IFRS financial statements and iXBRL filing in Ukraine<\/h1>\n
We prepare annual IFRS financial statements and file them in the single electronic format (iXBRL) through the Ukrainian Financial Reporting System portal. We handle the mapping to the UA IFRS taxonomy, validate the package before submission and fix the tagging errors that get filings rejected.<\/p>\n
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- Registration and setup on the Financial Reporting System portal<\/li>\n
- Mapping of your statements to the UA IFRS taxonomy<\/li>\n
- Tagging of the notes, not only the primary statements<\/li>\n
- Validation of the iXBRL package before filing<\/li>\n
- Filing through the single-window portal<\/li>\n
- Support if the filing is returned for correction<\/li>\n<\/ul>\n<\/div>\nTimeline<\/span>5-10 working days<\/strong><\/div>\nFee<\/span>quoted per engagement<\/strong><\/div>\n<\/div><\/div>\n<\/section>\n
\n \n\nWho must file<\/div>\nAbout 5,000 companies in Ukraine<\/b><\/p>\n
Article 12-1 of the Accounting and Financial Reporting Act: public interest entities, public joint stock companies, extractive industry companies and companies in activities listed by the Cabinet of Ministers.<\/p>\n<\/div>\n
\nThe format<\/div>\niXBRL based on the UA IFRS taxonomy<\/b><\/p>\n
The taxonomy has two branches: a general one and a separate one for banking and insurance. The file is readable by both people and software, so any mismatch between the statements and the notes shows up immediately.<\/p>\n<\/div>\n
\nWhy filings come back<\/div>\nTagging errors, not accounting errors<\/b><\/p>\n
Most often: the wrong taxonomy element, mandatory fields left empty, note totals that do not agree with the primary statements, missing comparative periods and units of measure.<\/p>\n<\/div>\n<\/div>\n
\n\nThe reporting calendar<\/div>\nStatutory publication deadlines<\/h2>\n<\/div>\n
\n30.04<\/b>Public interest entities and public JSCs<\/strong><\/p>\nPublish annual financial statements together with the auditor’s report no later than 30 April of the following year. The same applies to natural monopolies and extractive industry companies.<\/p>\n<\/div>\n
01.06<\/b>Large companies that are not securities issuers<\/strong><\/p>\nPublish annual statements with the auditor’s report no later than 1 June. The same deadline applies to parent companies of a large group that are not themselves large companies.<\/p>\n<\/div>\n
0<\/b>Publication without an auditor’s report<\/strong><\/p>\nCounts as no publication at all. Statements are complete only together with the auditor’s report, so filing and audit have to be planned on one timeline.<\/p>\n<\/div>\n<\/div><\/div>\n
\nRelated services<\/div>\nIFRS reporting from the ledger to the auditor’s report<\/h2>\n<\/div>\n
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