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Audit approach
Designing a tailored audit programme customised for your business, we will combine the collective skill and experience of assurance professionals around the world to deliver an audit that is efficient and provides assurance to your key stakeholders.
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Audit methodology
We have adopted Grant Thornton International's Horizon audit approach and Voyager software, a revolutionary paperless audit designed to achieve a consistent standard of audit service.
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MFRS
At Grant Thornton, our MFRS advisers can help you navigate the complexity of financial reporting.
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Our local experts
Our local experts
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Tax advisory & compliance
Our teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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Corporate & individual tax
Our teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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International tax & Global mobility services
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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Indirect tax
Our indirect tax specialists help clients in effective planning; assist to bring clarity to the legislation; assist and advise in audits or investigations. It is important for all entities, whether or not required to register for Sales Tax or Service Tax to analyse the impact of the taxes on their business operations, their revenues and expenses, and their customers and suppliers.
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Tax audit & investigation
Tax audit and investigation
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Transfer pricing
Transfer pricing
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M&A, Restructuring & Forensics
Forensic
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Corporate finance
Whether you are raising capital, disposing of a business or seeking a wider market for your company's shares on a stock market, we are ready to help make it a successful and stress-free experience for you.
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Business risk services
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
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Recovery and reorganisation
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
Dealing with corrupt practices
14 Jul 2013How can businesses avoid exposing themselves to instances of corruption?
VR: The only way to stay clear of corrupt practices is to have some realistic expectations about doing business in India. If you follow the rules and don’t make corrupt payments, it could take up to 12 months to incorporate a company. If you have a business plan to produce revenue in the first year of operation, you’re likely to take shortcuts, which could lead to making corrupt payments. The C-suite has to really support their management team in India. If it takes 12 months so be it, but let’s do it properly and legally, without making corrupt payments. That requires tremendous staying power and cash flow, but time and time again it has been shown that if you stand your ground first time round, the second time round, you won't be asked to make a corrupt payment.
If business leaders do find themselves having to deal with corrupt practices, what is the best way to handle this situation without damaging prospects for business growth?
VR: If you have a situation where you have made an inadvertent corrupt payment, it’s best to stop the practice immediately and take steps to ensure it does not happen again. Report it to your own internal compliance and legal team so that someone is aware of it and record it properly in your books and financial statements. Don’t disguise it as a payment for something else.