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Outsourced accounting

 

Outsourced accounting is one of the most sought-for services in Ukraine, since it gives a chance to the management of an entity to focus on development of the business, while outsourced professionals provide for full scope accounting service. If you plan to develop your business in Ukraine, outsourced accounting will assist you in entering the local market within a short time without any problems with Ukrainian laws.


 
We offer a line of services on book-keeping and preparation of financial statements and tax returns for local and foreign companies:


• book-keeping in line with local laws;

• preparation and filing of financial statements to the respective controlling agencies in line with local laws;

• preparation and filing of tax returns to the respective controlling agencies in line with local laws;

• preparation of financial statements in line with international (IAS, IFRS) standards;

• consulting on the business operations of an entity;

• preparation of financial statements in line with inter-Group standards;

• preparation and filing of statements to social insurance agencies and State pension fund;

• other services.


 
Book-keeping in line with the local laws may include under consent of the parties:


• assistance in development of accounting policies of an entity;

• bank transactions;

• cash transactions;

• accounting of cash and bank transactions;

• inventories;

• fixed and intangible assets (receipt from a supplier, depreciation, disposal (sale, write-off, transfer));

• transactions with buyers and suppliers;

• payroll: calculation of wages and salaries for employees and managers, payroll taxes and deductions;

• income and expenses of the reporting period;

• preparation of quarterly and annual statements and returns based on the General Ledger and accounting registers.


 
Outsourced services would give you a chance to reduce administrative expenses and management risks.

 

Requesting the service