GrandBusiness Expert: 30 years of growth

№ 1, 2024
Author:

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GrandBusiness Expert Limited Liability Company has been working in the audit services market of Belarus since 1993, including provision of its services for more than ten years as a part of the international network Grant Thornton International, and is ranked second in the rating of audit organizations in Belarus based on the Company's performance in 2022 (rating of the magazine "Chief Accountant").

Today, GrandBusiness Expert LLC is a team of more than 90 specialists, including auditors, tax experts, IFRS and transfer pricing specialists. The Company works with the largest organizations, and the geography of audit services covers practically the whole of Belarus and all business spheres.

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AUDIT AND AUDIT SERVICES

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Elena Santerskaya,
Head of Audit Department of GrandBusiness Expert LLC

"Audit and audit services allow evaluating the accounting (financial) system of the company, identifying errors and inaccuracies, providing the customer with the objective assessment of the reliability of reporting and practical recommendations for its improvement. An auditor's opinion increases the confidence of users and potential investors in the company's reporting"

When providing audit services, professional ethics, independence and understanding of the customer's business are extremely important to us. Over the period of our work, we have accumulated global industry experience. Now we work in almost all business spheres. Our customers include retail, logistics, wholesale, petrochemical, construction, light and heavy industry, food industry, IT, leasing, and insurance companies. We have a large team, and thanks to specialization and the formation of multi-disciplinary teams consisting of various experts, we are able to cover customers from different business areas.

Our task is to use our experience in providing audit services to assess the customer's business with a comprehensive view, to provide high-quality recommendations and to assist the customer's internal departments in fulfilling their tasks in accounting and tax accounting, and sometimes in optimizing current processes.

We study our customers' business comprehensively, considering the specifics of the area of activity and try to minimize potential risks in the sphere of accounting and taxation and, as a result, improve business efficiency.

ACCOUNTING AND TAX CONSULTING

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Vladimir Suzansky,
Director of GrandBusiness Consulting LLC

"The Company's consulting services are aimed at solving customers' issues in the sphere of accounting and taxation, as well as at gaining the customer's confidence in the correct compliance with the norms of current legislation"

Our legislation is subject to frequent changes that require time and effort to track and study. At the same time, some companies face difficulties in accounting and taxation issues. In such situations, professional assistance of expert consultants is essential.

Companies often have questions about foreign economic activity, the development of accounting policies considering the specifics of the company's activities, pricing, the need to develop pricing provisions and discount provisions, and assessing the current pricing procedure for compliance with legal requirements.

Highly qualified specialists of our Company provide comprehensive verbal and written consultations on accounting and taxation, based on knowledge of current changes and additions to legislative acts, as well as on the assessment of tax consequences of individual transactions.

    


TAXES AND TRANSFER PRICING

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Andrey Pechkurov,
Head of Tax Practice of GrandBusiness Expert LLC

"An important part of tax compliance is fulfilment of tax obligations, as well as proper control over pricing"

Analysis of the company's tax accounting system, verification of compliance with tax obligations, timely preparation of documentation or economic justification for controlled transactions help the organization to minimize possible tax risks.

The team of GrandBusiness Expert LLC has extensive expertise, tax practice and experience in implementing large projects. We provide services on tax risk assessment, tax planning, tax audit, as well as support on transfer pricing issues, preparation of necessary documentation / economic justification of applied prices.

ACCOUNTING OUTSOURCING

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Yulia Latysheva,
Head of Outsourcing Department of GrandBusiness Expert LLC

"Outsourcing is a modern management strategy, which represents the transfer of various functions and services to an outsourcing company in order to effectively organize and optimize business processes"

One of the activities of GrandBusiness Expert LLC is accounting outsourcing. While earlier some companies considered this type of service as a way to optimize current costs for accounting services, now customers are turning to outsourcing in order to achieve competitive advantages and reduce financial risks.

By outsourcing the accounting function, companies receive a number of advantages, including optimization of business processes and identification of vulnerabilities, reduction of tax risks, absence of the risk of unexpected departure or dismissal of an accountant, guarantee of reporting quality and correct calculation of taxes and other mandatory payments.

In addition, customer service processes are strictly regulated, which ensures quality and continuity of accounting, well-functioning internal control in all sectors, reduces the risk of errors and additional charges, and activities in the sphere of providing professional services are insured.

Accounting outsourcing allows business owners to concentrate on developing the company and solving current issues.