Accounting and preparation of financial statements is performed in accordance with the requirements of the Ukrainian accounting standards and legislation. It is also possible to maintain accounting records / prepare financial statements in accordance with International Financial Reporting Standards (IFRS).
The service may include the following:
- Review of the primary documents and their recognition in the accounting system. For this purpose we use the mostly used accounting software (1С Accounting, Microsoft Navision, SAP, etc.);
- Preparation of financial statements in accordance with the Ukrainian Accounting Standards and, where necessary, IFRS and/or US GAAP (US Generally Accepted Accounting Principles). Reconciliation of accounting (reporting) data prepared under various accounting (reporting) standards.
- Preparation and submission of mandatory statistical reports;
- Development and implementation of accounting policies for an entity;
- Deferred tax calculation;
- Communications and reconciliations with contractors, gathering incoming primary documents;
- Preparation of the internal primary documentation (registration of business trips, waybills, write-offs and internal inventory relocations, etc.);
- Treasury services (bank accounts management – preparation of bank payment orders and/or requests to perform necessary payments, as well as communications with the banks).
- The list of necessary services and the order of cooperation shall be agreed with each client individually depending on your needs.