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 & 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.
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.
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 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.
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.
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.
Market-driven expertise in investigation, dispute resolution and digital forensics
Viruses. Phishing. Malware infections. Malpractice by employees. Espionage. Data ransom and theft. Fraud. Cybercrime is now a leading risk to all businesses.
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.
Updates for creditors, limited partners, investors and shareholders.
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?
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.
Business services for changing times
As a business owner, you’re in uncharted territory. New challenges and opportunities demand new thinking about how you engage with people, operate profitably, and prepare for the unexpected. The future belongs to those who can imagine the possibilities and adapt to change. See the whole picture and strategically move forward with our business advisors. We’re focused on helping you thrive.
Every business is affected by change, but not every business is affected in the same way. Our business advisors have the experience and insight to assess your unique situation and understand your goals. Together, we’ll create a path forward that’s based on tested solutions—not guesswork.
In uncertain times, businesses must strengthen their capacity to adapt quickly. We can help your business meet today’s challenges and build agility and resilience for sustainable growth in a fast-changing world.
You may need to recover, restructure, re-engineer or reinvent your business. Whatever your requirements, our team has the experience to put strategy into action efficiently and effectively. You’ll have access to a multi-disciplinary team with experience across a range of services, industries and sectors.
Navigating your business through a changing landscape
Like you, we take pride in building positive, productive and lasting relationships. As a Grant Thornton client, you’ll work with experienced advisors who take time to understand your business. We’re part of your team and dedicated to your success.
Now, more than ever, you should be prepared for disruptive change. Our advisors will work with you to uncover challenges, build resilience and map out your plan for success. At every step, we take care to align strategy and action with your unique needs and goals.
- Business consulting
- Business model re-engineering
- Revenue optimization
- Accessing government incentives
- Global mobility services
- Indirect tax
- International tax planning for global expansion
- Succession and estate planning
- Tax planning and compliance
- Tax reporting and advisory
- Transfer pricing
- US corporate and personal taxes
- Accounting framework conversions (ASPE to IFRS)
- Agreed-upon audit procedures
- Audits for privately held and publicly listed businesses
- Compliance and other attestation engagements
- Compliance with new and amended accounting standards
- Financial Reporting Advisory Services (FRAS)
- Financial statement audits
- Regulatory trust audits
- Service organization reporting
- System Organization Controls (SOC)
Privately held businesses services
- Cloud accounting
- Corporate and personal advisory
- Corporate and personal income tax compliance
- Corporate and personal tax advice/planning
- Family business
- Financial accounting and operational support
- Review and compilation financial statement preparation
Sectors and industries
Our advisors understand the issues and opportunities in your industry and work closely with leadership teams to turn insights into action.
We have extensive experience in:
- Charities and not-for-profits
- Real estate and construction
- Energy and natural resources
- Financial services
- Manufacturing and distribution
- Private equity
- Professional services
- Power and utilities