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Statutory Audit
We conduct an integrated audit, which combines the financial statement audit,independent and objective assurance on financial information, transactionsand processes.
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Limited Review
We offer services relating to reviews of historical financial informationby expressing negative assurance on such historical financial information.
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Agreed Upon Procedures
We engage with organisationsto perform specific procedures and report findings to conform to their needs.
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Financial Reporting Advisory Services (FRAS)
Our team provides timely advice on the impact of accounting changes to assist businesses in the development of an appropriate implementation roadmap.
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Business Consulting
Grant Thornton UAE provides organisations with implementable plans that drive sustainable growth strategies to grow and optimise their business performance.
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Business Risk Services
Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton UAE helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.
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Regulatory Advisory Services
Grant Thornton UAE's extensive understanding of the overarching supervisory framework within the region equips our professionals to support financial institutions comply and abide by the set of regulatory mandates throughout the rapidly evolving ecosystem.
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Financial Advisory
Grant Thornton UAE works with organisations on transactions from start to finish, assisting with strategy, identifying risks, executing deals, and helping to unlock their potential for growth and value creation.
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Restructuring Advisory
Grant Thornton UAE is committed to realising value for shareholders, in a way that recognises and supports the interests of all stakeholders. Our solutions maximise value, provide clarity and direction, and accelerate recovery and transformation for businesses.
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Technology Advisory & Cybersecurity
IT and technology are fundamental to drive the performance of businesses. Through leveraging the power of technology, Grant Thornton UAE helps organisations define and identify growth opportunities to achieve value-driven transformation and innovation.
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Forensics
Fraud and corruption pose a growing challenge worldwide. As the commercial landscape changes, an increasingly regulated environment requires stringent governance and compliance processes. Grant Thornton UAE helps organisations navigate challenges and crisis with a hands-on approach coupled with the use of technology.
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ESG Services
The Environment, Social and Governance (ESG) agenda has gained significant traction over the years, to become one of the key strategic aspects of any business. It is imperative that all organisations, irrespective of industry sector, engage with their stakeholders and prioritise ESG practices to unlock sustainable growth opportunities.
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Business Process Solutions
Our team at Grant Thornton offers comprehensive and cost effective outsourced solutions, enabling stakeholders and business owners to focus on their core business goals.
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Corporate Tax
Our diversified team of corporate tax subject matter experts combines a perfect blend of international experience across several industry sectors, technical expertise, and commercial nuances with a commitment to deliver exceptional value to your business.
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VAT
The VAT team at Grant Thornton is well versed with the VAT Laws applicable across the region and holds valuable experience and professional accreditation in assisting clients across diverse industries to comply with the VAT obligations.
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Transfer Pricing
Grant Thornton UAE assists its clients in providing transfer pricing solutions that are implementable and operational, considering the facts and concerns of its clients.
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International Tax and Tax Due Diligence
Grant Thornton UAE supports multinational groups to optimise their tax structures. We can also assist businesses in analysing existing group transactions and inter-group supplies, as well as advising on potential implications of various taxes to facilitate an efficient Group tax structure.
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Economic Substance Requirements
Economic Substance rules were introduced in the UAE in 2019, requiring UAE businesses that undertake certain ‘Relevant Activities’ to maintain and demonstrate adequate substance.
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Customs and International Trade
The team at Grant Thornton is positioned centrally to assist the businesses with global cross-border tax structuring, planning and compliance needs.
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Excise Tax
We provide Excise Tax related advisory and compliance services to the producer, importer, and the storekeeper of excisable goods
Grant Thornton’s Financial Reporting Advisory Services
Grant Thornton's Advisory Services professionals are forward-thinking individuals who create, protect, and enhance value today to ensure our clients' organisations are well-positioned for future success.
Grant Thornton's Financial Reporting Advisory Services (FRAS) team supports organisations across a wide range of accounting and reporting services, including transaction accounting, analysis and adoption of new International Financial Reporting Standards (IFRS), training on new and complex standards, and other related services that empower organisations to achieve greater transparency and navigate the ever-evolving regulatory landscape.
At Grant Thornton, we combine our technical expertise and industry knowledge, benchmarked against similar companies, to address the challenges faced by organisations, the expectations of their stakeholders, and their regulatory obligations.
Our approach is to first understand our clients and the risks they face, and then to focus our efforts on the areas that matter most.
We believe it's our responsibility to continually inform our clients about accounting, financial, and regulatory developments that may impact their business.
Our FRAS team recognises that accounting changes can be rapid, and it can be difficult to keep up with all the requirements and their potential consequences.
Our team provides timely advice on the impact of these accounting changes to assist businesses in developing appropriate implementation plans.
Some of the external Services we offer to clients:
- Accounting memos on complex accounting standards
- Providing accounting and reporting support on consolidations, including business acquisitions and post-acquisition support
- Common control transactions
- Accounting for financial derivatives and commodities contracts
- Addressing complexities arising from mixed accounting and reporting environments
- Implementation of new accounting standards
- Addressing complexities arising from proposed new accounting standards
- Treatment of accounting standards in accordance with applicable guidance
- Appropriate equity or debt classification
- Review of complex financial models to ensure compliance with IFRSs
- Assisting clients in the preparation of financial statements in accordance with IFRSs
- Trainings and workshops on IFRS
- Technical advice on specific accounting standards under IFRSs and IFRIC
For more information with respect to Financial Reporting Advisory Services, please contact our experts below:
