“In today’s age of constantly evolving accounting and regulatory standards, it’s often not economical to hire and retain the in-house expertise required to address every complex transaction. And some companies simply need additional resources in the finance function at certain times of the year. In either case, we give these companies access to the specific expertise they need, when they need it.”
– Trisha LeBlanc, Partner
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.
However, independence rules limit or restrict your auditor’s activities on several fronts—for example, the level of their involvement in applying new standards to your business or providing hands-on support in completing your financial reporting requirements.
This can put your organization in a difficult position. Your internal resources are limited, so you require accounting support in areas that your auditor can’t supply. At the same time, you want to work with skilled accounting advisors without hiring full-time help.
Bridging the advisory gap
Our national team of advisors has deep experience with evolving accounting standards, complex tax rules, financial reporting mandates and both the tax and accounting complexities that can arise during major transactions. This allows us to effectively provide the advisory services you need, with the top-tier experience and knowledge you expect.
- alleviate internal resource constraints so management can focus on running the business
- access accounting advisory services delivered by a highly technically competent team
- enjoy seamless access to and alignment with other transaction support services, such as tax accounting and reporting services, valuation services, internal control services and litigation support services
- leverage global network of Grant Thornton member firms
- gain an in-depth understanding of your external auditor’s expectations around analysis and documentation
- get advice that aligns with auditing best practices
- take advantage of reasonable fees that you only incur on an “as-needed” basis