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Other audit services
We help clients with the application and use of foreign financial aid of EU and other funds and help prepare financial reports.
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Audit calculator
The calculator will answer if the company's sales revenue, assets or number of employees exceed the limit of an inspection or audit.
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Payroll and related services
We perform payroll accounting for companies whether they employ a few or hundreds of employees.
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Tax accounting
Grant Thornton Baltic's experienced tax specialists support accountants and offer reasonable and practical solutions.
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Reporting
We prepare annual reports in a timely manner. We help to prepare management reports and various mandatory reports.
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Consolidation of financial statements
Our experienced accountants and advisors help you prepare consolidation tables and make the consolidation process more efficient.
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Consultancy and temporary staff
Our experienced specialists advise on more complex accounting transactions, rectify poor historic accounting, and offer the temporary replacement of an accountant.
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Outsourced CFO service
Our CFO service is suitable for companies of all sizes and in all industries. We offer services to our clients in the required amount and competences.
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Assessment of accounting processes
We help companies to implement accounting practices that are in compliance with local and international standards.
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Accounting services for small businesses
We offer affordable service for small businesses. We help organize processes as smartly and cost-effectively as possible.
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Cryptocurrency accounting
We keep up with blockchain technology to serve and advise crypto companies. We are supported by a network of colleagues in 130 countries.
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Trainings and seminars
Our accountants have experience in all matters related to accounting and reporting. We offer our clients professional training according to their needs.
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Business advisory
We offer legal support to both start-ups and expanding companies, making sure that all legal steps are well thought out in detail.
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Fintech advisory
Our specialists advise payment institutions, virtual currency service providers and financial institutions.
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Corporate advisory
We advise on legal, tax and financial matters necessary for better management of the company's legal or organizational structure.
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Transaction advisory
We provide advice in all aspects of the transaction process.
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Legal due diligence
We thoroughly analyze the internal documents, legal relations, and business compliance of the company to be merged or acquired.
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In-house lawyer service
The service is intended for entrepreneurs who are looking for a reliable partner to solve the company's day-to-day legal issues.
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The contact person service
We offer a contact person service to Estonian companies with a board located abroad.
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Training
We organize both public trainings and tailor made trainings ordered by clients on current legal and tax issues.
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Whistleblower channel
At Grant Thornton Baltic, we believe that a well-designed and effective reporting channel is an efficient way of achieving trustworthiness.
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Business model or strategy renewal
In order to be successful, every company, regardless of the size of the organization, must have a clear strategy, ie know where the whole team is heading.
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Marketing and brand strategy; creation and updating of the client management system
We support you in updating your marketing and brand strategy and customer management system, so that you can adapt in this time of rapid changes.
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Coaching and development support
A good organizational culture is like a trump card for a company. We guide you how to collect trump cards!
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Digital services
Today, the question is not whether to digitize, but how to do it. We help you develop and implement smart digital solutions.
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Sales organisation development
Our mission is to improve our customers' business results by choosing the right focuses and providing a clear and systematic path to a solution.
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Business plan development
A good business plan is a guide and management tool for an entrepreneur, a source of information for financial institutions and potential investors to make financial decisions.
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Due diligence
We perform due diligence so that investors can get a thorough overview of the company before the planned purchase transaction.
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Mergers and acquisitions
We provide advice in all aspects of the transaction process.
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Valuation services
We estimate the company's market value, asset value and other asset groups based on internationally accepted methodology.
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Forensic expert services
Our experienced, nationally recognized forensic experts provide assessments in the economic and financial field.
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Business plans and financial forecasts
The lack of planning and control of cash resources is the reason often given for the failure of many businesses. We help you prepare proper forecasts to reduce business risks.
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Outsourced CFO service
Our CFO service is suitable for companies of all sizes and in all industries. We offer services to our clients in the required amount and competences.
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Reorganization
Our experienced reorganizers offer ways to overcome the company's economic difficulties and restore liquidity in order to manage sustainably in the future.
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Restructuring and reorganisation
We offer individual complete solutions for reorganizing the structure of companies.
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Corporate taxation
We advise on all matters related to corporate taxation.
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Value added tax and other indirect taxes
We have extensive knowledge in the field of VAT, excise duties and customs, both on the national and international level.
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International taxation
We advise on foreign tax systems and international tax regulations, including the requirements of cross-border reporting.
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Transfer pricing
We help plan and document all aspects of a company's transfer pricing strategy.
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Taxation of transactions
We plan the tax consequences of a company's acquisition, transfer, refinancing, restructuring, and listing of bonds or shares.
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Taxation of employees in cross-border operations
An employee of an Estonian company abroad and an employee of a foreign company in Estonia - we advise on tax rules.
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Tax risk audit
We perform a risk audit that helps diagnose and limit tax risks and optimize tax obligations.
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Representing the client in Tax Board
We prevent tax problems and ensure smooth communication with the Tax and Customs Board.
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Taxation of private individuals
We advise individuals on personal income taxation issues and, represent the client in communication with the Tax and Customs Board.
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Pan-Baltic tax system comparison
Our tax specialists have prepared a comparison of the tax systems of the Baltic countries regarding the taxation of companies and individuals.
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Internal audit
We assist you in performing the internal audit function, performing internal audits and advisory work, evaluating governance, and conducting training.
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Internal Audit in the Financial Services Sector
We provide internal audit services to financial sector companies. We can support the creation of an internal audit function already when applying for a sectoral activity license.
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Audit of projects
We conduct audits of projects that have received European Union funds, state aid, foreign aid, or other grants.
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Prevention of money laundering
We help to prepare a money laundering risk assessment and efficient anti-money laundering procedures, conduct internal audits and training.
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Risk assessment and risk management
We advise you on conducting a risk assessment and setting up a risk management system.
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Custom tasks
At the request of the client, we perform audits, inspections and analyzes with a specific purpose and scope.
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External Quality Assessment of the Internal Audit Activity
We conduct an external evaluation of the quality of the internal audit or provide independent assurance on the self-assessment.
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Whistleblowing and reporting misconduct
We can help build the whistleblowing system, from implementation, internal repairs and staff training to the creation of a reporting channel and case management.
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Information security management
We provide you with an information security management service that will optimise resources, give you an overview of the security situation and ensure compliance with the legislation and standards.
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Information security roadmap
We analyse your organisation to understand which standards or regulations apply to your activities, identify any gaps and make proposals to fix them.
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Internal audit of information security
Our specialists help detect and correct information security deficiencies by verifying an organization's compliance with legislation and standards.
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Third party management
Our specialists help reduce the risks associated with using services provided by third parties.
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Information security training
We offer various training and awareness building programmes to ensure that all parties are well aware of the information security requirements, their responsibilities when choosing a service provider and their potential risks.
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Sustainability advisory
We help solve issues related to the environment, social capital, employees, business model and good management practices.
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Sustainability audit
Our auditors review and certify sustainability reports in accordance with international standards.
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Sustainable finance
We help investors to analyze the environmental issues, social responsibility and good management practices of the company of interest.
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Sustainable tax
Our international tax specialists define the concept of sustainable tax behavior and provide services related to sustainable tax behavior.
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Recruitment services – personnel search
We help fill positions in your company with competent and dedicated employees who help realize the company's strategic goals.
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Recruitment support services
Support services help to determine whether the candidates match the company's expectations. The most used support services are candidate testing and evaluation.
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Implementation of human resource management processes
We either assume a full control of the launch of processes related to HR management, or we are a supportive advisory partner for the HR manager.
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Audit of HR management processes
We map the HR management processes and provide an overview of how to assess the health of the organization from the HR management perspective.
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HR Documentation and Operating Model Advisory Services work
We support companies in setting up HR documentation and operational processes with a necessary quality.
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Employee Surveys
We help to carry out goal-oriented and high-quality employee surveys. We analyse the results, make reports, and draw conclusions.
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HR Management outsourcing
We offer both temporary and permanent/long-term HR manager services to companies.
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Digital strategy
We help assess the digital maturity of your organization, create a strategy that matches your needs and capabilities, and develop key metrics.
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Intelligent automation
We aid you in determining your business’ needs and opportunities, as well as model the business processes to provide the best user experience and efficiency.
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Business Intelligence
Our team of experienced business analysts will help you get a grip on your data by mapping and structuring all the data available.
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Cybersecurity
A proactive cyber strategy delivers you peace of mind, allowing you to focus on realising your company’s growth potential.
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Innovation as a Service
On average, one in four projects fails and one in two needs changes. We help manage the innovation of your company's digital solutions!
Finding the most suitable employee is a key goal of any company. In recent years, however, the labor market has moved in a direction where employees also have opportunities to choose an employer. The latter, in turn, must make an effort to provide applicants with a positive candidate experience throughout the recruitment process.
If a company lacks its own HR manager or recruitment specialist, now is not the best time to look for one, because a recruiter is one of the most sought-after and thus most heavily advertised positions on the job market.
Many executives like to take the bull by the horns and post a job listing in some traditional or more modern recruitment portal. Finding good specialists may pose challenges, however, and often the ad may not bring in suitable candidates. In such a case, it’s worth considering leaving the process to professionals.
Many reasons to trust a recruitment partner
Recruitment consultants are experts in their field. They can manage the recruitment process, map key competences and ask the right questions of both new employees and managers looking for the right employee. The outside recruitment consultant directs the company’s recruitment manager’s attention to topics and details that give a precise specification of the vacancy and affect the whole recruitment process, the experiences of the candidates during the process and their decisions to accept the offer.
Both content and form are important for a good job ad
A well-written and designed ad will stand out better for potential candidates and seem inviting. Whether it’s in a hip or conservative style, it can signal the company’s culture. The choice of recruitment channel is also important to get the ad across to suitable employees, capture their attention and encourage them to throw their hat into the ring. As society moves increasingly to being based on knowledge workers, the more carefully we should consider how job ads crafted, since they are marketing texts.
Recruitment takes teamwork
Recruitment is a form of sales and candidate discovery has to be done by the employer, because they are not lining up in a queue behind the door. To do this, the recruitment consultant needs relevant information and sales arguments about both the company and the work. That means the recruiter wants to be up to speed with the field in which they are looking for personnel and the company’s competitors so that they can highlight for the candidates the strengths of the company looking for employee or the possibilities the position offers for growth. The hiring manager is the one who can share information about the profile of their company and the position to be filled.
Recruiters and consultants are observant communicators and good analysts of information. They hear about the factors that influence people’s work motivation and drive the desire to change jobs and map possible arguments and think about the characteristics of the prospective hire, how to best find candidates who match that description, and what might pique candidates’ interest in the work being offered.
An indirect part of recruitment is how the company is covered in the media and what is the renown and image of the recruiting manager or executive.
Just as important as talking about the company’s success stories, financial results and operating profit is how the company talks about its employees’ contribution to achieving results – for example, what it says about this on social media.
Consider the candidate’s schedule
All of us have a schedule for our future; some longer, others shorter term. Finding time to meet with an employer may not always be a priority in a good specialist’s daily schedule. If the candidate is ready to meet, make careful note of the time preferences expressed by the candidate and show that you understand the possible constraints (for example, the candidate cannot make the meeting at the proposed time or there is less time than the employer would like).
The hiring managers must set priorities and find time in their busy schedule to meet with the proposed candidates. If time is found to meet with a candidate of interest only weeks after they first spoke to the recruiter, the candidate may have “cooled off” and no longer interested in meeting. It may also happen that by the time all of the meetings have been held with the candidates, some are no longer looking for a job.
The hiring managers must remember that their task is to continue the sales launched by the recruitment consultant and marketing the employer.
Candidates expect an open, unprejudiced attitude at job interviews
We all have preconceived notions. It’s important to be able to recognize and be aware of them. Each interview is unique and even the weather and the mood of the participants can influence it. But something that is bound to affect an interview is whether the participants have done their homework. If the candidates have been asked for a CV and cover letter, they should be reviewed and recalled before the start of the interview. Before meeting the candidate, run though the interview in your head, because clarity of the process and the interview also transfers to the candidate and shows the recruiter’s professionalism and how well thought through processes are at the company.
The experiences gained through the recruitment process and the emotions that it fosters have an effect of the company’s image and reputation on the job market. It is good practice to thank the candidate for the time they have invested and encourage them to apply for vacancies at the company in future as well. This helps to create and strengthen the positive image of the company and its attractiveness as an employer on the job market.
If all candidates are treated with respect in the recruitment process, then that adds up to a pool of people who are likely to speak positively about the company’s reputation in future.
If you have similar challenges and questions, please contact our specialists.