Articles and practical guidance from UHY Prostir specialists on audit, accounting, HR administration, reporting, payroll, tax and legal matters in Ukraine. These materials are for Ukrainian and international businesses, non-profit organizations and teams working on donor-funded and grant-funded projects.
ExplainerA career in accounting often starts with basic tasks and grows into roles where systems thinking and people skills matter as much as accounting knowledge. Anna Korzh talks about her path from assistant accountant to Project Manager and how automation is reshaping the profession.
ExplainerThe global economic order is changing fast, and artificial intelligence is playing an ever greater role in these transformations.
ExplainerProfessional growth in outsourced accounting takes years of practice, but it rests on deeper things: responsibility, systems thinking and the ability to see the business behind the numbers. Larysa Sterniuk talks about her path, her team and the accountant’s changing role.
ExplainerGenerators, uninterruptible power supply systems (UPS), battery packs, and inverters are more than just equipment.
ExplainerThe 21st issue of UHY Global is now available online. UHY’s international business magazine provides analysis and commentary from the unique perspective of experts within the UHY network across the globe, delivering news, interest, and actionable insights for today’s global business community.
ExplainerA career is a series of decisions, challenges and gradual growth. Nataliia Pinchuk has spent more than ten years at UHY Prostir, rising from her first steps in the profession to Project Manager. She talks about her path, her values and what she would advise those starting out.
ExplainerLegal support for business in Ukraine today goes far beyond contracts and formal compliance. Olha Petrukhina, Partner and Head of Legal Practice at UHY Prostir, talks about the trends reshaping the legal landscape, the risks businesses underestimate and the principles she works by.
ExplainerAccounting outsourcing for LLCs has been a practical and effective tool for a long time that helps businesses reduce costs, avoid tax risks, and receive stable professional support without the need to employ an in-house accountant.
ExplainerThanks to grants, nonprofit organizations can implement large-scale initiatives and attract new resources and partners. We look at why complying with donor conditions is critical and how an audit of the targeted use of grant funds works.
ExplainerRegistering a Limited Liability Company (LLC) is an important step on the path to doing business in Ukraine.
ExplainerThe world of auditing is changing fast: automation, AI tools and a consulting mindset are on the rise. Viktor Safinskyi, Head of Audit and Partner at UHY Prostir Ukraine, talks about how the profession is transforming and which skills will define the auditor of the future.
ExplainerEffective operation of a charitable foundation is impossible without properly organized accounting.
ExplainerAccounting outsourcing is about structure, attention to detail and understanding what the client needs. Inna Starovoit, who has spent over 16 years at UHY Prostir and leads one of its accounting outsourcing teams, talks about partnership with clients and where the profession is heading.
ExplainerNGO audit is an independent review of an organization’s financial statements and activities that allows assessing their accuracy, compliance with accounting standards, legal requirements, and grant agreement terms.
ExplainerThe audit of grant projects is a generally accepted process for verifying the use of financial resources allocated to achieve specific project goals.
ExplainerIn today’s world, non-governmental organizations (NGOs) play an important role in addressing social, environmental, human rights, humanitarian, and many other issues. Effective financial management and accountability are among the key factors of their successful activity.
ExplainerThe work of charitable and public organizations in Ukraine is critically important in today’s realities. We look at the specifics of accounting for grant funds in NGOs and the mistakes that complicate audits.
ExplainerAccounting outsourcing is being transformed, and innovation plays the key role. Nataliia Lytvynenko, Chief Innovation Officer at UHY Prostir, talks about AI, automation and preparing the profession for its next stage.
ExplainerThe medical business is a field that requires not only high-quality services but also efficient financial management.
ExplainerPrivate equity (PE) is transforming industries around the world, and that is increasingly true of accountancy.
ExplainerMany employers believe they maintain documentation properly, but HR audits often uncover typical violations — from missing employment contracts to incorrect vacation records. Our experience shows that errors in HR record-keeping most often lead to sanctions.
ExplainerOver more than 15 years at UHY Prostir, Hanna Matseva has risen from assistant to CEO of accounting outsourcing. She talks about her path, the projects she is proud of, supporting the team and the company’s plans.
Explainer"We were forced to return part of the grant due to budget violations." Unfortunately, more than one non-governmental organization has heard this phrase.
ExplainerTransparency in financial activities and compliance with legal requirements are critical factors for successful development of a nonprofit organization.