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An inside look at the Greek energy market: analyze the dual-pillar supply strategy, infrastructure utilization trends, and growing renewable energy penetration.
The current quarterly edition of Grant Thornton Greece publication “IFRS Accounting Standards Quarterly Navigator: Your Financial Reporting Roadmap” is addressed to all businesses preparing Financial Statements in accordance with International Financial Reporting Standards (IFRS).
Among the most defining episodes in this history is the 1973 oil crisis, that reshaped energy policy, economic planning, and international relations.
Introducing innovations such as artificial intelligence into your supply chain takes time and effort but it can help you leapfrog the competition.
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.
The healthcare sector is still experimenting with using big data but, as Anne McGeorge the national managing partner of healthcare at Grant Thornton US shares, it already has plenty to teach us about the benefits and challenges of big data analytics.
Broad reforms in the country’s social security and pension systems were voted for by the Greek Parliament. The approved legislation also introduced amendments in the existing tax system, some of which seem incompatible with the concept of uniform taxation on income derived from the same source. Indicatively, the tax rate applicable to partnerships (with turnover up to €1,5m) is significantly lower (up to 16%) than the relevant rate applicable to self-employed individuals performing the same business activity.
Cities face tough competition for business investment if they are not national capitals. What can they do to put themselves in the running?
Indirect taxation is becoming ever more complicated, varied between jurisdictions and prone to government tinkering. With some of the biggest tax reforms occurring within indirect tax, getting on top of the complexity and change is vital.
Mid-market businesses should feel empowered to ask for better service from their bank, says the Swedish lender that is challenging established global players.
If you don’t want to deal with a communications crisis, make sure your corporate governance procedures are robust enough to prevent it in the first place.
Too many companies are failing to attract women to top positions, even though mixed-gender leadership teams deliver greater profits. How can we tackle this challenge?
IFRS 9 (2014) ‘Financial Instruments’ fundamentally rewrites the accounting rules for financial instruments.
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.
Companies that are comfortable with failure are more nimble, innovative and successful, says John Harmeling, chief marketing officer at Grant Thornton in the US.
Being entrepreneurial and delivering mid-market sized turnover need not be mutually exclusive. Sweden’s Fontana Food has achieved the best of both worlds.
