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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.
Research reveals challenging times ahead for many Not for Profits
Grant Thornton New Zealand’s latest research into the Not for Profit (NFP) sector paints a picture of an agile industry bending with the winds of change, but the survey results also indicate a breaking point is on the horizon for many organisations.
Barry Baker, Partner and Co-Leader of Not for Profit services at Grant Thornton says, “The report clearly demonstrates the great work the sector has done over the last few years in creating more robust and financially secure organisations, but it also uncovers some major gaps that will ultimately prevent many from delivering on their purpose”.
Legislative changes
Not for Profit organisations have seen a raft of legislative changes in recent years, with more to come.
“Engagement with, and understanding of certain legislative changes has been unexpectedly low”, says Baker.
“For example, nearly a quarter of Incorporated Societies surveyed haven’t addressed the impacts of the newly passed Incorporated Societies Act 2022 which is intended to clarify the responsibilities and risks to organisations’ governance groups, and a third haven’t considered the new reporting obligations required.
“There are financial penalties for non-compliance with the Act, and prison terms for more extreme cases.”
“The Privacy Act 2020 is another important piece of legislation that has strengthened requirements for the protection and disclosure of personal information. It impacts all NFPs, but well over a third haven’t updated their Privacy Policies, and even more alarming is the 40% of entities in breach of the Act by not appointing a Privacy Officer.
“For profits and NFPs alike are required to have suitable person in this role to prevent or resolve any privacy issues before they become a financial, reputational or legal risk, but it was surprising to see the wide range of team members charged with this task including corporate services, operations, office managers and even receptionists”.
Risk management
Baker says there’s serious room for improvement in the sector’s business continuity planning, and that the survey results in this area were particularly concerning given the events over the last couple of years.
“The findings around business continuity demonstrate some neglect here: One quarter of NFPs never update their business continuity plan, over half never test the plan they have, and 59% never circulate the plan to employees.
“Unfortunately, there will always be black swan events like financial crises and pandemics, so complacency isn’t an option”.
Cyber security
“Although it’s unthinkable, NFPs are targets for cyber criminals, so cyber security is an area that needs ongoing investment as organisations are constantly bombarded with phishing attempts, ransomware attacks and fraudulent activity,” says Baker.
“That’s why it’s surprising to find only 43% of NFPs invested in this over the past two years and 27% plan to invest in it over the next two to three years”.
“A major security breach can cause enormous disruption or even shut down operations, and it will almost always require considerable time and money to rectify the issue for those NFPs who haven’t invested enough in their systems, processes and staff training.”
The way forward for NFPs
“There’s no doubt we will all face troubled waters ahead at some stage, but those NFPs who have planned well and invested in future proofing their organisations will be the ones equipped to continue their good work. They just need to make sure their oxygen mask is fitted before they can help others”, says Baker.
Grant Thornton’s report, Here for good? can be downloaded here.