We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet...
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Financial Reporting Advisory Services
Grant Thornton’s Financial Reporting Advisory Services (FRAS) team supports organisations through a diverse range of accounting and reporting services including transaction accounting, analysis and adoption of new International Financial Reporting Standards, training on new and complex standards, and other related services that enable organizations to achieve greater transparency and navigate through the ever-changing regulatory landscape.
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CFO Advisory Services
Chief Financial Officers (CFOs) and finance teams periodically face difficulties in financial reporting and accounting. To address these issues and challenges GT’s team looks to reduce the periodic uncertainty faced by our clients around difficult reporting and accounting standards and can help overcome these difficulties with our CFO advisory services.
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International Financial Reporting Standards
Capability in International Financial Reporting Standards (IFRS) is one of our core skills. We have access to a full-time team responsible for high quality, consistent application of IFRS throughout the global organisation.
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International Public Sector Accounting Standards
We are equally experienced in the adoption and implementation of International Public Sector Accounting Standards (IPSAS).
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In-Country Value
Grant Thornton is honored to be one of the Certifying Bodies to implement the National In-Country Value (ICV) Program for the Ministry of Industry and Advanced Technology (MoIAT)
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Staff Secondment Services
Finding qualified, skilled professionals for a specific purpose and time period can be a significant challenge for many organisations. We alleviate that challenge with a talent pool of highly motivated and technically trained individuals who have excellent soft skills and the agility to adapt quickly to varied client environments.
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
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Transformation Advisory
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
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M&A and Transactions Advisory
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
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Forensics
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
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Restructuring
We have an established standard of excellence for Restructuring within the United Arab Emirates with a focus on client success throughout a complex period of the business life cycle.
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Incorporation and Compliance
Grant Thornton assists businesses in setting up and complying with these regulations and acts as adviser for companies to ensure their activities, policies and procedures follow the guidelines specified by respective regulations.
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ICFR
Grant Thornton is a market leader in providing Internal Controls over Financial Reporting (ICFR) services to many well-known entities in UAE.
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Islamic Finance
Grant Thornton's Islamic Financial Services team comprises a global network of professionals with in-depth knowledge of Islamic finance and providing practical, value added assistance to their clients across a range of specialisms and issues.
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Regulatory Compliance
Grant Thornton holds a proven track-record in Regulatory Compliance advisory, our range of services will facilitate robust guidance to help you manage your regulatory risks and affairs, our teams of specialists assist our clients in the following areas:
Tax policy reforms and the introduction of new tax regulations across the GCC are creating huge challenges for organisations. Grant Thornton UAE offers a...
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Corporate Tax
Our diversified team of corporate tax subject matter experts combines a perfect blend of international experience across several industry sectors, technical expertise, and commercial nuances with a commitment to deliver exceptional value to your business.
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VAT
The VAT team at Grant Thornton is well versed with the VAT Laws applicable across the region and holds valuable experience and professional accreditation in assisting clients across diverse industries to comply with the VAT obligations.
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Transfer Pricing
Grant Thornton UAE assists its clients in providing transfer pricing solutions that are implementable and operational, considering the facts and concerns of its clients.
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International Tax and Tax Due Diligence
Grant Thornton UAE supports multinational groups to optimise their tax structures. We can also assist businesses in analysing existing group transactions and inter-group supplies, as well as advising on potential implications of various taxes to facilitate an efficient Group tax structure.
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Economic Substance Requirements
Economic Substance rules were introduced in the UAE in 2019, requiring UAE businesses that undertake certain ‘Relevant Activities’ to maintain and demonstrate adequate substance.
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Customs and International Trade
The team at Grant Thornton is positioned centrally to assist the businesses with global cross-border tax structuring, planning and compliance needs.
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Excise Tax
We provide Excise Tax related advisory and compliance services to the producer, importer, and the storekeeper of excisable goods
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Business Process Outsourcing Services
Our team at Grant Thornton offers comprehensive and cost effective outsourced solutions, enabling stakeholders and business owners to focus on their core business goals.
International Business Report (IBR)
Women in Business 2020
08 Mar 2020Putting the Blueprint into practice
Over the last 12 months, our women in business research has drilled down into the gender diversity stats of mid-market organisations around the world, looking at how the numbers are changing, and most importantly, what businesses are doing to make them change.
Women in Business 2020: Putting the Blueprint into practice highlights the global trends where numbers appear to be leveling out, the success stories in regions such as Latin America and Africa where good progress is being made, and the senior roles most likely to be held by women. It also draws out the most popular gender equality initiatives being put in place, many of which mirror the recommendations made in our 2019 Blueprint for Action.
The Global View
Proportion of women in senior management globally over the last 16 years
- The percentage of women in senior management in 2020 is almost exactly the same as last year.
- The proportion of companies with at least one woman in senior management around the world has remained steady, sitting at 87%.
- 2019 saw an increase, so our data represents a leveling off of prior progress. This could be on the back of the wave of attention caused by #MeToo and gender pay gap reporting.
Regional Successes
Top five regions by proportion of women in senior management, 2020 versus 2019
- There has been a jump in Africa, Latin America, and ASEAN.
- Last year’s success story Eastern Europe has seen further improvement.
- Latin America experienced the biggest increase in the proportion of women in senior management, climbing by eight percentage points to 33%.
- APAC has the lowest figure, with 17% of senior managers in the region being female.
Positions held
Proportion of women in specific roles, 2020 versus 2019
- 2020 sees an encouraging uptick in women at CEO level but decline at CFO, a position in which women have traditionally been strong.
- It is possible that the shift reflects a movement within the same sub-set of female directors, winning promotions and moving role from CFO to CEO.
- Senior women are most likely to work as HR director, and least likely to be a partner at a business, with just 7% of partners being female.
The Blueprint in Action
Most common actions being taken by businesses around the world to achieve gender parity
- Ensuring equal access to developmental work opportunities and creating an inclusive culture are the most popular initiatives aimed at improving gender diversity at 34%.
- Offering unconscious bias training is the least common initiative.
- All actions have increased in popularity since 2019, with linking senior management reward to progress on gender diversity rising the most in the last year.
- Despite all these positive initiatives, 22% of businesses globally still take no action to ensure gender diversity.