-
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.
-
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.
-
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.
-
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
-
Looking for permanent staff
Grant Thornton's executive recruitment is the real executive search and headhunting firms in Thailand.
-
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
-
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.
-
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.
-
Submit your resume
Executive recruitment portal
-
Update your resume
Executive recruitment portal
-
Available positions
Available positions for executive recruitment portal
-
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.
-
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.
-
Valuations-migrated
Valuations
-
Capital markets
If you’re buying or selling financial securities, you want corporate finance specialists experienced in international capital markets on your side.
-
Corporate simplification
Corporate simplification
-
Expert witness
Expert witness
-
Family office services
Family office services
-
Financial models
Financial models
-
Forensic Advisory
Investigations
-
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.
-
Mergers & acquisitions
Mergers & acquisitions
-
Operational advisory
Grant Thornton’s operational advisory specialists can help you realise your full potential for growth.
-
Raising finance
Raising finance
-
Restructuring & Reorganisation
Grant Thornton can help with financial restructuring and turnaround projects, including managing stakeholders and developing platforms for growth.
-
Risk management
Risk management
-
Transaction advisory
Transaction advisory
-
Valuations
Valuations
-
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.
-
Strategy & Business Model
Strategy & Business Model
-
Process Optimisation & Finance Transformation
Process Optimisation & Finance Transformation
-
System & Technology
System & Technology
-
Digital Transformation
Digital Transformation
-
International tax
With experts working in more than 130 countries, Grant Thornton can help you navigate complex tax laws across multiple jurisdictions.
-
Licensing and incentives application services
Licensing and incentives application services
-
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.
-
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.
-
Tax compliance and tax due diligence review services
Tax compliance
-
Value-Added Tax
Value-Added Tax
-
Customs and Trade
Customs and Trade
-
Service Line
グラントソントン・タイランド サービスライン
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
Towards the end of last year, I had the opportunity to attend our global conference in Vancouver and was honoured to listen to one of the gurus sharing a great deal of information around unconscious bias and why it’s important to be “bias aware”. It’s not easy, but when the concept is learnt and understood, it allows us to pause and think before we make any judgement or decision.
We all make decisions every day, including your decision to read this article right now. Every time you make a decision, your upbringing, social background, cultural values and life experiences influence your reasoning and your choices. Your experiences are crucial and beneficial for enabling you to make day-to-day decisions that align with your personal goals. When hiring/recruiting someone, however, these tendencies can lead to unconscious bias, which unfairly influences who you hire.
Unconscious bias refers to when you reach a speedy opinion about someone or a situation, without being consciously aware of doing so. Our brains often work by forming biases and utilising knowledge about attitudes, social situations, stereotypes, cultures, emotional reactions and so on. To a certain extent, we are all shaped through our own experiences and exposure to media throughout our lives.
Unconscious bias can significantly affect your judgement surrounding recruitment or when making any hiring decisions. While it is critical to draw upon your own experiences when assessing your candidates, this becomes an issue when you’re influenced by your assumptions, expectations, and preferences.
Even if our minds frame a bias positively, this can still lead to unfair favouring. Reining in your biases makes recruitment challenging, as gut feelings, first impressions and other types of influences count for so much during interviews. But avoiding unconscious bias is vital to avoid unfair or inaccurate judgements, overlooked talent, or in the worst situation, discrimination.
Types of Bias
At that session I attended, I learned about a few common types of biases in the workplace, particularly in recruitment, and I’d like to share some of them with you. By improving your awareness of the various types, you’ll become more aware of your personal biases. You will also strengthen your ability to make better or more informed decisions during the hiring process, ensuring that you acquire the best talent for your business.
Affinity Bias: This occurs when you unconsciously prefer someone you like, or who shares certain qualities with you. It can be called ‘mirroring’, because we all want to be around people who share similar traits to us, including experiences, or speaking the same language. For example: if a candidate went to the same university as you, or shares a similar hobby, you may prefer this candidate over others. Hiring people with similar qualities is easy to justify. For the best culture fit, businesses often want to bring aboard like-minded people – but bear in mind, you’re not looking for best friends at work! Affinity bias can blur your judgement of which candidate is the most sensible for the business. There is a real possibility that you would then hire fewer diverse personalities, which could mean fewer creative views and approaches to work. Moreover, it is unfair to discriminate in such ways. While a candidate may not be like you, they could be just as talented and friendly as those that are similar to you and that you prefer.
Attribution Bias: This type of bias is based purely on assumptions. For example, if you are not sure if the hiring manager will like that person, you may not put them forward as a short-listed candidate. Attribution bias refers to how you perceive your actions and those of others. It stems from our brain’s flawed ability to assess the reason for certain behaviours – particularly those that lead to success and failure. In recruitment, this can sway your view of a candidate’s performance. It can make you focus too hard on their faults, minimise their accomplishments, and potentially disregard a talented candidate.
Confirmation Bias: This idea refers to the way people look for bits of proof that back up their opinions, rather than looking holistically which leads to an unbiased observation. Most people tend to slip into this bias subconsciously because they are looking for a confirmation that their initial assessment of a person is correct. For example: “I knew we shouldn’t have hired her.” We may even act this way in order to back up other unconscious biases, so it is essential to keep this tendency in check. Otherwise, you may unfairly decide not to hire a candidate based on your faulty assessment.
While there may be more types of unconscious biases, being aware of the above is indeed a good start to managing yourself during the hiring process. You will start to notice these biases when you slip into a healthier mindset. However, you still might find it difficult to go against your subconscious values and opinions. Rerouting the way that you perceive and think can be more of a challenge than clearly noticing them. There are several techniques that you may wish to consider following to counter your unconscious biases, and I’d like to share them with you here:
- Take your time when making hiring decisions. Try and look at them objectively, taking a holistic approach and understanding the real requirements for what is best for the business.
- Try and include other people in the interviewing process. Others’ perceptions, views, thoughts, and opinions will help you spot and address preconceptions, which in turn helps reduce bias when hiring.
- Always be honest with yourself. Biases are natural but it is important to control them. Having biases doesn’t mean that you’re a terrible person; we simply have to remind ourselves that we need to be open to change.
Other than what I have mentioned above, there may also be different ways in avoiding this or even eliminating these unconscious biases in the hiring process. One of the important ideas I learned from my colleagues from around the world, and from this particular guru from the conference, is that we educate and reinforce a culture of diversity. Doing so involves mandating that recruiters or hiring managers not consider race, gender, age, or religious beliefs, when evaluating and selecting candidates for any open positions.