Our Brexit Advisory team offer insight and guidance surrounding impacts and opportunities that Brexit has created for organisations.
We offer a dedicated team of experienced individuals with a focus on successfully executing transactions for corporates and financial institutions. We offer an integrated approach, with our corporate finance specialists working seamlessly with tax and other specialists to ensure that every angle is covered.
Grant Thornton offers solutions to the digital risk issues you are sure to face. Our skilled and experienced security team can helping by advising and consulting, giving you peace of mind, clear value for money and an enhanced ability to react to attacks.
Our all-island Economics Advisory team combines expertise in economics and business with a wealth of experience across the public and private sectors.
Grant Thornton are the leading provider of eDiscovery services in the country and have been for years. Our incident response team managed the electronic discovery in the largest eDiscovery in Irish history.
Forensic and Investigation Services
We have a different way of doing business by delivering real insight through a combination of technical rigour, commercial experience and intuitive judgment. We take pride in delivering responsive and tailored solutions to all our clients, capitalising on the wealth of experience housed within our Belfast and wider Forensics team
People and Change Consulting
The Grant Thornton People & Change Consulting practice works with clients on these issues as well as on all aspects of how they attract, retain, engage develop, deploy and lead their people.
We work with a wide variety of clients and stakeholders such as high street banks, private equity funds, directors, government agencies and creditors to implement solutions which provide the best possible outcomes.
Corporate and International tax
Northern Ireland businesses face further challenges as they operate in the only part of the UK that has a land border with a country offering a lower tax rate.
Our team specialises in remuneration and incentive planning and works closely with employers, shareholders and employees to ensure that business strategies are aligned and goals achieved in the most tax efficient, cost-effective manner.
Entrepreneur and private client taxes
Our team of experienced advisors are on hand to guide you through any decision or transaction ranging from the establishment of new business ventures, to realising value on exit, to succession planning and providing for loved ones.
Global Mobility Services
Grant Thornton offer a different approach to managing global mobility. We have brought together specialists from our tax, global payroll, people and change and financial accounting teams across Ireland and Northern Ireland, while drawing on the knowledge and insights of our global network of over 143 offices of mobility professionals to provide you with a holistic approach to managing global mobility.
Our outsourced service provides valued service to over 150 separate PAYE schemes. These ranging from 1 to 1000 employees, working for micro, SME and global employers. The service is supported by the integrated network of tax and global mobility teams and the wider Grant Thornton network delivering a seamless service. Experienced staff deliver a personal service built around your business needs.
Tax Disputes and Investigations
Our Tax Disputes and Investigation team is made up of tax experts and former HMRC investigators who have years of experience in dealing with a variety of tax investigations. Our expertise and insight can guide you through all interactions, keeping your cost at a minimum while allowing you to continue with the day to day running of your business.
VAT and Indirect taxes
At Grant Thornton (NI) LLP, our team helps Northern Ireland businesses manage their UK and global indirect tax risks which, as transactional taxes, can quickly become big liabilities.
Subscribe to our mailing list
Update your subscriptions for Grant Thornton publications and events.
That is the stark reality for organisations across the UK and beyond that are failing to adequately safeguard against employees defrauding the company they work for.
There is a vast range of matters that could constitute internal fraud, from the minor theft of assets or inflated expense claims right up to major diversion of funds, accounting frauds or the exploitation of payroll or client data.
A recently published report by the Association of Certified Fraud Examiners (ACFE) laid bare the issue.
It found around half of all cases that occurred were due to a lack of internal controls and took place despite ample warning signs – an incredible 85 per cent of perpetrators displayed at least one behavioural red flag.
That could be a sudden change in lifestyle, a history of debt, replacing suppliers with organisations they have a connection with or showing an unwillingness to share duties, for example.
While businesses will of course vet new recruits before they begin work, very few of those found have committed fraud within their own organisation had previously been convicted – just 6 per cent.
The risk is real – there were 250 reports of internal fraud to the Northern Ireland Audit Office from 2018 to 2021, with the dangers seemingly increasing since the onset of COVID.
Dealing with fraud requires detailed investigation by those with adequate professional expertise in the matter, which may mean bringing in external advisers.
Considerations include whether the fraud is time sensitive – it may be ongoing, in the past or linked to an upcoming event.
You may wish for the investigation to be carried out covertly or in full knowledge of everyone in the organisation. If trying to keep knowledge of the investigation to a minimum, who should be brought into the circle of trust?
This calls into the question the integrity and objectivity of those ‘in the loop’ – an important consideration also for those carrying out the investigation itself.
Most important of all however is evidence as, of course, no wrongdoing can be proven without it.
Investigators need to consider where the evidence is, is it in hard copy or is it on an electronic device. Regardless of where it is, who owns it and is it accessible?
Once the evidence has been collected, it will require analysis in order to be meaningful, and its findings communicated.
The fallout to your organisation of internal fraud could be considerable.
Financial loss is obvious, but the damage can also be to the reputation of the business, while internally, staff morale can be impacted while a loss of trust within the organisation can have far reaching consequences.
That’s not to mention the financial penalties your organisation could face from regulatory authorities where the fraud relates to a data breach.
Preparation is key, either safeguarding your business from sustaining fraud in the future – or gathering evidence for an ongoing case.
Doing so with caution and attention to detail can help avoid a scenario in which you’re left counting the cost of internal fraud.