Scope sheet
finbryn.com
ESG and climate
CSRD readiness for US groups with EU operations
Finbryn provides CSRD readiness preparation for US parents and groups with EU subsidiaries, building applicability worksheets and entity data schedules from the group's ledgers for management and EU advisers to approve. Directive (EU) 2026/470 took effect on March 18, 2026, limiting CSRD reporting to undertakings above EUR 450 million of net turnover and an average employee count above 1,000.
What is included
- Applicability worksheet with net turnover and employee counts by EU entity for the two-year test
- Entity-by-entity data schedules mapped to the reporting standards the EU entity applies
- Double materiality assessment workpapers recording management's judgments
- Data request pack for the US parent's finance and operations teams
- Draft report sections for the EU adviser and management to approve
- Dated calendar of transposition, delegated acts and assurance standard milestones
The process
- 1.
Map the EU entities
List every EU subsidiary and branch with its legal form, member state and fiscal year, from the group structure chart.
- 2.
Build the applicability worksheet
Net turnover and average employee counts for the relevant years on each entity's own definitions, sourced to the ledger and payroll.
- 3.
Hand the worksheet to counsel
Counsel in the member state reads it and decides whether and from which financial year the entity reports.
- 4.
Issue the data request pack
One list for the US parent's teams, with owners, formats and the ESRS topic each item feeds.
- 5.
Compile entity schedules and draft sections
Schedules tied to ledgers, plus draft narrative for management and the EU adviser to edit.
- 6.
Management approves
The group signs off; any assurance opinion comes from the authorised firm the group engages.
Software
Microsoft Excel, NetSuite, Sage Intacct
Pricing
Scoped per engagement from the number of EU entities, the state of the entity data and whether the group is already in scope. It is priced apart from the monthly tiers on the rate card, and the fee is confirmed in writing before work starts.
Finbryn is a brand of Northlane Solutions Inc., a Delaware corporation.
Reviewed October 2026