Horizon
HORIZON
In a climate of constant change, where business is increasingly global and the use of iT is turning more sophisticated, the success or failure of a company is becoming dependent on its ability to manage resources and information. Grant Thornton International understands this. We have developed Grant Thornton International Horizon to help businesses manage this challenge and maintain their competitive advantage.
Horizon is an innovative audit service that employs technically-advanced audit software. it helps us capture information about your business and improves our understanding of how it operates. This information is invaluable to the resulting audit, increasing its focus and insight. it significantly changes the way in which our firms organize and perform audits. Horizon looks in more depth at the commercial issues that flow from the audit and the business risks that are of real importance to your company.
Horizon further enhances the credibility of audits undertaken by Grant Thornton International firms, bringing a number of important benefits
Horizon further enhances the credibility of audits undertaken by Grant Thornton International firms, bringing a number of important benefits:
Improved focus
Horizon is a partner-led service. Experienced partners are involved at key stages in the process to ensure that the audit is effectively focused and responds to your needs and expectations. SSGT's new approach moves the audit beyond extensive testing of individual transactions or balances to concentrate on the review and analysis of data. This changed focus helps to highlight risk issues which can have a significant impact on your business.
Horizon concentrates on areas of genuine concern and helps identify and deal with potential problems early on in the audit process. it offers value-added service through increased efficiency, practical advice and credible business solutions.
Innovative use of IT
Horizon uses a Windows-based framework and methodology. A key element within Horizon is a new software product, Grant Thornton International Explorer. Grant Thornton International Explorer places a significant emphasis on understanding your business and supports our firms' auditors through all stages of the audit process. The software enables the audit team to generate audit programs that have been tailored to client-specific situations. it also enables them to perform a "paperless" audit where the planning, execution and review will be documented electronically. This new approach helps to deliver more extensive and proactive advice.
We have also developed a number of industry-specific audit modules to address the unique audit issues occurring in some sectors, enhancing the focus of audits in these industries. The use of technology by Grant Thornton International firms reflects the way their clients do business. Other Horizon software permits auditors to download your financial data and electronically interrogate it in many different ways, often providing you with valuable insights into your business. As information technology develops, Grant Thornton International firms will continue to introduce new software and modify existing versions to maximize audit performance
Global coverage
Horizon is designed to ensure that clients and their subsidiary operations receive a consistent standard of audit service with the same software systems. Horizon is a constantly evolving audit service. Our philosophy is one of continual renewal in the field of audit technology, building upon our established International experience.
Horizon represents a forward-thinking approach to the management of our clients' businesses. Our considerable investment in this project reflects the highly motivated approach throughout Grant Thornton International. Whatever the size of enterprise, wherever they operate in the world, Horizon can be tailored to our clients' particular business needs.
