Audit During a Change of Accountant
An independent assessment of the accounting records at the time of handover — helping clearly define the responsibilities of the outgoing and incoming accountant while protecting the business and its management.
Why Is an Audit Needed During a Change of Accountant?
When the Handover of Accounting Responsibilities Requires Independent Verification
A chief accountant oversees all key financial processes within a company — from primary documentation and banking operations to tax calculations and financial reporting. The resignation of such a specialist or a change within the finance team always creates increased risks for business owners and management.
The transfer of responsibilities from one accountant to another rarely occurs without challenges. An incoming accountant who receives documents under a standard handover act cannot realistically assess the quality of accounting records covering previous reporting periods within a few days. As a result, issues such as suspended VAT invoices, missing supporting documentation, or significant accounting errors may surface later, with legal responsibility ultimately falling on the company’s management.
Why Is an Independent Review Necessary?
A standard handover act merely confirms the transfer of files, records, and accounting databases. It does not verify whether transactions have been recorded correctly, whether tax obligations have been fulfilled properly, or whether the financial records accurately reflect the company’s position.
An Audit During a Change of Accountant by «Kyiv Auditor» provides an independent assessment of the accounting system and formally documents its actual condition at the date of the handover.
When Should You Order an Audit?
- Resignation of the Chief Accountant
- Urgent Departure of an Accountant
- Disputes or Conflicts During Employee Termination
- Acceptance of Responsibilities by a New Accountant
- Changes Within the Finance Team
Free Consultation
We will discuss your situation and determine the appropriate scope of the review with no obligations.
+38 (050) 381 19 47What the Service Includes
What Is Included in an Audit During a Change of Accountant?
An audit conducted during the transfer of accounting responsibilities provides an independent assessment of the actual condition of the accounting system as of a specific date. It is not merely a formal handover procedure but a practical tool for protecting management from the consequences of historical accounting errors.
Our focus is on verifying the accuracy of accounting records, confirming the availability of supporting documentation, and clearly defining the responsibilities of the outgoing and incoming accountant.
- Documentation of the Accounting Status at the Handover Date
- Verification of Supporting Documentation and Records
- Identification of Accounting Errors and Inaccuracies
- Review of Tax Calculations and Financial Reporting
- Clear Allocation of Responsibilities Between Accountants
Process
How It Works
A transparent four-step process — from defining the scope of work to receiving the final audit report.
Request
Define the audit objectives and agree on the scope of work
Preparation
Collection of required documents, records, and access permissions
Audit Review
Performance of audit procedures, testing, and financial analysis
Report
Delivery of the official audit report and practical recommendations
Benefits
Why Choose Us
Official registration, decades of professional experience, and complete confidentiality at every stage of the engagement.
Official Register
We are registered in the Official Register of Auditors and Audit Firms of Ukraine under Registration No. 3551.
20 Years of Experience
Since 2005, we have built extensive expertise across a wide range of industries and business sectors.
Confidentiality
We guarantee complete protection of confidential business information and the security of your data.
Written Report
A detailed audit report prepared in accordance with International Standards on Auditing (ISA), including practical recommendations.
FAQ
Frequently Asked Questions
The cost is determined individually and depends on the volume of business transactions, the period covered by the handover, and the depth of the review required. Following a free initial consultation, we provide a clear fixed-price proposal with no hidden fees.
The duration depends on the size of the business, the condition of the accounting records, and the scope of the engagement. After reviewing the circumstances of the handover, we provide an estimated timeline for completion.
Typically, we require accounting records, tax reports, supporting documentation, access to accounting systems, and documents related to the handover process. A detailed list is provided during the initial consultation.
Yes. The audit establishes the actual condition of the accounting records at the date of transfer, helping distinguish between pre-existing issues and matters arising after the new accountant assumes responsibility.
Ideally, the audit should be performed immediately before or during the handover process. This allows the condition of the accounting records to be documented accurately and helps minimize future disputes regarding responsibility for errors or omissions.
Order an Audit During a Change of Accountant
Receive a free preliminary consultation and establish the actual condition of your accounting records at the time of the handover.
- Free Initial Consultation
- Fixed Pricing with No Hidden Fees
- Complete Confidentiality of Your Information and Business Data