Financial Reporting
under IFRS for IT

Financial Transformation Hub (FTH) provides IFRS transformation and financial reporting services for Ukrainian IT companies working with international clients, investors, and auditors.

Discuss Your Project Our Services
IFRS Reporting Package
IFRSFull Package
4-6 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
8+ Years of IFRS expertise
120+ Completed transformations
Big 4 Audit methodology alignment
24h Average response time

Services

Our approach combines structured
methodology with practical execution

We help IT companies transform financial data into reporting that meets international standards.

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. Management reporting, KPI dashboards.

Our Approach

Structured Methodology
Instead of Manual Work

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
  • Centralized transformation using automated tools
  • Additional layers of calculation accuracy controls
0
Financial ModelsAnalyzed and structured
0
IFRS StandardsProcessed with IT-industry specifics in mind
0
Transformation CasesReal examples, exceptions, complex situations
Verification AlgorithmRules and exceptions unified into a single system

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 Balance sheet - financial position at the reporting date
02 Statement of Profit or Loss and OCI Revenue, expenses, and other comprehensive income
03 Cash Flow Statement Operating, investing, and financing activities using direct or indirect 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: 4-6 weeks for a full package
  • 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 working files for auditors, respond to queries, and support the review process.

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.

VS

Vadym Sliusar

Founder

ACCA DipIFR. Specializes in IFRS financial reporting transformation and preparation of financial statements for companies working with international clients and auditors.

ACCADipIFR
Advisory Support

Selected projects involve experts with academic and professional experience in accounting and IFRS.

Svitlana Zubilevych PhD in Economics, Professor, ACCA DipIFR, IFRS IFA. Chair of the Professional Education Committee at FPBAU.
Volodymyr Kraievskyi Doctor of Economics, Professor. Specialization: accounting and analytical systems, macroeconomic analysis, and financial accounting.

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.

Schedule a Consultation info@fth-advisory.com

Get in Touch

Let's Discuss
Your Project

Phone+380 44 591 0800
Working HoursMon - Fri: 9:00 - 18:00
Free ConsultationThe first call is always free. We'll discuss your needs and suggest the best option.