Financial Reporting
under IFRS for IT
Financial Transformation Hub (FTH) helps transform financial data and prepare IFRS-compliant reporting.
Services
Our approach combines structured methodology
with practical execution and quality control at every stage
Local GAAP → IFRS Transformation
Full transformation of financial reporting from Ukrainian accounting standards to IFRS. Adjusting entries, reclassifications, explanatory notes.
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.
Audit & Due Diligence Support
Preparation of documentation and working files for audit reviews. Communication with auditors, responding to queries, preparing additional disclosures.
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
Deliverables
A Complete Set of IFRS
Financial Statements
Each document is prepared in accordance with current standards and is ready for audit review.
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.
Analysis
We study your accounting system, identify differences between local GAAP and IFRS, and develop a transformation plan.
Output: Transformation PlanTransformation
We perform adjusting entries, prepare reclassifications, and build transformation worksheets.
Output: Working FilesReporting
We prepare a complete set of IFRS financial statements, including notes and disclosures.
Output: 5 Financial StatementsAudit
We prepare reporting and audit materials.
Output: Clean OpinionFTH 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 ExpertACCA DipIFR. Specializes in IFRS financial reporting transformation and preparation of financial statements for companies operating in international environments and working with clients, investors and auditors.
Svitlana Zubilevych
IFRS ExpertPhD in Economics, Professor. 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.
Project Team
Each project is supported by a dedicated 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