МК АУДИТ DFK International +38 (050) 671-55-67
Audit firm · Kyiv, Ukraine · since 2000 · DFK International member

Grant audits with no findings.

And accounting for NGOs and business that passes the donor’s review the first time. Reports under international standards, in English and Ukrainian.

Signing an audit report

Donor reportISA 800 · ISRS 4400

No findings

20+years in practice, since 2000
300+projects for NGOs and business
2-4weeks for a grant audit
DFK InternationalMember of a global network, 90+ countries. Auditors register No. 4624.

Two core services

Choose what your organisation needs

Grant and NGO auditService 1

Grant and NGO audit

Audit of donor-funded projects, grants and financial statements of NGOs and charitable foundations. ISA 800 and ISRS 4400 reports accepted 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 auditProposal after reviewing your assignment

Accounting for NGOs and businessService 2

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 accountingProposal after reviewing your assignment

We also do

Stand-alone services for business and NGOs

Voluntary auditAudit

Voluntary audit

Audit of financial statements at the request of an owner, investor or donor when the law does not require it. Auditor’s report in Ukrainian and English.

  • Audit before selling or buying a business
  • Review requested by an investor or bank
  • Audit when the accountant or director changes
  • Report under international auditing standards
About voluntary auditProposal after reviewing your task

Transfer pricingAudit

Transfer pricing

Controlled transactions report and transfer pricing documentation for companies dealing with non-residents and related parties.

  • Controlled transactions report
  • Transfer pricing documentation
  • Review of transactions with non-residents
  • Support with tax authority requests
About transfer pricingProposal after reviewing your task

PayrollAccounting

Payroll

Outsourced payroll for NGOs, LLCs and representative offices: accurate calculations, timely reporting, confidentiality.

  • Salary, sick leave and vacation pay
  • Payroll taxes and military levy
  • Reporting to the tax office
  • Payslips for employees
About payrollProposal after reviewing your task

HR recordsAccounting

HR records

HR administration that passes a labour inspection without findings: documents, orders, working time records.

  • Employment contracts, orders, staffing table
  • Timesheets, leave, sick leave
  • Military registration of employees
  • Preparation for a labour inspection
About HR recordsProposal after reviewing your task

Clients and donors

Organisations we have helped pass their audits

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

UNFPAUNDPCaritasAlliance for Public HealthCentre for Democracy and Rule of LawExpert Interbranch Association of UkraineRocheB. BraunAcumen InternationalOriflameSamsungKodak

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

Donor requirements for auditors

We meet the criteria donors set for an audit firm

Auditors register No. 4624

Listed in the Ukrainian register of audit firms entitled to perform statutory audits (APOB).

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.

Member of DFK International

Donors often require an auditor from an international network: DFK International is present in more than 90 countries.

20+ years of NGO and project audits

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

Testimonials

What organisations say after the audit

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

UNFPA

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 Ukraine

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 Law

All reference letters

Free review of your donor’s audit terms of reference

Send us the grant agreement or the audit terms of reference. Within 1 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 referenceor by e-mail mkauditsend@gmail.com
Who we work with

We work with organisations that report to donors and the state

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

How we work

Four steps from request to report

01Request and proposal within 1 day

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

02Engagement letter and checklist

Document list. We work remotely across Ukraine.

03Fieldwork

Under your donor’s standards. Questions as we go, not at the end.

04Report and donor support

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

Case studies

What we have been through with clients

EU grant · NGOAudit of a two-year project in 3 weeks

Two-year project, 4 partners, expenses in three currencies. ISA 800 report accepted by the donor with no findings, no funds returned.

International foundation · charityISRS 4400 report 12 days before the donor’s deadline

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

Accounting · charitable foundation6 grants accounted for in parallel, reports to four donors

Separate ledgers per project, reports in each donor’s format, payroll for 40 staff. Annual audit passed with no findings.

FAQ

What clients ask before their first audit

Is a grant audit mandatory for the donor?

It depends on the donor and the amount. Typically from EUR 100-300k 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: donor agreement, budget, volume of documents. Reply within 1 day.

Do you work with organisations outside Kyiv?

Yes, across Ukraine remotely. Documents via secure storage, meetings online.

Do you issue the report in English?

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

Get a proposal

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

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

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