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Business risk services
We provide the advice necessary to help you manage risk, realise opportunities and improve your business performance
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Transaction advisory
In times of rapidly growing business integrity, companies are often looking for a complex solution to an upcoming change in structure.
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Real estate advisory
Our Real Estate advisory team is multi-disciplinary with industry experience in residential and commercial development, real estate valuation and financing.
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Regulatory reporting
Our audit and regulatory reporting process is more than compliance. It's a business improvement tool to identify and resolves critical issues to add value.
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IFRS Reporting
Using IFRS can help increase the quality, comparability and transparency of your financial information.
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Audit technology
A key element in our global audit methodology is the use of cutting-edge technology.
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Audit methodology
Our audit methodology targets our audit efforts on those areas of your financial statements that represent the greatest risk.
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Audit services
One of the key elements that contribute to the high quality of services we offer is the development of innovative technology and software programs.
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Statutory bookkeeping and financial statements
Outsourcing your financial administration can be a move that has great benefits for you. It allows you to focus entirely on your core task and activities, while you know for sure that you are meeting legal and regulatory requirements in the most tax-efficient way. You can be assured that your administrative processes carry on, even in case of leaves, sick leaves or holidays.
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Payroll
We offer you access to our professional payroll specialists with years of international practice and extensive experience in applying all these requirements.
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Personal Income Tax Compliance
We to what you want to achieve and help protect your wealth in the most tax-efficient way.
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VAT Compliance
The VAT system in Bulgaria implies many challenges for tax optimisation, accompanied by a need to comply with Bulgarian and European indirect tax legislation.
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Transfer pricing
Tax authorities around the world are increasingly focusing on pricing and transfer pricing policies implemented by multinational companies.
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Corporate Income Tax Compliance
Minimising the risks of unfavorable outcome of tax audits as well as other administrative proceedings related to corporate taxes.
Grant Thornton Bulgaria is a member of Grant Thornton International network of firms. Therefore, it implements GTIL’s world-wide audit methodology, which comprises procedures that focus our efforts on those areas of your business and financial reporting that represent the greatest risk.
Our audit approach is governed by policies and procedures that ensure compliance with the International Standards on Auditing, International Standards on Quality Control and the IFAC Code of Ethics for Professional Accountants.
Why Grant Thornton
Our audit teams are comprised of highly qualified people, with great technical expertise and solid background in audits. Moreover, GTIL has established protocols that enable member firms to consult with audit specialists in other member firms throughout the international organization as well as GTIL’s IFRS Committee.
Our audit approach does not only provide us with reasonable assurance that the financial statements give a true and fair view but also allows us to understand in depth your operations and your business performance. In those terms, our people can offer recommendations that would unlock your potentials for growth and upturn.
Our audit methodology and tools are constantly evaluated to ensure adherence to International Standards on Auditing, whilst updated versions are released on an annual basis.
In addition to our own internal quality control procedures and in line with the global network’s requirements, every member firm is subject to Grant Thornton Audit Review (GTAR), a program conducted by GTIL at regular intervals. This review is a systematic check of the quality of member firms’ audit procedures carried out at least once every three years by independent and suitably qualified partners and managers from other member firms under the overall direction of GTIL.
Our solutions
One of the key elements that contribute to the high quality of services we offer is the development of innovative technology and software programs. We believe that superior technology creates efficient service and lower fees. We have incorporated innovative computer applications into our audit procedures (Voyager, TBeam, IDEA, etc.) that can be tailored to the specific needs and characteristics of each organization. Our services offered consist of:
- Statutory audit of annual financial statements, prepared in accordance with IFRS or Bulgarian GAAP
- Audit of consolidated financial statements
- Audit / review of interim financial statements
- Review of financial statements
- Audit of financial statements, prepared in accordance with special purpose frameworks
- Engagements to perform agreed-upon procedures (ISRS 4400)
- Compliance services (ISAE 3000)
