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Financial administration
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Financial insight
You want to take the right decisions, based on trustworthy and clear management information. You want to have access to all your financial data, 24/7, in order to determine your position and be able to adjust where necessary.
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Global compliance partnering
Outsourced compliance services comprises the total financial compliance of your business, in accounting, financial reporting, payroll, legal and various tax reporting obligations. We can make sure you don’t have to worry.
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Impact House by Grant Thornton
Building sustainability and social impact. That sounds good. But how do you go about it in the complex world of stakeholders, regulations and frameworks and changing demands from clients and society? How do you deal with important issues such as climate change and biodiversity loss?
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Business risk services
Minimize risk, maximize predictability, and execution Good insights help you look further ahead and adapt faster. Whether you require outsourced or co-procured internal audit services and expertise to address a specific technology, cyber or regulatory challenge, we provide a turnkey and reliable solution.
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Cyber risk services
What should I be doing first if my data has been kidnapped? Have I taken the right precautions for protecting my data or am I putting too much effort into just one of the risks? And how do I quickly detect intruders on my network? Good questions! We help you to answer these questions.
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Deal advisory
What will the net proceeds be after the sale? How do I optimise the selling price of my business or the price of one of my business activities?
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Forensic & integrity services
Do you require a fact finding investigation to help assess irregularities? Is it necessary to ascertain facts for litigation purposes?
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Auditing of annual accounts
You are answerable to others, such as shareholders and other stakeholders, with regard to your financial affairs. Financial information must therefore be reliable. What is more, you want to know how far you are progressing towards achieving your goals and what risks may apply.
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IFRS services
Financial reporting in accordance with IFRS is a complex matter. Nowadays, an increasing number of international companies are becoming aware of the rules. But how do you apply them in practice?
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ISAE & SOC Reporting
Our ISAE & SOC Reporting services provide independent and objective reports on the design, implementation and operational effectiveness of controls at service organizations.
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Pre-audit services
Pre-audit services is all about making the company’s entire financial administration ready for checking before the external accountant begins his/her audit of the annual accounts.
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SOx law implementation
The SOx legislation dictates that management is structurally accountable for reporting on the internal control relevant to the financial statements.
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International corporate tax
The Netherlands’ tax regime is highly dynamic. Rules and the administrative courts raise new challenges in fiscal considerations on a nearly daily basis, both nationally and internationally.
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VAT advice
VAT is an exceptionally thorny issue, especially in major national and international activities. Filing cross-border returns, registering or making payments requires specialised knowledge. It is crucial to keep that knowledge up-to-date in order to respond to the dynamics of national and international legislation and regulation.
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Customs
Importing/exporting goods to or from the European Union involves navigating complicated customs formalities. Failure to comply with these requirements usually results in delays. In addition, an excessively high rate of taxation or customs valuation for imports can cost you money.
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Human Capital Services
Do your employees determine the success and growth of your organisation? And are you in need of specialists which you can ask your Human Resources (HR) related questions? Human Resources (HR) related questions? Our HR specialists will assist you in the areas of personnel and payroll administration, labour law and taxation relating to your personnel. We provide you with high-quality personnel and payroll administration, good HR guidance and the right (international) advice as standard. All this, of course, with a focus on the human dimension.
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Innovation & grants
Anyone who runs their own business sets themselves apart from the rest. Anyone who dares stick their neck out distinguishes themselves even more. That can be rather lucrative.
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Tax technology
Driven by tax technology, we help you with your (most important) tax risks. Identify and manage your risks and become in control!
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Transfer pricing
The increased attention for transfer pricing places greater demands on the internal organisation and on reporting.
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Sustainable tax
In this rapidly changing world, it is increasingly important to consider environmental impact (in accordance with ESG), instead of limiting considerations to financial incentives. Multinational companies should review and potentially reconsider their tax strategy due to the constantly evolving social standards
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Pillar Two
On 1 January 2024 the European Union will introduce a new tax law named “Pillar Two”. These new regulations will be applicable to groups with a turnover of more than EUR 750 million.
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Cryptocurrency and digital assets
In the past decade, the utilization of blockchain and its adoption of a distributed ledger have proven their capacity to revolutionize the financial sector, inspiring numerous initiatives from businesses and entrepreneurs.
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Streamlined Global Compliance
Large corporations with a presence in multiple jurisdictions face a number of compliance challenges. Not least of these are the varied and complex reporting and compliance requirements imposed by different countries. To overcome these challenges, Grant Thornton provides a solution to streamline the global compliance process by centralizing the delivery approach.
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Expand into new markets
Do you seek for opportunities in the global business arena? Whether you are about to open a new office in a foreign country or considering an international acquisition, you need certainty of making the right choices for your company. Global expansion isn’t always as simple as it sounds. The good thing is that we’re here to help!
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Expanding your business in the Netherlands
International expansion is an important step. The Netherlands can be your gateway to Europe for doing business abroad. But why you should choose the Netherlands?
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Global contacts
Wherever you choose to do business, you want access to people with the best ideas and critical thinking that will enable you to grow your business at home and abroad.
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Corporate Law
From the general terms and conditions to the legal strategy, these matters need to be watertight. This provides assurance, and therefore peace of mind and room for growth. We will be pro-active and pragmatic in thinking along with you. We always like to look ahead and go the extra mile.
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Employment Law
Small company or large multinational: in any company your people are of the utmost importance for your business. Employment brings with it many issues in many areas and often has legal consequences. For big strategic, but also for more everyday questions about employment law, our lawyers are ready to help you out. Also for questions about international employment law. Do you have your own HR department? We’ll gladly assist them. We deliver bespoke services and are there when you need us.
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Sustainable legal
Sustainability is more than a buzzword - it is the core of our legal advice towards sustainable success. From drafting sustainable contracts, integrating sustainable HR policies and ESG due diligence within our M&A practice to advising on ESG and other (national and international) legislation: we prefer to be pragmatic and proactive in helping your business.
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Maritime sector
How can you continue to be a global leader? The Netherlands depends on innovation. It is our high-quality knowledge which leads the maritime sector to be of world class.
Based on our experiences with various organisations in recent years, we outline five scenarios to be able to work more impact-orientated as a municipality. All scenarios are good. Making a clear choice for one of these scenarios helps you to create clarity and to achieve concrete results.
We briefly describe each scenario, including opportunities and risks, and for which type of municipality this is particularly suitable. Additionally, we offer a practical tip for getting started with each scenario, empowering you to take the next step quickly!
Scenario 1: Start focused and impactful
Focus on one specific programme or project. This allows you to go through the impact management cycle on a manageable scale. This approach provides the perfect opportunity to test and refine impact-orientated work. To do this:
- Clearly define the impact you expect to achieve with the programme or project, including the underlying assumptions. This is your roadmap for a clear research approach.
- Perform a specific and well-defined (first) impact measurement.
- Use the lessons learned from the measurement to adjust and improve the strategy.
Opportunities
- By starting small, you limit the risks.
- The lessons learnt provide a solid basis for expansion.
Risks
- Limited transferability of findings.
- Limited involvement of other programmes.
Suitable for municipalities or departments
- That have not yet widely embraced the added value of impact-orientated working. They, therefore, need a good example.
- Organisations with limited resources.
First step
- Choose a well-defined programme with clear potential for a positive impact and start a pilot.
Scenario 2: Strategic start
This scenario provides a structured approach to realise change, with a focus on strategy and collaboration with partners. To do this:
- Analyse which societal challenges are most pressing in your municipality and determine a focus.
- Identify potential solutions and change strategies with partners.
- Specify (without using detailed policy language) how you can realise change in the coming years.
- Develop subsidy frameworks that direct funding towards jointly agreed-upon impacts.
- Collaborate with partners in measuring and monitoring direct results and impact.
Opportunities
- Promotes closer collaboration with partners.
- Makes impact management a priority.
Risks
- Possibly too top-down.
Need for alignment with existing processes.
Suitable for municipalities or departments
- That want to make a structural change in the way in which they address societal challenges.
- That soon will be working on new strategies/policy frameworks and funding rounds.
First step
- Organise a strategic session with important partners to identify and prioritise the key societal challenges. This session is an excellent opportunity to learn from each other and to strengthen mutual relationships.
Scenario 3: Focus on partners
The underlying idea here is that you start working more impact-orientated in places where it is noticed most by residents of your municipality. This works as follows:
- Start with those that implement your policy (the partners) and engage them in the impact management process.
- Train them in the impact management process. This will empower them to identify areas for improvement and contribute to innovative solutions.
- Use the insights of partners to learn about the jointly realised impact and adjust accordingly.
Opportunities
- Strengthens the engagement of partners and promotes joint responsibility for impact.
- Brings together the world of policy and implementation.
Risk
- Requires significant investments in time and resources to bring partners to a similar level of understanding and capacity.
Suitable for municipalities or departments
- That collaborate extensively with partners.
- Where there is no internal doubt about the value of impact-orientated working.
First step
- Organise workshops on impact-orientated working with implementation teams. These workshops offer an accessible way to inform, enthuse and involve partners in the process.
Scenario 4: Impact deep diving
In this scenario, you will focus on measuring and monitoring impact around specific learning questions. This way you will learn about the impact your municipality is making. In contrast to scenario 1, the focus here is primarily on systematically answering learning questions that arise through research rather than going through the entire impact management cycle. This works as follows:
- Determine together what the learning questions are, and prioritise them.
- Define an approach for each learning question - some questions require larger-scale empirical research; while others can be answered through literature reviews or a few interviews with target groups or experts.
- Allocate responsibilities and get started with answering the questions.
- Once answers are found, discuss them and provide context and interpreation.
- Continue by choosing another learning question to answer!
Opportunities
- Providessolid substantiation of your impact
- This is a scenario where you can quickly shift the focus depending on (political) requirements
Risks
- May involve only a relatively small group of stakeholders.
- This approach contributes, to a lesser extent, to a new way of thinking.
Suitable for municipalities or departments
- That want to improve how they measure, research and evaluate impact in a targeted way, without reviewing their entire way of working.
First step
- Create a list of the learning questions that exist within your municipality or team and select the most urgent ones that you want to answer in the short term.
Scenario 5: training
This approach embeds impact-orientated working in the culture of your municipality: everyone speaks the same language and is aware of the main models of impact-orientated working. This works as follows:
- Determine clearly who needs to be trained (all employees, specific teams, etc.) and what the concrete learning goals of the training are.
- Start by developing a basic training course that includes the core principles and models of impact-orientated working.
- Organise coaching and practical support to put the gained insights into practice.
- Reflect with each other on the lessons learned so that people learn from experiences and the new knowledge becomes part of the standard ways of working.
Opportunities
- Stimulates a shared understanding of impact-orientated working and contributes to culture change.
- Integrates impact thinking into different aspects of work, leading to better decisions and results.
Risks
- The process requires a significant (time) investment from participants.
- Some participants want to go faster/slower than the programme allows.
Suitable for municipalities or departments
- That seek to thoroughly embed impact-orientated working int heir organisation.
- Where management propagates the importance of training and development and creates space for this.
First step
- Start with a pilot training programme for a small and motivated team and refine the approach.
Take the next step quickly!
Explore and evaluate how these scenarios fit within your context. Only then will you make the best choice. Each scenario offers unique advantages and challenges and all scenarios can be a successful route to more impact-orientated working. Of course, no municipality is the same and sometimes a combination of scenarios is the most effective. Our most important tip: dare to make a choice and take that next step! Impact-orientated working helps you make a positive difference for the residents of your municipality.