Insights

This publication provides a high-level summary of recent changes to IFRS that will affect companies' future financial reporting. Changes are colour coded to help Chief Financial Officers identify the changes that will affect them most.

Drawing on data and insight from the Grant Thornton IBR, the Economist Intelligence Unit and the International Monetary Fund (IMF), this short report considers the outlook for the Thai economy, including the expectations of 200 business leaders interviewed in Thailand and more than 10,000 globally, over the past 12 months.

Private equity has always focused on creating value and helping promote growth in portfolio companies. Since the industry began, private equity firms have tried many ways to meet this ultimate objective – and with varying success. Now, post the global financial crisis, the question being asked more than ever is: how can private equity deliver its value-added promises?

Global tax newsletter is designed to keep you up to date with significant tax developments around the world that impact businesses with cross-border operations. It addresses issues of a global nature as well as domestic tax developments of interest to foreign investors. The newsletter aims to cover tax developments on a regional and international basis.

Recession, economic uncertainty, and market volatility have forced many miners out of the industry and brought others to the point of insolvency.

Grant Thornton looks at the potential impact of IFRS 15 'Revenue from Contracts with Customers' for revenue recognition in the life sciences industry.

Over the last few years, ask an economist where to look for growth and the answer would usually be the emerging markets. Now, though, with renewed optimism in Japan the UK, and US , should we be looking to the developed economies for new opportunities?

New research shows that rising optimism in Quebec is feeding into brighter business growth prospects but that bureaucracy is constraining those very same growth plans. The results from Grant Thornton’s International Business Report (IBR), a survey of 2,500 senior executives in 34 economies, reveals that despite the roadblocks, businesses in Quebec are focused on incentivising productivity improvement and enhancing sales force effectiveness in a bid to boost growth over the next 12 months.

With momentum building towards the UN Climate Change Conference in Peru, new figures from IBR reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets.

IFRS 9 fundamentally rewrites the accounting rules for financial instruments, introducing a new approach for financial asset classification and replacing the now discredited incurred loss impairment model with a more forward-looking expected loss model. All in addition to the major new requirements on hedge accounting that we reported on at the end of 2013. This special edition of IFRS News outlines the new Standard’s requirements, and the benefits and challenges that it will bring.

Investor calls for transparency and the rise of social media have thrust the impact businesses have on the economy, the environment and society more firmly into the spotlight. Drawing on more than 2,500 interviews with business leaders in 34 economies, Corporate Social Responsibility: beyond financials, looks at how companies are responding to this challenge; how they are making their operations more sustainable and what role they feel integrated reporting can play.

Grant Thornton looks at the potential impact of IFRS 15 'Revenue from Contracts with Customers' for revenue recognition in the software and cloud services industries.