{"id":4258,"date":"2026-09-15T19:38:44","date_gmt":"2026-09-15T16:38:44","guid":{"rendered":"https:\/\/audit-mk.com.ua\/autsorsynh-uchasnykam-rynku-kapitalu\/"},"modified":"2026-09-15T19:38:44","modified_gmt":"2026-09-15T16:38:44","slug":"autsorsynh-uchasnykam-rynku-kapitalu","status":"publish","type":"page","link":"https:\/\/audit-mk.com.ua\/en\/autsorsynh-uchasnykam-rynku-kapitalu\/","title":{"rendered":"Outsourcing for capital market firms"},"content":{"rendered":"

<\/p>\n

\n
Home<\/a>\/<\/span>Outsourcing for capital market firms<\/span><\/div>\n<\/div>\n
\n
\n

Internal audit and accounting outsourcing for capital market firms<\/h1>\n

The Ukrainian securities regulator now allows companies and professional capital market participants to outsource internal audit, accounting, compliance, risk management and IT. Responsibility towards clients and the regulator stays with the company, so the provider is chosen on resources, qualified staff and business reputation.<\/p>\n

Get a proposal<\/a>Call +38 (050) 671-55-67<\/a><\/div>\n
Since 2000<\/span>Ukrainian audit register No. 4624<\/span>DFK International<\/span>Not your auditor<\/span><\/div>\n<\/p><\/div>\n
\n
What we take on<\/b><\/p>\n
    \n
  • Internal audit: annual plan, engagements, reports to the governing body<\/li>\n
  • Accounting and regulatory reporting<\/li>\n
  • IFRS and financial statements filed in iXBRL<\/li>\n
  • Compliance and risk management policies<\/li>\n
  • Support during a regulatory inspection<\/li>\n<\/ul>\n
    <\/div>\n
    Timeline<\/span>contract within 1 week<\/strong><\/div>\n
    Fee<\/span>by individual proposal<\/strong><\/div>\n<\/div><\/div>\n<\/section>\n
    \n
    \n
    \n
    Who needs it<\/div>\n

    Asset managers, investment firms, depositories, pension fund administrators<\/b><\/p>\n

    Companies for which a full-time internal auditor, risk manager and compliance officer cost more than the function itself.<\/p>\n<\/div>\n

    \n
    The key constraint<\/div>\n

    Your external auditor cannot run your internal audit<\/b><\/p>\n

    Independence rules bar an auditor from the internal audit and bookkeeping of its own client. The provider has to be a firm with audit qualifications that is not your auditor.<\/p>\n<\/div>\n

    \n
    Where we stand<\/div>\n

    We do not perform statutory audits of financial statements<\/b><\/p>\n

    While our quality control review is in progress we do not offer that service. For outsourcing this is an advantage: no independence conflict with you.<\/p>\n<\/div>\n<\/div>\n

    \n
    Three service lines<\/div>\n

    What we take on and what we do not<\/h2>\n<\/div>\n
    \n
    \n
    \n

    Internal audit<\/h3>\n
      \n
    • Risk-based annual internal audit plan<\/li>\n
    • Engagements: accounting, client settlements, safeguarding of assets, licence compliance<\/li>\n
    • A report to the governing body for every engagement<\/li>\n
    • Follow-up on the implementation of recommendations<\/li>\n
    • Support during a regulatory inspection<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
      \n
      \n

      Accounting<\/h3>\n
        \n
      • Bookkeeping, primary documents, bank and cash<\/li>\n
      • Regulatory reporting within the statutory deadlines<\/li>\n
      • IFRS and financial statements filed in iXBRL<\/li>\n
      • Payroll, HR records, tax reporting<\/li>\n
      • Accounting restoration where the records have been neglected<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
        \n
        \n

        Compliance and risk<\/h3>\n
          \n
        • Drafting policies: risk management, compliance, AML<\/li>\n
        • Written procedures and allocation of responsibility between officers<\/li>\n
        • Annual review against regulatory change<\/li>\n
        • Training for the responsible staff<\/li>\n
        • We do not take the standing compliance officer role: that post stays on your payroll<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n
          \n
          \n
          How it runs<\/div>\n

          Four steps from request to report<\/h2>\n<\/div>\n
          \n
          01<\/b>Request and scoping<\/strong><\/p>\n

          We look at the licence, the activity, transaction volumes and the policies already in place. Proposal within 1 business day.<\/p>\n<\/div>\n

          02<\/b>Contract and annual plan<\/strong><\/p>\n

          A risk-based annual internal audit plan or an accounting work schedule, agreed with the supervisory board or the owner.<\/p>\n<\/div>\n

          03<\/b>Work to the plan<\/strong><\/p>\n

          Engagements and reports on the agreed dates. We raise questions as we go, not at the end of the period.<\/p>\n<\/div>\n

          04<\/b>Reporting and support<\/strong><\/p>\n

          Reports for the governing body, follow-up on recommendations, support during a regulatory inspection.<\/p>\n<\/div>\n<\/div><\/div>\n<\/section>\n

          \n
          \n
          \n
          \n
          \n
          FAQ<\/div>\n

          What clients ask before the first contract<\/h2>\n<\/div>\n
          \n
          \nDoes outsourcing relieve the company of responsibility?<\/summary>\n

          No. Responsibility towards clients and the regulator stays with the company. The provider answers to you under the contract, and you answer to the regulator.<\/p>\n<\/details>\n

          \nWhy can our auditor not run the internal audit?<\/summary>\n

          Independence rules bar an auditor from providing a client with services whose output the auditor would later examine. Internal audit and bookkeeping are exactly that.<\/p>\n<\/details>\n

          \nDo you perform statutory audits?<\/summary>\n

          Not at present, while our quality control review is in progress. For outsourcing that is an advantage rather than an obstacle: there is no independence conflict with you.<\/p>\n<\/details>\n

          \nDo you work with small companies?<\/summary>\n

          Yes. Outsourcing makes the most sense for them: a full-time internal auditor costs more than the function.<\/p>\n<\/details>\n

          \nDo you take IT support and software maintenance?<\/summary>\n

          No. It is not our competence and we say so plainly.<\/p>\n<\/details>\n

          \nWhat does it cost?<\/summary>\n

          A proposal once we have reviewed the assignment. We reply within 1 business day.<\/p>\n<\/details>\n<\/div>\n<\/div>\n

          \n

          Get a proposal<\/h3>\n

          Tell us the activity, the licence and what you want to outsource. We reply within 1 business day.<\/p>\n\n

          \n

          <\/p>

            <\/ul><\/div>\n
            \n
            \n<\/fieldset>\n
            \n\t