UKRAINE AT A GLANCE
Group G
Anastasiya Chernyshova
25.03.2010
CONTENT
• Company fact sheet
• Market position
― Market share
― Clients profiles
― Ratings, membership in professional organizations
• BDO UKRAINE – Services and Industries
― Priority industries
― Number of clients - sectors
• Services and Managing Partner & Service Line Partners
• Business structure by services
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BDO IN UKRAINE
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COMPANY FACT SHEET
In 1993 Balance-Audit, the audit and consulting company, was established.
In 1997 it joined the BDO International network. Since then the company is called
BDO Balance-Audit.
In September 2003 the consulting company BDO Balance-Consulting was founded
and registered. BDO Balance-Consulting changed its name. The new one is
BDO Consulting.
In February 2009 the legal company BDO Legal Ukraine joined the BDO
International network.
In March 2009 the valuation company BDO Valuation LLC joined the BDO International
network.
In August 2009 BDO Balance-Audit changed its name. The new one is BDO. Renaming is
the result of a new rebranding strategy of BDO International – accounting network, a
Member Firm of which we are.
Nowadays, BDO companies in Ukraine are represented by three offices in Kiev and
Dnepropetrovsk with staff of more then 180 high skilled specialists.
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Kiev
Dnepropetrovsk
BDO IN UKRAINE - MARKET POSITION
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MARKET SHARE
BDO in Ukraine - 5.00%
Market share competitors:
Deloitte – 17%
E&Y – 10%
PwC – 7%
KPMG – 6%
Grant Thornton – 0,90%
The foreign companies of the second echelon (other International audit network) 30%
Ukrainian audit companies (National operators) & auditors, who operate on a
private basis – 24.10%
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CLIENT PROFILES
Number of clients – market positioning:
Listed/publicly traded companies – 3
Private/family owned companies – 77
Government/public services – 16
Total number of clients - 96
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RATINGS
National ranking – 5
Source national ranking (based on the market share) - Audit Chamber of Ukraine
Here are the results of the rating performed by Best of Kyiv (rating Kyiv Post)
More than 2,000 online voters at kyivpost.com, expert panel pick 2009 Best of Kyiv
winners:
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MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS
European Business Association, American Chamber of Commerce
Since February 22, 2010 BDO LLC is a member of European Business
Association.
Established in 1999, the European Business Association has been operating as a forum to discuss and find
solutions to problems affecting business in Ukraine. Currently the EBA, premier organization for foreign
business in Ukraine, brings together over 750 European, Ukrainian and multinational companies.
European Business Association has six regional offices operating in Dnipropetrovsk, Donetsk, Kharkiv, Lviv,
Odesa, Zhytomyr.
Since 2005 BDO LLC is a member of American Chamber of Commerce in
Ukraine.
The American Chamber of Commerce in Ukraine is among the most active and effective non-government,
non-profit business organizations operating in Ukraine. The Chamber is an apolitical organization and does
not endorse or align with any single political party or personality but instead strives to work across party
lines for the benefit of the internationally oriented business community and ultimately the Ukrainian
economy. One of the Chamber’s principal activities is to represent the foreign investment community as
well as to facilitate the entrance of potential new investors into this market. The Chamber advocates on
behalf of the Membership not only to the Ukrainian government, but also to all other governments, which
are economic partners of Ukraine, on matters of trade, commerce, and economic reform.
Chamber Member companies bring international expertise and business knowledge to Ukraine are among
the largest taxpayers in Ukraine and strive to be good corporate citizens.
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BDO UKRAINE - SERVICES AND INDUSTRIES
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PRIORITY SERVICE LINES
BDO (audit)
• Audit
• IFRS
implementation
• Internal audit
• Agreed-upon
examination
procedures
• Assistance to
CFOs
• Specialized
reviews and
researches
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BDO CONSULTING
• Corporate finance
• Organizational
changes
• HR consulting
• Business planning
& budgeting
• Administrative
accounting
• Technical
consulting
• Strategic
consulting
• Accounting
outsourcing
BDO LEGAL
UKRAINE
• International
structuring
• Due diligence
• M&A, Corporate
governance
• Litigation &
regulatory issues
• Legal consulting
BDO VALUATION
TAX practice
Valuation (in
particular, under
IVS and IFRS) of:
• business &
integral property
complexes
• securities &
corporate rights
• intangible assets
• real estate (land
plots, buildings,
etc.)
• other property
(personal
property, vehicles,
equipment,
cultural heritage
sites, etc.)
•Тax consulting
support in the
process of creating
an international
company structure.
•Written tax
consulting.
•Tax audit consulting support to
the clients.
•Tax consulting
support in case of
disputes with tax
authorities.
•Assistance in
preparation of tax
statements.
•Tax planning and
optimization.
•Verification of tax
accounting accuracy,
including corporate
income tax, VAT,
other taxes.
PRIORITY INDUSTRIES
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
agriculture
medicine
tourism (international hotel chains)
financial institutions
energy industry
telecommunications
media
mining
transportation
aviation
manufacturing (goods)
food industry
construction and real estate development business
exhibitions
real estate
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NUMBER OF CLIENTS - SECTORS
•
•
•
•
•
•
•
•
Real Estate – 10
Manufacturing – 27
Retail – 15
Tourism & Leisure – 1
TMT (Tech, media & telecoms) – 5
Banks & financial services – 11
Insurance services – 12
Not for profit - 15
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SERVICES AND MANAGING PARTNER & Service Line Partners
Sergiy A. Balchenko
Managing Partner,
ILP
BDO (audit)
• Audit
• IFRS
implementation
• Internal audit
• Agreed-upon
examination
procedures
• Assistance to
CFOs
• Specialized
reviews and
researches
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Netyksha Oksana,
Consulting service
manager
BDO CONSULTING
• Corporate finance
• Organizational
changes
• HR consulting
• Business planning
& budgeting
• Administrative
accounting
• Technical
consulting
• Strategic
consulting
• Accounting
outsourcing
Sergey Moliboh,
Director of BDO
Legal Ukraine
BDO LEGAL
UKRAINE
• International
structuring
• Due diligence
• M&A, Corporate
governance
• Litigation &
regulatory issues
• Legal consulting
Andrey Lazarev,
Director of
Appraisal
Company BDO
Valuation LLC
Nikolay
Matyukha,
Tax Consulting
Service Line
Partner
BDO VALUATION
TAX Practice
Valuation (in
particular, under
IVS and IFRS) of:
• business &
integral property
complexes
• securities &
corporate rights
• intangible assets
• real estate (land
plots, buildings,
etc.)
• other property
(personal
property, vehicles,
equipment,
cultural heritage
sites, etc.)
•Тax consulting
support in the
process of creating
an international
company structure.
•Written tax
consulting.
•Tax audit consulting support to
the clients.
•Tax consulting
support in case of
disputes with tax
authorities.
•Assistance in
preparation of tax
statements.
•Tax planning and
optimization.
•Verification of tax
accounting accuracy,
including corporate
income tax, VAT,
other taxes.
THANK YOU!
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