of a challenge: the key is finding the right balance between risk and reward. Whether you’re a junior prospector, a senior producer, or somewhere in between, we’ll work with you to explore, discover and extract value at every stage of the mining process.
-
Oil & gas
The oil and gas industry is facing many complex challenges, beyond the price of oil. These include environmental issues, access to markets, growing competition from alternative energy sources and international markets, and a rapidly changing regulatory landscape, to name but a few.
These Terms and Conditions (these “Terms & Conditions”) set forth the legally binding terms and conditions for the participation in the Grant Thornton Business Boost Powered by Xero Program (the “Program”). By submitting an application for consideration and possible inclusion in the Program, you, as an applicant (“you” or the “Applicant”), are acknowledging, agreeing to and accepting all of the Terms & Conditions herein, and (ii) you are entering into a binding and enforceable legal agreement with Grant Thornton. By submitting your application, you hereby represent and warrant that you are authorized to enter into the Terms & Conditions herein. Please read such Terms & Conditions carefully since, by submitting an application for the Program, you are signifying your acknowledgment, agreement, and acceptance to such Terms & Conditions.
1. Program Administration
The Program is being administered by Grant Thornton LLP (“Grant Thornton”). For clarity, Xero Software (Canada) Ltd. (Xero) is providing a voucher for the Xero Coupon (defined below) under this Program and is not responsible or liable for the Program, other than providing a voucher for the Xero Coupon to Grant Thornton, which Grant Thornton may provide to the Participants, and is not otherwise liable or responsible for the Program.
2. Eligibility
Program is open to Canadian businesses with one hundred (100) employees or less. Owner or founding member must be a woman and a Canadian citizen who has reached the age of majority in their province. The Program is not available to any current or potential clients or businesses that may cause a conflict of interest with an existing or potential client or business, in Grant Thornton’s sole discretion.
The Program not available to residents of Quebec.
3. Program Entry
Eligible business owners may submit an application at between October 6, 12:01am and October 29, 11:59pm. A selection committee consisting of employees, partners, directors or officers from Grant Thornton and other parties selected by Grant Thornton (the “Selection Committee”) will review eligible applications and will select up to 5 (five) applicants (the “Participants”) for inclusion in the Program. Selected Participants will be contacted via email or phone call by November 10, 12:59pm and must provide written consent to these Terms and Conditions, an executed engagement letter, and an executed client consent form which, among other things, authorizes the disclosure and use of the Participants’ likeness by Grant Thornton and any parties providing the Prizes (defined below), which includes without limitation Xero (i.e., the Program Release, referred to below), prior to starting the Program. If a Participant chooses not to participate; chooses not to comply with these Terms and Conditions; or cannot be reached within 5 (five) business days of application close date their application will be forfeited and another Applicant will be chosen. Program participation is non-transferrable in part or in whole.
4. Selecting Participants:
Through an open application process, the Selection Committee will select up to five (5) female-owned small businesses across Canada to participate in the Program (i.e., the Participants). The Selection Committee reserves the right, in its sole discretion, to select the Participants without any liability whatsoever to applicants that are not chosen.
5. The Program
The Program will provide each Participant with:
a) Up to fifteen (15) hours of Cloud accounting advisory services (“Grant Thornton Services”); and
b) A discount coupon for the use of Xero services for twenty-four (24) consecutive months (the “Xero Coupon” and together with the Grant Thornton Services, the “Prizes”).
Participants will be required to provide written consent to the Cloud accounting terms and conditions prior to commencing the Program.
Grant Thornton advisors may recommend that Participants purchase subscription(s) to additional cloud accounting applications as advisable for such Participant’s business. The cost, inclusive of all fees, taxes, and the like, of such additional subscription(s) is the sole responsibility of the Participant and is not included in this Prize. Participants may choose not to purchase subscriptions to the recommended cloud applications at their sole discretion.
The Xero Coupon (100% off Xero’s then-current list price for twenty-four (24) consecutive months) is only available for new Canada-based business edition subscriptions that redeem this offer via the Program. After 24 months, Xero’s then-current list price will apply. Xero reserves the right to change its list price, charges and billings terms at any time, in its sole discretion. The Xero Coupon cannot be redeemed with any existing paid subscriptions or be used in conjunction with third-party or other Xero offers. Prices are in Canadian dollars and exclude applicable taxes (if any). Xero reserves the right to change or cancel this offer at any time in its sole discretion. The Xero Coupon and use of the Xero services are subject to Xero’s terms of use, which must be entered into between the Participants and the applicable Xero entity prior to use of Xero’s services. See Xero’s terms of use for details.
The Prizes have no cash value and no substitutions, and must be accepted as is.
6. Post-Program
Selected Participants may be highlighted before, during and/or after the completion of the Program. This may include, but is not limited to:
a) Featuring each Participant and their story in articles, digital media, and video, and
b) Giving Participants an opportunity to join any party providing a Prize and/or Grant Thornton for future engagements during International Women’s Day in or around March 2022.
7. Program Release
Grant Thornton and the parties providing a Prize for the Program, including without limitation Xero, would like to use the name, address, country of residence and province/territory, photograph, voice, statements, video, image, digital image, recording, or other likeness of each of the Participants and any materials submitted by the Participants to Grant Thornton in connection with the Program (the “Materials”) for any purpose, including but not limited to, in future marketing content, campaigns and outreach. Participants will be required to sign a release, granting Grant Thornton and the parties providing a Prize for the Program, including without limitation Xero, a perpetual, irrevocable, worldwide and royalty-free right to license, use and/or publish (in full or in part) the Materials for any legitimate purpose by or on behalf of Grant Thornton and the parties providing a Prize for the Program, including without limitation Xero.