In light of growing international interest and scrutiny of corporate practices we set out to explore how three major aspects of governance – the role of culture, board composition and strategic planning – are affecting businesses around the world.
Grant Thornton Taiwan is committed to providing high quality assurance services to help clients navigate the prevailing climate of tightening regulatory and...
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At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting.
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Our IFRS advisers can help you navigate the complexity of the Standards so you can focus your time and effort on running your business.
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Showing 16 of 220 content results
![Tech businesses forecasting strong a 2014](/globalassets/1.-member-firms/global/large-block_464x422px/technology_main_block_464x422px.png)
International Business Report (IBR)
Tech businesses forecasting strong a 2014
The technology industry is synonymous with innovation, fuelled by investments and a continual focus on research and development (R&D). By its very nature it is at the forefront of change. Those businesses which fail to keep up with technological change and stay current with consumer requirements are left behind.
![Transfer pricing ebook](/globalassets/1.-member-firms/global/large-block_464x422px/transfer_pricing_main_block_464x422px.png)
Transfer pricing
Transfer pricing ebook
More and more fiscal authorities continue to develop their transfer pricing laws. The principles are common, although interpretations differ from one tax authority to another.
![International indirect tax ebook](/globalassets/1.-member-firms/global/large-block_464x422px/international_indirect_tax_main_block_464x422px.png)
Indirect tax
International indirect tax ebook
As more and more goods and services are crossing national borders than ever before, and with indirect taxes being adopted by a growing number of tax authorities, international businesses are facing tax issues in many overseas countries - including the possibility of having to account for tax in the country where their customer is located.
![The global economy in 2014](/globalassets/1.-member-firms/global/large-block_464x422px/ibr_main_block_464x422px.png)
International Business Report (IBR)
The global economy in 2014
Drawing on data and insight from the Grant Thornton International Business Report (IBR), the Economist Intelligence Unit (EIU) and the International Monetary Fund (IMF), The global economy in 2014 answers these questions and more.
![Rising energy costs put pressure on demand for renewables](/globalassets/1.-member-firms/global/large-block_464x422px/windfarm_main_block_464x422px.png)
Cleantech
Rising energy costs put pressure on demand for renewables
We asked the 3,500 business leaders who responded to our latest Grant Thornton International Business Report (IBR) a new question in Q4-2013: Do you expect rising energy costs to constrain the growth of business over the next 12 months?
![How to succeed in China? Go west to the ‘second-tier’ cities](/globalassets/1.-member-firms/global/large-block_464x422px/china_flag_main_block_464x422px.png)
Global Economy
How to succeed in China? Go west to the ‘second-tier’ cities
The lure of China’s less well-known cities and the opportunities they present has been picking up speed for years, along with their impressive growth. In fact, while they are often described as ‘second-tier’ cities, many are in fact now wealthier than their ‘first-tier’ counterparts.
![Economy focus 2014: France](/globalassets/1.-member-firms/global/large-block_464x422px/ibr_focuson_france_main_block_464x422px.png)
International Business Report (IBR)
Economy focus 2014: France
The economy of France continues to suffer as the eurozone crisis continues. Following a deep contraction in 2009, the economy recovered robustly, posting seven consecutive quarters of expansion. However, France has stagnated over the past two years as problems in southern Europe intensified, with growth slowing as unemployment and government debt rise.
![Sweden is open for business](/globalassets/1.-member-firms/global/large-block_464x422px/sweden_flag_main_block_464x422px.png)
Global Dynamism Index (GDI)
Sweden is open for business
Sweden is an open, trade-oriented economy with a strong emphasis on supporting enterprise. It is therefore perhaps unsurprising, if still pleasing, to find the economy ranked third for the dynamism of our business operating environment in the Grant Thornton Global Dynamism Index (GDI) 2013. We are behind only Ireland and Canada on this measure in the 60-economy study.
![Economic outlook for 2014](/globalassets/1.-member-firms/global/large-block_464x422px/world_map_main_block_464x422px.png)
Blog
Economic outlook for 2014
I was interviewed this week by CNBC and BBC World News to discuss the economic outlook for 2014, drawing on the views of 3,500 senior executives in 45 economies we interview for our International Business Report (IBR).
![Fighting fraud in construction](/globalassets/1.-member-firms/global/large-block_464x422px/fighting_fraud_in_construction_main_block_464x422px.png)
Real Estate & Construction
Fighting fraud in construction
The presence of fraud and corruption in construction can take many forms; from falsely representing the number of hours a contractor works, through to collusion when bidding for contracts or paying bribes to secure a contract. These inevitably increase costs and, in the case of bribes, inflate the contract price.
![Israel: at the forefront of global innovation](/globalassets/1.-member-firms/global/large-block_464x422px/israel_flag_main_block_464x422px.png)
Global Dynamism Index (GDI)
Israel: at the forefront of global innovation
Israel is a major player in science & technological innovation. In fact, perhaps only the United States is more prominent globally.
![Philippines the biggest climber in business growth environment rankings](/globalassets/1.-member-firms/global/large-block_464x422px/phillipines_flag_main_block_464x422px.png)
Global Dynamism Index (GDI)
Philippines the biggest climber in business growth environment rankings
The Philippine economy is growing fast. GDP expanded by 6.8% in 2012 and, whilst remittances climbed to a record high of US$23.8 billion in 2012, their share of GDP actually dropped to 8.5%, down from 9% in 2011.
![Real estate and construction sector outlook improves](/globalassets/1.-member-firms/global/large-block_464x422px/construction_464x422px_main_block.png)
Construction and real estate
Real estate and construction sector outlook improves
Business optimism in markets such as China, the UK and the US has risen markedly over recent months according to the Grant Thornton International Business Report (IBR)[1]. And the most interesting aspect for me is the contribution of the real estate and construction sector to the brightening economic outlook.
![Public financial management reform in a period of adjustment](/globalassets/1.-member-firms/global/insights/article-listing-image-464x422/icgfm_survey_464x422px_block.png)
Public sector
Public financial management reform in a period of adjustment
Five years after the global financial crisis struck, residual effects continue to impact public financial management (PFM) in countries throughout the world.
![IFRS 9 hedge accounting](/globalassets/1.-member-firms/global/large-block_464x422px/ifrs_news_hedge_accounting_main_block_464x422px.png)
IFRS
IFRS 9 hedge accounting
IAS 39 ‘Financial Instruments: Recognition and Measurement’, the previous Standard that dealt with hedge accounting, was heavily criticised for containing complex rules which either made it impossible for entities to use hedge accounting or, in some cases, simply put them off doing so.
![Cleantech investment could break decarbonisation inertia](/globalassets/1.-member-firms/global/large-block_464x422px/footprint_464x422px_main_block.png)
Cleantech
Cleantech investment could break decarbonisation inertia
The outlook for the cleantech sector looks to be improving. While the Climate Policy Initiative reported that global climate finance flows had plateaued at US$359bn in 2012, business growth indicators from our Q3 International Business Report (IBR) are positive, particularly as regards investment and R&D, although a shortage of talent remains a challenge