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Audit of annual and consolidated financial statements
We place particular emphasis on customized solutions and international service and adapt our services to your needs.
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Assurance related advisory services
Assurance related advisory services are based on the knowledge and expertise that are the staff of life of our auditors.
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Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
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Accounting related consulting
Accounting in accordance with UGB, US-GAAP or IFRS is in constant motion. The integration of new regulations into their own accounting systems poses special challenges for companies.
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Corporate Tax
We are your problem solvers for corporate tax issues
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Restructuring, Mergers & Acquisition
Expertise and creativity for the perfect structure
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International Tax
We are here, whenever our clients require our assistance
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Transfer pricing
We are your experts for an optimal transfer pricing structure
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Indirect Tax & Customs
We take care of your indirect taxes so you can take care of your business
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Private Wealth
We are your competent partner in the field of Private Wealth Tax Services
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Real Estate Tax
We are a valuable partner at every stage of your property's life
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Global Mobility Services
Local roots and global networking as a secret for successful assignment management
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Advisor for Advisor
As advisors for advisors, we support in complex situations
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Bookkeeping & Financial accounting
Financial accounting is the basis for many decisions in the company. Only those who prepare their figures clearly and get a good overview of their company can recognize weak points in time and react to negative developments. The use of state-of-the-art software (BMD) allows you to access your figures at any time. Digital document management and a document management system for data archiving are a matter of course. We take care of your financial accounting.
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Preparation of annual & consolidated financial statements
Depending on the size of your company and the legal form chosen, you are obliged to prepare annual financial statements. In addition, shareholders, owners and management want to be provided with financial information on a regular basis. We support you in fulfilling your recording obligations and thus ensure that you present companies, the bank and other addressees with meaningful and reliable figures.
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Payroll Services
Payroll services are among the subject areas that are changing rapidly and constantly gaining in complexity. This is where tax law, social security law, labour law, residence law and other legal matters come together. Our experts will help your team to stay up-to-date and solve complex issues. But we are also happy to take care of your entire payroll accounting.
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Tax Compliance
Tax authorities keep entrepreneurs and freelancers constantly engaged with tax issues, so they play a central role in almost every business decision. Depending on your needs, our services range from the preparation of tax returns, the execution of tax calculations with a thorough review of the data as a basis for assessment, to international tax compliance for several countries.
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Robotic Process Automation (RPA)
Robotic Process Automation (RPA) is a software-based technology that mimics a series of activities within and between systems based on a set of instructions typically to complete a process.
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Valuation
Valuations are a core competence of Grant Thornton Austria. As auditors and tax advisors we combine profound know-how with our practical experience to offer you customized solutions for your valuation assignment. Our industry expertise is based on years of services to our clients, including listed companies as well as owner-managed companies with an international focus. We advise on valuation matters related to arbitration and provide expert opinions.
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Forensic Services & Cyber Security
When it comes to risks in business, our experts are on hand. We support you not only in suspicious cases or in disputes, but also develop suitable strategies in the area of prevention to avoid serious cases as far as possible. Our Cyber Security team helps you to keep your networks and applications secure and is quickly on hand in the event of a security leak.
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Transaction Support
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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Merger & Acquisition
Companies start new activities and separate from old ones, cooperate and merge. Markets and competitive conditions are subject to constant and increasingly rapid change. As a result, existing business models are changing. Some companies have to restructure and reorganize. But new business opportunities also open up.
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Restructuring & Going Concern Forecast
Restructuring & Going Concern Forecast: Bundled services for your strategic, operational and financial decisions offer the right answers for companies, banks, shareholders and investors.
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Internal Audit
Internal Audit helps companies and organisations to achieve their goals by analysing and evaluating the effectiveness of risk management, controls and management and monitoring processes. Internal Audit focuses on independent and objective audit (assurance) and consulting services that improve the value creation and business activities of your company.
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Expert dispute resolution & advisory
Grant Thornton Austria offers comprehensive services in the field of business-oriented expert services with a broad range of competencies from banking to communication. The core activity of experts is the objective recording of findings and the preparation of expert opinions - regardless of all external circumstances. Our experts Gottwald Kranebitter and Georg H. Jeitler, as sworn and court-certified experts, ensure that the highest professional standards and the principle of objectivity are observed.
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Blockchain and Crypto-Asset
Blockchain as a carrier technology for crypto currencies and smart contracts, among other things, is becoming increasingly important. Grant Thornton Austria offers comprehensive audit and confirmation services for block chain technologies and business models.
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Corporate & Brand Strategy
We support you in developing growth strategies for a sustainably successful future and in maximizing the potential of your brand.
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International Engagement Management
As a member of the global Grant Thornton network, we support and manage international projects for our clients. Our team includes multilingual experts who have many years of experience in international assignments and enquiries and can support you in your international projects.
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Turkish Desk
An Austrian-Turkish multidisciplinary team accompanies you in development projects and transactions. We bundle comprehensive expertise for Turkish companies that want to venture into the Austrian market as well as for Austrian companies that want to position themselves in Turkey.
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French Desk
An Austrian-French team accompanies you in development projects and transactions. We bundle comprehensive expertise for French companies that want to venture into the Austrian market as well as for Austrian companies that want to position themselves in France.

The most radical and immediate impact of COVID-19 has been on people. New ways of working have put increased pressure on managers and their teams. Lockdowns and remote working have blurred the lines between business and professional lives and brought to the fore the physical and mental wellbeing of workforces. Health, morale, the working environment, skills and productivity are critical issues and meeting those challenges is a priority. According to Grant Thornton's IBR data 36.7% of mid-market businesses said they were planning for people and leadership challenges in preparation for recovery.
Manage back to work performance
For those businesses needing their staff to be location-based, the priority is to provide a safe environment with appropriate self-distancing measures, and Grant Thornton's IBR data showed that 46.8% of companies were planning workplace safety.
However, as people return to their workplaces, they also need managerial guidance and clarity to get them back on track.
Patrick Gallen, head of people and change consulting at Grant Thornton Ireland, says: "When people get distracted by what's changing around them, when they are unclear, confused or feel insecure, they lose focus – and this negatively affects performance .
"Unless people are clear what's changing and why, how the change impacts both them personally and their team, they will spend more time distracted and not be as productive. With the negative impact that COVID-19 has already had, businesses have to get back to capacity and performance as soon as possible."
However, well-executed change can have a positive impact. If approached with thoughtful planning and meaningful engagement, change can be an opportunity to 'build back better'. Gallen says: "We've plotted the impact on performance over a seven-month timeline, starting with 30 days before the anticipated back to work date, right up to six months afterwards. By splitting this period into key stages with targeted interventions at each stage, you can help maintain and even improve performance."
Consider outsourcing specific roles
With many businesses reluctant to bring in new permanent staff, Pallavi Bakhru, chartered accountant at Grant Thornton India in New Delhi, expects there to be growing demand for outsourcing. She says: "In this whole endeavour to become lean, organisations will now look at outsourcing services." Rather than hiring a team of specialist FMCG marketers, for example, using an agency is more flexible until there is more certainty.
Or where very specific high-value skills are required bringing in an individual specialist maybe more advantageous than creating a permanent role. "This is going to benefit both providers and customers who want to be lean. Service businesses will want to create these strategic relationships where clients can draw on very specialised knowledge as and when required."
Revisit your wellbeing policies
But for a large proportion of employees now working more or fully remotely, mental wellbeing – more easily monitored under face-to-face settings – is a growing concern for businesses. Emerging research from the UN found that women have been disproportionally affected by lockdown work patterns, given care responsibilities and impact on job security. The research suggests that given the large proportion of women working in the most impacted sectors, we need to think carefully about how we can redeploy this human capital as a critical component to our economic recovery. Employers’ support for women’s wellbeing has a vital role to play in that. Meanwhile, many younger employees are living – and now working – in shared accommodation with less space and privacy. While many people across the generations, feel isolated or that their sense of purpose has diminished.
A happy and healthy workforce equals productive and profitable employees says , head of human capital advisory at Grant Thornton, Channel Islands. "One of the things we've done to help organisations is to look at how robust or present any wellbeing offering or strategy is in their organisations."
She says that organisations need to recognise, the impact of wellbeing on the workforce and ultimately the bottom line. And then they work through a process that ensures organisationally the business systematically checks in with all staff on a regular basis to make sure that they're okay and provide support.
Don't ignore your business culture and values
With so many businesses focused on survival, it is not surprising that Culture has slipped off the radar. But Crowder says: "There's not enough attention paid to the importance of core values, to the importance of a mission and vision statement, and how you treat your people, how you do your business. It's not just from an employee point of view, but also a shareholder and customer perspective."
Employees in organisations that neglected their staff during the lockdown are sitting tight because they can see the market is flooded with jobless people. Crowder says that even if staff are unhappy, they're staying put because it's all they've got at the moment. "This isn't healthy from a productivity, cultural, or wellbeing point of view."
"Being able to communicate sincerely and genuinely, to both your staff and wider stakeholders is critical. When we run staff engagement surveys for organisations, poor communication is often cited as the worst thing. It upsets people when they read in the newspaper what's happening in their firm; they want to hear news from somebody inside the house.
Businesses need to be more transparent in their communications. "When people worry about their jobs, it's important to say: 'this is an insight as to what our financials look like right now.' You don't have to give them chapter and verse. You can deliver it in a way that people in the room will understand and what it means to them. Because the 'what does this mean to me' factor is what people are most interested in."
Even in these difficult times, businesses need to demonstrate integrity and their core values in their DNA. "Culture is your shop window to clients or customers and your biggest recruitment and retention tool. While there are some tough decisions to make around headcount, you need to include many voices around the table and carry people with you. The minute you compromise on your values, then you start to get in deep water."
Rethink your skills strategy for a post-COVID world
The new challenges COVID-19 poses for businesses require new skills to deal with them. Crowder says: "The pandemic is forcing organisations to snap out of an antiquated way of teaching people, to embrace technology, and adopt a much more inclusive approach to upskilling and reskilling people of all ages, across all communities."
While upskilling has a positive motivational impact on employees, by thinking now about teams' future skill requirements, businesses can position themselves strongly. With some roles having changed drastically to adjust to circumstances, the crisis has allowed people to develop new skills and identify where they fall short.
Crowder says HR teams need to put human capital back on the boardroom agenda, developing better short-term horizon scanning and helping boards be more open to how technology can help.
The World Economic Forum recently claimed that financial services will automate up to 30% of roles over the next six months. Crowder says about this: "Organisations need to adapt and be agile and see the opportunity through positive lenses. There needs to be transparency on that as well and say 'it is our strategy to use tech to undertake these sorts of roles so let's work with these people to upskill them now so they can transition into new roles'."
A disengaged, demotivated and distant team is akin to putting the wrong fuel in the car. A retuning exercise, based on proactive communication, transparency, core values and an evaluation of skills can help ensure your people are optimised for the race ahead.
Speak to our expert Werner Leiter to discuss your human capital requirements.