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Insights

GDPR Processing of personal data in employment relations
A year has passed since the General Data Protection Regulation (GDPR) entered into force on 25 May 2018. The main purpose of the regulation is to give individuals more control over what data about them is processed. The GDPR also applies to employment relations where the employer processes personal data of employees.
IFRS Change in recognition of operating lease agreements in accounting
Companies that follow IFRS accounting standards were required to make the transition to recognizing and accounting for operating lease agreements according to new principles at the latest starting from reporting periods commencing on 1 January 2019.
Leadership The CFO as the company’s digital innovation leader
The technology-centred, open economy is changing at light speed and finding a sustainable competitive edge is an ever sterner test for the business community. Clients and data are becoming companies’ most important assets. This in turn has significantly redefined the role and area of responsibility of the chief financial officer.
Assurance Why is it a good idea to have your company’s financial statements audited?
For several years now, new thresholds have been in force for auditing annual reports, which exempted many companies from the obligation to have their annual reports audited. From the company’s viewpoint, it may seem a good solution to be rid of the audit or review obligation: less work and financial expense. Yet the other side of the coin should be considered – what do the company and the public have to lose?
Strategy Time to set goals and compile a budget
Although planning and goal-setting takes place both in the long term and monthly (or at least quarterly) basis, the question becomes an urgent one for management at a time when the next year’s goals and action plans have to be drawn up. Budgeting is very closely connected to strategic planning. Through this manner, accountants and financial analysts have a direct role in the organisation’s development.
Cyber security Why are companies still taking the phishing bait?
Although technology has an important role in preventing cyber attacks, companies are neglecting an equally important means of preventing cyber threats from realising: their employees. The results of a recent study by Grant Thornton showed that the weakest link of cyber defence was overreliance on technology to protect personal data.
Company set up in Estonia The return of a contribution upon founding a private limited company
A private limited company in Estonia can be founded with or without making a contribution. Only individuals have the option of starting a company without making the contribution. Legal persons setting up a private limited company must always make a contribution, either monetary or non-monetary.
Experience
Case Study

Grant Thornton Baltic advised investors who acquired ISS Estonia

Our news

18 Oct 2019

Grant Thornton Eesti Põllumajanduse Aastanäitusel 2019

Grant Thornton osaleb 31. oktoobril ja 1. novembril toimuval põllumeeste 2019. aasta suursündmusel Eesti Põllumajanduse Aastanäitus (EPA) Eesti Rahva Muuseumis.

20 Sep 2019

Growing Together in the Community 2019

Grant Thornton Estonia to help Estonian families in difficulties together with a local charity organization Aarete Laegas MTÜ as part of the Grant Thornton global corporate social responsibility event on 19-20 september.

23 Aug 2019

Grant Thornton Baltic 15 years in Tartu

This year we have again reason to eat birthday cake: It is the 15th anniversary of the opening of Grant Thornton Baltic’s Tartu office.

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