-
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.

The current NFRD regime
The Non-Financial Reporting Directive (Directive 2014/95/EU) (‘NFRD’) is currently in place, and is the forerunner to the proposed Corporate Sustainability Reporting Directive. It was adopted in 2014 with the aim of encouraging companies to disclose information related to environmental, social and governance considerations. Subsequent guidelines were published in 2017 and 2019, including information on climate related disclosures. Compliant entities, i.e. those who adopted the reporting requirements laid out in the NFRD, were required to report in accordance with the NFRD provisions for the first time in 2018.
The NFRD applies to large EU “public interest” entities (i.e. listed companies, banks/credit institutions, insurance companies and other entities designated by Member States). Under the NFRD, to qualify as ‘large’ entities must have the following:
Under the NFRD, companies are required to report on the following two aspects, which are often known as the “double materiality” principle of non-financial reporting.
The NFRD applies on a “comply or explain” basis, which gives companies the ability to not adopt the policies and not carry out the due-diligence laid out in the NFRD directive. The “comply or explain” system ensures that if a company does not apply a policy, it will be disclosed publically.
The Corporate Sustainability Reporting Directive Proposal
The European Commission’s proposal for a Corporate Sustainable Reporting Directive (CSRD) (2021/0104) was published on April 21st 2021, as part of an updated sustainable finance strategy. The CSRD is set to entirely replace the NFRD, and amend the provisions of the Accounting Directive, the “Transparency Directive” (2004/109/EC), and the “Audit Directive” and “Audit Regulation” (2006/43/EC and 537/2014). Around 50,000 undertakings will be covered under the CSRD (compared to the 11,700 that are now subject to the NFRD).
Stakeholder concerns regarding information published by in-scope companies (i.e. ‘large’ public interest entities who opted to adopt the NFRD policies), as highlighted in the NFRD consultation paper, are addressed in the CSRD. It is viewed as the first step in bringing sustainable reporting on par with financial reporting over time. As part of the CSRD, more than 50,000 EU entities will be required to publish “sustainable information” as part of their annual reports.
The CSRD proposal has been submitted to the European Parliament and Council. Once approved and adopted by the European Parliament and the Council, Member States will be required to implement the provisions of the CSRD by December 1, 2022. The CSRD’s sustainability reporting obligations will apply to companies’ annual reports for the financial years starting on/after January 1, 2023.
- The CSRD will not apply the concept of “public interest” entities. Instead, the new provisions will apply to:
- An entity will be considered “large” if it exceeds at least two of the following on its balance sheet:
- The “sustainability information” that will be required to be disclosed will concern at a minimum the following four items from a “double materiality” perspective:
CSRD Reporting Standards
While preparing the CSRD proposal, the Commission considered the recommendations established by the European Financial Reporting Advisory Group (EFRAG) to investigate the possibility of developing EU-wide sustainability reporting standards. Following publication of the proposal, this same group will now develop a set of European Sustainability Standards (ESS) against which in scope companies and institutions would report.
CSRD Audit Requirements
Under the NFRD no audit is required with respect to the contents of the sustainability-related information submitted by companies nor the methodology used to evaluate sustainability risks and sustainability impacts. The NFRD offers an option to participating in-scope firms to seek independent verification by an assurance services provider, but is not required to be a full-service audit firm.
The CSRD is set to introduce a more complete approach to audit or assurance requirements on non-financial statements. There will be an obligation on the auditor or audit firm to express an opinion about the compliance of the sustainability reporting with Union requirements based on a limited assurance engagement. This opinion must cover the compliance of the sustainability reporting with regard to standards and the methodology used by the reporting entity to identify the information.
Securing audit quality, independence and competence shall be a key priority when carrying-out the statutory audit and the assurance of sustainability reporting.
CSRD Publication and Submissions
The CSRD requires that all information is published as part of companies’ management reports, and disclosed in a digital, machine-readable format. This compares to the NFRD, where companies were permitted to disclose sustainability information in a separate document.
Compliant in-scope company’s administrative, management and supervisory bodies will have collective responsibility for ensuring the sustainability information reported is in line with the requirements set out in the CSRD.
CSRD Timeline
How Companies Can Prepare
While the first draft of European sustainability reporting standards are not expected to be published until June 2022, the statement of cooperation between EFRAG and the Global Reporting Initiative (GRI) highlights the influential role existing voluntary standards and frameworks (including TCFD) will have in shaping their development. By reviewing and developing processes to report against key voluntary initiatives now, companies will be in a better position to comply with CSRD requirements as they become live.
Why Grant Thornton
Grant Thornton’s Financial Services Risk, Consulting and Advisory teams are comprised of dedicated experts who are experienced in supporting companies with these regulatory challenges outlined in the Corporate Sustainability Reporting Directive.
In particular, our industry-leading Prudential Risk team understands that regulation continues to drive the strategic agenda for financial and non-financial institutions Working together with our sustainability specialists, we believe our skillsets combine the best of scientific knowledge with real world experience to deliver practical, actionable solutions. We specialise in assisting clients across the financial services sector in navigating through the maze of regulation and support clients to identify regulatory obligations and work towards full compliance balanced with your business needs.