Company audit in Ukraine: order an audit in Kyiv or anywhere in the country<\/h1>\n
An independent audit of the financial statements of Ukrainian companies, joint stock companies and organisations. We review the books, taxes and documentation, show the risks before an inspector or a buyer finds them, and issue an auditor’s report under International Standards on Auditing. Audit firm since 2000, Ukrainian audit register No. 4624, member of DFK International.<\/p>\n
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- Audit of the financial statements under International Standards on Auditing<\/li>\n
- Analysis of tax risk: profit tax, VAT, payroll, foreign trade<\/li>\n
- Reconciliation of the books to bank, inventory and counterparty balances<\/li>\n
- Auditor’s report and a management letter listing the findings<\/li>\n
- A working session with the owner and the chief accountant<\/li>\n<\/ul>\n<\/div>\nTimeline<\/span>2 to 4 weeks<\/strong><\/div>\nFee<\/span>proposal after we review the assignment<\/strong><\/div>\n<\/div><\/div>\n<\/section>\n
\n \nFees<\/div>\nWhat an audit costs and what drives the price<\/h2>\n<\/div>\n
Nobody publishes a price list for audit work, and any figure quoted before seeing the assignment is invented. The fee reflects the auditor’s workload, and that comes down to six things. We look at them during the first call and then quote a figure that does not change afterwards.<\/p>\n
\nTransaction volume<\/b><\/p>\nThe main driver. A thousand documents and a hundred thousand documents mean a different sample and a different amount of time. We look at turnover and document count, not revenue alone.<\/p>\n<\/div>\n
Number of business lines<\/b><\/p>\nTrade, manufacturing, services, foreign trade, leasing: each line is a separate audit area with its own risks.<\/p>\n<\/div>\n
State of the records<\/b><\/p>\nWell kept books make the audit faster. Where documents are missing, accounting restoration<\/a> comes first and is quoted separately.<\/p>\n<\/div>\n
Reporting framework<\/b><\/p>\nA report under Ukrainian standards, under IFRS, or in a donor or bank template. This determines the extent of procedures and disclosures.<\/p>\n<\/div>\n
Deadline<\/b><\/p>\nThe standard two to four weeks cost less than the same work compressed into one. Urgency is always priced separately.<\/p>\n<\/div>\n
Language of the report<\/b><\/p>\nA Ukrainian report is included. A parallel English report for a foreign shareholder or a group adds to the scope.<\/p>\n<\/div>\n<\/div>\n
We can give a preliminary estimate after a short phone call, with no documents and no obligation.<\/p>\n<\/section>\n
\n \nWhy clients come<\/div>\nThe four most common reasons<\/h2>\n<\/div>\n
\n\nStatutory requirement<\/div>\nMandatory audit of the annual statements<\/b><\/p>\n
If the company meets the size or legal form criteria, the audit is required and the report is published with the statements: statutory audit of financial statements<\/a>.<\/p>\n<\/div>\n
\nOwner’s decision<\/div>\nA voluntary review before the state arrives<\/b><\/p>\n
The owner wants to know what the tax authority will find before it comes. We test the risky areas and leave time to correct them.<\/p>\n<\/div>\n
\nChange of people<\/div>\nA new director or chief accountant<\/b><\/p>\n
The audit records the position at the handover date, so whoever takes over is not answerable for someone else’s decisions.<\/p>\n<\/div>\n
\nA transaction<\/div>\nBuying or selling a business<\/b><\/p>\n
A pre-deal review shows the real assets, liabilities and hidden exposures: pre-acquisition business audit<\/a>.<\/p>\n<\/div>\n<\/div>\n
\n\nWhat we test<\/div>\nSix areas and the main risk in each<\/h2>\n<\/div>\n
\nRevenue<\/b><\/p>\nCompleteness, timing of recognition, discounts and returns, and whether contracts and acceptance acts match the actual transactions.<\/p>\n<\/div>\n
Expenses and profit tax<\/b><\/p>\nJustification of costs, their link to the business, adjustments required by the Tax Code and the accuracy of the return.<\/p>\n<\/div>\n
VAT<\/b><\/p>\nInput and output VAT, registered tax invoices, blocked registrations and dealings with high risk counterparties.<\/p>\n<\/div>\n