2. A truly global organisation
The scale you need to meet your changing needs
40,000people
$4.7bnrevenue in 2014 (USD)
With more than 40,000 people
in over 130 countries, we are a
truly global organisation.
However big your organisation
or however international the
challenges you face, we have
the resources to match.
We have member firms in over
130 countries worldwide.
Between them, they audit more
than 2,500 listed companies
and work with some of the
world’s largest organisations.
We are ranked one of the top
six firms in 88 markets around
the world and we're well
established in all major
business centres and emerging
markets.
over
130countries
3. International business centres
The infrastructure to enable you to draw on our deep global expertise
International business centres (IBCs) fill a unique
role as gateways to worldwide resources.
They provide Grant Thornton member firm clients
with concentrated, specialised services while
operating as a hub for global communications,
strategy and regionally focused business expertise.
IBCs regularly assist clients in the following ways:
Conducting
due diligence
in relation to
third parties
Meeting local
tax and
reporting
requirements
Managing
resources and
resolving
issues
Exploring
overseas
opportunities
Coordinating
multinational
assignments
Advising on
member firm
capabilities
39 IBCs
covering every region.
Providing access to in-country
professionals with a deep
understanding of the local marketplace
4. From one growing business to another
We share your instinct for growth
Year on year growth rate
3,788
4,182
4,519
Revenue (In US$ millions)
Growth
2011 2012 2013
3%
10% 8%
4,729
2014
5%
Grant Thornton is the fastest growing large global
accounting organisation over the last three years. We
understand what it means to be a growing company. Your
challenges are our challenges.
5. Regional presence
and understanding
With presence on every continent, we’re where you need us
Through our 725 office locations in the Americas, Europe, Middle East,
Africa, Commonwealth of Independent States and Asia Pacific, we
bring our knowledge to you.
Our teams offer advice and insight grounded in a deep understanding
of the challenges you face – wherever you do business. Our local
knowledge helps you stay one step ahead.
7. MYANMAR
New firm established in Myanmar
Effective from 30 March 2014
AUSTRALIA
Merger with KPMG Cairns
Effective from 1 March 2014
BANGLADESH
Joint venture between Grant Thornton
Pakistan and Howladar Yunus & Co.
has formed Grant Thornton
Consulting Bangladesh Ltd
Effective from 1 October 2013
TAIWAN
Merger with Hsinchu-based
accounting firm e-Bridge CPAS
Effective from July 2014
Merger with Kuoshing office
of BDO Taiwan
Effective September 2013
JAPAN
Merger with Kasumigaseki
Audit Corporation
Effective from 1 October 2013
VIETNAM
Merger with Nexia ACPA
Effective from July 2014
Asia Pacific
Expanding presence
OF THE
FORBES 100
ARE CLIENTS OF
GRANT THORNTON
MEMBER FIRMS
IN ASIA PACIFIC40%OF THE CHINESE
FORTUNE 500
COMPANIES
ARE SERVED BY
GRANT THORNTON
35%
AFGHANISTAN
New firm established in Afghanistan
Effective from 1 October 2014
9. CYPRUS
Merger with Mouzouris
& Polyviou Ltd
Effective from January 2014
ISLE OF MAN
Merger with the BDO representative firm
Effective from February 2014
SWITZERLAND AND
LIECHTENSTEIN
Merger with Bankrevisions-
und Treuhand AG
Effective from June 2014
Merger with ReviTrust Group
Effective from January 2014
ITALY
Ria Grant Thornton merger
with the audit and assurance
operations Prauditing Srl
Effective from October 2013UK
Acquisition of the financial
services consulting arm of
leading global firm, Navigant
Effective from July 2013
REVENUE GROWTH
IN EUROPE
BETWEEN
2013 AND 2014
6.5%
42%OF THE FTSE 100
ARE NON-AUDIT
CLIENTS
Europe
Expanding presence
OVER
25%
OF THE FORBES
GLOBAL 100
ARE SERVED BY
GRANT THORNTON
MEMBER FIRMS IN
EUROPE
10. Clients in the Middle East include:
• Al Habtoor Group
• Allied Cooperative insurance Co.
• Arab National Bank – Saudi Arabia
• Bahrain Tourism Company
• Bin Dawood Group of Companies
• METKA Overseas
• Rotana Hotel Management Corporation
• SABB Takaful
• Saudi German Hospital
• Trafco
13OFFICES
MEMBER FIRM
PARTNERS
44
10MEMBER
FIRMS
$38m
REVENUE
Middle East
689PEOPLE
15%REVENUE
GROWTH
BETWEEN
2013 AND 2014
11. Clients in Africa include:
• Argent Steel Group (PTY) Ltd
• Choppies Enterprises Ltd
• Ellerine Holdings Ltd
• Hudaco Industries Limited
• Iliad Africa Trading (PTY) Ltd
• Metmar Limited
• Netcare Limited
• Sanyati Holdings Limited
• Seardel Investment Corporation Ltd
37OFFICES
2,000
Over 20%OF
JOHANNESBURG
STOCK
EXCHANGE
WE SERVE
22COUNTRIES
$110m
REVENUE
Africa
2,300
PEOPLE
MEMBER FIRM
PARTNERS
191
12. SOUTH AFRICA
Merger with PKF Cape Town
Effective from March 2014
New office in George
(previously PKF George)
Effective from August 2013
Merger with PKF
Johannesburg
Effective from May 2013
Merger with Fintis and
Rebahale
Effective from March 2013
LIBYA
New firm in Libya
Effective from July 2013
TANZANIA
New member firm in Tanzania
Effective from November
2014
SENEGAL
Merger with Excellence
Consulting
Group (ECG)
Effective from May 2013
NIGERIA
New member firm in Nigeria
Effective from February
2013
ETHIOPIA
New firm in Ethiopia
following merger with
firms in Oman and Yemen
Effective from June 2013
6%REVENUE GROWTH
BETWEEN 2013 AND 2014
5%PERSONNEL GROWTH
BETWEEN 2013 AND 2014
Africa
Expanding presence
13. 17OFFICES
51%REVENUE
GROWTH
BETWEEN
2013 AND 2014
$42m
REVENUE
11COUNTRIES
915PEOPLE
Commonwealth of Independent States (CIS)
Clients in the CIS include:
• General Motors Uzbekistan
• Gazprom Transgaz Belarus
• International Energy Corporation
• Central Bank of Armenia
• Jermuk Group Pepsi Cola Bottlers
• Enguri Hydro Power Plant
• National Bank of Kyrgyz Republic
• NWF Samruk-Kazyna
• UkrAVTO Corporation
MEMBER FIRM
PARTNERS
64
15. BRAZIL
Merger with audit firm,
Directa Auditores
Acquisition of the outsourcing
practice of KPMG in Brazil
Effective from January 2014
CANADA (RCGT)
Raymond Chabot
Grant Thornton, has founded AURAY
Capital, which will operate as a
subsidiary of the firm
Effective from December 2014
PARAGUAY
Merger with Alonso Meza, S.s.
Effective from August 2013
USA
Acquisition of the Oracle Solutions
business unit of MarketSphere LLC
Effective from 1 September 2013
Americas
Expanding presence
TRINIDAD AND TOBAGO
New firm in Trinidad and Tobago
Effective from January 2015
71%of the Forbes
Global 100
are served by
Grant Thornton
member firms
17. Our approach is built on a genuine interest in our clients – their challenges,
growth ambitions and commercial context.
Rather than push ready-made solutions, we ask questions and listen. In this
way, we get closer to the issues and provide sharper, more meaningful
advice for the long-term.
Our clients like the way we work and recommend us to others: our net
promoter score is higher than for all the Big 4.
We discover what’s important to you
and make it important to us
The bottom line:
a deeper
understanding
for more relevant
advice
Strong client satisfaction and loyalty
(Net promoter score)
Source: 2012 study by Millward Brown,
representing approximately 200 responses from 10 countries
18. Our ratio of partners to professional staff is distinctive (1:10 compared to
1:15 among the Big 4). So you receive dedicated attention and straight-
talking intelligence from approachable partners with years of experience.
We have the courage to challenge you to do what’s right, working with you
for your business’s long-term success.
Accessible professionals with real insight
Grant Thornton
Competitors – Big 4
Source: International Accounting Bulletin
1:10
1:15
The bottom line:
ready access to
advisers that
you'll want to spend
time with
Greater partner attention for clients (Partner to ratio of professional staff)
19. Our people use the same tools and methodologies worldwide to give you high
quality service the world over. Wherever you are based, you can be confident
in our consistency and standards.
Our collaborative global organisation means we can deliver the support you
need, irrespective of service lines, industry specialisms and geographies.
Our people work together in teams built around your requirements,
not our structures.
High-quality service depends on high-quality people. In 2013,
more than 20,000 students named Grant Thornton one of
the top 50 most attractive global employers. It means we
can attract the best people to support you.
Collaborating to deliver our best
Delivering the same high quality, no matter where we are in the world
The bottom line:
teams and solutions
built around
your needs not
our structures
GRANT THORNTON AUDITORS USE
A SINGLE APPROACH
18,000
MORE THAN
20. We specialise in the needs of dynamic organisations and we organise
ourselves to that end. We avoid the hierarchy, reduce the layers, shorten
the decision-making chains and enable our people to take command and
resolve issues more quickly and efficiently.
Being agile means we can respond to changing situations quickly and spot
both the challenges and opportunities on the horizon.
Ready to respond when you are
The bottom line:
speed and clarity
when you need
it most
“Grant Thornton is an agile,
fast-moving organisation without the
complex hierarchies of other
established firms. You really feel as
if you’re talking to individuals who
fully understand your business, not
a faceless organisation.”
Tony Ratcliffe, Brady plc
"Grant Thornton is our
‘right source’ option – they
understand our centralised model
and have worked with us to
maximise cost savings and
related efficiencies. They are
innovative, responsive and we
trust them as business partners."
Dan McCarthy, Vice president
financial controller, APAC
and EMEA, Yahoo!
21. American Institute of Certified Public Accountants
European Contact Group
European Group of International Accounting Networks
and Associations
Financial Accounting Standards Board
Fédération des Experts Comptables Européens (FEE)
Global Public Policy Committee
International Accounting Standards Board
International Auditing and Assurance Standards Board
International Ethics Standards Board for Accountants
International Federation of Accountants
International Forum of Independent Audit Regulators
International Integrated Reporting Committee
International Valuation Standards Council
Latin American Coordinating Committee
Public Company Accounting Oversight Board
A reputation for leadership and
technical excellence
We are at the forefront of our industry
Winner
Best managed
international firm
Our brand is recognised the world
over. Our reputation within
the industry is your assurance
of quality and integrity.
Our position on global public policy
groups means that we can see
what’s coming over the horizon
so our people and our clients
are right on top of key industry
developments.
We were named ‘Best managed
international firm’ at the Managing
Partners’ Forum Awards 2014, and
‘Network of the Year 2013’ by the
International Accounting Bulletin.
Grant Thornton is represented in
all major forums around the world
22. What we do
Unlocking our clients potential for growth
Our ambition is to help you achieve yours
Whether it’s growing shareholder value, improving operational efficiency or
building investor confidence, we balance a desire to do what’s best for you in
the future with an instinctive sense of what’s going to help you now.
We’re genuinely interested in your business, your challenges, your growth
ambitions and your commercial context. We get closer to the issue to
provide more meaningful and forward-looking advice.
We bring collaborative teams, not just silo specialists. We work seamlessly
across service lines, industry specialists and geographies to bring our best
team to the table to support your growth agenda.
23. We work with dynamic organisations
every day, addressing the most
important issues they face and
accumulating insights that work for you.
Insight on your key issues
Deep understanding and a fresh perspective
FINANCING
GROWTH
INTERNATIONAL
EXPANSION
RECRUITING
AND RETAINING
TALENT
OPTIMISING
YOUR BUSINESS
OWNERSHIPRISK AND
REGULATION
STRATEGIC
ADVICE
24. Selected Technology clients
Global methodology
More than 18,000 Grant Thornton auditors use a single approach across the globe. This
approach provides our teams with a clear and direct link between identified financial
reporting risks and internal controls that address the risks and audit processes.
Global IFRS resources
Capability in IFRS is a core skill. The full-time global IFRS team is responsible for promoting
high quality, consistent application of IFRS throughout the organisation.
Grant Thornton Audit Review
With our dedicated quality monitoring programme, each member firm is required to submit to
an inspection of its quality control system, referred to as the Grant Thornton Audit Review
(GTAR), at least once every three years.
Assurance
A single global audit approach
US$2
billion
global
assurance
revenues
25. Selected Technology clients
Global leader Ken Sharp
Australia Andrew Archer
Canada LLP Jeremy Jagt
Canada RCGT Mario Venditti
France Vincent Papazian
Germany Hermann Schulze Osthoff
India Nabeel Ahmed
Israel Izhar Kanne
Mexico Luis Burgos
Netherlands Marcel Welsink
South Africa Garron Chaitowitz
Spain Alejandro Martinez
Sweden Daniel Forsgren
UK Mark Cardiff
US Jeff Burgess
We coordinate, cooperate and communicate based on a shared
global strategy. This approach ultimately leads to greater
consistency and better quality for our clients.
The global leader for assurance services works closely with the
global assurance advisory committee, which is composed of heads
of assurance from 14 of our member firms. This group brings the
depth of knowledge, experience and authority required to
effectively develop and implement the assurance strategy around
the world.
The global leader is also supported by assurance functional
leaders who excel in these specific areas; international financial
reporting standards; international auditing standards; audit
technology and audit quality control.
Assurance Advisory Committee (AAC)
A collaborative culture
26. Selected Technology clients
Tax How we can help
Transfer pricing Helping clients to comply with transfer pricing rules, in a cost effective
and efficient way, as legislation continues to develop.
Direct international tax Advising clients on clear and practical tax planning solutions to help
manage tax exposure.
Global mobility services Helping clients proactively address the challenges of differing
regulations so that international relocations meet very specific and
complex tax rules.
Indirect taxes Providing services, at every stage of a business cycle, to clients that
operate across borders making commercial transactions as well as
advising clients looking to seize opportunities in new markets.
Tax can be a problem if you let it be, particularly across international borders. Tax regimes and
compliance regulations change rapidly and corporate activities in one jurisdiction can have a major
impact on tax liabilities in others.
Grant Thornton member firms have tax specialists whose breadth and depth of expertise covers
the whole range of tax services. Over 550 tax partners and more than 6,000 tax professionals in
Grant Thornton member firms worldwide work together to offer detailed, cross-border solutions.
We have the capability and expertise to advise large multinationals, privately held businesses as
well as public interest entities and individuals on a range of services including:
Tax
More than
6,000 tax
professionals
worldwide
27. Selected Technology clients
Our strong cross-border connections have led
to an increased demand from our dynamic
clients for our global capabilities. These rapidly
growing businesses are either operating
internationally or planning for cross-border
expansion. They need to adapt to challenging
market conditions, dealing with complex events,
transactions and restructurings.
Grant Thornton has a highly competitive global
platform for core advisory services, and we are
a genuine alternative to the largest firms. We
provide clients with:
• standard global tools and methodologies
• an integrated cross-line of service delivery
approach
• consistent global pricing
• collaborative global and regional delivery
• deep industry expertise.
Advisory
46%
Advisory How we can help
Business risk services Helping clients to comply with operational regulations, laws and
requirements.
Business consulting services Helping clients improve their operational performance, efficiency and
effectiveness.
Transactions Advising and supporting clients involved in all elements of a transaction,
be it a sale, an acquisition, valuations, the raising of external debt or
private equity or accessing global capital markets.
Recovery and reorganisation Providing services to companies and individuals in financial distress or
to their creditors and stakeholders.
Forensic investigations Helping clients solve problems related to financial losses from litigation,
fraud, insurance and related disputes.
of the Forbes Global
100 are advisory
clients of Grant
Thornton member
firms
28. Outsourcing
12.5%growth in
Outsourcing
revenues between
2013 and 2014
Dynamic organisations need to focus their energies on driving the business forward and
outsourcing could help you achieve this. Transferring certain services to a third party not only
allows you to concentrate on your core business; it can also improve efficiency and cut costs.
With more than 3,500 people working across outsourcing services worldwide, our teams deliver
seamless and coordinated solutions globally. When it comes to outsourcing, we don’t believe in
off-the-shelf solutions. We listen carefully to your business needs and deliver comprehensive,
efficient and confidential services.
Outsourcing How we can help
Bookkeeping and financial
accounting
Supporting clients with bookkeeping, payroll calculation and accountancy and
tax reporting obligations.
Tax compliance Preparation of tax declarations, monitor the assessment procedure, check tax
assessments and inform you about necessary payments.
Payroll We can support you in reducing your administrative costs and ensuring that
security and confidentiality issues are dealt with.
Human resource consulting Outsource the entire company’s HR processes or individual aspects for a
solution that is based on your strategy.
Compilation of financial
statements
Help you fulfil your duty to keep records, guaranteeing that the public and other
stakeholders will be presented with comprehensive and reliable reports.
Business process outsourcing
and consulting
Helping clients decide which processes could be outsourced, improving
efficiency and lowering costs to your business.
29. Global industry specialists
Access to industry experience and insight, wherever you are
With years of experience in your industry, our specialists offer deep insight
built on practical knowledge.
Industry knowledge means we can move fast to help you find the solutions
your need now. And because we're in the know on emerging trends – such as
the impact of new regulation, the evolving supply chain and industry dynamics
- we can anticipate their impact and help you prepare for the future.
Our industry teams offer specialised services for industries including:
Real Estate & Construction, Hospitality & Tourism, Food & Beverage, Mining,
Not for Profit, Public Sector, Financial Services and Technology.
30. New companies are seizing on rapid innovation to
challenge established leaders, who are responding with
new capabilities, new acquisitions and new services and
business models. The prize is growth – and it will go to
those businesses best able to innovate and capitalise
on change.
Our technology specialists work with you to turn these
industry trends to your advantage. Whether you are
expanding in existing or new markets, we offer
pragmatic expertise to unlock your potential.
We offer solutions to key challenges: creating trust in
your technology organisation, scaling operations in line
with your growth, and getting access to substantial and
sustainable funding.
Our knowledge of industry trends and early insight into
emerging intellectual capital and innovative companies
give you the advantage you need to move ahead of
Technology
The architecture revolution
Selected Technology clients
Microsoft
Oracle
Samsung
United Technologies
Yahoo!
Atos
Novell
Avnet
HCL technologies
Actuate
Intercall
largest global
technology companies
are Grant Thornton
clients
5out of the 10
31. As economic optimism slowly returns, the financial
services industry must rethink every aspect of its
business: governance and operations, product and
service suitability, and levels of transparency and
assurance. The trick will be to translate these
challenges into opportunities.
Our team works with you to help your business grow
with these changes. From exploring your strategic
options as a business or shareholder, to complying
with global and local regulations and helping
implement chosen solutions, we deliver the joined-up
support you need.
Our specialist services span regulation, risk
management, transformation, revenue growth and
customer retention, data management and
failure/fraud investigation.
Our advice is pragmatic and commercially focused,
delivering the insight your business needs to grow and
prosper in a constantly changing, constantly
challenging world.
Financial services
Opportunities through disruption
Providing services for:
Asset managers
Commercial,
Central
and Universal
banks
Fund
administrators
Hedge funds
Investment banks
Life, non-life and
reinsurance
brokerage firms
Mutual funds
Private equity
Regulators
REITS
Specialised
finance
Special
purpose
vehicles
Thrifts and
mortgage finance
Venture capital
World bank
largest full-service
investment banks
are served by
Grant Thornton
world's largest
insurers are served
by Grant Thornton
7of the 10
5of the10
32. largest full-service
investment banks
are served by
Grant Thornton
7of the 10
As economic optimism slowly returns, the financial services industry must
rethink every aspect of its business: governance and operations, product and
service suitability, and levels of transparency and assurance. The trick will be
to translate these challenges into opportunities.
Our team works with you to help your business grow with these changes.
From exploring your strategic options as a business or shareholder, to
complying with global and local regulations and helping implement chosen
solutions, we deliver the joined-up support you need.
Our specialist services span regulation, risk management, transformation,
revenue growth and customer retention, data management and failure/fraud
investigation.
Our advice is pragmatic and commercially focused, delivering the insight your
business needs to grow and prosper in a constantly changing, constantly
challenging world.
Financial services
Opportunities through disruption
Providing services for:
world's largest
insurers are served
by Grant Thornton
5of the10
33. Food and beverage
An industry poised for growth
Selected Food and Beverage clients
Danone
Nestlé
Archer Daniels Midland Company
The Edrington Group
Liberty Wines
Bonduelle
Sime Darby Berhad
Iceland Foods
Following years of uncertainty, ambitious businesses
are investing in new products and markets, distribution
channels and improved capacity. At the same time,
they must contend with rising input prices and the
growing regulation of supply-chain traceability and
product-integrity.
Our team works with you to help you capitalise on
these trends: enriching your business planning,
helping improve efficiency, ensuring you meet
regulatory requirements
and supporting your international expansion.
Our services focus on key sector challenges: how to
tap into emerging markets and expand in existing
markets, how to address increasing costs and labour
challenges, and how to manage risks associated with
food regulations.
With our rich knowledge of industry trends and current
issues, we offer you well-rounded, pragmatic solutions
that set a clear course for growth.
world's largest
beverage companies
are Grant Thornton
clients
8out of the 10
34. Mining
The changing landscape
Selected global Mining clients
Glencore Xstrata
BHP Billiton
Rio Tinto
Barrick Gold
JFE
Cliffs Natural
Resources
Rio Alto Mining
Medusa Mining
Avocet
Gujaret NRE
Coking Coal
Ramelius
Resources
Masterdrilling
New Millennium
Iron
Nyrstar NV
Patagonia
Richmond Mines
Cutting costs and preserving capital are the new priorities. But even as
challenges such as rising operational costs and falling commodity prices put
miners to the test, new opportunities are emerging.
We work with you to explore financing options and cost management, and
to identify and unlock the best opportunities for growth.
On the big issues – accessing finance, managing rising costs, addressing skill
shortages and finding a firm footing on shifting regulatory sands – we take
time to understand the detail of your business and develop tailored solutions
that are right for you.
With mining experts in key economies and emerging hotspots, we are
perfectly placed to support you, wherever you are based. Our flexible,
partner-led teams are as dynamic and growth focused as you are.
35. Public sector
Increasing performance and improving accountability
Across the globe, countries are moving towards leaner, more commercial,
locally focused and responsive government and public sectors. At Grant
Thornton, we are perfectly placed to help your organisation deliver this vision
in the longer term.
We work with all types of agencies, including central and state government,
local government, donors which include bilateral and multilateral international
development organisations, autonomous agencies, public sector units and
public-private partnerships.
Grant Thornton professionals can work with you to help you appraise and
deliver solutions more effectively, demonstrate transparency, improve controls
and develop new infrastructure to support your economic development. We
employ four key service areas aligned with our global strategy in support of
donors and public sector entities: operational efficiency, infrastructure,
governance and audit.
Our public sector teams are locally based and have first-hand experience of
specific issues relevant to your organisation. Across our global organisation of
member firms, we can draw on the experience of specialists across the
developed and developing world.
We don’t believe in off-the-shelf solutions and we know that public sector
organisations are unique. Whatever your goals, we will work closely with you
truly understand your organisation, the resources at your disposal and the
environment in which you operate.
Central governments
State governments
Bilateral international
development organisations
Multilateral international
development organisations
Autonomous agencies
Public sector units
Public-private partnerships
Regional development banks
Providing services for:
36. Charities, social housing and education providers are all feeling the squeeze
as government funding and voluntary giving falls. At the same time, the sector
is being asked to deliver more. Not for profit organisations are responding with
energy, using new skills and ideas to open up fresh funding sources and
flourish under pressure.
At Grant Thornton, we work with you to meet the challenge. Across all our
service lines – tax, assurance and advisory – we have specialists in not for
profit. Our proactive teams, led by approachable partners, use their
knowledge of your sector to provide tailored solutions and forward-looking
advice. Our goal is to see you achieve yours.
Grant Thornton people in over 130 countries are focused on making a
difference to the communities they live and work in. Our expertise can make a
difference to the communities you work with, too.
Not for profit
Overcoming pressures to achieve aims
Selected Not for Profit clients
Red Cross (Botswana)
Action for Children
Cancer Research
Doctors Without Borders (MSF)
CARE International
EDUCatt
Together Housing Group
WSPA
37. Real estate and construction
Managing microclimate fluctuations
Selected Real Estate and
Construction clients
Akelius
Bentall Kennedy
Brookfield
DFL
Lend Lease Group
Network Rail Infrastructure
Punj Lloyd
Ravad
Redefine Income Fund
Businesses are still feeling the impact of the global financial crisis. But
pockets of recovery – and new opportunities – are beginning to develop.
We provide the clear, pragmatic advice you need to capitalise on property
trends as they emerge. And we deliver the technical expertise required to
ensure your business is structured, governed and managed for growth.
Our specialist services help you meet the biggest challenges you face in the
quest for growth: financing property acquisitions, creating a profitable
organisation, retaining staff, managing construction fluctuations and
addressing fraud. We flex our services to deliver the solutions you need and
draw on first-hand experience of your industry to inform our advice.
Our commercial perspective and strong track record in this sector make us
the right partner for dynamic, high-growth businesses.
38. Hospitality and tourism
Growth through uncertainty
Selected Hospitality and
Tourism clients
Growth now is as patchy and fragile as the global economic recovery itself.
To capture fleeting opportunities, dynamic businesses need to move with
speed and purpose.
We help you adapt quickly to the changing business environment. Drawing
on our long-standing expertise in this sector, we help you scenario plan,
manage costs, improve flexibility, finance growth and manage investment
around real estate.
Our specialist services – hotel operator selection, feasibility studies and
business plans, franchise advice, and tourism studies and analysis – give
you a clear advantage as you pursue your growth agenda.
Our specialist team combines sector expertise, technical knowledge and
local market understanding to deliver rich and comprehensive support for
your growing business.
Four Season Hotels and Resorts
Accor
Tropicana Entertainment Inc
Minor International
Rainbow Tourism Group
Taj Hotels
Century Casinos
Equatorial Hotel
Gauteng Tourism Authority
Scoot Airlines
Top Deck Travel
39. Energy and cleantech
The energy revolution
Selected Energy and
Cleantech clients
We help you plan for a future that involves a significant shift in the
energy mix. Whether you are a producer, investor or utility, we work
with you to determine your route to growth.
Our team provides rapid access to investment, legislative and tax
advice across borders, taking account of the financial, operational
and social factors that must inform your decision-making.
We also offer specialist expertise in: commercialisation strategy for
renewables, investment and tax planning for energy efficiency
programmes, and corporate finance support for energy investments.
We work with clients of every size, giving us unrivalled insight into the
complexity of the issues the sector presents. Whatever stage of
development your business is at, we can provide the right advice to
take you forward.
Altawest
Department of Energy and
Climate Change (DECC)
First Global Energy
GDF Suez
Green-power International
Hydro Quebec
Israel Water Authority
National Grid
NRG Energy
Övik Energi Aktiebolag
40. Energy and cleantech
The energy revolution
Selected Energy and
Cleantech clients
We help you plan for a future that involves a significant
shift in the energy mix. Whether you are a producer,
investor or utility, we work with you to determine your
route to growth.
Our team provides rapid access to investment, legislative
and tax advice across borders, taking account of the
financial, operational and social factors that must inform
your decision-making.
We also offer specialist expertise in: commercialisation
strategy for renewables, investment and tax planning for
energy efficiency programmes, and corporate finance
support for energy investments.
We work with clients of every size, giving us unrivalled
insight into the complexity of the issues the sector
presents. Whatever stage of development your business
is at, we can provide the right advice to take you forward.
Centrica
E.ON
EDF Electricité de France
PetroChina
RWE
Sinopec
SSE
Statoil
Total
Vattenfall
9of the10
of largest global oil
and gas companies
are served by
Grant Thornton
42. Service delivered: Audit
Atos
Atos SE is an international information technology services
company with revenues in 2012 of €8.6 billion and 76,320
employees in 47 countries. Being the Group’s joint auditors for
twenty years, Grant Thornton provides audit services in 20
countries, which represent 45% of Atos revenues.
The outcome
Grant Thornton has supported the group transformation by
providing a smooth transition in each new location where we
have been appointed and delivering a consistent audit approach
with the highest level of quality standards.
Case studies
Service delivered: Audit
Sinopec
Sinopec is the largest enterprise group in China and number 5 in
the Fortune 500. On 23 May 2013, the holding company under
Sinopec – SINOPEC Engineering (Group) Co. Ltd successfully
sold shares globally, listing on the Hong Kong Stock Exchange.
This IPO raised a total of 13.6 billion HKD. Grant Thornton China
supported the SE Group with a team of specialists from
mainland China and Hong Kong, working closely with leading
experts from other Grant Thornton member firms.
The outcome
The result of the Sinopec Engineering IPO was outstanding,
exceeding the expectation of all parties involved. It gained
subscriptions nearly 30 times over the offer price at 10.50 HKD.
43. Service delivered: Advisory
Yahoo!
Yahoo! is a global technology company best known for its search
engine, web portal and web services. It is NASDAQ listed, with
its head office in the United States and regional shared services
hubs in Ireland supporting Europe, the Middle East and Africa
(EMEA) and in Taiwan supporting the Asia Pacific (APAC)
region.
Grant Thornton Ireland first engaged with Yahoo! EMEA in 2007
to assist with various accounting support projects. Since then,
the team has built a strong business relationship and now works
with a further 12 Grant Thornton member firms in the EMEA
region and also the APAC region. The team provide a central
point of contact for a range of services including statutory
accounts preparation, tax advice and project management; all
delivered at a consistently high standard by local Grant Thornton
teams.
The outcome
Grant Thornton has helped Yahoo! improve efficiency and
realise cost savings. The co-ordinated provision of robust
accounting and reporting support to its EMEA shared services
centre has enabled substantial savings on certain compliance
fees and has delivered other significant benefits from driving
centralised efficiencies.
Case studies
44. Credentials
Client name:
Mott MacDonald Group Ltd
Sector:
Engineering and development consultancy
Annual turnover:
£1.3 billion
Client challenge:
Global growth
Outcome:
Grant Thornton has identified and helped realise
acquisition opportunities for Mott MacDonald Group,
facilitating significant expansion into growth markets.
Grant Thornton services:
Global audit, M&A support, Employer solutions, Transfer
pricing
Geographies served:
Africa, the Americas, Asia Pacific, Europe and the Middle
East
Client name:
Voxx International Corporation
Sector:
Global manufacturer of automobile and domestic
entertainment systems and accessories
Annual turnover:
US$835 million
Client challenge:
Global acquisition
Outcome:
Voxx International has been able to use Grant Thornton’s
global reach in places such as Canada, China, France,
Germany, Hong Kong, Hungary, Mexico and Venezuela.
Grant Thornton services:
Group audit, Statutory audit, International tax advisory
Geographies served:
United States, Canada, France, Germany, Hong Kong,
Hungary, Mexico, Venezuela.
45. Credentials
Client name:
Transpole Logistics Pvt Ltd
Sector:
Global integrated supply chain Management
Annual turnover:
$130 million
Client challenge:
Sustainable global growth
Outcome:
Transpole Logistics Pvt Ltd has continued to enjoy
sustainable growth and is now actively seeking further
funding to facilitate expansion.
Grant Thornton services:
Global audit, New market entry, Employer solutions
Geographies served:
India, Hong Kong, Singapore, China, South Korea,
Malaysia
47. Key contacts
Experience
• Ed is responsible for global leadership and management,
including the implementation and execution of the global strategy.
He leads the global leadership team and also chairs
Grant Thornton's Strategy Committee and is a member of its
Board of Governors.
• Ed was previously CEO of Grant Thornton US, where revenues
tripled revenues to approximately $1.2 billion over nine years.
• Ed is a member of the Governmental Accounting Standards Board
(GASB). He is also a member of the Global CEO Committee,
which consists of the CEOs of the six largest accounting
organisations, and serves on the International Integrated
Reporting Committee (IIRC).
Edward Nusbaum
Global CEO
Grant Thornton International Ltd.
T +44 (0)20 7391 9520
E edward.nusbaum@gti.gt.com
Experience
• As a member of the global leadership board of Grant Thornton
International Ltd., Gernot is responsible for the strategic
development of business development and markets, including the
delivery of services internationally.
• Previously Gernot was a senior partner of SUSAT & Partner OHG
and Warth & Klein Grant Thornton AG as well as managing
partner of Grant Thornton GmbH in Germany.
• Gernot has extensive experience working as an auditor and
business adviser to clients operating in Germany and
internationally. He has worked for large audit clients in the
automotive, construction, textile, services and entertainment
industries.
Gernot Hebestreit
Global leader – business development and markets
Grant Thornton International Ltd.
T +44 (0)20 7391 9538
E gernot.hebestreit@gti.gt.com
Editor's Notes
Exxon Mobil: France Forbes
Eni: Italy Forbes
Atos: France/others Audit
Strabag AG: Germany Audit
Voest-Alpine AG: Austria: Audit
General Motors: Portugal Forbes
GDF SUEZ : France HUB submissions
