-
Business risk
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
-
Consulting
Tailored consulting solutions that deliver measurable results through digital, regulatory and strategic transformation.
-
Corporate finance and deal advisory
We offer a dedicated team of experienced individuals with a focus on successfully executing transactions for corporates and financial institutions. We offer an integrated approach, with our corporate finance specialists working seamlessly with tax and other specialists to ensure that every angle is covered.
-
Forensic accounting
We have a different way of doing business by delivering real insight through a combination of technical rigour, commercial experience and intuitive judgment. We take pride in delivering responsive and tailored solutions to all our clients, capitalising on the wealth of experience housed within our Belfast and wider Forensics team
-
Restructuring
We work with a wide variety of clients and stakeholders such as high street banks, private equity funds, directors, government agencies and creditors to implement solutions which provide the best possible outcomes.

-
Report FRS 102: Major changes to revenue recognitionExplore key changes to FRS 102 Section 23, including the new five-step revenue model and its impact on financial reporting in Ireland and the UK.
-
Article Changes to filing options and requirements at Companies HouseFrom April 2027, Companies House will require all UK entities to file digital accounts. Learn what’s changing and how to prepare for the new rules.
-
Article FRS 102 periodic review: Small companiesExplore key changes to small company disclosures under FRS 102 Section 1A, including UK GAAP updates on leases, tax, going concern and related parties.
-
Article FRS 102 periodic review: Other changesOn 27 March 2024, the Financial Reporting Council issued amendments to FRS 100 – 105 (known as GAAP, or Generally Accepted Accounting Practice), a suite of accounting standards applicable in the UK and Ireland. These are used by an estimated 3.4 million businesses in preparing their financial statements.
-
Corporate tax
End-to-end corporate tax support, from accurate compliance to specialist advisory, helping you meet obligations and create efficiencies.
-
Employer solutions & payroll
Comprehensive support with employment tax, compliance and payroll outsourcing, simplifying employer responsibilities and protecting your workforce strategy.
-
Indirect tax compliance & advisory
VAT, customs and trade solutions that ensure compliance, reduce costs and uncover cashflow opportunities.
-
International tax
Practical advice and global strategies to manage transfer pricing, multi-jurisdictional compliance and cross-border tax structuring.
-
Private client compliance and advisory
Tailored advice and compliance services to protect wealth, reduce liabilities and plan for succession with confidence.


Update your subscriptions for Grant Thornton publications and events.
The Government confirmed their intention to reform the UK’s corporate reporting and audit regime in May of this year. The headline changes include a new regulator, who will take over from the Financial Reporting Council (FRC), increased accountability and disclosure for large companies, and changes to the audit industry.
The replacement to FRC will be the Audit, Reporting and Governance Authority (ARGA). The new regulator will have a larger oversight role and tougher enforcement powers. This will include the ability to fine directors without having to go through the courts.
Large privately owned companies will now also fall under the scope of the regulator. Companies with more than 750 employees and turnover of more than £750 million will be deemed to be a Public Interest Entity (PIEs). This definition was previously limited to companies with shares listed on a regulated market, credit institutions, or insurance companies. The increased focus on the UK’s largest companies is due to their significance to the economy, with the financial wellbeing of numerous employees and suppliers depending on their performance.
Furthermore, it has been proposed companies who fall into the definition of PIE will be required to disclose their distributable reserves, or a figure "not less than". The intention is to improve transparency about dividend position to investors and other stakeholders.
In addition, Directors will need to disclose in the financial statements the measures they have taken to prevent fraud. It is hoped that this will encourage Directors to implement further controls to detect and mitigate fraud. There will also be a requirement for disclosure of non-financial company metrics that have been independently checked, to include the risks the company faces.
There has been speculation around what the government would do to curtail dominance of the largest audit firms dealing with the biggest businesses in the UK. As a result, FTSE350 companies will be required to conduct part of their audit with a challenger firm.
The new regulator ARGA is also to be given the power to enforce the separation of audit and non-audit functions within big audit firms, and to enforce a market cap if there are not significant changes within the market.
The changes proposed by the government are intended to strengthen audit and corporate governance regimes. Which should increase investor confidence.
The timeline for change is still uncertain. However, Directors should now be considering the future impact on corporate reporting and the implications for their year-end reporting process, which these changes will bring.