-
Audit of annual and consolidated financial statements
Objectivity, expertise and experience are crucial when it comes to assurance services. And above all developing a strong working relationship with our clients is the foundation of our service approach.
-
Assurance related advisory services
Assurance related advisory services are based on the knowledge and expertise that are the staff of life of our auditors.
-
Global audit technology
We apply our global audit methodology through an integrated set of software Tools.
-
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.
-
Corporate Taxes
Experts at Grant Thornton Unitreu have many years of experience and provide the full spectrum of tax services. They are familiar with the specifics of the Austrian market in all aspects of tax and economic law. Tax consultants at Grant Thornton Unitreu take pride in developing and concluding effective and individual solutions.s.
-
International Tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
-
Transfer pricing
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
-
Value Added Tax (VAT)
Experts at Grant Thornton Unitreu have many years of experience and provide the full spectrum of tax services. They are familiar with the specifics of the Austrian market in all aspects of tax and economic law. Tax consultants at Grant Thornton Unitreu take pride in developing and concluding effective and individual solutions.s.
-
Private Wealth
Our experienced Private Wealth Team distinguishes itself through its long-term and trustworthy advice to private clients, owner-managed companies and private foundations.
-
Real Estate Consulting
Real estate, buy-side tax due diligence when purchasing real estate by (i) acquiring shares in real estate companies (share deal) or by (ii) purchasing real estate directly (asset deal)
-
Global Mobility Services
Assignment management is a task with many aspects and many contact persons. For successful expatriate management you need not only a local tax consultant, but a network, which successfully cooperates across borders. Grant Thornton has member companies in more than 130 countries with Global Mobility experts who regularly exchange information.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Valuation
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
-
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.
-
Merger & Acquisition
M&A, Merger & Acquisition
-
Restructuring & Going Concern Forecast
Recovery & Reorganization
-
IT Audit
Increasing networking and digitalisation are bringing about far-reaching changes in the business world. Modern accounting is no longer conceivable without complex IT systems. At the same time, however, this also increases the risks for companies, especially when handling data. Confidentiality, availability and integrity of data are central security requirements that must also be met with regard to the correctness of IT-supported accounting. Our IT auditors are experts in operational IT operations and develop targeted measures for you to counteract risks and to check the security and reliability of your IT systems.
-
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.
-
Special Attestation
At present, practically all types of IT services can be outsourced to service providers. Advancing technological developments, especially the possibilities for virtualizing server systems, are a major driver for companies to increasingly outsource IT services. Frequently, nested outsourcing structures can also be found in which service companies outsource certain IT services to subcontractors.
-
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.
-
Crisis Management
Crisis Management
-
Blockchain & Crypto-Assets
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.
-
Corporate & Brand Strategy
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.
Jon Geldart on the key messages from his new book
I have spent a lot of time in China over recent years. It is an amazing country which fascinates and surprises me every time I return, but perhaps no more so than over the past few months when I have been lucky enough to interview the chairmen of some of its most dynamic companies.
The result is a book entitled The Thoughts of Chairmen Now, a ground-breaking study of how business is done in China, not as a Westerner looking in, but standing in the shoes of senior Chinese executives. This fresh approach allowed me to dispel a number of common misconceptions about doing business in China. I would encourage anyone doing (or interested in doing) business in China to read the book, but below I explore some of the key insights.
The economic slowdown is welcome: chairmen are not concerned that the target rate of economic growth has slowed. The slowdown has provided a welcome opportunity to review their operations, offering a chance to focus on profit and operational risk management rather than the constant rapid fire response required to keep up with double-digit growth.
A Western management style is not the goal: chairmen are listening carefully to management techniques and approaches coming out of the West but they are looking to blend these into the ‘Chinese Way’ rather than copying and replacing. The goal is a ‘best of the best’ approach to adapt to the ever-changing dynamics of the Chinese marketplace.
Grey is good: managing ambiguity is essential to doing business successfully in China. Westerners need to accept that things are often not as they first seem in China; the more ‘clear cut’ culture they might be used to is more nuanced. Working in ‘grey’ requires real insights and lateral thinking.
Mobility and dynamism abound: the chairmen talked about this in terms of promotion, location and society. A hierarchy exists but younger managers are given much more responsibility than in the West, bringing complexity but also progression opportunities. Businesses are moving away from traditional coastal areas of low cost production towards the interior where major infrastructure projects are changing long-term migration patterns. And the increased spending power of the burgeoning middle classes is spreading across a wider geographic area, generating demand for affordable quality goods and services.
Decision-making taps into reason and instinct: the importance and intensity of EQ alongside IQ is typical of Chinese. The chairmen use both their head and their heart: decisions are ruled by both instinct, which is based around philosophical convictions, as well as reason, pure numerical and analytical business rationales. Understanding this demands a certain level of cultural intelligence (or CQ), but the potential rewards for getting it right are enormous.
Importance of the individual increasing: the traditional view that the collective is the more important than the individual is slowly evolving. The chairmen spoke of the importance of building high performance teams built around strong individuals, with activities that would be regarded as CSR in the West to the fore.
Businesses want creative, lateral thinkers: the traditional method of rote learning is changing. The chairmen are avid readers of philosophy and management books and they want to see an education system that encourages creative and lateral thinking, increased openness to experimentation, curiosity and questioning.
China is digital: the explosion of the internet in China, including e-commerce and mobile technology, is well documented but the clever use of big data is being exploited in amazing ways to analyse consumer behaviour and better tailor business approaches.
Brand is everything: this was much higher on the agenda than we expected. The chairmen recognise the challenges of operating under the auspices of ‘Brand China’ but are focused on building trust and loyalty in their good and services. The sense I got was that creating strong, global brands had leapfrogged the marketing department and is being championed by the chairmen at board level.
Watch Jon and David discuss the highlights from the research here.
Jon Geldart is the Executive director - markets development at Grant Thornton.
- Chile is world's second most dynamic economy