Other audit services
We help clients with the application and use of foreign financial aid of EU and other funds and help prepare financial reports.
The calculator will answer if the company's sales revenue, assets or number of employees exceed the limit of an inspection or audit.
Payroll and related services
We perform payroll accounting for companies whether they employ a few or hundreds of employees.
Grant Thornton Baltic's experienced tax specialists support accountants and offer reasonable and practical solutions.
We prepare annual reports in a timely manner. We help to prepare management reports and various mandatory reports.
Consolidation of financial statements
Our experienced accountants and advisors help you prepare consolidation tables and make the consolidation process more efficient.
Consultancy and temporary staff
Our experienced specialists advise on more complex accounting transactions, rectify poor historic accounting, and offer the temporary replacement of an accountant.
Our CFO services suit companies where creating a CFO position would not be economically feasible, but professional financial leadership is still needed.
Assessment of accounting processes
We help companies to implement accounting practices that are in compliance with local and international standards.
Accounting services for small businesses
We offer affordable service for small businesses. We help organize processes as smartly and cost-effectively as possible.
We keep up with blockchain technology to serve and advise crypto companies. We are supported by a network of colleagues in 130 countries.
Trainings and seminars
Our accountants have experience in all matters related to accounting and reporting. We offer our clients professional training according to their needs.
We offer legal support to both start-ups and expanding companies, making sure that all legal steps are well thought out in detail.
Our specialists advise payment institutions, virtual currency service providers and financial institutions.
We advise on legal, tax and financial matters necessary for better management of the company's legal or organizational structure.
We provide advice in all aspects of the transaction process.
Legal due diligence
We thoroughly analyze the internal documents, legal relations, and business compliance of the company to be merged or acquired.
In-house lawyer service
The service is intended for entrepreneurs who are looking for a reliable partner to solve the company's day-to-day legal issues.
The contact person service
We offer a contact person service to Estonian companies with a board located abroad.
We organize both public trainings and tailor made trainings ordered by clients on current legal and tax issues.
Business model or strategy renewal
In order to be successful, every company, regardless of the size of the organization, must have a clear strategy, ie know where the whole team is heading.
Marketing and brand strategy; creation and updating of the client management system
We support you in updating your marketing and brand strategy and customer management system, so that you can adapt in this time of rapid changes.
Coaching and development support
A good organizational culture is like a trump card for a company. We guide you how to collect trump cards!
Today, the question is not whether to digitize, but how to do it. We help you develop and implement smart digital solutions.
Sales organisation development
Our mission is to improve our customers' business results by choosing the right focuses and providing a clear and systematic path to a solution.
Business plan development
A good business plan is a guide and management tool for an entrepreneur, a source of information for financial institutions and potential investors to make financial decisions.
We perform due diligence so that investors can get a thorough overview of the company before the planned purchase transaction.
Mergers and acquisitions
We provide advice in all aspects of the transaction process.
We estimate the company's market value, asset value and other asset groups based on internationally accepted methodology.
Forensic expert services
Our experienced, nationally recognized forensic experts provide assessments in the economic and financial field.
Business plans and financial forecasts
The lack of planning and control of cash resources is the reason often given for the failure of many businesses. We help you prepare proper forecasts to reduce business risks.
Business Intelligence and financial management
Analysing and making sense of numbers in financial reports enables a company’s management to identify new prospects of development and growth.
Our experienced reorganizers offer ways to overcome the company's economic difficulties and restore liquidity in order to manage sustainably in the future.
Restructuring and reorganisation
We offer individual complete solutions for reorganizing the structure of companies.
We advise on all matters related to corporate taxation.
Value added tax and other indirect taxes
We have extensive knowledge in the field of VAT, excise duties and customs, both on the national and international level.
We advise on foreign tax systems and international tax regulations, including the requirements of cross-border reporting.
We help plan and document all aspects of a company's transfer pricing strategy.
Taxation of transactions
We plan the tax consequences of a company's acquisition, transfer, refinancing, restructuring, and listing of bonds or shares.
Taxation of employees in cross-border operations
An employee of an Estonian company abroad and an employee of a foreign company in Estonia - we advise on tax rules.
Tax risk audit
We perform a risk audit that helps diagnose and limit tax risks and optimize tax obligations.
Representing the client in Tax Board
We prevent tax problems and ensure smooth communication with the Tax and Customs Board.
Taxation of private individuals
We advise individuals on personal income taxation issues and, represent the client in communication with the Tax and Customs Board.
Pan-Baltic tax system comparison
Our tax specialists have prepared a comparison of the tax systems of the Baltic countries regarding the taxation of companies and individuals.
Recruitment services – personnel search
We help fill positions in your company with competent and dedicated employees who help realize the company's strategic goals.
Recruitment support services
Support services help to determine whether the candidates match the company's expectations. The most used support services are candidate testing and evaluation.
Implementation of human resource management processes
We either assume a full control of the launch of processes related to HR management, or we are a supportive advisory partner for the HR manager.
Audit of HR management processes
We map the HR management processes and provide an overview of how to assess the health of the organization from the HR management perspective.
HR Documentation and Operating Model Advisory Services work
We support companies in setting up HR documentation and operational processes with a necessary quality.
We help to carry out goal-oriented and high-quality employee surveys. We analyse the results, make reports, and draw conclusions.
HR Management outsourcing
We offer both temporary and permanent/long-term HR manager services to companies.
We assist you in performing the internal audit function, performing internal audits and advisory work, evaluating governance, and conducting training.
Internal Audit in the Financial Services Sector
We provide internal audit services to financial sector companies. We can support the creation of an internal audit function already when applying for a sectoral activity license.
Audit of projects
We conduct audits of projects that have received European Union funds, state aid, foreign aid, or other grants.
Prevention of money laundering
We help to prepare a money laundering risk assessment and efficient anti-money laundering procedures, conduct internal audits and training.
Risk assessment and risk management
We advise you on conducting a risk assessment and setting up a risk management system.
At the request of the client, we perform audits, inspections and analyzes with a specific purpose and scope.
External Quality Assessment of the Internal Audit Activity
We conduct an external evaluation of the quality of the internal audit or provide independent assurance on the self-assessment.
Whistleblowing and reporting misconduct
We can help build the whistleblowing system, from implementation, internal repairs and staff training to the creation of a reporting channel and case management.
We help solve issues related to the environment, social capital, employees, business model and good management practices.
Our auditors review and certify sustainability reports in accordance with international standards.
We help investors to analyze the environmental issues, social responsibility and good management practices of the company of interest.
Our international tax specialists define the concept of sustainable tax behavior and provide services related to sustainable tax behavior.
We help assess the digital maturity of your organization, create a strategy that matches your needs and capabilities, and develop key metrics.
We aid you in determining your business’ needs and opportunities, as well as model the business processes to provide the best user experience and efficiency.
Our team of experienced business analysts will help you get a grip on your data by mapping and structuring all the data available.
A proactive cyber strategy delivers you peace of mind, allowing you to focus on realising your company’s growth potential.
Innovation as a Service
On average, one in four projects fails and one in two needs changes. We help manage the innovation of your company's digital solutions!
Audit of financial statements
Audit control is an integral part of each company’s control procedures required for gaining the trust of clients and partners as well as managing the company.
As an independent specialist, the auditor assesses if the financial statements prepared by the company’s management give a true and fair view of the company’s operations. Although the auditor’s opinion on the correctness of the financial statements is primarily used by information users outside the company, during the audit process we add value also to the company’s management. In the course of the audit, this additional value is mainly delivered in the form of the feedback, which highlights the deficiencies identified, proposals for their elimination as well as suggestions for enhancing the efficiency of the accounting system. We present the main findings as a written report.
During the control process, we identify the risk areas, which may cause significant reporting mistakes, and develop audit procedures for these areas. The focus on the important fields enables us to conduct the audit in a more efficient way. The main criteria for choosing an auditor are an auditor’s qualification, trustworthiness, availability and experience. We conduct the audit control procedures in accordance with the international audit standards.
Cooperation with Mati Nõmmist began in the nineties. Our first company Cargobus was successfully launched and SEBE was about to start. We decided to involve Mati Nõmmiste with his company Rimess in building business accounting and financial reporting and auditing business operations. Time has proved this and we look forward to further long-term cooperation.
Chairman of the Management Board of Mootor Grupp AS
Agreed upon procedures
The company’s management or owners may need to control some particular report rows (accounts receivable, net sales, etc.), financial reports (balance sheets, income statements) or accounting field (payroll accounting or other field). In this case, it is possible to agree upon the exact scope of work with the auditor, without ordering a full audit of the annual accounts. As a result of such procedures, the auditor presents a report with a summary of highlights identified.
Procedures prescribed by the Commercial Code
- special control
- opinion on non-monetary contributions’ value control
- opinion on the closing balance and assets’ division plan of a company under liquidation
- opinion on merger and division agreements.
Due diligence is a detailed analysis of business, financial and legal state of a company. As a summary of the analysis, a report is prepared, which provides a comprehensive view on the company.
Consultations and training related to financial accounting topics
We serve clients in Estonian, English and Russian, both orally and in writing.
Our competent auditors have provided services for 15 years. A Baltic’ partner is a managing auditor who is actively participating in the audit process and bears the full responsibility for its planning and conducting.
The services are rendered in co-operation with different departments (corporate finance, tax advisory, financial accounting), which allows offering the best integrated solutions to our clients.
Grant Thornton Baltic has developed significant regional competence in the Baltics and Scandinavian countries.
Priit Haldma, CEO of Estanc AS
We chose Grant Thornton Baltic as our partner because we want to work with a company that provides both certainty and added value for the company's management decisions. In addition to a reliable and professional auditing service, I can always be sure of Grant Thornton Baltic's assistance in accounting, legal and risk management issues. At Estanc, we believe that business relationships at every level are primarily about partnership, and Grant Thornton Baltic is a good example of this.
Kadri Kassmann, Chief Accountant of Hepsor OÜ
There is nothing more certain for an accountant than a cooperative, compassionate and reliable auditor. Hepsor's brief experience with Grant Thornton Baltic confirmed that despite the difficult situation in 2020, when we were all forced to make major changes in work organization, we found a partner in Grant Thornton Baltic that met our expectations.
Our auditors’ work receives top rating
Grant Thornton Baltic’s Estonian audit team received the best possible rating – green level – in the Auditing Activities Oversight Board’s (AJN) regular quality control inspection.
Grant Thornton Baltic’s partner and head of audit services Mart Nõmper said: “AJN’s recognition of Grant Thornton’s audit team is very important for us. In recent years, we have achieved fast growth in the audit sector and maintaining high quality during such periods is always a challenge. But we’ve managed it well!”
Another start-up goes public, with an assist from Grant Thornton Baltic
Grant Thornton Baltic made a contribution to Robus going public, conducting the audit of the company’s financial statements.Read more
Grant Thornton Baltic provides support for Airobot’s public market debut
Grant Thornton Baltic's auditors conducted a financial audit of a producer of high-tech ventilation systems, Airobot Technologies.Read more
Grant Thornton Baltic helps Hepsor to make its stock market debut
Grant Thornton Baltic’s team of more than 10 internal and external specialists audited the IFRS based financial reporting set out in the company’s listing prospectus.Read more
Good work gets deserved recognition
Assuarance and advisory services
The auditors of Grant Thornton Baltic audited the 2020 IFRS annual report of the public interest entity UPP Olaines OÜ consolidation group.Read more
Amserv Grupp AS
Assurance and advisory services
We performed the statutory financial audit for consolidation group of Amserv Grupp AS, which includes several companies in Estonia and Latvia.Read more
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