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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.
NZ’s financial system a major barrier to a low carbon circular economy
Today, The Sustainable Business Network (SBN) and Grant Thornton New Zealand have released their report into the barriers New Zealand’s current financial system creates for meaningful progress towards a low carbon circular economy.
The Circular Revolution, a joint report by Grant Thornton New Zealand and SBN backs the movement towards a circular economy in Aotearoa. However, their research reveals a lack of incentives for businesses to switch to more sustainable circular business models, and how our financial systems help perpetuate the country’s current linear economy.
James Griffin, General Manager, Projects and Advisory at SBN explains: “The vast majority of businesses operate on a linear basis with a take, make, waste mindset. We take what we want from the environment to make products, which frequently end up as waste at the end of their often-short lifespans.
“In circular economies, resources aren’t abandoned to become waste or pollution. Instead, waste is designed out of the production process and the resources we use are kept in circulation.”
Michael Worth, Partner, and Sustainability and Impact leader at Grant Thornton New Zealand says: “Quite understandably, businesses won’t move from a linear model until their sustainably produced products can compete at the checkout, so we need to tilt the playing field the other way.
“Current regulation, taxation and accounting practices don’t provide the necessary carrots and sticks to support a circular economy, but there are highly effective ways to incentivise businesses to adopt circular businesses models. Incentives are fundamental to behaviour change. Monetary consequences drive action.”
The report states that while much of the damage done to our environment is irreparable, there are still options; it identifies four key influences to expedite progress towards circularity.
1. NZ Government: a key role to play
The Government has significant power to affect the pace of change. The business community needs effective incentives and easy access to government funding for circular initiatives. It also needs penalties for linear businesses that send a strong message about the new way forward. The low hanging fruit is lying in plain sight. The Tax Working Group’s recommendations must be implemented to incentivise sustainable business practices, and new taxes should be considered to accelerate change. Beyond that are the levers around depreciation, certification, and governance, along with easier access to new and improved grants.
2. Banks and lenders: a shifting of mindset and skillset
The researchers’ discussions with banks and other lenders revealed there is room for improvement. Lenders report they are inundated with requests for sustainable funding. But they admit they lack sufficiently trained staff around circularity. This means they revert to traditional commercial metrics to assess value and risk in their approval process, which makes for a difficult financing discussion between both lender and borrower, and it’s a clear disincentive to move away from a linear business model.
3. Businesses: start at the very beginning
As access to non-renewable virgin product reduces, now is the time for businesses to start future proofing their operations while they still can. The answer lies in examining the business from beginning to end. Examining how to change from non-renewable virgin materials to sustainable ones, how to modify production methods, how to fund that change and how to maintain customer loyalty. Everything is touched by a circular model. The secret lies in seeing the bigger picture, knowing what grants and funding options are available, and working with advisors who can help you navigate the path ahead.
4. Customers: take time to care
Fast, cheap and convenient defines the current customer world. However, as landfill increases and pollutants like plastic continue to invade the environment, this way of life is not sustainable. All consumers need to take personal ownership and accountability for the impact their buying decisions make on our environment and our economy. This means taking the time to learn more about the products we buy, re-using before replacing and when we must buy new, we should be seeking out products that are built to last, can be repaired when needed and made with materials that are both recycled and recyclable.
