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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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Virtual asset advisory
Helping you navigate the world of virtual currencies and decentralised financial systems.
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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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Tax governance
Mitigate tax risks and implement best practice governance that will stand up to IRD scrutiny and audits.
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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
Leverage the cloud to keep your data safe, operate more efficiently, reduce costs and create a better experience for your employees and clients.
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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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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.
New education roles - enough to inspire pupils and raise achievement?
Time and time again, we hear productive people at the top of their game talk about the impact great teachers and a strong education have had on their success. In this year’s State of the Nation address, John Key said the education he received opened up the world to him. He then went on to announce four new leadership roles for the education sector: Executive Principals, Change Principals, Expert Teachers and Lead Teachers.
These new positions are intended to strengthen both the teaching profession and leadership within schools. Improving the quality of these two things is important not only for the sake of our children, but also because these children will drive the future productivity of our country.
However will these new leadership roles, and the extra $359 million the Government will spend over the next four years to fund these roles, result in a higher achieving, more productive generation?
The current system doesn’t accurately reward teachers and recent studies have shown our students are falling behind other countries, especially in maths and science.
Something needs to be done to turn this around, and quickly. We need a solution that will increase the overall quality and inspiration levels of our students.
For this to happen we need to retain the best teachers. Providing funding in the budget for salary incentives for the 6000 new teacher roles is an obvious first step but will the pay incentives that go alongside these new, more management focussed positions offset the added workload that comes with them? Or will these teachers simply be placed under even more workload pressures and result in them having less of a focus and impact in the classroom?
The Minister of Education Hekia Parata has been under the spotlight this month regarding her comments around performance pay needing to be “consistent and rigorous”. Without the disclosure of how this would be measured, it’s unlikely to be supported. If performance based pay, together with these new roles, are in place, the metrics for teacher performance would need to be fair and equitable – and this is likely to prove difficult as how do you create a one size fits all approach across a profession that is so diverse?
Ludger Woessmann of Kiel Institute of World Economics noted in 2001 that spending more money within an institutional system that sets poor incentives will not improve student performance. He concluded that an institutional system in which all people involved have an incentive to improve student performance is the only alternative that promises positive effects. Perhaps the Government should be considering finding alternative ways to incentivise all teachers – no matter what their title?
Decreasing class sizes would also be a step in the right direction. Children thrive when they have more one-on-one time with teachers. If teachers are spread too thin, their ability to inspire pupils is sure to be distilled and watered down. Focussed teachers who have enough time and energy to inspire students is critical to ensuring the next generation is full of New Zealanders who are at the top of their game.
Hopefully we will see some further measures to address these issues in the upcoming Budget, measures that will do more than just add layers of management to the teaching profession.
Clearly education will continue to be a focus right up to the election – and employers of the future generation should keep a close eye on this.
New educations roles
250 Executive Principals | Principals that have a proven track record in raising achievement. They will pass on their knowledge and expertise to other principals. They will remain in charge of their own school but be released for two days a week to work across a grouping of schools. They will be paid an annual allowance of $40,000 on top of their existing salary. |
1000 Expert Teachers | Again, these teachers will be released for two days a week to work across a school grouping, under the guidance of an Executive Principal. They will work alongside other teachers to develop and improve classroom practices. They will be paid an annual allowance of $20,000 on top of their usual salary |
5,000 Lead Teachers | High-performing teachers who can demonstrate the best classroom practice. Their classrooms will be open to other teachers almost all the time, so teachers can observe and discuss classroom practice with a model professional. They will be paid an annual allowance of $10,000 on top of their existing salary. |
20 Change Principals (per year for up to 5 years) | Top principals who are paid an additional allowance of $50,000 a year to go to a struggling school and turn it around. |
Further enquiries, please contact:
Vanessa Black
Grant Thornton New Zealand Associate, Audit
T +64 (0)9 308 2985
E vanessa.black@nz.gt.com