Financial Reporting
under IFRS

Financial Transformation Hub (FTH) helps transform financial data and prepare IFRS-compliant reporting.

IFRS Reporting Package
IFRSFull Package
2-6 wksFast Transformation
Audit-readyBig 4 Compatible
  • Statement of Financial Position
  • Statement of Profit or Loss and OCI
  • Cash Flow Statement
  • Statement of Changes in Equity
  • Notes to Financial Statements
IT Focus Industry-specific expertise
Systematic Approach Control and consistency across data, adjustments, and reporting
Transformation Model IFRS reporting built on a unified data logic

Services

Our approach combines structured methodology
with practical execution and quality control at every stage

01

Local GAAP → IFRS Transformation

Full transformation of financial reporting from Ukrainian accounting standards to IFRS. Adjusting entries, reclassifications, explanatory notes.

02

Full IFRS Reporting Package

Preparation of a complete set of financial statements: statement of financial position, statement of profit or loss and OCI, cash flow statement, statement of changes in equity, and notes.

03

Audit & Due Diligence Support

Preparation of documentation and working files for audit reviews. Communication with auditors, responding to queries, preparing additional disclosures.

04

Investor-Ready Structuring

Preparation of financial information in a format understood by international investors, funds, and strategic partners.

Our Approach

Structured Methodology
for Reporting Transformation

IFRS reporting at many companies still takes months. The main challenge lies not so much in the IFRS requirements themselves, but in the lack of a structured approach to transformation.

  • Structured reconciliation of financial data between standards
  • Consistent and well-grounded logic for transformation adjustments
  • Transformation built on a unified model
  • Additional layers of calculation accuracy controls
Financial Reporting Transformation Model A unified logic connecting data, adjustments, and reporting
01
IFRS Standards IntegrationApplication logic integrated into the transformation model with focus on key IT standards
02
Transformation PracticeReal cases, exceptions, and complex situations accounted for
03
ControlCalculation control and financial indicator consistency

Deliverables

A Complete Set of IFRS
Financial Statements

Each document is prepared in accordance with current standards and is ready for audit review.

01 Statement of Financial Position Financial position at the reporting date
02 Statement of Profit or Loss and OCI Revenue, expenses, and other comprehensive income
03 Cash Flow Statement Cash flows according to the chosen method
04 Statement of Changes in Equity Changes in equity for the reporting period
05 Notes to Financial Statements Accounting policies, judgments, and disclosures
Audit Working Files Transformation worksheets, reclassifications, supporting schedules

Why FTH

Transparent, Structured, and Consistent
Financial Reporting

We ensure the quality of financial information by combining a structured approach with practical execution of reporting transformation.

  • Practical application of IFRS and Ukrainian accounting standards
  • Specialization in IT companies and SaaS businesses
  • Estimated timeline: 2–6 weeks, depending on data volume
  • Approaches aligned with international audit firm practices
  • Structured approach and transparent communication

Process

How We Work

Four clear stages from analyzing your data to IFRS-ready financial statements.

01

Analysis

We study your accounting system, identify differences between local GAAP and IFRS, and develop a transformation plan.

Output: Transformation Plan
02

Transformation

We perform adjusting entries, prepare reclassifications, and build transformation worksheets.

Output: Working Files
03

Reporting

We prepare a complete set of IFRS financial statements, including notes and disclosures.

Output: 5 Financial Statements
04

Audit

We prepare reporting and audit materials.

Output: Clean Opinion

FTH Expertise

Practical Experience in Financial
Reporting Transformation

We combine practical experience in financial reporting transformation with a deep understanding of IFRS and Ukrainian accounting.

Vadym Sliusar

Founder · IFRS Financial Reporting Transformation Expert

ACCA DipIFR. Specializes in IFRS financial reporting transformation and preparation of financial statements for companies operating in an international environment and interacting with clients, investors, and auditors.

ACCADipIFR
Svitlana Zubilevych IFRS Expert PhD in Economics, Professor, ACCA DipIFR, IFRS IFA. Chair of the Professional Education Committee at the Federation of Professional Accountants and Auditors of Ukraine (FPBAU). Expertise in IFRS and accounting standards, including practical application and financial reporting methodology.
ACCADipIFRIFRS IFA
Project Team
Each project is handled by a dedicated project team of specialists, ensuring a structured approach, timely execution, and quality control at every stage.

Let's Discuss How We Can Prepare Your IFRS Financial Statements

Free consultation - tell us about your situation and we'll suggest the best approach.

Get in Touch

Let's Discuss
Your Project

Working HoursMon - Sun: 9:00 - 18:00
Free ConsultationInitial project discussion to understand your needs and estimate the scope of work.