Accounting support

Outsourcing accounting functions helps save the time and resources needed to build an effective business.

Baker Tilly specialists have developed approaches and implemented methodologies that will free you from decisions related to the organization of accounting and tax accounting. By cooperating with us, you will receive a turnkey accounting service with a full range of services: from the preparation of primary documents to the formation of specific reporting.

We offer the following range of services:

• accounting according to the standards of the Ukrainian Accounting Standards and IFRS;

• accounting according to the client's own standards;

• preparation of financial statements in accordance with the Ukrainian Accounting Standards and IFRS;

• preparation of tax returns;

• personnel administration;

• accounting consulting;

• accounting optimization consulting;

• outsourcing of individual accounting issues.

Accounting

Every business is unique, but all enterprises have the same need to organize separate departments to carry out daily activities. For most Ukrainian enterprises, the obligation to maintain accounting is enshrined at the legislative level, regardless of the legal form of the business entity or the purpose of its activity.

We offer a wide range of accounting services for various organizations, allowing you to focus on your core business functions. We grow with your business and constantly improve our skills and knowledge, providing you with modern services and creating added value.

Outsourcing from Baker Tilly involves:

• regular accounting
• collection and preparation of primary documents
• preparation of financial statements in accordance with P(S)BU, IFRS and GAAP
• tax accounting and reporting to regulatory authorities
• support for e-bank transactions
• daily tax consultations
• management accounting
• account recovery
• assistance in the company liquidation procedure
• interaction with government agencies
• participation in audits, tax inspections and other activities

Reporting in accordance with IAS and IFRS

The use of International Accounting Standards (IAS) is a prerequisite for international accounting practice. At the same time, Ukrainian businesses need external support and expertise. In addition, external users who have a direct or indirect financial interest need consistent data in accordance with IFRS standards to assess opportunities and risks and effectively manage investments.

We understand the importance of IFRS reporting for both multinational corporations and small businesses, and ensure high-quality financial data representation.
We also transform accounts from Ukrainian P(S)BO to IAS-IFRS or maintain them on an ongoing basis.

Preparation of invoices

We take into account business goals and needs to group and update information as relevant as possible, determine key performance indicators for your business, and together decide which factors are significant.

Tax support and account recovery

Baker Tilly tax support ensures the minimization of tax risks and provides clients with confidence in the correctness and reliability of tax accounting, reporting and tax payment.
We carry out both a one-time review, verification of the company's tax accounting policy and the compliance of tax amounts payable, and provide these services on an ongoing basis.

In cases where accounting records are missing, our team can reconstruct accounts and reflect all past company transactions to prepare the necessary financial reports.