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Webinar: Transparency and openness: Audit of financial statements of IT companies

20/ 07/ 2021
  KPMG in Ukraine invites you to take part in our webinar: Transparency and openness: Audit of financial statements of IT companies Date: 5 August 2021 Time: 11.00 am – 12.30 pm Format: Webinar Language: Ukrainian / Russian Registration: https://bit.ly/3rgZZK9 Financial reporting and accounting have not traditionally been a top priority for most Ukrainian IT companies, especially startups. However, this situation can quickly change as growth and development accelerate. Modern business demands means that verifying the overall flow of information and producing credible financial statements has become critical for any business, and IT is no exception. Making audited financial statements available is a vital step in the development of any serious IT company and a strong indicator of a business prepared for growth. First-time audits of financial statements can pose a challenge for both management and business owners, and that’s where KPMG can help. Issues to be discussed IT Company financial statement audits: what do you need and when should you start? Modified audits: how to prevent major misstatements Significant accounting issues for IT business How to prepare for audit by a ‘Big 4’ accounting firm This webinar will be dedicated to the process of auditing an IT company’s financial statements and the issues auditors can raise. We will also provide practical advice on how to avoid modifications in independent auditor reports that could adversely affect a company’s ability to enter cross-border capital markets and impact investor confidence. KPMG speakers: Sergey Gasparyan, Partner, Audit, KPMG in Ukraine. Sergey has extensive experience in private and public sector audits of financial statements prepared in accordance with US Generally Accepted Accounting Principles, Ukrainian National Accounting Standards (NAS), and International Financial Reporting Standards (IFRS). Sergey heads up KPMG in Ukraine’s Technology Industry Practice. Tetyana Milko, Director, Head of IFRS Accounting Methodology Services, KPMG in Ukraine. Tetiana has more than 13 years of professional experience with KPMG in Ukraine. During this period, she has provided financial statements audit services to variety of domestic and international companies, bridging the gap between Ukrainian NAS and IFRS. Tetiana specialises in providing IFRS accounting methodology advice to Ukrainian companies and leads consulting engagements on transitioning to IFRS. Target audience This webinar will be essential for owners, executives, CFOs, and managers of IT companies. If the webinar of interest to you, please register no later than 4 August 2021. Attendance is free of charge. Applications from consulting, law, and audit companies will not be accepted. KPMG in Ukraine would be happy to respond to any of your business queries. Please send your questions in advance to Yuliia Salei - ysalei@kpmg.ua. We look forward to seeing you at our webinar!

KPMG in Ukraine invites you to take part in our webinar: Transparency and openness: Audit of financial statements of IT companies

Date: 5 August 2021

Time: 11.00 am – 12.30 pm

Format: Webinar

Language: Ukrainian / Russian

Registration: https://bit.ly/3rgZZK9

Financial reporting and accounting have not traditionally been a top priority for most Ukrainian IT companies, especially startups. However, this situation can quickly change as growth and development accelerate. Modern business demands means that verifying the overall flow of information and producing credible financial statements has become critical for any business, and IT is no exception. Making audited financial statements available is a vital step in the development of any serious IT company and a strong indicator of a business prepared for growth. First-time audits of financial statements can pose a challenge for both management and business owners, and that’s where KPMG can help.

Issues to be discussed

  • IT Company financial statement audits: what do you need and when should you start?
  • Modified audits: how to prevent major misstatements
  • Significant accounting issues for IT business
  • How to prepare for audit by a ‘Big 4’ accounting firm

This webinar will be dedicated to the process of auditing an IT company’s financial statements and the issues auditors can raise. We will also provide practical advice on how to avoid modifications in independent auditor reports that could adversely affect a company’s ability to enter cross-border capital markets and impact investor confidence.

KPMG speakers:

Sergey Gasparyan, Partner, Audit, KPMG in Ukraine. Sergey has extensive experience in private and public sector audits of financial statements prepared in accordance with US Generally Accepted Accounting Principles, Ukrainian National Accounting Standards (NAS), and International Financial Reporting Standards (IFRS). Sergey heads up KPMG in Ukraine’s Technology Industry Practice.

Tetyana Milko, Director, Head of IFRS Accounting Methodology Services, KPMG in Ukraine. Tetiana has more than 13 years of professional experience with KPMG in Ukraine. During this period, she has provided financial statements audit services to variety of domestic and international companies, bridging the gap between Ukrainian NAS and IFRS. Tetiana specialises in providing IFRS accounting methodology advice to Ukrainian companies and leads consulting engagements on transitioning to IFRS.

Target audience

This webinar will be essential for owners, executives, CFOs, and managers of IT companies.

If the webinar of interest to you, please register no later than 4 August 2021. Attendance is free of charge. Applications from consulting, law, and audit companies will not be accepted.

KPMG in Ukraine would be happy to respond to any of your business queries. Please send your questions in advance to Yuliia Salei – ysalei@kpmg.ua.

We look forward to seeing you at our webinar!

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