invitation to grow with us
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Grant Thornton GeorgiaWe help dynamic organisations unlock their potential for growth by providing meaningful and actionable advice through a broad range of services
2015
Global Team - Local Feel Grant Thornton International's Worldwide Reach
Over 40,000 staff in 725 offices
in over 130 countries
Grant Thornton International
One of the world's leading accountancy networks of independent assurance, tax & advisory firms
Organization with over 30 years of dynamic growth (founded in 1980) and strong reputation of providing first class professional services
Annual global revenues around $4.7 billion
Global recognition
International Accounting Bulletin announced Grant Thornton as winner of the 2014 "Employer of the Year" for outstanding Global Talent Mobility Programme, Advanced Manager Programme and Leadership Foundation Programme.
Managing Partners' Forum, professional body for value of leadership and management excellence, has named Grant Thornton "Best Managed International Firm", recognising the strength of our global strategy, as well as leading the major global accounting networks in revenue growth for the last two years.
International Accounting Bulletin announced Grant Thornton as "Network of the Year " for our strategic drive, global leadership and remarkable growth around the world.
Grant Thornton differentiators
Key drivers for choosing Grant Thornton:
1. Red carpet client service and better understanding of organizations like yours
2. Personalized relationships with client
3. Seamless transition
4. Unparalleled responsiveness
5. Proactive and timely issue resolution
6. Global coordination and single point of contact locally
7. Business advisors in place outside of the engagement
Grant Thornton’s ratio of member firm Partners to professional staff is 1:10This allows us to provide personal attention, experienced personnel and strong engagement leadership.
The average ratio of Partners to professional staff at the Big Four firms is 1:15This means less experienced service and fewer insights from the in-the-know Partners.
Grant Thornton Georgia at-a-glance
Fast facts as of January 2015
Revenues US$1mln
Personnel 40
Partners 2
Offices 1
Founded in 2005 A Grant Thornton International network firm Setting new benchmarks of service excellence Responsiveness. Differentiation. Quality. We are multi-professional group of public accountants and auditors,
advisers specializing in finance, business and management, as well as tax and legal advisers
We unite experienced international and local professionals working at our office in Tbilisi
We have a track record of servicing local and international clients focusing on health, social, human rights, environmental issues, etc.
Our team
Chartered Certified Accountants (UK certified)
Certified accountants and auditors
Licensed valuators
MBAs, MPPAs
Geography of operationsAssignments in
Georgia Armenia Tajikistan Kyrgyzstan Italy Uzbekistan
France Italy Ukraine Russia Belarus Kazakhstan
We combine the international reach, depth
and expertise of the largest firms with the personal
attention, value for money focus and relationship approach of the smaller firms. This approach has made us the leading firm
with the most trusted business advisors in each
of our chosen markets.
Zviad AkhvledianiManaging Partner
Resources and skills
long term experience in auditing and consulting of large enterprises, projects and publicly listed entities
access to the resources of Grant Thornton International worldwide
solid understanding of the specifics of Georgian economy
experience in working in multinational teams
ACCA members, IFRS, US GAAP, USGAGAS specialists available
ISACA Information Systems Audit and Control Association members - CISA (Certified Information Systems Auditor) and CISM (Certified Information security Manager) qualified specialists
motivated and dedicated staff
flexibility of work arrangements
Registrations
Grant Thornton is registered with • DACON• UN Global Marketplace (UN System)• EBRD - Outside Counsel• EBRD - Direct Investment Facility and other major databases of consultants
Grant Thornton member firms around the world are registered with the PCAOB (Public Company Accounting Oversight Board) that oversees the auditors of US
public companies.
Education and Grant Thornton Georgia
Our staff continuously enrich their qualification and skills through participation in educational and training programs provided by GTI and designed locally.
We extensively cooperate with local universities by organizing lectures and seminars, internship and employment opportunities to distinctive students.
Corporate Social Responsibility
Grant Thornton Georgia has made CSR an integral part of its life. We make our contribution to the community via participating in socially significant events:
Trainings, conferences, expos and other educational activities aimed at supporting the dynamic growth of young professionals
Sponsorships of cultural and sports activities Cleaning and greenery events Marathons for charity
Key service lines
Integrated solutions
Assurance TaxAdvisoryOutsource accounting
Legal and Policy Advice
Operational advisoryTransactional advisory
Dispute management advisory
Assurance
• agreed upon procedures• audit of financial statements prepared according to International Financial
Reporting Standards (IFRS), US GAAP and other financial reporting frameworks
• audit of statutory financial statements • IT assurance framework (ITAF) - information technology auditing standards,
guidelines and procedures (ISACA)• review of financial statements.
As statutory auditors we prepare reports to shareholders as required by the law and attend the annual meetings of shareholders.
Methodology
• GT Horizon and ISAs using GT Voyager
• Requirements of IFRS, US GAAP, IPSAS and other financial reporting frameworks
• ISACA created COBIT (Control Objectives for Information and related Technology).
Advisory
Operational advisory• Business risk services - special attestation services, internal audit, governance
and risk management, risk modelling services• Business consulting services - operational improvement, change and program
management, IT management, business intelligence & analytics
Transactional advisory• Transaction services - M&A advisory, due diligence, valuations, capital markets:
acting as nominated advisory or sponsor• Restructuring and recovery - advisory on corporate restructuring
Dispute management advisory• Forensic investigations - digital forensic services: data analytics.
Tax advisory and Outsource accounting
Tax advisory• Advisory on all aspects of corporate tax strategy development and tax planning,
tax issues arising from formation or acquisition of a company, providing an overview of local and international perspectives.
Outsource accounting• Range of services from set up of accounting systems and regular account
maintenance to provision of interim reviews of the accounts and preparing budgets and monthly or quarterly reports. As accountants we also prepare year-end financial statements and all tax returns and other mandatory reports.
Legal and policy advice
Wide spectrum of corporate legal consultancy, including:
• incorporation and liquidation matters • legal representation• litigation• ad-hoc legal advice• provision of legal opinions• execution of due diligence• structuring deals from a legal viewpoint.
We also provide law drafting services to our clients.
• Quality Assurance and Ethical Polices are implemented through Ethics and Quality Control Manual (EQCM)
• EQCM is constantly updated through regular communications
• Member firms' independence is ensured through automated independence tracking systems
•Audit engagements are subject to Internal Quality Control Reviews as stipulated by GT Internal Engagement Quality Review Policies developed based on GT Methodology and International Standards on Quality Control (ISQC).
Quality control
Our Audit and Consulting Services are... accepted by the projects and entities funded by
World BankUSAID ADBMCC (Millennium Challenge Corporation) EU/ European CommissionEBRD UN AgenciesKFW SIDA
Industries
International Financial Institutions and donor-aided projects financial institutions – national and commercial banks, micro-finance
organizations, insurance companies food and beverages high tech and IT mining diamond cutting construction transportation public utilities telecommunications energy civil aviation hospitality retail agriculture
Industry credentials
national and commercial banks credit organizations and insurance companies publicly listed entities and their subsidiaries funds, NGOs IFI projects (World Bank, ADB, MCC, EBRD, KFW, USAID, SIDA, etc) large private and state owned companies foreign representations, subsidiaries.
Selected credentials Financial institutions
Banks Central Bank of Armenia National Bank of Kyrgyzstan KOR Standard Bank Emporiki Bank Intellect Bank Anelik Bank Areximbank Ardshininvestbank Artsakhbank Converse Bank ACBA Credit Agricole Bank Prometey Bank Mellat Bank
HSBC Bank VTB BTA Armeconombank Armbusinessbank Ararat Bank Unibank Armswissbank Bank Kievskaya Rus Anelik Bank RU Tajprombank Tojiksodirotbank Eskhata Bank
Selected credentials Financial institutions (cont.)Insurance and brokerage companies• Cascade Insurance• Rasco Insurance• Rosgosstrakh • Reso Insurance• London Yerevan Co Ltd • Ingo Armenia• SIL Insurance
Investment, payment and other companies• Renesa• Armenian card• Mobidram
Stock market, depository • NASDAQ/OMX (Stock Exchange, Central
Depository)
Microfinance and Credit organizations• Geo Capital MFO• SEF International UCO • ACBA Leasing UCO • First mortgage company UCO • Fast Credit Capital UCO • Izmirian Eurasia• Aregak UCO• FINCA UCO • Nor Horizon UCO• NORVIK UCO• National mortgage company
Refinancing CO
Selected credentials Telecommunications
• France Telecom Group (Orange)
• K Telecom CJSC (Viva Cell / MTS)
• Armencell
• Intracom (parent is listed at Athens Stock Exchange)
• Alcatel Trade International AG Representation Office – Georgia and Armenia
• Beeline (Armentel)
Selected credentialsOther public and private entities
• Georgian Railway • Georgian Co-Investment Fund• Partnership Fund • Rustavi Azot• Enguri HPP• FC Dinamo Tbilisi• Dinamo Arena• Rustaveli Property• Borjomi Likani International• KMG Service Georgia• AS 24 (TOTAL Group)• Ascott International • Ulaanbaatar Railway • South Caucasus Railway
• Georgian State Electrosystem• Energotrans• Georgian Wines and Spirits• Georgian Resource Company• Geofizyka Krakow• EXALO• FREY WILLE• Ararat Gold Recovery Company • Deno Gold Mining Company • Yerevan Jewellery Plant• Armenian Copper Programme • Glass World• Mining• Nairit Chemical Plant
Selected credentials Other public and private entities (cont.)
• Jermuk International – Pepsi bottler• Iberia Refreshments – Pepsi bottler• Philip Morris Management Services B.V., Representative Office• Castel Sakartvelo • Ashtarak Kat• Euroterm • Yerevan Brandy Company• Pernod Ricard Minsk • Pernod Ricard Ukraine • Pernod Ricard Kazakhstan • Hovnanian International• Armenia International Airports• Tajik Aluminum Company
Selected credentials The World Bank
• Municipal Development Fund of Georgia• Social Investment Fund Project• Education System Strengthening and Realignment Project• Regional and Municipal Infrastructure Development Project • Irrigation and Drainage Community Development Project• Health Sector Development Project• Centre of Enterprises Restructuring Management Assistance (CERMA) • Tbilisi Water Supply and Sanitation Project• Electricity Market Support Project • Khudoni Hydropower Infrastructure Pre-Investment Facility Project
Selected credentialsAsian Development Bank
• Municipal Service Development Project, Georgia• Sustainable Urban Transport Investment Program , Georgia• State Committee on Investments and State Property Management of the
Republic of Tajikistan, Tajikistan• Armenian Roads Directorate Non-Commercial State Organization• Ministry of Natural Resources of Kyrgyz Republic • Investing projects Implementation Unit Building up of Yerevan
Selected credentials Millennium Challenge Corporation
Millennium Challenge Georgia Fund, Georgia
Millennium Challenge Account - Armenia
Selected credentials Non-profit organizations
• Transparency International Georgia • East-West Management Institute • Georgian Research and Development Foundation• Heifer Project International• World Vision• Caucasus Environmental NGOs Network (CENN)• Coalition for Independent Living (CIL)• World Wide Fund (WWF)• GEM Foundation, Italy
Learn more about your career opportunities at Grant Thornton:
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Grant Thornton Georgia61 Aghmashenebeli Ave.Tbilisi 0102, GeorgiaT +995 (322) 604 406F + 995 (322) 604 844E [email protected] www.grantthornton.ge
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