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Internal audit
In today's increasingly competitive and regulated market place, organisations - both public and private - must demonstrate that they have adequate controls and safeguards in place. The availability of qualified internal audit resources is a common challenge for many organisations.
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IFRS
At Grant Thornton, our International Financial Reporting Standards (IFRS) advisers can help you navigate the complexity of financial reporting so you can focus your time and effort on running your business.
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Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
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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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Looking for permanent staff
Grant Thornton's executive recruitment is the real executive search and headhunting firms in Thailand.
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Looking for interim executives
Interim executives are fixed-term-contract employees. Grant Thornton's specialist Executive Recruitment team can help you meet your interim executive needs
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Looking for permanent or interim job
You may be in another job already but are willing to consider a career move should the right position at the right company become available. Or you may not be working at the moment and would like to hear from us when a relevant job comes up.
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Practice areas
We provide retained recruitment services to multinational, Thai and Japanese organisations that are looking to fill management positions and senior level roles in Thailand.
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Submit your resume
Executive recruitment portal
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Update your resume
Executive recruitment portal
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Available positions
Available positions for executive recruitment portal
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General intelligence assessments
The Applied Reasoning Test (ART) is a general intelligence assessment that enables you to assess the level of verbal, numerical reasoning and problem solving capabilities of job candidates in a reliable and job-related manner.
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Candidate background checks
We provide background checks and employee screening services to help our clients keep their organisation safe and profitable by protecting against the numerous pitfalls caused by unqualified, unethical, dangerous or criminal employees.

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Capital markets
If you’re buying or selling financial securities, you want corporate finance specialists experienced in international capital markets on your side.
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Corporate simplification
Corporate simplification
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Expert witness
Expert witness
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Family office services
Family office services
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Financial models
Financial models
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Forensic Advisory
Investigations
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Independent business review
Does your company need a health check? Grant Thornton’s expert team can help you get to the heart of your issues to drive sustainable growth.
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Mergers & acquisitions
Mergers & acquisitions
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Operational advisory
Grant Thornton’s operational advisory specialists can help you realise your full potential for growth.
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Raising finance
Raising finance
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Restructuring & turnaround
Grant Thornton can help with financial restructuring and turnaround projects, including managing stakeholders and developing platforms for growth.
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Risk management
Risk management
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Transaction advisory
Transaction advisory
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Valuations
Valuations
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Management consulting
Every business faces unique and complex challenges. Challenges are specific and solutions do not translate perfectly from one business to another, which is why you told us you want a fully customised approach to professional services.
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Strategic insourcing
From time to time, companies find themselves looking for temporary accounting resources. Often this is because of staff leaving, pressures at month-end and quarter-end, or specific short-term projects the company is undertaking.
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International tax
With experts working in more than 130 countries, Grant Thornton can help you navigate complex tax laws across multiple jurisdictions.
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Licensing and incentives application services
Licensing and incentives application services
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Transfer pricing
If your company operates in more than one country, transfer pricing affects you. Grant Thornton’s experts can help you manage this complex and critical area.
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Global mobility services
Employing foreign people in Australia, or sending Australian people offshore, both add complexity to your tax obligations and benefits – and we can guide you through them.
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Tax compliance and tax due diligence review services
Tax compliance
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Value-Added Tax
Value-Added Tax
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Customs and Trade
Customs and Trade
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Service Line
グラントソントン・タイランド サービスライン
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Strategic outsourcing
At Grant Thornton we have experience and skilled teams that can help you with every aspect of Outsourcing from large Shared Service Centres through to small payroll requirements. We can even help you staff-up with temporary resources during busy periods.
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BUSINESS PROCESS SOLUTION Practical Preparation for PDPA ComplianceOrganisations must effectively assess their personal information collection and use practices to comply with Thailand’s Personal Data Protection Act.
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TAX AND LEGAL Complying with the PDPA – A Balancing ActOrganisations must be aware of the circumstances in which they are allowed to collect data to comply with Thailand’s Personal Data Protection Act.
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CONVERSATIONS IN BUSINESS Turning Challenges into Opportunities: How Businesses in Thailand Can Succeed in 2020Despite the challenges facing the Thai economy, businesses in Thailand can succeed in 2020 by reducing overheads, conserving cash, improving efficiency of internal structures, and focusing on customer service.
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BUSINESS PROCESS SOLUTION Mystery shopping: A pathway to quality, consistency, and adaptationMystery shopping allows companies to identify and correct friction points by gathering data on the standard of service and customer experiences in each branch.
Optimising Cash Flow and Profitability in Manufacturing Organisations
For many manufacturers, cash flow is the limiting factor that determines how many new business opportunities they are able to pursue, and how ambitious their strategy can be as they plan for the future.
The demands of Industry 4.0 require data-driven management both inside and outside the factory, requiring continuous capital investment to keep pace with a fast-moving business environment. Pricing pressures add to the challenge, reducing margins even as customer demands increase ever more quickly. Even the most forward-thinking manufacturers will have trouble staying ahead of the curve if they cannot access enough internal cash flow to keep the wheels of innovation turning.
Yet cash flow turns out to be a far more complex variable than it first appears. Its relationship to the cost of doing business is evident, but many businesses make the mistake of measuring cost in a one-dimensional way. It is a fallacy to equate cost with the monetary price paid for any given item or service. The true cost of a product or service includes its opportunity cost as well, together with all of the direct and indirect overheads that must be factored into the equation.
If a product sells slowly, the seller must pay a price for holding excess stock. If a customer requests a rare item, your procurement team must spend time and effort tracking it down. Customers that buy less but pay on time may indeed be worth more to you than customers that buy more but make a habit out of paying late. All of these concerns inevitably relate to your operational cash flow, and therefore also affect your business’s ability to re-invest earnings into future projects and strategies.
Although such considerations may seem intuitive once they are spelled out, a full accounting of all the relevant variables – also factoring in the time spent to procure materials or research, develop, and design a given product, for example – remains elusive to a large proportion of manufacturers. In our recent seminar focusing on optimising cash flow for manufacturing companies in Thailand, we conducted a live polling on working capital optimization and of the businesses we queried, fully 50% admitted that they did not know the ‘true cost’ of their products when measured in this way.
The treasure hidden away in your data
Data analysis can review and compare several streams of information at the same time, isolating which kinds of products sell more quickly, and who the customers are for these products. These insights can help you streamline your portfolio, reducing inventory costs and shortening the cash conversion cycle. When that happens, your business can free up more of its capital to expand and improve its offerings.
By analysing costs at a product, customer, and supplier level, it at last becomes possible to know the true cost of each relationship. This understanding in turn lets you track the performance of your current business model, so that you can refine and optimise it. Data analysis, in short, lets you go back to your customers and suppliers, and re-negotiate from a position of strategic clarity.
This type of holistic view also lets you resolve conflicting priorities across revenue, profit, and cash flow, while viewing each variable independently when needed. For example, when a manufacturer decides to expand its product range, its efforts will inevitably have an impact on cash and profit – but these decisions are too often made with a pure revenue mindset. Current and historical data can be invaluable when determining lead times, production plans, and other key operational tasks.
By keeping the right focus on cash and profit, a business can reduce wasted resources and focus its efforts on the true keys to growth. This approach will result in better informed strategic decisions, also opening the door to more practical relationships with customers and suppliers. Greater liquidity will soon be within reach, allowing the company to pursue a greater number of new opportunities to stay ahead of a rapidly evolving market economy.