What is IFRS?

A brief introduction to IFRS; its use around the world; implications for businesses thinking about adopting IFRS; and how can we help.

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Audit Partner

Rafael Sánchez

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Local leader Juan Pablo Fernández Contact

Our audit services provide value added and cost efficient solutions combined with a bespoke approach

Our audit team offers both elements. Organisations choosing Grant Thornton for the performance of audits on their financial statements are opting for an internationally recognised firm which upholds the highest professional standards.

Our team of professionals work focusing in providing tailored made solutions for our client needs, applying the Horizon methodology developed by Grant Thornton International which is also employed by the rest of our member firms. With the Horizon approach, our work is focused to those areas with higher perceived risk and on the way they are handled, providing higher efficiency and greater value for our services.

Grant Thornton’s audit services have been designed to help you manage the complex combination of risks, resources and information. Our professionals work alongside your organisation to helo you understand which are the key risks and the way they should be approached successfully. We employ tcutting edge technology in order to provide bespoke services according to the particular needs and circumstances of your business.

Our teams can provide you with innovative assurance services in:

  • financial statements audit according to: local frameworks, IFRS, US – GAAP and other
  • agreed upong audit procedures
  • financial statements review
  • special purpose accounting certifications
  • unaudited financial statements compilations for special purposes
  • compliance review with policies and norms of local and international organisations
  • forecasted financial statements assessment and review
  • compliance with money laundering legislation
  • special purpose accounting reports

Why Grant Thornton?

We have the size, scope, breadth, depth and global reach to serve dynamic organisations around the world. Our teams can provide you with assurance services that deliver real value and support investor confidence.

We coordinate, cooperate and communicate based on our shared global strategy, which ultimately leads to greater consistency and better quality.

A culture of quality

We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet applicable professional standards, we provide observations and insight into the real performance of your business.

We have a dedicated quality monitoring programme that focuses on the six elements of International Standard on Quality Control (ISQC) 1.

Under this program, our audit practice -and the one of all Grant Thornton´s member firms around the world- are subjected to regular quality reviews that help improve the design, implementation and operation of our assurance practice policies. This rigorous approach helps make sure we deliver consistent, quality services for our clients worldwide over the longer term.

A single global audit approach

We use one audit methodology globally, which means we can offer you consistent, high quality services wherever you are in the world.

Our audit methodology, Horizon, features a partner-led process that focuses our audit efforts on those areas of your financial statements that represent the greatest risk.

Horizon also features integrated quality-control processes, including policies and procedures for engagement quality-control review. The Horizon methodology is supported by the Voyager suite: an integrated set of six proprietary software tools.

We continuously evaluate our audit methodology and software applications and update versions annually.

Learn more about our audit methodology.