Audit services
Business 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 Starting from | from | 10900 | uah |
Initiative Audit
An Initiative Audit is a voluntary review of a company’s financial and operational activities, initiated by the owners or management to obtain an independent assessment of the company’s financial health, internal processes efficiency, and risk exposure.
Our experts conduct a comprehensive analysis of accounting, finance, taxation, and internal controls to provide management with a clear picture of the company’s status and practical recommendations for improvement.
Key stages of the Initiative Audit:
- Review of financial and accounting statements;
- Verification of the accuracy of the accounting software records;
- Review of tax information and the taxpayer’s electronic cabinet;
- Assessment of tax risks and potential penalties;
- Analysis of the internal control system;
- Evaluation of the efficiency of management processes;
- Preparation of an audit report with conclusions and recommendations.
The objective of an initiative audit is individualized, defined based on the client’s specific request, and agreed upon with the management personnel depending on the company’s needs.
| Initiative Audit | from | 1000 | $ |
Transformation of financial statements from NAS (National Accounting Standards) to IFRS (International Financial Reporting Standards)
Transformation of Financial Statements
Transformation of financial statements is the process of adjusting financial reports according to new rules and approaches. It may involve transitioning to international standards, updating accounting policies, or incorporating non-financial indicators.
The purpose of such transformation is to make reporting clear, comparable, and transparent for users — even amid constant changes in legislation and the economy.
This is not merely a formal procedure, but a necessity that requires reassessment, changes in recognition criteria, classification, and valuation of items. The process demands not only technical expertise but also analytical thinking, the ability to interpret, and a philosophical understanding of the economic essence of phenomena.
Objectives of Financial Statement Transformation:
- Enhancing transparency: ensuring a more accurate, reliable, and comparable presentation of financial information.
- Harmonization with international standards: aligning with IFRS requirements, ESG integration, and other global frameworks.
- Supporting strategic management: providing management with tools for deeper analysis, forecasting, and decision-making.
- Strengthening trust in the company: building confidence among investors, regulators, and the public through ethical reporting.
| Transformation of financial statements from National Accounting Standards to IFRS | from | 2500 | $ |
Grant Compliance Audit
Grant Audit – essential for confirming the proper use of funds for donors and grant providers.
Our Grant Audit includes:
- Verification of the appropriateness of fund usage according to the budget;
- Analysis of documentation and accounting systems;
- Assessment of the actual achievement of project objectives;
- Verification of the existence of purchased assets;
- Preparation of the auditor’s report on the use of grant funds.
| Grant Compliance Audit | from | 700 | $ |
Business Valuation
Business Valuation
Business valuation is essential for:
- Selling a business;
- Attracting investors;
- Exiting a business;
- Assessing the current business value for share distribution.
The business valuation process includes the following stages:
- Company analysis (historical data, financial statements, key performance indicators, competitive position, etc.);
- Review of management assumptions regarding the company’s future operations;
- Forecasting future cash flows with adjustments to exclude non-recurring and extraordinary expenses;
- Estimation of the Weighted Average Cost of Capital (WACC);
- Determination of Terminal Value;
- Defining the company’s value range, scenario analysis of possible events, sensitivity analysis, and modeling;
- Valuation using alternative methods, comparison of results, and selection of the median value.
| Business Valuation | from | 50000 | uah |
IFRS Consulting
IFRS Consulting is provided by certified auditors included in the Register of Auditors of Ukraine. Currently, our team consists of three certified auditors.
Our auditors’ core competencies include:
- In-depth knowledge of International Financial Reporting Standards (IFRS) and their practical application;
- Preparation of financial statements under IFRS;
- International taxation and tax planning;
- Legal structuring of businesses and optimization of corporate structures.
| IFRS Consulting | from | 5000 | uah/hour |
- +380734187147
- audit@consulting.lviv.ua