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Business valuations
We offer expert valuation advice in transactions, regulatory and administrative matters, and matters subject to dispute – valuing businesses, shares and intangible assets in a wide range of industries.
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Capital markets
You need corporate finance specialists experienced in international capital markets on your side if you’re buying or selling financial securities.
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Complex and international services
Our experience of multi-jurisdictional insolvencies coupled with our international reputation allows us to deliver the best possible outcome for all stakeholders.
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Corporate insolvency
Our corporate investigation and recovery teams can help you manage insolvency situations and facilitate the best outcome.
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Debt advisory
An optimal funding structure for your organisation presents unprecedented opportunities, but achieving this can be difficult without a trusted advisor.
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Expert witness
Our expert witnesses analyse, interpret, summarise and present complex financial and business-related issues which are understandable and properly supported.
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Financial models
A sound financial model will help you understand the impact of your decisions before you make them. Talk to us about our user-friendly models.
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Forensic and investigation services
We provide investigative accounting and litigation support services for commercial, matrimonial, criminal, business valuation and insurance disputes.
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Independent business review
Is your business viable? Will it remain viable in the future? A thorough independent business review can help your organisation answer these fundamental questions.
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IT forensics
Effective ESI analysis is integral to the success of your business. Our IT forensics experts have the technical expertise to identify, preserve and interrogate electronic data.
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Mergers and acquisitions
Grant Thornton provides strategic and execution support for mergers, acquisitions, sales and fundraising.
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Raising finance
Raising finance - funders value partners who can deliver a robust financial model, a sound business strategy and rigorous planning. We can guide you through the challenges that these transactions can pose and help you build a foundation for long term success once the deal is done.
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Relationship property services
Grant Thornton offers high quality independent advice on the many financial issues associated with relationship property from considering an individual financial issue to all aspects of a complex settlement.
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Restructuring and turnaround
Grant Thornton’s restructuring and turnaround service capabilities include cash flow, liquidity management and forecasting; crisis and interim management; financial advisory services to companies and parties in transition and distress
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Transaction advisory
Our depth of market knowledge will steer you through the transaction process. Grant Thornton’s dynamic teams offer range of financial, commercial and operational expertise.
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Corporate tax
Grant Thornton can identify tax issues, risks and opportunities in your organisation and implement strategies to improve your bottom line.
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Employment tax
Grant Thornton’s advisers can help you with PAYE (payroll tax), Kiwisaver, fringe benefits tax (FBT), student loans, global mobility services, international tax
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Global mobility services
Our team can help expatriates and their employers deal with tax and employment matters both in New Zealand and overseas. With the correct planning advice, employee allowances and benefits may be structured to avoid double taxation and achieve tax savings.
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GST
GST has the potential to become a minefield and can be expensive when it goes wrong. Our technical knowledge can help you minimise the negative impact of GST
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International tax
International tax rules are undergoing their biggest change in a generation. Tax authorities around the world are increasingly vigilant, especially when it comes to global operations.
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Research and Development
R&D tax incentives are often underused and misunderstood – is your business maximising opportunities for making claims?
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Tax compliance
Our advisers help clients manage the critical issue of compliance across accountancy regulations, corporation law and tax. We also offer business and wealth advisory services, which means we can provide a seamless and tax-effective offering to our clients.
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Transfer pricing
Tax authorities are demanding transparency in international arrangements. We businesses comply with regulations and use transfer pricing as a strategic planning tool.
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Audit methodology
Our five step audit methodology offers a high quality service wherever you are in the world and includes planning, risk assessment, testing internal controls, substantive testing, and concluding and reporting
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Audit technology
We apply our audit methodology with an integrated set of software tools known as the Voyager suite. Our technology has been developed to produce quality audits that are effective and efficient.
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Financial reporting advisory
Our financial reporting advisers have the expertise to help you deal with the constantly evolving regulatory environment.
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Business architecture
Our business architects help businesses with disruptive conditions, business expansion and competitive challenges; the deployment of your strategy is critical to success.
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Cloud services
Our team is led by cloud business experts who tailor services to the needs of your organisation, from strategy and implementation to ongoing services assurance.
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Internal audit
Our internal audits deliver independent assurance over key controls within your riskiest processes, proving what works and what doesn’t and recommending improvements.
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IT advisory
Our hands on product experience, extensive functional knowledge and industry insights help clients solve complex IT and technology issues
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IT privacy and security
IT privacy and security should support your business strategy. Our pragmatic approach focuses on reducing cyber security risks specific to your organisation
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Organisational & cultural change
The key to sustainable and future growth is a unified organisation operating within a strong cultural context, where transparency and communication are the priority for Kaimahi, and where visible leadership means walking the talk – but where does that journey begin?
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Payroll assurance
Our specialist payroll assurance team can conduct a review of your payroll system configuration and processes, and then help you and your team to implement any necessary recalculations.
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PCI DSS
Our information security specialists are approved Qualified Security Assessors (QSAs) that have been qualified by the PCI Security Standards Council to independently assess merchants and service providers.
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Process improvement
As your organisation grows in size and complexity, processes that were once enabling often become cumbersome and inefficient. To maintain growth, your business must remain flexible, agile and profitable
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Procurement/supply chain
Procurement and supply chain inputs will often dominate your balance sheet and constantly evolve for organisations to remain competitive and meet changing customer requirements
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Project assurance
Major programmes and projects expose you to significant financial and reputational risk throughout their life cycle. Don’t let these risks become a reality.
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Risk management
We understand that growing companies need to establish robust internal controls, and use information technology to effectively mitigate risk.
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Robotic process automation (RPA)
RPA is emerging as the most sophisticated form of automation used to help businesses become more agile and remain competitive in the face of today’s ongoing digital disruption.
NZ business comfortable with outsourcing compared with overseas
While many overseas companies are hesitant to outsource work, the majority of New Zealand businesses are happy to embrace the concept, according to new research from the Grant Thornton International Business Report (IBR).
Even though overseas businesses are aware of the cost savings and process efficiencies outsourcing business processes can provide, many are worried about losing control of a key process.
Paul Kane, Partner, Privately Held Business at Grant Thornton New Zealand, said that while the IBR survey suggests that 60% of businesses around the world don’t outsource or have any immediate plans to outsource a business process, many New Zealand businesses feel differently.
“In New Zealand, over half of our businesses (52%) either outsource or plan to outsource work, ranking us 9th out of the 45 economies surveyed.
“A key ingredient in this figure is the size of our businesses. We are predominantly a country of small to medium sized businesses and for many it’s just too expensive or totally impractical to try and carry out all business activities inside the company.
“While this does give away an element of control, and there is a section of New Zealand business that is reluctant to outsource for this very reason, it does mean that businesses can tap into expertise on an ‘as needs’ basis. It means you can get top quality advice which is not a fixed overhead,” he said.
“We may just see this as logical, but the same can’t be said for the rest of the world. Overseas there is a popular misconception that outsourcing a process means a business loses control, whereas in fact, outsourcing can actually help senior leaders at dynamic companies take a step back and gain a clearer picture of how the business is performing against its strategy.
“Outsourcing can both improve efficiencies, as well as reduce cost and we have noticed that in the last six months there has been quite a shift to outsourcing amongst middle-sized companies in New Zealand where they have taken out the in-house accounting section and replaced it with external managers under our control.
“It can result in us putting in our staff, or mean that we employ and control their staff. The onus is then on us to control and perform in an area that we understand. There are some businesses who do not understand what their accounting section is both meant to do and actually capable of doing,” he said.
Of the New Zealand businesses surveyed:
- 77% outsource IT
- 73% outsource tax
- 62% outsource accounting
- 35% outsource financial services
- 35% outsource HR
Kane said that one aspect of the report that was interesting was the reluctance of overseas firms to have their business processes carried out in another country.
“Unfortunately we have no data on how New Zealand firms feel on having the likes of their accounting work carried out in specific places, such as India.
“My gut feeling is that we would be far more open about this than other overseas companies. There are accounting firms in New Zealand and the United States’ where much of the accounting work is actually carried out in India,” he said.
Further enquiries, please contact:
Paul Kane
Grant Thornton New Zealand Partner, Privately Held Business
D +64 9 308 2576
T +64 9 308 2570
E paul.kane@nz.gt.com