Welcome to the Field

Women in business

History tells us that the successful companies of today aren't guaranteed to be those of tomorrow. How should companies survive, adapt and thrive? Fundamental to the answer is good corporate governance.

Companies are increasingly focused on high-quality strategic transactions, with less time spent on investigating peripheral opportunities, according to our International Business Report (IBR), a survey of 5,400+ business leaders in 35 economies.

​The European economy, still continuing its economic recovery after the 2008 financial crisis, faces many potential risks. Though varied, they fall into two broad categories. Firstly, a band of social and political pressures which are driving media headlines: a potential ‘Brexit’, the migrant crisis and the continued rise of nationalist sentiment. Secondly, we have economic issues that have been present for a good few years: high unemployment, low inflation and persistently low economic growth.

This publication explains and illustrates key tools companies can use to make their financial statements an effective communcation tool.

This publication explains and illustrates key tools companies can use to make their financial statements an effective communcation tool.

The gender diversity issue has been on the business agenda for many years now, yet a third of businesses still have no women at a senior management level. Somewhere there is a disconnect.

The power of personalisation: Hotels’ roadmap to 2020

This IFRS viewpoint considers the reverse acquisition by a listed shell company.

Grant Thornton International Ltd releases IFRS Viewpoint on Classification of loans with covenants

Common control business combinations

This IFRS Viewpoint considers how a purchaser accounts for discounts and rebates when buying inventory.

When should a purchase of investment property (or properties) be accounted for as a business combination, and when as a simple asset purchase? This is an important issue because the IFRS accounting requirements for a business combination are very different from asset purchases. Distinguishing business combinations and asset purchases can also be challenging for many other types of transaction and judgement is often required. This is particularly the case when investing in assets that generate cash flows on a standalone basis such as retail outlets and hotels. We focus here on investment property but the underlying arguments apply more broadly.

This IFRS viewpoint provides a framework for accounting for loans made by an entity to a related party that are at below-market levels of interest.

Soft power and gut instinct is driving an estimated US$250bn per year in overseas real estate investment, showing that feeling rather than data analysis determines many investment decisions.

In light of growing international interest and scrutiny of corporate practices we set out to explore how three major aspects of governance – the role of culture, board composition and strategic planning – are affecting businesses around the world.