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It’s often said that the only constant is change. The team at Grant Thornton Baltic knows this well – the work of accountants, auditors, and advisors is continuously evolving due to technological progress and ever-stricter regulatory requirements. But how can leaders manage change so that it truly bears fruit?

In the last year, the volume of assets and sales income of many companies have increased, but this has not necessarily resulted from the increase in the volume of operations, but from inflation. Therefore, these companies have exceeded the threshold of the auditing obligation, and due to the previous large volume of work, the auditors have also had to leave many clients at the door.

KJK BLTK Holding OÜ, the majority shareholder of Baltika, wished to carry out a valuation for the purpose of deciding whether to make a takeover offer to minority shareholders.

Since 2003, the international network of business consultancies Grant Thornton has conducted an annual study to determine what percentage of seats on senior management is filled by women.

In our new videos, you can learn about Grant Thornton Baltic's main areas of activity - accounting, auditing and advisory - as well as our culture: yes, we are not dry numbers people, but we appreciate humor, and we are helpful and solution-seeking with both clients and colleagues.

In every crisis, an optimistic view of the future should be combined with a bulletproof crisis plan that helps a business navigate the worst situations. A few simple tips help build a working strategy, said several experienced practitioners who were guests on the Äripäev business daily’s radio programme “Kasvukursil”.

Autumn is a good time to analyse your company’s financial results for the previous financial year and determine whether you are the subject to have the annual report audited or reviewed. A convenient way to find out whether a company is subject to an audit or review requirement (the criteria are revenue, asset volume and number of employees) is the audit calculator.

The international business advisory network Grant Thornton has been conducting research on this topic for 17 years, and the results show that the number of female executives has gradually grown each year, but this year’s study revealed that only 31% of executives around the world are female.

Grant Thornton is now third in the rankings of auditing firms. Interview with Grant Thornton Baltic's Managing Partner Mati Nõmmiste.

The Covid-19 crisis has undoubtedly disrupted the equilibrium model of the world economy, as well as on the micro-level the equilibriums of many businesses. Whether your company will exit this crisis alive or even stronger will depend on your ability to rethink the strategic position and business model in the context of the new normal that is still yet to unfold.

Last year was a very successful one for Grant Thornton Baltic – total revenue in Estonia, Latvia and Lithuania grew by 15.1%, reaching 9.3 million euros. The company was able to grow the volumes of all of its services, from accounting and auditing to business advisory and risk management services.

Though analysts consider the agricultural sector as having high potential for the next year, their optimism doesn’t always pan out. Farmers have to expend effort and cooperate to overcome challenges, as a radio programme produced by the Äripäev business daily, “Kasvukursil” revealed.

Spring is an appropriate time to talk about ice starting to break up. In this article, however, the ice means women, and the perspective is that the share of women in top management of the world’s companies is finally seeing brisk growth.

World economic growth is slowing and it’s clear that this year will not be as good a year in the global economy as was last year. The results of a recent study show that companies' optimism regarding business success is slipping.

This year is the point where the economy peaked – it can’t get any better. We already see economic growth tapering off in Estonia, the EU and elsewhere. But will we lose our footing as we slide downhill or will we be able to softly glissade down the easy slopes?

In the last few decades, the topic of female executives has received consistent attention in the industrialised West.