IFRS financial statements are a prerequisite for entering international markets. They help you attract investment from international players, lower your cost of capital and standardise your accounting. Put simply, these are the statements that investors need to see before they put money into your company. Preparing them correctly without the right expertise is unrealistic, and that is when a qualified accountant comes in.
What makes IFRS reporting special
International Financial Reporting Standards (IFRS) matter to multinational companies and international…
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Tax consulting is a service that helps keep tax payments even, gives a company a sound reputation as a taxpayer and brings taxes down to a reasonable level within the law. A tax consultant provides qualified help with tax law so that your business can run successfully.
What the service involves
Tax consulting is needed to optimise taxation in line with current law. It is a far more effective way to build a business than partial or full tax avoidance, for a simple reason: sound tax consulting helps create a positive image for your company so that it can grow and operate successfully.…
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An audit of annual financial statements is mandatory for many companies and matters to professional stock-market participants, shareholders, foreign investors and domestic lenders. It gives an independent professional opinion on whether the company's reporting complies with the law and the applicable standards. Read on to learn why it has become indispensable and how to bring in a qualified specialist.
How the process works
Financial statements are closely tied to the corporate income tax return (податкова декларація з податку на прибуток): most taxpayers file them together with…
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Professional accounting support for IT companies lets owners stop worrying about finances. The accountant pays taxes on time, handles the necessary financial transactions, keeps track of income and expenses, prepares documents and more.
What makes accounting support for IT firms different
The main difference lies in the specific accounting conditions: how taxes are paid, how staff are paid, reduced insurance rates and so on. The specialist involved does the following:
makes sure the firm does not overpay taxes;
removes the risk of errors in reporting;
makes…
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A financial audit (in legal terms, an audit of financial statements, audyt finansovoi zvitnosti) is an audit service in which accounting data and financial statement figures are examined, after which the auditor expresses an independent opinion on whether the statements comply in all material respects with the national accounting regulations (standards), International Financial Reporting Standards or other requirements. The definition is given in Article 1(1)(1) of the Law of Ukraine «On the Audit of Financial Statements and Auditing Activity» No. 2258-VIII of 21 December…
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