Friesen Pankratz & Associates LLP of Abbotsford joins Grant Thornton LLP

back

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

Services Overview

See the whole picture and strategically move forward with the business advisors at Grant Thornton. We’re focused on helping you thrive.

See Overview

Audit & Assurance

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

See Overview

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.

See Overview

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
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.

Related insights:

Tax alert Charitable giving: How changes to AMT may impact your donations

7 min read | 18 Sep 2023

High-income taxpayers that make large donations of qualifying securities, such as public company shares, may not see as much of a tax benefit, under proposed changes to the alternative minimum tax (AMT) rules.

Advisory

A differentiated approach relevant to the unique opportunities and challenges you are faced with today.

See Overview

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.

Related insights:

Advisory How much is your business worth?

3 min read | 30 Aug 2023

Knowledge is power. Understanding the value of your business affects your ability to negotiate a fair price when it comes to selling

Risk

Running an organization is an ongoing exercise in confronting risk, whether strategic, financial, operational, regulatory or technological.

See Overview

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.

Cloud Accounting

By automating standard administrative and accounting work, cloud accounting with Grant Thornton can free up your time to concentrate on more important work...

See Overview

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...

See Overview

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,...

See Overview

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...

See Overview

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...

See Overview

Related insights:

ASPE Sec. 3041 Agriculture Understanding and applying the new ASPE Section 3041 Agriculture

The Canadian Accounting Standards Board (AcSB) has released new guidance on recognizing, measuring and disclosing biological assets and the harvested products of bio assets.

16 Feb 2022
Tax alert Agricultural Clean Technology Program

The Agricultural Clean Technology Program will provide financial assistance to farmers and agri-businesses to help them reduce greenhouse gas (GHG) emissions.

17 Jun 2021
Tax alert ACT Program – Research and Innovation Stream explained

The ACT Research and Innovation Stream provides financial support to organizations engaged in pre-market innovation.

17 Jun 2021
Tax alert ACT Program – Adoption Stream explained

The ACT Adoption Stream provides non-repayable funding to help farmers and agri-business with the purchase and installation of clean technologies.

17 Jun 2021

Cannabis

Whatever your goal, the experts at Grant Thornton are ready to work with you to map out a plan for success. As members of the Global Cannabis Partnership...

See Overview

Charities & not-for-profit

Here’s to the change-makers, the believers and the community-builders. Charities and not-for-profit organizations truly stand apart from the crowd. In today’s...

See Overview

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...

See Overview

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?

Related insights:

Real estate and construction 2023 real estate outlook: A year of cautious optimism

2 min read | 15 Mar 2023

As the Canadian economy confronts conditions not seen in decades, the real estate industry is challenged with an uncertain landscape in 2023.

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...

See Overview

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.

Financial Services

See Overview

Manufacturing & distribution

Canadian manufacturers seeking to grow their businesses must address common issues, including limited access to finance, high raw material costs, inflexible...

See Overview

Private equity

To acquire high-quality assets in today’s unprecedented competitive global market, private equity firms and their portfolio companies must be increasingly...

See Overview

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...

See Overview

Public companies

See Overview

Private business

Your hard work has taken your business where it is today. Having a clear vision, a strong team and a solid plan are all key to your continued success....

See Overview

Public sector

See Overview

Power & Utilities

At Grant Thornton, we have the real-world experience and knowledge that can help you in considering all of your strategic alternatives. Whether it be managing...

See Overview

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