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Audit
In our firm we respond to the demands of our customers. We have modern methodologies and audit techniques operating in the best interests of your organization.
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Statutory Audit
Audit services of the firm have been designed to support you to meet the challenges involved in managing risks, resources and information.
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External Audit
The external audit service aims to express an independent opinion regarding the fairness of the financia!statements of the companies or certain business areas in which we use previously agreed procedures.
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Managerial and Result External Audit
Our work consists of the execution of the defined procedures to review the accounting information and issue reports and documents.
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Taxes
We work with our clients during all their processes to achieve an excellent statutory clase year, in order to optimize the taxes payment and ease the tax burden.
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Transfer Pricing
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public.
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Legal Services
Our legal advice involves professional lawyers, specialized in different fields.
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Diagnosis and implementation of Full and SME IFRS
Servicio de Diagnóstico e implementación de NIIF plenas y NIIF para las PYMES.
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Training and updating in IFRS
Services of Training and updating in IFRS
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Calculation of accounting estimates under IFRS
Services of Calculation of accounting estimates under IFRS
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Valuation of financial instruments
Services of Valuation of financial instruments
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Advice on specialized topics
Services of Advice on specialized topics
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IFRS advice for public sector entities
Services of IFRS advice for public sector entities
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Preparation of financial statements and disclosures
Services of Preparation of financial statements and disclosures
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Sarbanes-Oxley Service Audit (SOX)
Only those who have clearly structured numbers and a good view of their business, can identify weaknesses and opportunities early enough to react on time to events in their environment.
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Audit of Organization
In order to help the service organization and its users to establish a reliable and standard process for the service organization's reports, we offer the following services:
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IT Audit
IT Audit Services help the Organization manage risks and controls related to IT implementation and use to achieve business financial, operational, and regulatory objectives.
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Computer Security
Cybersecurity frames a set of tools, policies, security safeguards, guidelines, risk management methods, actions, training and in summary a series of practices that can be used to protect the organization's assets and users in cyber-environment.
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Performance Tests
Our service focuses on determining the speed at which a task is performed under particular working conditions on a specific information or application system.
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Audit Security Social
As part of Social Security policies and strategies in Colombia, pensions and health are fundamental workers' rights, for which specialized support is required to guarantee access to these rights, in a transparent, equitable and the law.
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BCP Services
We are certified by DRI International as Business Continuity Plans Consultant, CBCP and with training and certification as internal auditor in SGS, ISO 2005: 27001..
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SAP Auditing and Computer Security
We have certified experts in security and auditing SAP in R / 3, CRM, BW. Our approach allows us to perform in SAP
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Corporate Risk Management
This regulatory environment seeks to mitigate the risks and uncertainties of the banking industry, also responding to economic pressures and investor expectations.
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Operational Improvement
Process management, within which operational improvement is framed, can be defined as a way of focusing the work, where the continuous improvement of the activities of an organization is sought through the identification, selection, description, documentation and continuous improvement of the processes. Any activity or sequence of activities that are carried out in the different business units, constitutes a process and as such, must be managed.
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Change Management
Change management is the process, through tools and techniques, to manage the transition to a new reality, trying to make the people involved able and willing to work in the new defined context and achieve the expected results.
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Business Intelligence and Analysis
Business intelligence acts as a strategic factor for an organization, generating a potential competitive advantage, which is none other than providing privileged information to respond to business problems.
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Due diligence
Due Diligence is a term, usually used in the field of business acquisitions, to refer to the process of finding information about an organization.
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Valuations
The valuation of a company is not an exact science and can vary depending on the type of business and the reason.
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Financial accounting
Only those who have clearly structured numbers and a good view of their business, can identify weaknesses and opportunities early enough to react on time to events in their environment.
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Tax and legal compliance
The tax authorities constantly keep entrepreneurs and freelancers on alert, with tax issues taking part as a crucial role in almost all business decisions.
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Payroll
Payroll is one of the most challenging responsibilities that a company faces every year. Our service fulfill the client internal policies, understands the corporate strategic planning and focus on the record of the received newness.
Ed Nusbaum discusses the GDI 2013 results
Last week, we released the results of the Grant Thornton Global Dynamism Index (GDI) 2013. This is the second year we have released these results. We are seeing the beginning of trends in the data but there was also some interesting movement up and down the rankings.
The GDI is an annual research project, developed for us by the Economist Intelligence Unit. The model looks at 22 indicators to rank the dynamism of 60 of the world’s largest economies, revealing which offer the best environments for growing businesses. It differs from the World Economic Forum Global Competitiveness Report in that it measures the changes in an economy which are likely to lead to a faster future rate of growth.
In other words, it is a relative rather than an absolute measure. For example, tops the GDI 2013, but the index is not saying that it offers the best environment for growing businesses. Rather that over the past 12 months, Australia’s business growth environment improved more than any other economy analysed. It is an important distinction which helps explain why Venezuela, fuelled by the pre-election spending of Hugo Chavez, ranks above Brazil this year.
Australia is followed by Chile [ 2456 kb ] in this year’s rankings. This speaks to the rapid development of its economy in terms of rules and regulations, political and institutional stability, the ease of doing business and access to finance. That Chile became the first South American country to join the OECD in 2010 is another indication of the progress the economy has made over the past couple of decades.
But the result which really caught my eye was that of China [ 2193 kb ]. It moved up 17 places this year to rank third. By contrast, its BRIC counterparts all fell back to rank between 42 and 48. In the first half of the year, the slowdown in China and the rise of so-called ‘shadow banking’ practices, led some commentators to predict a ‘hard landing’ for the economy. But recent data look more positive and the new leadership’s commitment to financial reform should help as the economy rebalances. China’s GDI result was driven by investment in R&D and IT – further evidence of the measures China is putting in place to increase its attractiveness to growing businesses.
Elsewhere, many European economies fell back due largely to poor economic performance and declining access to finance. The problems in the eurozone are far from over but the region returned to growth in Q2 and the sound economic fundamentals highlighted by the GDI – especially in the Nordic region – suggest long-term business growth prospects remain robust.
The US slipped out of the top ten due to an increase in consumer indebtedness but remains well-placed in eleventh. Canada jumped to fifth on the back of an improvement in the overall financing environment. Middle East and African economies all rank in the bottom half of the index with the UAE best-placed in 35th.
The results are truly fascinating and indicate that the development of a dynamic business growth environment is varied and complex.
I would encourage you to explore the GDI further using our data visualisation tool or to contact our global research team with any questions.
Ed Nusbaum is global CEO at Grant Thornton.