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International Financial Reporting Standards
Grant Thornton International member firms combine broad international experience with technical know-how in audits of IFRS based financial statements
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Financial Reporting Audit
Our Audit division has the capacity and knowledge to provide an assurance that the Final Financial Statements episodes will be reliable and timely
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Compliance
We are committed to providing a service with the highest standards of excellence, integrity, and experience
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Mexican Social Security & Local Tax
Growing businesses need strong tax management to meet current and future tax liabilities and we can help you achieve this, whatever challenges you face
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International Taxes
Your people are probably your business’ most valuable asset. If you choose to send them overseas you will face certain tax liabilities, social security, and pension obligations
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Prevention and detection of money laundering and anti-corruption practices
Prevention and detection of money laundering and anti-corruption practices. The process of hiding or disguising the existence, illegal source movement, fate or illegal use of property or funds, proceeding from illegal activities
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Business consulting
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle
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Business risk services
Businesses worldwide are facing constant challenges as they try to navigate the wide range of risks involved in complex global markets
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Forensic services
Fast-growing organizations need advisers that can dig deep into their business and provide detailed solutions
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Recovery & reorganisation
We focus on identifying and resolving issues affecting profitability, protecting enterprise value and facilitating a full recovery where possible
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Transactional Advisory Services
We can help you understand the value drivers behind successful transactions
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Internal Audit
In today's global economy, organisations - both public and private - must demonstrate that they have adequate controls and safeguards in place
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Payroll Outsourcing
Payroll and, in addition, personnel administration are the biggest and most time-consuming challenges facing expanding organisations
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Accounting outsourcing
The goal is to increase the effectiveness of accounting processes, supporting your core business. It was created especially for businesses with high information needs, usually related to working in an international environment
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Human Capital Services
We provide solutions for your company in order to identify, evaluate, reward and retain the best talent
Doing business in Peru
25 Jun 2013An interview with José Luis Sarrio
How do you assess the outlook for your economy?
The outlook for the economy remains strong despite the slowdown in China, which replaced the United States as Peru’s key export market in 2011. The economy grew by 6.3% in 2012 and a similar result is expected this year. Demand for minerals from China remains key. Copper and gold account for around 23% and 22% of total exports respectively.
Peruvian businesses are the most optimistic about their economic prospects in the world according to the Q1 IBR results and in the 2012 Emerging markets opportunity index, Peru climbed to 15th place, up from 20th in 2010, an indication of how the economy is developing.
What are the top three strengths of your economy as a potential target for investors?
Peru has a young, dynamic population – 30 million people with an average age of 26 means the economy can still benefit from its demographic transition (where the share of working age people increases relative to dependents so proving a boost to growth). The size of the market is also increasing as these people become increasingly wealthy and therefore consume more. Finally, Peruvians have a sense of ownership and pride in our country and its development which translates into a very productive workforce.
What should business leaders be aware of when investing in your economy?
Investors should try to engage with a adviser who understands their business and the local market and, from day one, have their accounts completed for reporting and tax purposes. It is also a good idea to ask around about any specific sector, company or individual you are pursuing.
What sectors does your firm specialise in?
Mining, Real estate & construction and Hospitality & tourism.
José Luis Sarrio is Partner & International Business Centre director, Grant Thornton Peru.