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DFK International A full member of DFK International
MK Audit

MK Audit, audit firm, a full member of the international association DFK International

Grant auditsin the formatyour donor asks for

We read the grant agreement and the terms of reference, identify the reporting format required and audit the project under the standard the donor cites. Report in English and Ukrainian. Second service line: accounting for NGOs, companies and representative offices.

Get a proposal Call +38 (050) 671-55-67
Ukrainian register of auditors
No. 4624
full member of the association, 90+ countries and territories
DFK International
projects for NGOs and business
300+
weeks: typical grant audit
2-4
Illustration: this is what an expenditure verification against the donor budget looks like.

Whose reporting we have worked on

Organisations our auditors and accountants have worked with. Reference letters are on the clients page.

  • UNFPA
  • UNDP
  • Caritas
  • Alliance for Public Health
  • Centre for Democracy and Rule of Law
  • Expert Interbranch Association of Ukraine
  • Roche
  • B. Braun
  • Acumen International
  • Oriflame
  • Samsung
  • Kodak

Donors whose requirements we know: the EU, GIZ, UN agencies, Sida, embassies, the Global Fund, international foundations.

Choose what your organisation needs

Two service lines. Under independence rules we do either the audit or the accounting for a given client, and we say so at the first meeting.

Auditor reviewing a grant agreement and project financial documents One-off engagement

Grant and NGO audit

Audit of donor-funded projects, grants and financial statements of NGOs and charitable foundations. ISA 800, ISA 805, ISAE 3000 and ISRS 4400 reports in the formats required by the EU, GIZ, UN agencies and international foundations.

  • Grant and project audit for the donor
  • Agreed-upon procedures report (ISRS 4400)
  • Annual audit of a non-profit organisation
  • Non-profit status compliance check
About grant audit Proposal after reviewing your assignment
Accountant’s desk with financial statements and charts Ongoing support

Accounting for NGOs and business

Bookkeeping for non-profits, LLCs and representative offices of foreign companies in Ukraine. Grant accounting and donor reporting, payroll, taxes, IFRS.

  • Accounting for NGOs and foundations
  • Grant accounting and donor financial reports
  • Outsourced accounting for LLCs
  • Representative offices, IFRS
About accounting Proposal after reviewing your assignment

What a donor checks in an auditor and what we can show

The checklist donors usually apply to an auditor. We send the confirmations before the engagement letter is signed.

  1. Auditors register No. 4624

    Listed in the Ukrainian register of auditors and audit entities (APOB). Donors check this entry first.

  2. Reports in the donor’s format

    ISA 800, ISA 805, ISAE 3000 or ISRS 4400 in English and Ukrainian: we choose the format from the donor’s terms of reference.

  3. A full member of DFK International

    Donors often require an auditor from an international network: DFK International, a global alliance of accounting firms, works in more than 90 countries and territories.

    DFK International

  4. 20+ years of NGO and project audits

    Since 2000: annual audits of organisations, grant and donor project audits, reports in English and Ukrainian.

DFK International

MK Audit: a full member of the international association DFK International

DFK International is a global alliance of accounting firms and their expert teams, working closely together across over 430 offices in over 90 countries and territories. Each member firm, independently owned and managed, meets the DFK standard of excellence. For a donor or a foreign parent company this means an auditor working to the standards of an international association, with English-language reports read in any country.

An independent Member Firm of DFK International, a global alliance of accounting firms and their expert teams.

About DFK International
member firms
200+
offices worldwide
430+
countries and territories
90+

DFK International figures, February 2025

  • Reports in two languages

    Auditor’s report and management letter in English and Ukrainian, in the format of the donor or the group.

  • Donors whose requirements we know

    EU, GIZ, UN agencies, Sida, embassies, the Global Fund, international foundations.

  • Foreign-owned companies

    Roche, B. Braun, Acumen International, Oriflame, Samsung, Kodak: audit, IFRS, accounting for representative offices.

Four steps from request to report

We raise questions as we go, not at the end, so you have time to provide documents before the report is signed.

  1. Reply within one business day

    We clarify the donor, budget and deadlines, then send a proposal and a work plan.

  2. Engagement letter and document checklist

    A document list tailored to your project. We work remotely across Ukraine through a secure file exchange.

  3. Fieldwork under the donor’s standard

    Expenditure against budget, source documents, partners, currency transactions. Findings are raised immediately.

  4. Report and donor support

    In English and Ukrainian. We answer the donor’s queries after submission together with you.

Stand-alone services for business and NGOs

Tasks we handle outside the two core service lines.

Three tasks from practice

Facts about completed projects. Organisation names are withheld for confidentiality.

EU grant, NGO

Two-year project audited in three weeks

Two-year project, 4 partners, expenses in three currencies. ISA 800 report accepted by the donor without comments, no funds returned.

International foundation, charity

ISRS 4400 report 12 days before the donor deadline

The organisation came to us two weeks before the deadline. We checked every project transaction, found and helped correct 3 errors before submission.

Accounting, charitable foundation

6 grants accounted for in parallel, reports to four donors

Separate accounting for each project, reports in the donors’ formats, payroll for 40 employees. Annual audit passed without comments.

What organisations say after the audit

Excerpts from reference letters. Full letters are on the clients page.

All reference letters

MK Audit’s auditors completed the work on time and showed a high level of professionalism and competence.

UNFPA UkraineAdministrative and Finance Associate

Based on our cooperation and its results, I can recommend MK Audit’s specialists as high-quality professionals in audit and monitoring.

International HIV/AIDS Alliance in UkraineExecutive Director

We are satisfied with the quality of MK Audit’s work, the flexible scheduling of the review and the effective joint work on our financial statements.

Centre for Democracy and Rule of LawDirector

Free review of your donor’s audit terms of reference

Send us the grant agreement or the audit terms of reference. Within one business day we will tell you which report format is required (ISA 800, ISA 805, ISAE 3000 or ISRS 4400), which documents to prepare and how long it will take.

Send the terms of reference

or by e-mail mkauditsend@gmail.com

We work with organisations that report to donors and the state

The five types of organisations we deal with most often.

  • NGOs

    Annual audit, non-profit status, statutory reporting

  • Charitable foundations

    Donations, humanitarian aid accounting, audit

  • Donor-funded projects

    EU, GIZ, UN: audits and ISRS 4400 reports

  • LLCs and sole traders

    Outsourced accounting, taxes, payroll

  • Representative offices

    Foreign companies in Ukraine, IFRS, head-office reporting

Questions asked before a first audit

Is a grant audit mandatory for the donor?

It depends on the donor and the amount. Usually from EUR 100-300 thousand the donor requires an audit or an ISRS 4400 report. We will check your agreement free of charge.

How much does a grant audit cost?

We prepare a proposal after reviewing the assignment: the donor agreement, the budget and the volume of documents. Reply within one business day.

Do you work with organisations outside Kyiv?

Yes, remotely across Ukraine. Documents through a secure file exchange, meetings online.

Do you issue the report in English?

Yes, the report is issued in two languages, in the format the donor accepts.

Get a proposal

We reply within one business day. Proposal after reviewing your assignment.

DFK International

Ukrainian register of auditors and audit entities, No. 4624. An independent Member Firm of DFK International, a global alliance of accounting firms and their expert teams.

    We will get back to you within one business day. All information is confidential.

    or directly +38 (050) 671-55-67, Telegram

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