Financial Audit
Our company has extensive experience in providing financial audit services to companies in many industries such as a fuel and energy sector, mining, metalworking, chemical industry, telecommunications, investment, construction, transportation, airlines, wholesaling, retailing and servicing.
We specialize in both obligatory and initiated financial audit.
The management or business owners can initiate financial audit. The initiated audit can be integrated or thematic that provides for analyzing some specific aspects of accounting and tax processes. The most common examples of thematic audit are as follows:
- VAT audit
- Income tax audit
- Tax audit that is to check if a client company pays all taxes correctly
- Audit of fixed assets
- Audit of accounts receivable and accounts payable
- Production audit
- Audit of one or more individual financial and economic operations
The companies with nonresident owners and players in the international and stock markets can obtain our financial audit services under IFRS and conclusions in English.
We also provide a comprehensive analysis of the relevant laws and regulations and make official audit conclusions.
Our financial audit fee is determined by the following:
- Company activity types and accounting complexity
- Document workflow scope
- Current bookkeeping quality
The bookkeeping quality is determined by factors such as availability and completeness of any incoming and outgoing primary documents, proper document storage system, accounting software database equivalence and synchronization with primary documentation, correct report generation from the electronic database, and timely reporting to authorities. Depending on the above criteria, the audit complexity and budget may vary widely.
To estimate the audit budget, our auditors visit a client company, analyze its primary documents, accounting databases, official accounting, tax and statistical reports and based on the findings, develop the audit program, and determine a required number of auditors, time limits and budget guidelines.
When we agree on the terms and conditions, we sign a contract with a client company and begin working.
After the audit process is completed, the client will obtain our official audit conclusions that actually are guidelines for the government officials, from tax authorities to courts at any level.
We provide our financial audit services to companies located throughout Ukraine.







