25 Sep 2026 3 min read
On 3 July 2026, the European Commission adopted the finalized standards as part of the wider Omnibus I simplification package, and following scrutiny by the European Parliament and the Council, the delegated act was published in the Official Journal of the European Union on 21 September 2026 as Commission Delegated Regulation (EU) 2026/1563. It will enter into force on 10 November 2026 and, as an EU Regulation, applies directly across all Member States without the need for national transposition.
The revised ESRS introduce several changes; fair presentation is now judged at the level of the sustainability statement as a whole, a top-down approach is introduced to the double materiality assessment process, value chain requests are capped and undertakings have three available options to choose from when preparing their FY2026 sustainability statements.
We help organizations move from diagnostic to compliant reporting under the revised ESRS; our sustainability experts coordinate directly with your finance, sustainability and procurement teams to ensure a smooth and seamless transition.
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Pay transparency is rising steadily on the European and national agenda. With the introduction of the EU Pay Transparency Directive, the principle of equal pay for equal work or work of equal value is strengthened and transparency obligations for employers are enhanced.
The current quarterly edition of Grant Thornton Greece publication “IFRS Accounting Standards Quarterly Navigator: Your Financial Reporting Roadmap” is addressed to all businesses preparing Financial Statements in accordance with International Financial Reporting Standards (IFRS).
For decades, audit has been primarily associated with hindsight. Its core purpose was to validate what had already occurred, confirming the accuracy of financial statements, the effectiveness of controls, and compliance with applicable standards. While this foundation remains crucial, it is no longer sufficient on its own.
