Having entered foreign markets the Ukrainian entities and organizations found interest and support of overseas investors in Ukraine, which, accompanied by transition to IFRS, calls forth active participation of Kyiv Audit Group in the processes of international cooperation.
Since 2003 Kyiv Audit Group has been a representative of Ìoores Rowland International (on of the major international associations of accounting and auditing firms) in Ukraine. In 2006 this association entered 10 world largest associations of auditors and consultants.
At present Kyiv Audit Group is Associate member of Praxity, AISBL – a new international alliance of independent accounting firms established in spring 2007 as a result of joint initiative put forward by former Moores Rowland International key members and Mazars.
Praxity joins over 24 thousand professionals who work for 109 firms in 72 countries, including the major states in Europe, Asia, Africa, Latin America and the USA and Canada.
Praxity AISBL holds no.1 position among the 10 top international association of independent firms, and occupies the 8th line in the international ranking of accountants and auditors’ networks (According to the International Accounting Bulletin for the years 2009 and 2008 respectively).
Ranking for international associations of independent firms
|
Rank
|
Association
|
$m
|
|
1
|
Praxity
|
3 272.2
|
|
2
|
Leading Edge Alliance
|
2 419.9
|
|
3
|
Moore Stephens International
|
2 077.9
|
|
4
|
AGD International
|
1 535.7
|
|
5
|
Fiducial International
|
1 485.0
|
|
6
|
BKR International
|
1 300.0
|
|
7
|
IGAF Worldwide
|
1 267.8
|
|
8
|
DKF International
|
1 047.2
|
|
9
|
IAPA
|
939.3
|
|
10
|
CPA Associates International
|
910.0
|
Top international Networks and Associations (Òîð-10 in the World)
|
Most recent year’s fee income
|
$m
|
€m
|
|
1. PWC
|
28 185
|
19 730
|
|
2. Deloittes
|
27 400
|
19 180
|
|
3. Ernst&Young
|
24 500
|
17 150
|
|
4. KPMG
|
22 690
|
15 883
|
|
5. BDO International
|
5 154
|
3 608
|
|
6. Grant Thornton International
|
4 000
|
2 800
|
|
7. RSM International
|
3 577
|
2 504
|
|
8. Praxity
|
3 233
|
2 263
|
|
9. Baker Tilley International
|
2 956
|
2 069
|
|
10. Horwath International
|
2 894
|
2 026
|
|