Outsourcing of the financial and tax accounting

What is included in accounting and tax outsourcing services?

By choosing to work with EBS you get the most out of the time and the highest quality services:

• restoring accounting and tax accounting according to Ukrainian standards as well as restoring accounting and management accounts according to IFRS (IAS/GAAP);
• consulting and choosing financial systems, management of the system’s implementation;
• training on system operation and basic accounting training for respective personnel;
• maintaining day-to-day accounting records;
• preparation of statutory quarterly and annual accounts to statutory authorities;
• calculating all related taxes for the companies according to Ukrainian tax legislation. Submitting quarterly reports to the relevant tax authorities;
• coordination with the tax authorities;
• preparation of monthly (weekly) financial statements, management reports according to IAS (IAS/GAAP) following with the requirements of the owner, the investor.

EBS experts are the first to bring accounting and financial management outsourcing to the Ukrainian market. All the work of the team of experts is focused on making sure that the client’s business runs smoothly and that the accounting and tax accounting outsourcing services are of high quality.

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What are the benefits of working with the EBS team?

Among the benefits you will receive by opting for accounting services:

• Reducing the cost of salaries for the accounting department, as well as taxes and accounting overheads, as the cost is only calculated for the services actually rendered and that were of consistently high quality;
• Avoidance of any losses due to unskilled work of accountants;
• Reducing costs for logistics and maintenance of own financial department;
• Control of all changes in the legislation of Ukraine and timely changes necessary for correct accounting;
• Increase of organizational flexibility and speed of management decision-making;
• Concentration of resources and focus on key and strategic tasks, which will increase business profitability;
  Saving time and financial resources in dealing with regulatory and fiscal authorities, including minimizing the risk of fines;
• To avoid unwanted causes of changes in the client’s company, EBS experts work with the client’s records and organizational structures to ensure that the company operates productively in any political and economic environment;
• A guarantee of confidentiality and professionalism — we are responsible for your accounting and will not repeat past mistakes made by our in-house team.