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Internal audit
In today's increasingly competitive and regulated market place, organisations - both public and private - must demonstrate that they have adequate controls and safeguards in place. The availability of qualified internal audit resources is a common challenge for many organisations.
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IFRS
At Grant Thornton, our International Financial Reporting Standards (IFRS) advisers can help you navigate the complexity of financial reporting so you can focus your time and effort on running your business.
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Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
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Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
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Looking for permanent staff
Grant Thornton's executive recruitment is the real executive search and headhunting firms in Thailand.
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Looking for interim executives
Interim executives are fixed-term-contract employees. Grant Thornton's specialist Executive Recruitment team can help you meet your interim executive needs
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You may be in another job already but are willing to consider a career move should the right position at the right company become available. Or you may not be working at the moment and would like to hear from us when a relevant job comes up.
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Practice areas
We provide retained recruitment services to multinational, Thai and Japanese organisations that are looking to fill management positions and senior level roles in Thailand.
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Submit your resume
Executive recruitment portal
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Executive recruitment portal
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Available positions
Available positions for executive recruitment portal
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General intelligence assessments
The Applied Reasoning Test (ART) is a general intelligence assessment that enables you to assess the level of verbal, numerical reasoning and problem solving capabilities of job candidates in a reliable and job-related manner.
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Candidate background checks
We provide background checks and employee screening services to help our clients keep their organisation safe and profitable by protecting against the numerous pitfalls caused by unqualified, unethical, dangerous or criminal employees.
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Capital markets
If you’re buying or selling financial securities, you want corporate finance specialists experienced in international capital markets on your side.
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Corporate simplification
Corporate simplification
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Expert witness
Expert witness
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Family office services
Family office services
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Financial models
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Investigations
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Does your company need a health check? Grant Thornton’s expert team can help you get to the heart of your issues to drive sustainable growth.
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Mergers & acquisitions
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Operational advisory
Grant Thornton’s operational advisory specialists can help you realise your full potential for growth.
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Raising finance
Raising finance
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Grant Thornton can help with financial restructuring and turnaround projects, including managing stakeholders and developing platforms for growth.
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Risk management
Risk management
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Transaction advisory
Transaction advisory
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Valuations
Valuations
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Human Capital Consulting
From time to time, companies find themselves looking for temporary accounting resources. Often this is because of staff leaving, pressures at month-end and quarter-end, or specific short-term projects the company is undertaking.
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Strategy & Business Model
Strategy & Business Model
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Process Optimisation & Finance Transformation
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System & Technology
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Digital Transformation
Digital Transformation
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With experts working in more than 130 countries, Grant Thornton can help you navigate complex tax laws across multiple jurisdictions.
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Licensing and incentives application services
Licensing and incentives application services
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If your company operates in more than one country, transfer pricing affects you. Grant Thornton’s experts can help you manage this complex and critical area.
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Global mobility services
Employing foreign people in Australia, or sending Australian people offshore, both add complexity to your tax obligations and benefits – and we can guide you through them.
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Tax compliance and tax due diligence review services
Tax compliance
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Value-Added Tax
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Service Line
グラントソントン・タイランド サービスライン
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Business Process Outsourcing
Companies, large and small, need to focus on core activities. Still, non-core activities are important, and they need to be leaner and more efficient than most companies can make them sustainably. For Grant Thornton, your non-core activities are our core business. Grant Thornton’s experienced outsourcing team helps companies ensure resilience, improve performance, manage costs, and enhance agility in resourcing and skills. Who better to do this than an organisation with 73,000 accountants? At Grant Thornton we recognise that that outsourcing your F&A functions is a strategic decision and an extension of your brand. This means we take your business as seriously as we take our own.
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Technology and Robotics
We provide practical digital transformation solutions anchored in business issues and opportunities. Our approach is not from technology but from business. We are particularly adept at assessing and implementing fast and iterative digital interventions which can drive high value in low complex environments. Using digital solutions, we help clients create new business value, drive efficiencies in existing processes and prepare for strategic events like mergers. We implement solutions to refresh value and create sustainable change. Our solutions help clients drive better and more insightful decisions through analytics, automate processes and make the most of artificial intelligence and machine learning. Wherever possible we will leverage your existing technologies as our interest is in solving your business problems – not in selling you more software and hardware.
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Technical Accounting Solutions
The finance function is an essential part of the organisation and chief financial officer (CFO) being the leader has the responsibility to ensure financial discipline, compliance, and internal controls. As the finance function is critical in every phase of a company’s growth, the CFO role also demands attention in defining business strategy, mitigating risks, and mentoring the leadership. We offer technical accounting services to finance leaders to help them navigate complex financial and regulatory environments, such as financial reporting and accounting standards, managing compliance requirements, and event-based accounting such as dissolutions, mergers and acquisitions.
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Accounting Services
Whether you are a local Thai company or a multinational company with a branch or head office in Thailand you are obliged to keep accounts and arrange for a qualified bookkeeper to keep and prepare accounts in accordance with accounting standards. This can be time consuming and even a little dauting making sure you conform with all the regulatory requirements in Thailand and using Thai language. We offer you complete peace of mind by looking after all your statutory accounting requirements. You will have a single point of contact to work with in our team who will be responsible for your accounts – no matter small or large. We also have one of the largest teams of Xero Certified Advisors in Thailand ensuring your accounts are maintained in a cloud-based system that you have access to too.
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Staff Augmentation
We offer Staff Augmentation services where our staff, under the direction and supervision of the company’s officers, perform accounting and accounting-related work.
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Payroll Services
More and more companies are beginning to realize the benefits of outsourcing their noncore activities, and the first to be outsourced is usually the payroll function. Payroll is easy to carve out from the rest of the business since it is usually independent of the other activities or functions within the Accounting Department. At Grant Thornton employees can gain access to their salary information and statutory filings through a specialised App on their phone. This cuts down dramatically on requests to HR for information by the employees and increases employee satisfaction. We also have an optional leave approval app too if required.
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IBR Optimism of Thailand Mid-Market Leaders Suggests Potential Underestimation of Challenges Ahead: International Business Report, Q1 2024Bangkok, Thailand, April 2024 — The Grant Thornton International Business Report (IBR) for Q1 2024 unveils a strikingly optimistic outlook among Thailand's mid-market business leaders, juxtaposed with the looming challenges that will shape the nation's economic future. With a Business Health Index score of 13.5, Thailand outperforms its ASEAN, Asia-Pacific, and global counterparts, signaling a robust confidence that may overshadow critical issues such as demographic changes, skills shortages, and the necessity for digital advancement.
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Workshop Corporate Strategy and Company Health Check WorkshopThroughout this workshop, we will delve into the life cycle of companies, examining the stages of growth, maturity, and adaptation. Our focus will extend to the current business environment, where your Company stands today, and how our evolving strategy aligns with the ever-changing market dynamics.
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Tax and Legal update 1/2024 Introducing the New “Easy E-Receipt” Tax scheme with up to THB 50,000 in Tax DeductionsThe Revenue Department has introduced the latest tax scheme, the “Easy E-Receipt”, formerly known as “Shop Dee Mee Kuen”. This scheme is designed to offer individuals tax deductions in 2024.
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TAX AND LEGAL Complying with the PDPA – A Balancing ActOrganisations must be aware of the circumstances in which they are allowed to collect data to comply with Thailand’s Personal Data Protection Act.
Too often considered to be a medium-to-low priority, corporate culture affects everything about an organisation – from the way its over-arching goals, to its internal behaviour, to the types of interactions it creates with its customers. Moreover, corporate culture issues are primarily leadership issues, because the way senior management thinks and acts will always affect the mindset at other levels of the organisation.
Leaders as representatives
Executives represent the face of the organisation, both internally and in high-level business meetings with outside associates. Ideally they will be approachable and welcoming, showing good listening skills and the ability to consider other viewpoints. This latter trait also encompasses their behaviour in foreign environments, as it pertains to cultural understanding and sensitivity.
Simple courtesy includes making the effort to learn about foreign languages, cuisines, and cultural norms when travelling overseas for meetings and conferences. Such markers of respect do not go unnoticed by foreign representatives, and can reflect well on the organisation as a whole.
But leaders’ behaviour also sets the tone within an organisation, both directly and indirectly. If they set a standard of promoting efficiency at all costs, then other priorities – such as quality control, team cohesion, and the customer experience – will be at risk of neglect. If they set up a system of top-down control and micromanagement, then real innovation and morale will suffer as a result.
Business leadership adviser Jocko Willink equates top-down control with a fundamental lack of confidence inside an organisation. “If you’re always telling people to follow your orders,” he says, “it means you don’t trust them to make their own decisions.”
The remedy, he says, is to train them well enough so that they know exactly what the organisation hopes to achieve, and can think for themselves about how best to achieve it. Only in this way, with everybody on the same page and fully onboard with the values and goals of the organisation, can employees begin to take initiative, which is the first step toward innovation.
Towards a culture of leadership
Chris Humphrey former director of customer strategy at Disney, tells a story of how this type of initiative works in practice. When a young girl at a Disney theme park threw her favourite doll, it flew over a fence and landed in a construction site, where its clothes were damaged and smeared with mud. But Disney had trained its employees well, and ingrained in them a cultural ideal that was simple to remember: “We create happiness”.
Mr Humphrey explains how a clear communication of company culture allowed the employees to decide what to do next. In his words:
Accompanied by a photographer, the bedraggled doll was taken to a make-up artist who styled her hair, then to the wardrobe department who made a new dress, and finally to a ‘party’ with other Disney princesses. Later that evening Belle was returned to her owner, together with a photo album showing what a great time she’d had during her ‘makeover’. The girl’s mother sent a thank-you note describing the moment of Belle’s return as “pure magic”.
Such outcomes can only occur when everyone in an organisation – particularly those on the ground level – is hired with the company culture in mind, trained to promote its values, supported and rewarded when they express those values, and given the autonomy to make judgment calls in special cases.
Business culture in the digital age
Companies in the modern economy tend to move quickly, and may have more pressing production-centred needs than an organisation like Disney. But the example nevertheless holds: Whatever your desired company culture may be, it must be clearly articulated so that it can be expressed in everything that you do.
Training and workshops can help introduce employees to your company culture, but they are not the only tools for the job. Your organisation’s own social media accounts, normally directed outward at potential and actual customers, can also be repurposed to bring employees together. By encouraging employees to post stories and photos of your brand’s values in action, and then sharing and rewarding those posts when they appear, companies can use positive reinforcement to keep the workforce all on the same page and motivated to stay on track.
In this environment, where teams keep each other on brand, and benefit from finding new ways to promote the company’s values and culture, the quality of their output is very likely to rise. Such an employee-centric workplace also has an excellent effect on team morale, inspiring belief in the company’s direction and leading to better retention rates.
Each of these improvements, however, must begin at the top. Leaders have a powerful effect on the culture within a company – through both instruction and example. As Mr Willink often stresses, “It’s not what you preach, it’s what you tolerate.” By putting a high priority on its corporate values, and insisting on the universal acceptance of those values within the organisation, any company can strengthen its commitment to a positive and unified effort. From customer interactions to employee experience and the company’s own rate of innovation, the benefits of such an approach are dramatic and long-lasting.