Friesen Pankratz & Associates LLP of Abbotsford joins Grant Thornton LLP

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Audit & Assurance
Tax
Advisory
Cloud Accounting
Indigenous Services
Environmental, social, and governance (ESG) and sustainability
Family Business Services

Audit & Assurance

Team up with advisors who look beyond the audit itself to create value for your business and stakeholders.

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

Let us provide you with the insightful and strategic advice needed to navigate the rapidly changing tax landscape.

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 & development, 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.
Global mobility services
In today’s competitive and global marketplace, your employee mobility strategy is a critical factor for success. International opportunities are key to attracting top talent and instilling a global mindset across your organization. Your people truly are your most valuable asset, and as your expatriate workforce continues to grow, a seamless global mobility program is essential to achieving your overall business goals.
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.
US personal tax
Whether your business is only beginning to sell to US customers, or US customers represent the core of your business, anticipating and dealing knowledgeably with the US tax environment is critical to your bottom line. Our full-service US corporate tax group can help in all tax aspects of doing business in the US. Given high US corporate tax rates, don't be surprised by a US tax liability only to find out that there were planning opportunities available to reduce it.
International
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.

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Advisory

Our advisors can help create, transform and protect value for your business in a fast-changing world.

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
Creditor Updates

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Cloud Accounting

Cloud accounting is an innovative new service from Grant Thornton that allows you and your Grant Thornton advisor to collaborate seamlessly.

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Indigenous Services

Legacy is not only about honouring the past—it’s also about looking forward and continuing to build upon those values, traditions, and achievements to create...

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Client stories Strengthening communities through acquisition

01 Mar 2022

This transaction represents the largest investment in the seafood industry by an Indigenous group in Canada. Membertou First Nation, in partnership with six other Atlantic Canadian Mi’kmaq First Nations, had the opportunity to partner with Premium Brands—a North American specialty food manufacturer and distributor—to acquire 50% of Clearwater, a global wild-caught seafood company.

Environmental, social, and governance (ESG) and sustainability

Our team is made up of multi-disciplinary, dedicated advisors that can assist your business with a range of ESG considerations, including strategy development,...

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The ISSB expects to release its first two standards in June 2023 with effective periods beginning Jan. 1, 2024

Family Business Services

Our experienced Family Enterprise Advisors (FEAs) can help establish harmony among all stakeholders in your family business by maintaining a neutral position...

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From the beginning, it’s about trust and results. The right Family Enterprise Advisor (FEA) should provide you with the confidence to make strategic decisions as well as possess a deep empathetic understanding of your family business’ unique challenges. Put simply: they should take a significant weight off your shoulders and get the results you need.

Agriculture
Cannabis
Charities & not-for-profit
Real Estate And Construction
Energy and natural resources
Financial Services
Manufacturing & distribution
Private equity
Professional services
Public companies
Private business
Public sector
Power & Utilities

Agriculture

Farming is a lifestyle and a legacy. It’s the heartbeat of your family and the backbone of our communities. Success grows from hard work, patience and...

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Real Estate And Construction

In the world of real estate and construction, timing is everything. From acquisition to exit—and every point in between—you need high-quality information and...

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?

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Energy and natural resources

It’s not business as usual within the energy and natural resources sectors. Change has become constant and disruptive, in part a result of consolidation and...

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.

Professional services

Professional services firms face a dual challenge: anticipating and managing change not only for your clients, but also for your business. In today’s...

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ABBOTSFORD, BC (Dec. 2, 2019)—Grant Thornton LLP, one of Canada’s leading professional services firms providing accounting, audit, tax and advisory services, is pleased to welcome the team at Friesen Pankratz & Associates LLP (FPA) to the firm.

Serving a wide range of businesses and organizations in the Abbotsford area for more than 40 years, the team at FPA is joining Grant Thornton to further build on a strong foundation of quality, personalized service.

The current team of three partners and 12 team members at FPA will continue to operate from their Abbotsford location under the Grant Thornton banner. In addition to a new name, the union brings timely new services and resources to help clients grow, including tax planning, U.S. tax, indirect tax and succession and estate planning.

“We’re excited to join Grant Thornton because they have a likeminded philosophy on client service,” says John Pankratz, Partner with FPA. “Together we can offer new services and resources to help our clients reach their goals, while providing more opportunities for our people to grow both personally and professionally.”

Grant Thornton looks forward to working with the FPA team and their clients in numerous sectors, including agriculture, manufacturing, professional services, not-for-profit, and real estate and construction.

“In addition to excellence in accounting, tax and business advisory services, the FPA team places a high priority on client service and an organizational culture that’s well aligned with Grant Thornton,” says John Harris, South Coastal BC Managing Partner with Grant Thornton. “We look forward to working together to help dynamic businesses and organizations in Abbotsford thrive today and into the future.”

The office remains at:

201 – 2752 Allwood Street
Abbotsford, BC V2T 3R7
T +1 604 854 3733
F +1 604 854 6433

About Grant Thornton LLP in Canada

Grant Thornton LLP is a leading Canadian accounting and advisory firm providing audit, tax and advisory services to private and public organizations. We help dynamic organizations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services. Grant Thornton LLP is a Canadian member of Grant Thornton International Ltd, whose member and correspondent firms operate in over 100 countries worldwide. A listing of Grant Thornton offices and contact information can be found at: www.GrantThornton.ca.

For further information, please contact:

Lisa Heerensperger
Senior Manager, Regional Marketing
T +1 780 401 8251
E Lisa.Heerensperger@ca.gt.com

Copy text of article

Press Release

Friesen Pankratz & Associates LLP of Abbotsford joins Grant Thornton LLP

02 Dec 2019

ABBOTSFORD, BC (Dec. 2, 2019)—Grant Thornton LLP, one of Canada’s leading professional services firms providing accounting, audit, tax and advisory services, is pleased to welcome the team at Friesen Pankratz & Associates LLP (FPA) to the firm.

The office remains at:

201 – 2752 Allwood Street
Abbotsford, BC V2T 3R7
T +1 604 854 3733
F +1 604 854 6433

About Grant Thornton LLP in Canada

For further information, please contact:

Lisa Heerensperger
Senior Manager, Regional Marketing
T +1 780 401 8251
E Lisa.Heerensperger@ca.gt.com