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Aviation Advisory
Our dedicated Aviation Advisory team bring best-in-class expertise across modelling, lease management, financial accounting and transaction execution as well as technical services completed by certified engineers.
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Consulting
Our Consulting team guarantees quick turnarounds, lower partner-to-staff ratio than most and superior results delivered on a range of services.
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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.
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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.
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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.
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Financial Accounting and Advisory
Our FAAS team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.
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Restructuring
Grant Thornton is Ireland’s leading provider of insolvency and corporate recovery solutions.
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Risk Advisory
Our Risk Advisory team delivers innovative solutions and strategic insights for the Financial Services sector, addressing disruptive forces, regulatory changes, and emerging trends to enhance risk management and foster competitive advantage.
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Sustainability Advisory
Our Sustainability Advisory team works with clients to accelerate their sustainability journey through innovative and pragmatic solutions.
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Asset management Asset management of the futureIn today’s global asset management landscape, there is an almost constant onslaught of change and complexity. To combat such complex change, asset managers need a consolidated approach. Read our publication and find out more about what you can achieve by choosing to work with us.
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Internal Audit Maintaining Compliance with New EU Pension Directive IORP IIOn 28 April 2021, the Irish Government transposed IORP II (Institution for Occupational Retirement Provision), an EU directive on the activities and supervision of pension schemes, into law.
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Risk, Compliance and Professional Standards FRED 82 – Periodic Updates to FRS 100 – 105The concept of a new suite of standards for the UK and Ireland, aligning with international financial reporting standards, was first conceived in 2002
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Audit and Assurance Auditor transition: how to achieve a smooth changeoverAppointing new auditors may seem like a daunting task that will be disruptive to your business and a drain on the finance function. Nevertheless, there are a multitude of reasons to consider a change, including simply seeking a ‘fresh look’ at the business.
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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.
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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.
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Indirect Tax Advisory & Compliance
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.
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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.
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Private Client
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.
The challenges, opportunities and our services.
Building blocks of individual accountability framework
The expectations
Senior Executive Accountability Regime (SEAR)
The increased focus of the Central Bank of Ireland (CBI) on behaviour and culture and its views on the interconnectedness of same with conduct risk in regulated firms has been a recurring theme of senior regulators in recent times. Following on from the CBI report on Behaviour and Culture in Irish Retail Banks in 2018, the CBI formally signposted its desire to enhance its gatekeeping, supervision and oversight powers by implementing a comprehensive accountability framework for individuals operating in regulated firms. Together with other measures (conduct standards, enhancements to fitness and probity, and administrative sanctions) SEAR is part of the CBI's wider framework to enhance transparency and accountability in the financial sector. The new regime will introduce a wide array of challenges that will need to be addressed and overcome if organisations are to be successfully compliant.
- With specified exemptions in each sector, it is expected that the bill will initially be applied to:− banks;
- insurance undertakings; and
- investment firms and their third country branches.
- Senior Executive Functions (SEFs) will broadly correspond to Pre-Approval Control Function (PCF) role holders under the current fitness and probity regime, with in-scope SEFs expected to include board members, executives reporting directly to board and heads of critical business areas.
- Each person carrying out a SEF will have role-related responsibilities allocated by their firm and the CBI will also prescribe mandatory responsibilities depending upon the type of firm and sector (Additionally, conduct and prudential risk will be the responsibility of someone carrying out a SEF).
- Firms will be required to draw up comprehensive responsibility maps setting out their key governance and management oversight arrangements.
The four pillars: A closer examination