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

2. Introduction

3. Location and Size of the Firm:
Name: PSP Audit LLC
Location: Ukraine, Kyiv
Specialization: Audit, Tax practice, Accounting outsourcing
Our team: 20 highly qualified specialists
Annual turnover: USD 600 000

4. 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 activity
2011-2012 PSP Audit became an Industry Leader according to the National Business Rating
2013 PSP Audit becomes the MGI member
2013 PSP Audit is accredited for providing audit of banks

5. 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

6. PSP Audit Nowadays:
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• 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

7. 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
INTRODUCTION
SERVICES

8. 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
OUTSOURCING

9. Our People

10. Our Team:
Managing
Partner- 1
Auditors- 7
Forensic
expert- 1Consultants- 2
Accountants- 9
20 highly qualified specialists

11. 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

12. Our Clients:

13. Our Clients:

14. Our Clients:

15. Our Region

16. 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

17. 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%

18. 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

19. 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

20. Thank
you
Any
questions?