PSP Audit _Presentation for MGI_

20

description

MGI European Area Meeting 2013.Accounting for the future. (27-29 june)

Transcript of PSP Audit _Presentation for MGI_

Page 1: PSP Audit _Presentation for MGI_
Page 2: PSP Audit _Presentation for MGI_

Introduction

Page 3: PSP Audit _Presentation for MGI_

Location and Size of the Firm:

Name: PSP Audit LLCLocation: Ukraine, KyivSpecialization: Audit, Tax practice, Accounting outsourcing

Our team: 20 highly qualified specialistsAnnual turnover: USD 600 000

Page 4: PSP Audit _Presentation for MGI_

Brief History:

2009 PSP Audit was founded

2009 PSP Audit was accredited in all state authorities

2010-2012 PSP Audit became the member of Alliott Group in Ukraine

2011 PSP Audit developed outsourcing activity2011-2012 PSP Audit became an Industry Leader according to the National Business Rating2013 PSP Audit becomes the MGI member

2013 PSP Audit is accredited for providing audit of banks

Page 5: PSP Audit _Presentation for MGI_

Our Values:P

S

P

A

U

D

I

T

rofessional approach

trict confidentiality

erspective for long-term fair relations with our clients

wareness of global trends

nique approach to solving our clients problems

ata validity and reliability

ntegrity in doing business

oughness in decision making

Page 6: PSP Audit _Presentation for MGI_

PSP Audit Nowadays:

fffPSPf

• Industry Leader 2011-2012 according to the National Business Rating

• Accredited in all state registers for obligatory audit

PSP

• System of quality control was successfully checked• Audit risks are insured

PSP

• Provides services to more than 80 regular clients• Socially responsible

Page 7: PSP Audit _Presentation for MGI_

Our Practice:

• Audit of financial reporting prepared in accordance with IFRS, GAAP USA and NAS of Ukraine

• Audit of nonfinancial reporting

AUDIT SERVICES

• Providing services related to IFRS reporting preparation• Consulting and training staff on IFRS reporting

preparation

IFRS INTRODUCTI

ON SERVICES

Page 8: PSP Audit _Presentation for MGI_

Our Practice:

• Consulting on taxation and accounting issues• Consultative/subscriber services for clients and providing

services on tax accompaniment of companies• Planning and optimization of taxation• Validation of tax accounting, including VAT and other taxes

TAX PRACTICE

• Drafting tax reporting• Preparation and filing of statistical and financial accounts to

the Ukrainian statistical bodies, pension fund and tax authorities

• Payroll calculation• Personnel records• General accounting services

ACCOUNTING OUTSOURCIN

G

Page 9: PSP Audit _Presentation for MGI_

Our People

Page 10: PSP Audit _Presentation for MGI_

Our Team:

Managing Partner- 1

Auditors- 7

Forensic expert- 1Consultants- 2

Accoun-tants- 9

20 highly qualified specialists

Page 11: PSP Audit _Presentation for MGI_

Partner:

Our Team:

PARTNER Dmitry Sushko

SPECIALIZATION Tax audit and consulting

EDUCATION Ph.D. in Economics

M.A., Financial Management, 2001

M.A. in law regulation of economy, 2002.

EXPERIENCE 15 years

ACHIEVEMENTS Certified Auditor

The ACCA Diploma in IFRS (DipIFR)

Forensic expert

Page 12: PSP Audit _Presentation for MGI_

Our Clients:

Page 13: PSP Audit _Presentation for MGI_

Our Clients:

Page 14: PSP Audit _Presentation for MGI_

Our Clients:

Page 15: PSP Audit _Presentation for MGI_

Our Region

Page 16: PSP Audit _Presentation for MGI_

Ukraine. Common Facts:

• Ukraine

Country

• Eastern Europe

Geographical position

• Russia, Belarus, Poland, Hungary, Romania, Slovac Republic, Moldova

Neighbor countries

• 45,5 mln

Population

• Hryvnia

Currency

• Ukrainian , Russian

Language

• Presidential -Parliamentary Republic

Political system

Page 17: PSP Audit _Presentation for MGI_

The Major Economic Indicators in Ukraine:

Inflation rate has been reducing for recent years, this year inflation is not to exceed 6%

Budget deficit averaging near 5% of GDP

Average monthly salary is USD 400-500

Ukraine’s public debt to GDP ratio is targeted at 38.5%

Page 18: PSP Audit _Presentation for MGI_

Economic System of Ukraine

Economy Market economy

Advantages of doing business in Ukraine:- geographical position- climate conditions- rich soil- cheap human resources

Disadvantages of doing business in Ukraine:- politically instability- corruption

Areas of interests for investments:Agriculture, consumer industry, machinery and transport equipment, metal mining and production

Page 19: PSP Audit _Presentation for MGI_

Our Areas of Interest

Countries for cooperation All countries

Limitations and special conditions

No

Markets Production, agriculture, finance and investments, wholesale and retail trade

The main service areas Due diligence, Audit, Tax consulting, Accounting outsourcing

Page 20: PSP Audit _Presentation for MGI_

Thank you

Any questions?