Innovation-changing audit: Better, faster, more efficient
With a transition to the Audit of the Future, emerging technologies such as Robotic Process Automation, artificial intelligence and data analytics will allow today’s auditors to deliver efficient, high-quality audits. Smarter, technology-driven audits will help generate deeper insights to help today’s businesses make better strategic decisions. Technologies such as data analytics and robotic process automation help streamline the audit process to improve overall data quality. Watch the video to learn compelling insights from Grant Thornton’s Brian Wolohan, national partner, Audit Innovation and Strategy; Jeff Burgess, national managing partner, Audit Services; and Trent Gazzaway, national managing partner, Quality and Innovation.
How We Can Help You
Financial Statement Audit
Our clients plan their futures with confidence, fully informed by an audit they can trust. Our professionals have deep experience and strong industry expertise and perform audits of companies across the globe. We champion integrity, excellence and responsibility while delivering your audit with speed and efficiency, reducing the audit burden on management. And through an innovative approach incorporating advanced technology and data analytics, we provide value-added insights that can help you improve your business.
Strategic Assurance & SOC Services
Our assurance professionals assist organizations in building trust in their services by assessing needs and advising them on leading practices to satisfy compliance and reporting mandates, including System and Organization Controls (SOC) reports and other assurance services. We use a “test once, apply many” approach and our leading-edge SOC services automation product — SOC.x — to drive efficiencies and enhance an organization’s compliance process. We can help you determine which attestation reports and/or certifications meet your needs.
Employee Benefit Plan Audit
While the daily operations of benefit plans are handled by internal departments and third-party providers, the fiduciary responsibilities must be carried out by plan officers who often need assistance with the complexities. We can be your guides. Along with high-quality, efficient audits, we offer assessments and perspectives for recognizing opportunities and avoiding risk. In serving our clients, we dedicate ourselves to learning about their business, and our services are tailored to address unique as well as common industry challenges.
Digital Assets
Blockchain, digital assets and Web3 offer a world of opportunities, but adopters face uncertainty and challenges. Grant Thornton can help overcome these obstacles. From the design of your operations and controls to investigations, accounting support, tax compliance, structured services, and audit and attest offerings, we have an extensive track record serving the industry. Our solutions also include audit, regulatory compliance, forensics, risk and M&A advisory services. Our professionals are ready to take you from strategy to execution, safely and quickly.
Accessing Capital Market
When going public, you need to focus on growth and operations while navigating legal, banking, audit and regulatory hurdles. Are you ready for the reporting demands of a public company? Will your growth strategy resonate with potential investors? Will your tax strategy minimize value leakage? Are your internal controls ready to be certified by management and auditors? Can your IT infrastructure support your growth, reporting requirements and controls? Our professionals have collectively marketed, allocated and priced more than 1,000 equity offerings, and we can help you get it right.
ESG
Our environmental, social and governance (ESG) offerings support businesses in understanding the ESG landscape, risk mitigation and proactive business model transformation. ESG issues are front and center for investors, executives, audit committees and boards. With customers and employees also keeping tabs on ESG topics and the SEC focused on ESG — in particular how to regulate climate reporting — the imperative is pressing. We can help your organization navigate the complex ESG domain to use insights and drive growth to new frontiers.
Audit Leaders In The Media
See what Grant Thornton has to say in leading publications
“Even if [CSRD climate reporting] is not something that’s directly impacting you by regulation, I think there’s still so many companies that are going to be subject to this because of that value chain reporting requirement.”
"Boards need to make sure management’s AI initiatives are grounded appropriately and have flexibility within their structures to accommodate changes that might occur through M&A or other shifts in the environment.”
“Many entities are reporting ESG and sustainability information voluntarily to provide their stakeholders with a greater understanding of their values and how they operate. The voluntary reports are helping stakeholders understand what’s important beyond just the bottom line.”
“We’re focused on delivering insights to our clients using the data we gather during the audit that identify opportunities for operational improvements, cost reduction and value creation.”
About Grant Thornton
At Grant Thornton, we believe in making business more personal and building trust into every result. We’re collaborators – obsessed with quality and ready for anything – who understand the value of strong relationships. We challenge the expectations of business. And we can help you do the same. Our advisory teams tackle challenges alongside you, designing fresh solutions with a balance of scale, skill and service you’ll only find here.
