Grant Thornton Audit Company

Updated 09.08.2011

Grant Thornton CJSC is a member of Grant Thornton International. The company was founded in early 1990s, bringing to the market the philosophy shared by all member firms - partner-led and personalized services, conformity with high professional standards and dedication to the needs of the public sector and growth-oriented businesses.

For over a decade Grant Thornton has been providing audit missions, in-depth professional consulting services and specialist advice to mid- and top-level enterprises, governmental organisations, national and commercial banks in Armenia, Georgia, Ukraine, Russia, Belarus, Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, Turkmenistan and Mongolia. Supported by the depth of the international structure, the strength of the brand and the high standards of quality in the network, we deliver services which meet the toughest expectations of our clients.

Grant Thornton Armenia is a multi-professional group of over 130 international and local public accountants and auditors, specialist advisers in finance, business and management, as well as tax and legal advisers.

Grant Thornton CJSC is registered with the U.S. PCAOB (Public Company Accounting Oversight Board), which entitles the Company to practice certification of statements of public companies, registered in U.S. exchanges of securities, as well as to perform the audit of their Armenian affiliates.


Assurance and audit-related services

- Audit of statutory financial statements
- Audit of financial statements prepared according to International Financial Reporting Standards (IFRS), US GAAP and other financial reporting frameworks
- Review of financial statements
- Agreed upon procedures

Advisory services

- Business risk services –advising businesses on the effectiveness of their governance, risk management and internal control including:
- internal audit, internal control reviews, CFO services (financial closing and consolidation, strategic planning, budgeting and forecasting, performance management), CIO services (please see below – IT Governance and Advisory service line).
- Mergers and acquisitions (acquisitions and fund-raising, disposals, MBOs, MBIs)
- Transaction advisory services (due diligence, post deal services, bid support, public company reporting)
- Valuations – advising on business, company, share and asset valuations, either for commercial or statutory purposes.
- Recovery and reorganisation – advisory to insolvent companies, restructuring advice to underperforming businesses, strategic performance reviews, exit strategy services and M&A advice to distressed companies.

IT Governance and Advisory

- IT assurance
- IT security
- IT strategy
- IT due diligence
- IT assessment

Tax advisory

- Advising on all aspects of tax strategy and tax planning, on the formation or the acquisition of a company and throughout its existence, especially from the international viewpoint.

Outsource accounting

- Setting up the accounting system, providing the company with interim reviews of the accounts, preparing budgets and monthly or quarterly reports, as well as year-end financial statements and all tax and social contribution returns.

Legal and policy advice

- Corporate Law
- Civil and Commercial Law
- Labour and Employment
- Legal Due Diligence and Compliance
- Ad Hoc legal consulting and ongoing legal support
- Legislation and Policy regulation development
- Licenses, Permits and Certification
- Tax and Customs
- Associated services


Managing Partner Gagik Gyulbudaghyan
Address 8/1 Vagharshyan Str., Yerevan 0012, Republic of Armenia
Phone (010)26 09 64
Fax (010)26 09 61
Email [email protected]