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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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Looking for permanent or interim job
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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Update your resume
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
Financial models
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Forensic Advisory
Investigations
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Independent business review
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
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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Restructuring & Reorganisation
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
Process Optimisation & Finance Transformation
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System & Technology
System & Technology
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Digital Transformation
Digital Transformation
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International tax
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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Transfer pricing
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
Value-Added Tax
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Customs and Trade
Customs and Trade
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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.
As economies slowly reopen and everyday life begins crystallising into the new normal, questions about the office of the future loom larger than ever.
Even before the COVID-19 pandemic, organisations were beginning to take the bold step of introducing agile working policies. Businesses were moving toward open-plan offices that utilised space efficiently; serviced offices that offer a dynamic working space; and the introduction of hotdesking facilities.
Since modern-style companies began operating, the office has been their heart of operations. Everything takes place in the office: Birthday celebrations, meetings, work, drinks, charity events, romances. Many of us have indeed formed deep bonds with our work colleagues because of the offices we share.
COVID-19 was unexpected, but companies rose to the challenge and quickly adapted their operations. The onset of the pandemic has clearly demonstrated that for many organisations, work from home is possible – and in many cases, more productive.
Tech giants such as Facebook and Google are allowing their staff to work from home until the end of the year. Twitter has gone one step further than its peers, and granted its team members permission to work from home permanently. Barclays boss Jes Staley said that operations for the financial giant are now being run by staff working from “their kitchens”. Natarajan Chandrasekaran, Tata’s chief executive, likewise forecasts that a vast majority of the industrial conglomerate’s staff will continue to work from home post-COVID-19.
Even the Parliament of the United Kingdom – which has convened amidst civil wars, world wars, and financial crises – met via Zoom a few weeks ago, in a first-of-its-kind official virtual gathering.
With the COVID-19 pandemic now shaking the very foundations of the traditional office environment, how should we expect this new world of remote work to be different from what came before?
The drawbacks of working from home
As the nerve centre of most modern organisations, the office functions as a place of work as well as social cohesion. Yet the pandemic has demonstrated how fragile this common workplace environment has become – and how much the average workplace depends on social interaction. Take the office away, and we may see that valuable solidarity, shared culture, and team spirit erode over time.
Leadership may be another casualty of the COVID-19 era. Teams need effective support from their leaders, though it is exceedingly difficult to replicate this effect within a remote working arrangement.
While Zoom, Houseparty, Microsoft Teams, and similar applications have kept those all-important lines of communication open, real camaraderie may be harder to maintain. That loss of social interaction, if inadequately compensated for, could be a mortal blow to companies that rely on their teams to collaborate on innovative ideas.
The mental and physical well-being of employees may also be at stake. Employees used to be able to discuss personal and professional issues with their manager or teammates – but those opportunities may disappear when working from home. Remote working has been known to exacerbate loneliness, isolation, anxiety, stress, pressure, and depression, as finding a satisfying social balance can prove to be difficult.
Practical issues may frequently accompany the mental and social stress of staying at home. As the traditional boundary between work and home life disappears, employees may also have difficulty finding a suitable workspace at home – especially if they share that home with family and pets.
What are the benefits of working from home?
Even before COVID-19 began to spread, professional trends were beginning to shift toward flexible schedules and agile working arrangements. Companies that offered work from home options have often reaped the benefits of having a light and agile workforce. Employees working from home are frequently more productive, and less likely to take sick leave or have unauthorised absences.
Geographic limitations disappear within a remote working system, as companies can begin hiring from anywhere in the world. Now that many more employees are working from home, they are also starting to realise the financial and personal benefits of such an arrangement. Employees save time (no sitting in traffic or changing tube stations) and money (childcare, meals, transport, laundry, after-work social activities, car maintenance, etc).
As long as employers take proactive steps to promote social cohesion and team leadership, the end result of switching to remote work may be an overall improvement in the quality of life, health, and well-being for all concerned.
Is it really the end?
Change was always coming – this was apparent before the onset of COVID-19. As with retail, the traditional office isn’t dying; it’s going through a period of transformation.
Many organisations will come to normalise ‘work from home’ policies for the majority of their staff going forward. We are already seeing the embrace of this concept within many businesses, and expect more companies to follow suit over the coming months.
As technology advances, video conferencing will play a larger role. While face-to-face meetings will continue to be the preferred meeting option for some, most calls and meetings will take place online.
In the short-term, demand for expensive office space is likely to plummet. Serviced offices could potentially see an uptick in business, as long as they can adapt their models to accommodate a more agile format. One possibility could involve supplying ad hoc team areas for home workers to meet on a regular basis, to try and replicate that lost social interaction and close-knit feel.
Most importantly, organisations would do well to remember that their teams are the very foundation of the whole enterprise – and will remain so, regardless of whatever may change. Without that comradeship, social interaction, Friday night drinks, and any other routines that may strengthen internal bonds, the organisation will inevitably drift apart.
Technology can and is opening up the door to alternatives, but leadership must take the initiative of adapting old traditions to new circumstances. The physical office of tomorrow may look different than it did in the past; but its function will always be with us, one way or another.