Audit services
Initiative Audit
A voluntary audit is a proactive review of a company’s financial and operational activities, initiated by owners or management to obtain an independent assessment of the company’s financial condition, internal processes efficiency, and risk levels.
Our experts conduct a comprehensive analysis of accounting, finance, taxation, and internal control systems, providing management with a clear understanding of the company’s current state and practical recommendations for improvement.
The service includes:
— Review of financial statements and accounting records
— Assessment of the accuracy of accounting software usage
— Analysis of tax records and taxpayer portal data
— Evaluation of tax risks and potential penalties
— Review of internal control systems
— Assessment of management processes efficiency
— Preparation of an audit report with conclusions and recommendations
Result: upon completion, the company receives an independent audit report with clear conclusions and actionable recommendations tailored to management needs and the specifics of the business.
| Initiative Audit | from | 50000 | uah |
Business Audit Check-Up
Business Check-Up: Comprehensive Back-Office Analysis
The best way to receive professional feedback on the state of your business.
The back office covers accounting, taxes, finance, and legal matters.
Our team — consisting of an auditor, lawyer, financial analyst, and tax expert — will analyze your business, identify risks, and provide recommendations for addressing (potential) issues.
The package includes:
— Accounting software audit: verification of correct bookkeeping practices.
— Tax audit: assessment of compliance with tax regulations.
— Financial audit: review of finances and efficiency of cash management.
— Legal audit: identification of potential legal risks.
— Internal control recommendations: guidance on making your business transparent and secure.
| Business Audit Check-Up | from | 25000 | uah |
Transformation of financial statements from NAS (National Accounting Standards) to IFRS (International Financial Reporting Standards)
We provide professional transformation of financial statements prepared under Ukrainian Accounting Standards (Ukrainian GAAP) into financial statements in accordance with International Financial Reporting Standards (IFRS).
This service is relevant for companies that need IFRS financial statements for investors, international partners, banks, parent companies, or audit purposes.
The service includes:
— analysis of the company’s accounting policies and financial statements prepared under Ukrainian GAAP
— identification of key differences between Ukrainian GAAP and IFRS
— preparation of IFRS transformation adjustments
— preparation of transformation schedules and working files
— preparation of IFRS financial statements (Balance Sheet, Profit and Loss Statement, Cash Flow Statement, Notes)
— preparation of explanatory notes to the financial statements
— консультації щодо застосування вимог IFRS
— preparation of financial statements for audit or group reporting purposes
Result:
The company receives a complete set of financial statements prepared in accordance with IFRS based on Ukrainian GAAP accounting data. These reports can be used for investors, banks, auditors, or international group reporting.
| Transformation of financial statements from National Accounting Standards to IFRS | from | 90000 | uah |
Grant Compliance Audit
A grant audit is conducted to confirm the proper and intended use of grant funds in accordance with the requirements of donors and grant providers.
We perform an independent review of how grant funds were used, including supporting documentation and project implementation, to ensure compliance with the terms of the grant agreement.
The service includes:
— verification of the targeted use of grant funds in accordance with the approved budget
— analysis of supporting documentation and accounting records
— review of transactions recorded in the accounting system
— assessment of the actual implementation of project activities and objectives
— verification of the existence of assets and materials purchased using grant funds
— preparation of an independent auditor’s report on the use of grant funds
Following the audit, the client receives an auditor’s report confirming that grant funds were used appropriately and in compliance with the grant agreement and donor requirements.
| Grant Compliance Audit | from | 35000 | uah |
Business Valuation
Company valuation is a comprehensive analysis of a business aimed at determining its fair market value based on financial performance, assets, profitability, and future growth potential.
This service is relevant for business owners, investors, and companies planning to attract investment, sell a business, restructure operations, or make strategic financial decisions.
The service includes:
— analysis of the company’s financial statements and key performance indicators
— assessment of assets, liabilities, and capital structure
— analysis of profitability and cash flows
— application of internationally recognized valuation approaches (income, market, and cost approaches)
— analysis of market conditions and the company’s position within its industry
— preparation of an analytical valuation report determining the company’s value
Result: the client receives a detailed company valuation report that can be used for negotiations with investors, business sale transactions, fundraising, or strategic financial planning.
| Business Valuation | from | 50000 | uah |
IFRS Consulting
IFRS consulting is provided for companies seeking to implement or optimize their financial reporting in accordance with International Financial Reporting Standards (IFRS).
The service includes:
— Expert advice on IFRS application
— Preparation of necessary financial calculations and adjustments
— Assistance in preparing accurate and transparent financial statements
Result: The company receives reliable IFRS-compliant financial statements along with clear recommendations for accounting practices and the application of international standards.
| IFRS Consulting | from | 5000 | uah/hour |
- audit@consulting.lviv.ua