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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
The outlook for 2013
09 Jan 2013US business leaders remain cautious
The big New Year business story was that politicians in the United States had pulled the economy back from the brink of the ‘fiscal cliff’, albeit slightly later than planned. Stock markets rose and many business leaders breathed a collective sigh of relief.
But closer inspection of the deal reveals that only the question of tax rises was addressed. Potentially thornier negotiations around spending cuts and the debt ceiling remain unresolved. It is now not just European leaders who are being accused of ‘kicking the can down the road’.
The impact of this uncertainty on business growth is stark. Our most recent IBR survey revealed that, having risen to 50% in Q2-2012, net business optimism in the United States fell to -4% in Q4-2012 – the lowest since the depths of the financial crisis. Expectations for increasing revenues (down 10 percentage points) and profits (down 9) fell sharply from Q3-2012.
Furthermore, almost half (46%) of US businesses cited the uncertainty surrounding the resolution of the ‘fiscal cliff’ as an obstacle to developing and implementing their firms’ business strategies. Should agreement not have been reached, they were likely to delay investment decisions and expansion, and lay off workers, all of which would further dampen economic growth.
But will the ‘fiscal cliff’ deal, such as it was, be enough to encourage businesses to stop bolstering their cash reserves? With other key decisions looming, are businesses really going to choose now to invest?
The uncertainty in the world’s largest economy resonates across the globe. At a time where the eurozone remains in crisis and growth is flat, Japan has a new government and is back in recession, and the BRIC economies are slowing, it is especially bad news for the global economy.
The outlook for at least the first half of 2013 remains difficult, and business leaders are cautious about growth prospects. Timely agreement in the United States would be a major boost to business confidence. It might even encourage leaders in the eurozone to follow suit.