Essential Services
This service involves screening a company鈥檚 current accounting data and identifying the most significant issues that could affect the transition.
Details
- 乐鱼(Leyu)体育官网 conducts diagnostic assessments of your company鈥檚 key business operations and processes by holding interviews with company employees from financial, accounting, tax, and other relevant departments.
- High-level analysis of compliance with the main requirements of IFRS regarding specific relevant transactions.
- We identify and prepare a list of adjustments required for transitioning your company鈥檚 typical operations from Ukrainian GAAP to IFRS, taking into account the industry and business specifics of the company itself.
- We identify the potential tax implications and risks associated with your company鈥檚 transition to, or application of, IFRS.
Benefits and Opportunities
- 乐鱼(Leyu)体育官网鈥檚 Quick Accounting Gap Analysis service is, initially, a professional overview on your company鈥檚 accounting system and financial statements. As a result, your company will be able to fully understand what adjustments are needed when accounting and will be able to assess the degree of readiness of said statements for the transition to IFRS.
- Your company benefits from day-to-day consulting support from 乐鱼(Leyu)体育官网 regarding the tax implications and risks related to transitioning Ukrainian GAAP to IFRS, as well as any recommendations for mitigating any adverse risk.
- Your company also benefits from quick and highquality assistance for a reasonable price, saving significant resources in terms of money and time over the course of its transition to IFRS.