KPMG’s Global IFRS Institute

KPMG’s Global IFRS Institute

KPMG's insights on the international financial reporting standards and related matters.

KPMG's insights on the international financial reporting standards and related matters.

A guide through the changing financial reporting framework

KPMG's Global IFRS Institute provides information and resources to help Board and Audit Committee members, executives, management, stakeholders and government representatives gain insight and access thought leadership about the evolving global financial reporting framework.



Independent financial statement audits enhance the reliability of the information provided by companies to investors, creditors and other stakeholders in accordance with statutory requirements. A KPMG Audit provides both independent assurance and insight that goes beyond the audit opinion.


Our risk-oriented audit approach is based on a comprehensive understanding of the business activities of our clients, of the resultant business risks, and their implications for the annual financial statements and the management report. This approach includes an assessment of the internal controlling system. We provide the management and supervisory body of the company with an extensive report on the findings of our audit.


How we can help?

KPMG provides high-quality independent audit services including audit of financial statements prepared in accordance with international financial reporting standards, Ukrainian National Accounting Standards and other countries accounting standards (US GAAP etc.). We can also address any specific regulatory requirements such as compliance with the Sarbanes-Oxley Act for SEC registrants.

  • We work with clients and relevant external parties to understand the changing business environment.
  • We seek to get the basics right and to add value beyond the financial statements through the business insights we bring to each engagement.
  • We adopt an audit approach that is based on a proven methodology and reinforced by commitment to professional integrity, independence and ethical behavior.
  • We identify industry trends, issues and insights that may influence the accuracy and completeness of financial statements.
  • We assure frequent communication and substantial partner involvement to support the early identification and discussion of emerging risks.
  • We conduct сoordinated and consistent audit team management to minimize client involvement.
  • We provide detailed post audit feedback to discuss and address arising matters to enhance continuous improvement.
  • We offer high-level technical capabilities, a client focused culture and access to a global network of respected audit professionals. Our advice is clear, concise and relevant.

KPMG has also established an Audit Committee Institute to help board audit committees and their members keep up with governance, auditing, accounting and financial reporting issues.
 

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