Grant Thornton HU
Grant Thornton HU

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    • About us
      • Grant Thornton in Hungary

            • The key to success is a partner with comprehensive knowledge and many years of experience. Our ambition is to serve dynamic organizations and we understand ourselves as specialists for the Central European region.

              Being a member firm of Grant Thornton enables us to represent the interests of our clients even outside of Central Europe. We think that the key to success is to have partners with comprehensive knowledge and many years of experience.

              Our consultants are specialists for the Central European region and our firm has strong links with Grant Thornton member firms in the region.

              Over the past years, Grant Thornton has built a strong position on the Hungarian market as a provider accounting, payroll, valuation and Corporate Finance services.

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    • Services
      • Audit & Assurance

            • Audit & Assurance

              • Mandatory audits and voluntary audits of single-entity and consolidated financial statements
              • Obligatory and voluntary audits of annual financial statements and group financial statements
              • Audits of foundations
              • Due diligence audits
              • Audits pursuant to capital market law (listing prospectuses and investment fund annual reports)
              • High Level Reviews
              • Agreed upon procedures
              • Special audits (company transformations, mergers, special audits according to stock corporation law, etc.)
              • Accounting audits and management audits, especially as auditors of associations
              • Audits for fraud detection
      • Tax consultancy

            • Special areas of expertise

              • Complex tax consultancy
              • Flat-rate tax advisory solutions
              • Consultancy on e-invoicing
              • NAV eVAT consultancy
              • Tax due diligence 
              • Global minimum tax consultancy
      • Tax compliance

            • Special areas of espertise

              • HIPA compliance
              • TAO and KIVA compliance
      • Accounting

            • Accounting

              • Journal entry of ongoing business transactions and computer-based record-keeping
              • Compilation of regular analysis reports and information on business development
              • Preparation of single-entity financial statements, notes to financial statements and drafting assistance for the report of the management board
              • Preparation of tax returns
              • Notifications to the Companies Register and other public authorities
      • Payroll

            • Payroll

              • Full-scale payroll services, calculation of salaries, taxes and contributions to be paid
              • Management of payroll reports, online sending of pay slips to employees, with password protection
              • Preparation and filing of data disclosures, returns and notifications to the authorities
              • Administration of new and leaving employees
              • Monitoring and administration of leaves and other absences
              • Preparation of employer’s certificates, tax certificates
              • Administration of terminations of employment, resignations, dismissals
              • Salary payments by bank transfer
              • Completion of tax and social security transfer orders
              • Social security benefit claims and administration
              • Performance of social security paying agent duties
              • Representation before the authorities in case of audits
              • Preparing reports
              • Payroll and employment administration advisory service
      • Strategic consultancy

            • SPECIAL AREAS OF EXPERTISE

              • Corporate governance by owner model
              • Succession management, generational change
              • CEO consulting
              • Creation of corporate strategy
              • Developing effective, collaborative, visible management
              • Development of sales organisations
              • Business mentoring for middle and senior managers
              • Interim management
              • Consultancy in case of planned outsourcing
              • Subsidies related to company formation
              • Business plans and feasibility studies
              • Consultancy and support prior to negotiations with banks
      • Transaction advisory service

            • Corporate Finance

              • Mergers, acquistions (sale side and purchase side Consulting)
              • Organization of tenders
              • Set up transaction structures
              • Due diligence
              • Project, debt and equity financing
              • Valuation services
              • Public and private capital market transactions (ECM, DCM)
      • Labour administration & HR services

            • Labour Administration

              • Payroll preparation administration: support for the payroll accounting activities, pre-processing of lost working time, vacation days, absences due to illness. Collecting the input data for and preparing them for payroll accounting.
              • Tasks arising in connection with working time banking system, monitoring the issuance of rest periods and ensuring compliance with the rules of maximum working time.
              • Preparing, updating and modifying of HR personnel materials. Drawing up the documentation necessary for terminations of employment.
              • If required, labour registration tasks, requesting social security and tax identification numbers.
              • Conducting internal audits at regular intervals, making recommendations for eliminating any deficiencies identified.

            • HR contact representation:

              • Maintaining contact with employees via the designated channel of communication, to answer everyday questions.
              • Designation of a liaison person between internal financial departments and payroll accounting.
              • Providing opinions with respect to dubious situations, being continuously available for consultation in HR-related questions.

            • HR Consultancy:

              • Development of HR processes, structural systematisation, overview and due diligence of positions and work organisation, organisational development consultancy.
              • Establishing compensation systems, with the examination of tax and expense consequences, as well as internal policies Creating cafeteria and grade systems.
              • Labour market consultancy, supporting recruitment and selection, from the identification of labour demand needs to implementing the onboarding process.
              • Surveying the needs for, as well as creating internal policies contributing to more efficient operations.
      • Valuation

            • Financial Valuations:

              • Company valuation
              • Valuation of intangible assets (know-how, brand name, licence, technology, software, etc.)
              • Business planning
              • Market modelling
              • Capitalization rate structuring
              • Purchase price allocation
              • Impairment testing (IFRS, US GAAP)
              • AMADEUS database research and benchmark studies for transfer pricing

            • Fixed Asset Valuation:

              • Real estate valuation
              • Machinery and equipment valuation
              • Collateral valuation
              • Independent technical advisory
              • Feasibility studies
              • Technical due diligence
              • Valuation for insurance purposes
              • Remaining life estimation
      • Controlling and management reporting

            • Controlling

              • Interim financial management
              • Reviewing of financial systems and processes
              • Design, implementation and operation of controlling and reporting systems
              • Management of the introduction of business intelligence (BI) and enterprise resource planning (ERP) systems
      • Accounting and Tax automation

            • Our special areas of expertise:

              • Creating a data connection
              • Generating XML documents
              • NAV Online Invoice audit simulation
              • NAV Online Invoice administration
              • ERP Due Diligence

            • InvoiceProxy


              Seamlessly switch from paper to electronic
              We offer you the experience of fully data-driven electronic invoicing, with the security of the infrastructure provided by the National Tax and Customs Administration (NAV).
              More…

            • TaxConsole


              Automate your Invoices with TaxConsole
              Our TaxConsole application allows access to NAV’s digital services directly from your computer.
              More…

      • Transfer Pricing Advisory

            • Transfer Pricing Advisory

              • Transfer pricing advisory
              • Preparation of transfer pricing documentation
      • Whistleblowing

            • Whistleblowing

      • NIS2 consultancy

        • key areas of expertise

          • NIS2 mentoring
          • NIS2 GAP analysis
          • NIS2 pre-audit
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      • Build your career at Grant Thornton

            • Build your career at Grant Thornton

              As a dynamic and growth-oriented company, we offer excellent career opportunities in an international environment.

              We welcome applications by both career-starter and experienced candidates in the following areas: tax consultancy, auditing, accounting and payroll, corporate consultancy, corporate finance and asset valuation.

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    Glossary

    Glossary

    B

    B Corp

    C

    CDP (Carbon Disclosure Project)
    CSR (Corporate Social Responsibility)
    CSRD (Corporate Sustainability Reporting Directive)

    D

    DNSH (Do No Significant Harm)

    E

    EHS (Environment, Health and Safety)
    ESRS

    I

    IFRS S1/S2
    ISSB (International Sustainability Standards Board)

    N

    NIS2 critical sectors

    T

    TCFD
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    Publications on Grant Thornton Hungary’s website are for information purposes only and do not take into account the individual circumstances of the reader. Under no circumstances shall Grant Thornton Hungary be liable for the timeliness, accuracy, completeness or quality of the information published.

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    “Grant Thornton” refers to the brand name under which Grant Thornton International Ltd (GTIL) member firms provide tax and advisory services. GTIL and its member firms do not constitute an international partnership. GTIL and each of its member firms are separate legal entities. The services are provided by the member firms. GTIL does not provide services to clients. GTIL and its member companies are not liable for each other’s acts or omissions.

    • About us
      • Grant Thornton in Hungary
    • Services
      • Audit & Assurance
      • Tax consultancy
      • Tax compliance
      • Accounting – Outsourcing
      • Payroll
      • Strategic consultancy
      • Transaction advisory service
      • Labour administration & HR services
      • Valuation
      • Controlling and management reporting
      • Accounting and Tax automation
      • Transfer Pricing Advisory
    • Our experts
    • Insights
    • Glossary
    • Careers
      • Build your career at Grant Thornton
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