Financial Reporting and Accounting Advisory Services

Making your financial reporting easier

The growing complexity of accounting and financial reporting standards, differing industry practices in financial reporting and the constantly developing standards and interpretations result in financial directors and chief accountants spending more and more time verifying that business processes, structures and transactions are in line with those standards and developments and ensuring that the financial statements comply with the relevant regulations.

Significant time-savings and an improvement in the quality of the financial statements could be achieved if the accounting or financial reporting systems were properly attuned to the reporting and legal requirements. Furthermore, better predictability of the financial results can be achieved if the new accounting standards and developments are properly analyzed before their implementation. Our role is to help our clients in solving issues and enhancing processes concerning accounting and financial reporting.

Our Services:

Systems solutions in accounting and financial reporting

  • Re-designing charts of accounts
  • Post-implementation reviews of accounting and consolidation systems
  • Tax and deferred tax optimisation solutions
  • Specific systems solutions for IFRS and statutory reporting

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Accounting policies and interpretations

  • Design/ review of appropriate accounting policies
  • Advice on applying accounting policies
  • Quantitative and qualitative impact of changes to accounting policies
  • Expert opinions on specific IFRS / other GAAP issues

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Financial reporting developments

  • Analysis of the impact of new developments or accounting policies
  • Support in the implementation of new financial reporting requirements
  • Review of compliance with new financial reporting requirements

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Agreed-upon procedures

  • Compliance with debt covenants
  • Procedures tailored specifically to the company's needs

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Client training

  • Client-tailored training in accounting and financial reporting matters
  • Open seminars

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Why PwC?

PwC has a team of highly-skilled consultants with practical knowledge of IFRS, US GAAP and Ukrainian Accounting Standards, who have expertise in accounting and financial reporting systems.

We work closely with our tax experts and system and process specialists in order to deliver specific accounting system solutions, give support during the implementation of new standards and also provide our clients with comprehensive accounting advice or expert opinions.

PwC's chief advantage is that our advice is tailored to specific industry or sector practices, based on the experience and knowledge gained by our specialized industry groups.

You will save time and receive top quality practical solutions. We will fully support you in implementing these solution, should you decide to work with us.

 

Contact us

Oleg Tymkiv
Managing Partner
Tel: +380 44 354 04 04
Email

Olga Andrienko-Bentz
Director
Tel: +380 44 354 04 04
Email

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