-
Business Consulting
Our Consulting team guarantees quick turnarounds, lower partner-to-staff ratio than most and superior results delivered on a range of services.
-
Business Risk Services
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
-
Deal Advisory
Our experienced Deal Advisory team has provided a range of transaction, valuation, deal advisory and restructuring services to clients for the past two decades.
-
Digital Risk
Our Digital Risk team offer advisory and consulting solutions that give our clients peace of mind, clear value for money and an enhanced ability to react to cyber attacks.
-
Digital Transformation
Our Digital Transformation team work with business leaders to deliver efficient digital strategies and operating models that provide new or enhanced capabilities.
-
Forensic Accounting
Our Forensic and Investigation Services team have targeted solutions to solve difficult challenges - making the difference between finding the truth or being left in the dark.
-
Objectives and Key Results (OKRs)
Objectives and Key Results (OKRs) is a goal setting framework that helps teams, individuals and organisations set and track measurable goals.
-
People and Change Consulting
Our People & Change Consulting team help clients adapt to the changing nature of the workforce - how they attract, retain, engage, develop, deploy and lead their people.
-
Financial Accounting and Advisory Services (FAAS)
Our FAAS team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.
-
Restructuring
Grant Thornton is Ireland’s leading provider of insolvency and corporate recovery solutions.

-
Outsourced Payroll
Our outsourced payroll teams become your dedicated payroll department, aiming to process your payroll in the most cost effective and compliant manner.
-
Outsourcing
Grant Thornton's reliable and cost-effective outsourcing services help you streamline your business operations by taking care of your workload.

-
Actuarial
Our Actuarial team provides a comprehensive range of services to our insurance clients. From regulatory support for compliance to delivering specialist expertise in insurance & reinsurance.
-
Data Analytics
Our team helps to unlock the potential of data analytics within your organisation, allowing you to be more innovative, efficient and customer-centric than ever before.
-
Digital and Fintech
Our FinTech team are experts in technology and financial services and have a long track record of helping companies achieve sustained advantage.
-
Digital Risk
Our Digital Risk team offer advisory and consulting solutions that give our clients peace of mind, clear value for money and an enhanced ability to react to cyber attacks.
-
Financial Services Audit
Our Financial Services Audit team offers expertise and knowledge along with a horizontal approach to solving clients’ problems and queries.
-
Financial Services Consulting
We work closely with clients to understand their strategy and benchmark their performance against the very best international standards.
-
FS Business Risk Services
Our FS Business Risk team have real experience of the financial services sector, through working within regulatory bodies or holding leadership positions in Risk, Compliance and Internal Audit functions.
-
Grant Thornton Pensioneer Trustees Limited
The Grant Thornton Pensioneer Trustee service can offer business owners, directors and employees the opportunity to manage their own retirement choices with full transparency.
-
Pension Audit
The Grant Thornton Pension Audit team has vast experience in managing schemes and preparing annual reports on them for clients.
-
Prudential Risk
Our industry leading Prudential Risk team works with clients on a range of areas including regulatory reporting, regulatory authorisations, on-site investigations and data quality assurance.
-
Quantitative Risk
Our Quantitative Risk team members bring a wide range of experience with many of them having backgrounds in banking, investment markets, regulation, professional practice, and academia.
-
Sustainability desk
We recognise that businesses are operating at different levels of maturity when it comes to sustainability, and pride ourselves on working with our clients to develop bespoke solutions to their needs.
-
Financial Accounting and Advisory Services (FAAS)
Our Financial Accounting and Advisory Services (FAAS) team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.

-
Corporate Tax
Our Corporate Tax team is made up of more than 40 highly experienced senior partners and directors who work directly with a wide range of domestic and international clients; covering Corporation Tax, Company Secretarial, Employer Solutions, Global Mobility and Tax Incentives.
-
Financial Services Tax
The Grant Thornton team is made up of experts who are fully up to date in terms of changing and evolving tax legislation. This is combined with industry expertise and an in-depth knowledge of the evolving financial services regulatory landscape.
-
International Tax
We develop close relationships with clients in order to gain a deep understanding of their businesses to ensure they make the right operational decisions. The wrong decision on how a company sells into a new market or establishes a new subsidiary can have major tax implications.
-
Private Client Services
Grant Thornton’s Private Client Services team can advise you on all areas of financial, pension, investment, succession and inheritance planning. We understand that each individual’s circumstances are different to the next and we tailor our services to suit your specific needs.
-
VAT
Grant Thornton’s team of indirect tax specialists helps a range of clients across a variety of sectors including pharmaceuticals, financial services, construction and property and food to navigate these complexities.

At its meeting on October 28, the Financial Accounting Standards Board (FASB) discussed the financial statements of not-for-profit entities, the accounting for identifiable intangible assets in a business combination, the subsequent measurement of goodwill, and targeted improvements for long-duration life insurance contracts. Highlights of the Board’s discussion follows.
Financial statements of not-for-profit entities
The Board discussed feedback received on the proposed Accounting Standards Update (ASU), presentation of financial statements of not-for-profit entities, and tentatively decided to divide its redeliberations into two work streams.
Under the first work stream, the Board would reconsider the following issues, which are improvements that the Board might finalise in the near term that do not depend on other projects:
- net asset classification scheme, including disclosure of Board-designated funds, underwater endowments, and the placed-in-service option for expirations of capital restrictions;
- expenses, including expenses by nature and an analysis of expenses by function and nature; netting of external and direct internal investment expenses against investment return; disclosure of netted investment expenses; and enhanced disclosures about cost allocations;
- improvement of disclosures by not-for-profit entities that choose to present operating measures;
- improvement of disclosures of information useful in assessing liquidity; and
- methods of presenting operating cash flows.
The second work stream would include proposed changes that are likely to require more time to resolve because they either involve consideration of alternatives that the Board did not previously consider or are related to similar issues being addressed in other projects. These changes include:
- an assessment of operating measures, including whether to require intermediate measures, how to define the measures and what would be included in the measures, and stakeholder-suggested alternative disaggregation approaches; and
- realignment of certain line items in the statement of cash flows.
Accounting for identifiable intangible assets in a business combination
The Board tentatively decided to continue the project on whether to change the initial recognition of customer-relationship intangible assets or noncompetition agreements acquired in a business combination for public business entities. The Board asked the staff to conduct research on whether the usefulness of information provided by the recognition of acquired intangible assets is different for U.S. and international investors and, if applicable, to determine why any differences exist.
The Board deferred any decisions about whether not-for-profit entities could use the accounting alternative currently available to private companies or if they would be required to use the guidance for public business entities until decisions are made regarding whether to change the accounting for identifiable intangible assets for public business entities.
Subsequent measurement of goodwill
The Board tentatively decided to continue with the project on subsequent measurement of goodwill under a phased approach, as follows:
- first phase: simplify the impairment test by removing the requirement to perform a hypothetical purchase price allocation when the carrying value of a reporting unit exceeds its fair value (step two of the impairment model in current U.S. GAAP). The Board considered, but tentatively decided against, allowing entities an option to perform step two; and
- second phase: work with the IASB to address any additional concerns about the subsequent accounting for goodwill.
Additionally, the Board reached the following tentative decisions:
- not-for-profit entities would not be allowed to use the accounting alternative that is currently available to private companies;
- presentation requirements in current GAAP would not be changed;
- entities would be required to adopt the simplified impairment test prospectively; and
- if a reporting unit has zero or negative carrying value and it is more likely than not that goodwill is impaired, an entity would be required to write off the full carrying amount of goodwill allocated to that reporting unit.
The Board asked the staff to conduct research on the qualitative assessment for entities with reporting units with a zero or negative carrying value.
Targeted improvements for long-duration life insurance contracts
The Board tentatively decided that the liability for future policy benefits for participating life insurance contracts would be calculated on the basis of expected future cash flows, including dividends. Future cash flows would be discounted using a high-quality, fixed-income instrument yield.
The Board also tentatively decided that entities would be required to update cash flow assumptions using a retrospective approach and discount rate assumptions using an immediate approach. These changes are consistent with the Board’s previous decision for traditional long-duration and limited-payment insurance contracts.
Under these assumption method updates, the net premium ratio would be recalculated as of the contract inception date using actual historical experience and updated future cash flow assumptions.
The revised net premium ratio would be applied to derive a cumulative catch-up adjustment recorded in current-period earnings. In subsequent periods, the revised net premium ratio would be used to accrue the liability for future policy benefits. The net premium ratio would be capped at 100 percent. No updates to the net premium ratio for discount rate changes would be made; rather, the effect of changes in the discount rate assumption would be recorded immediately in other comprehensive income.