We are proud that our approach to auditing stands out as being exceptionally impeccable.
No matter is left unattended

Want to receive our analytical reviews?

FINANCIAL STATEMENT AUDIT

Financial statement audit can be initiated by various parties, and this sometimes provides for a different understanding of the audit project efficiency. Apart from meeting the requirements of the International Standards on Auditing (ISA), our project team has to deliver additional value to the clients.

What makes our offering seamless:

  1. Projects are managed by our experts who have the ACCA qualification and are certified auditors.
  2. The relationship with customers is built by our experts with over 10 years of experience in auditing, accounting and tax management.
  3. Our teams possess extensive and relevant industry experience. The experience and qualification of every team member is transparent for each of our clients.
  4. Project deadlines are sacred for us. As early as at the start of a project, we agree on the schedule, gather supervisory councils, and follow up with presentations of the interim results.
  5. Our projects hardly aim only to form an auditor’s opinion on the reliability of financial statements. We give a clear definition to the criteria for improving the quality of accounting, report making and internal control systems in general.
  6. We are tightly integrated with other audit companies incorporated in the Kreston International network. We also cooperate closely with the auditors’ BIG4 in other countries.
  7. Ongoing communication with the end users of audit reports is the heart of a successful project. When it comes to international financial institutions, we insist on building a completely transparent relationship taking into account all the requirements set by investors and creditors.

Download the Regulating Documents

TRANSITION TO IFRS

Ukrainian companies differ in the policies that implement IFRS. Even large holdings prefer to outsource the annual transformations and consolidations of local statements and reporting under IFRS. However, there are small companies that have permanently switched to accounting under IFRS.

What we offer to our clients:

  1. Fast transitions to IFRS with the first full application.
  2. Staged implementation of IFRS with reconstruction of financial accounts of individual companies.
  3. Training sessions for customer employees during implementation. Assisting clients with self-transformation and consolidation.
  4. Training sessions on IFRS. Information support for all changes in the standards.
  5. Assistance in automation. Diagnostics of accounting processes and production of the terms of reference during automation.
  6. Implementation of IFRS to the budgeting system.

AUDIT OF SYSTEMS AND PROCESSES

We specialize in accounting, management and tax reporting systems, financial statement and budget development systems. Our aim is enabling our clients to obtain qualitative information in a timely manner to evaluate their situation and make proper decisions. How do we arrive at this aim?

  1. We diagnose the adequacy of current policies and regulations.
  2. We examine the actual extent to which they are implemented in the company, level of the staff’s involvement in production of information, its systematization, analysis and its use in the company management.
  3. We develop adjustment programs for systems and processes and assist in their implementation.
  4. We are convinced that all deficiencies in the company financial management systems hinder the company development as a result of the mistakes in place, which produces untimely and unreliable information

ENHANCING THE FINANCIAL MANAGEMENT

We carry out projects on the full staffing of the financial and accounting departments, including:

  • Description of the standard operational procedures for divisions and functions, development of business processes;
  • Recruitment and evaluation of financial professionals;
  • Implementation of a financial management system and its support to sustain efficiency;
  • Development of personnel development programs for the finance and accounting departments;
  • Review and adaptation of management accounting and budgeting systems, monitoring of its proper functioning;
  • Review of financial budgets and the level of appropriateness from the point of view of business development strategy.
ОЛЕГ КУЗНЕЦОВ

Oleg Kuznietsov

Partner

Restructurization
Valuation and Business Modeling
Financial and Tax Due Diligence

ОЛЕГ КУЗНЕЦОВ
АРТЕМ КОВБЕЛЬ

Artem Kovbel

Partner


Support in Acquisition Transactions
Support in Sales Transactions

Go up