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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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ESG advisory
We help solve issues related to the environment, social capital, employees, business model and good management practices.
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ESG audit
Our auditors review and certify sustainability reports in line with international standards.
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Sustainable investments
We help investors conduct analysis of companies they’re interested in, examining environmental topics, corporate social responsibility and good governance practices.
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Sustainable tax behaviour
Our international taxation specialists define the concept of sustainable tax behaviour and offer services for sustainable tax practices.
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ESG manager service
Your company doesn’t necessarily need an in-house ESG manager. This role can also be outsourced as a service.
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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!
The sustainability mindset is making inroads around the world and having an increasing influence on business and organisations.
Today both financial and non-financial data, including management culture and environmental and social issues, are examined carefully when assessing the long-term value of companies. Sustainability is thus critical to achieving long-term profitability for a business.
Send us your inquiry
We recognise the critical role of sustainability for long-term profitability. Our devoted team offers expert advice and assists clients in Estonia and at the international level.
We focus on environmental (E), social (S) as well as governance aspects (G).
We don’t sell ready-made service solutions. Instead, we work out solutions based on your organisation’s particularities and needs. The key words are “forthcoming” and “flexible”!
Sustainability
Sustainability means conducting activities and making decisions in a way that lets future generations meet their needs just as successfully as the current generation. Sustainability comprises three main elements.
- Environmental – preserving natural resources and ecosystems and countering climate change.
- Economic – long-term economic growth and social welfare that doesn’t harm the environment or society.
- Social – promoting communities, human rights and social well-being.
Sustainability is broadly directed at finding a long-term balance in all walks of life and generating benefits to society. Social development includes global targets such as the UN’s Sustainable Development Goals (SDG).
ESG
ESG is a framework for evaluating a company’s activities in the context of environmental, social and governance topics. ESG focuses on specific factors that directly impact the functioning of companies and investment decisions.
- Environmental – the company’s impact on the environment (e.g. carbon emissions, energy and water use, and waste reduction).
- Social – the company’s relations with employees, communities and stakeholders (e.g. work conditions, diversity, employees’ rights).
- Governance – management procedures and ethics (e.g. independence of the management board, anti-corruption measures, transparency, regulatory compliance).
Differences between sustainability and ESG
- Sustainability is a broader concept that includes all areas related to the balanced development of society and the environment. Its goal is to support long-term economic and social well-being, ensuring the sustainability of natural and human resources. From the standpoint of a business, sustainability means how the main activity of the business contributes to society and how problems are alleviated and solved.
- ESG is a specific framework and management model used by companies and investors to assess and measure the impact organisations have on the environment, society and governance. Above all, ESG is a set of business activity and investing values and boils down to specific parameters that may influence the company’s financial condition and reputation.
In short, sustainability is a broad goal, while ESG is a practical tool and framework that helps to measure and manage that goal at the level of business activity and investment.
Send us your inquirySustainable business ensured by strategizing
We offer specialised services and integral solutions in the field of sustainability. Small, medium-sized and large organisations all receive service in the same professional, forthcoming and flexible manner.
A sustainable mindset makes it easier to:
- attract talented employees
- draw customers
- win the trust of investors
- achieve owners’ satisfaction
- retain long-term and good relationships with suppliers
- comply with state and local rules and regulations
- maintain good relations with the media
Why choose Grant Thornton Baltic’s sustainability services?
We have years of experience helping businesses in developing strategies, reporting and auditing. As a full-service consultancy, we perform top-flight sustainability and impact analyses. We help identify and mitigate risks and recognise opportunities in companies’ business activity to ensure long-term and sustainable development. Naturally we also undergo and implement ESG processes ourselves and embody the same values.
Sense of security / consistent support
For us, project management from start to finish is very important to give you a sense of security. Our advice is based on close cooperation with your business, providing guidance in development strategy and reporting.
Need-based approach
We staff our advisory team based on your business model and your company's specific needs. Our project managers have relevant specialised knowledge for developing effective, beneficial and high-quality projects.
Long-term support and cooperation
We help you create a structure to keep sustainability in the focus. We provide support with activity plans for continuing work and implementation and offer support over a long period.
Financial perspective
We have comprehensive knowledge of the financial sector and understand how sustainability ties in with financial risks and opportunities.
The latest information about the sector
Our sustainability experts who perform review engagements and audits are members of the Auditors’ Association working group engaged in sustainable reporting and methodologies. That helps us to ensure that your reporting complies with all of the requirements.
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