«TEO-AUDIT AUDITING FIRM» LIMITED LIABILITY COMPANY (hereinafter referred to as «TEO-AUDIT» LLC, or the auditing firm), identification code 41458007, date and number of entry in the Unified State Register of State Registration of a Legal Entity: 07/13/2017, 1 070 102 0000 069566, registered by the Pechersk District State Administration in the city of Kyiv.
«TEO-AUDIT» LLC is registered in the Register of Auditors and Subjects of Audit Activity No. 4708.
The owners (founders) of «AF» TEO-AUDIT» LLC, in accordance with the current Statute, are natural persons who are auditors and own 50% of the authorized capital:
PARYPSA OLENA ANATOLIIVNA, amount of contribution to the statutory fund (UAH): 12,000.00 (50%);
PARFENYUK NATALIYA VASYLIVNA, Amount of contribution to the statutory fund (UAH): 12,000.00 (50%).
«TEO-AUDIT» LLC is not a member of the network.
Виконавчим органом ТОВ «АФ «ТЕО-АУДИТ», що здійснює управління його поточною діяльністю, є Директор – Парфенюк Наталія Василівна. Контроль за діяльністю виконавчого органу здійснюється у порядку, встановленому Статутом та законодавством України.
The highest body of the Society is the general meeting of its Members.
Participants have the number of votes proportional to the size of their share in the authorized capital.
The exclusive competence of the general meeting of Participants includes:
1) determination of the main areas of activity of the Society, approval of its plans and reports on their implementation;
2) making changes to the Company’s charter, changing the size of its authorized capital;
3) appointment (election) and dismissal (revocation) of the Director of the Company and granting permission to the Director of the Company to transfer part of his powers to manage the Company to the deputy directors of the Company;
4) determination of forms of control over the activities of the Director;
5) approval of annual reports and accounting balances, distribution of profits and losses of the Company;
6) resolving the issue of the Company’s acquisition of the Participant’s share;
7) resolving questions about the acceptance or exclusion of Members of the Society;
8) making a decision on the alienation of the Company’s property in the amount of fifty percent or more of the Company’s property;
9) adoption of a decision on the termination of the Company, appointment of the liquidation commission, approval of the liquidation balance sheet.
Issues that are within the exclusive competence of the general meeting of the Company’s Participants cannot be submitted by them for decision to the executive body of the Company.
The general meeting of the members of the Society has the right to make decisions on all issues of the Society’s activity, including those transferred by the general meeting to the competence of the executive body.
Decisions are made by a simple majority vote.
The executive body of the Society is the Director, who is elected (appointed) by the general meeting of the Participants. The director, with the permission of the general meeting of the members of the Company, may transfer part of his authority to manage the company to the deputy directors of the Company. The Director resolves all issues of the Society’s activities, except for those that are within the competence of the members’ meetings, and carries out current management of the Society’s activities.
The Director is accountable to the Meeting of Participants, organizes the implementation of their decisions and does not have the right to make decisions that are binding on the Society’s members.
The Director has the right to act on behalf of the Society without a mandate, represents its interests in state authorities and local self-government bodies, other organizations, in relations with legal entities and citizens, forms the Society’s administration and resolves issues of the Society’s activities within the limits and in the manner determined by the Statute.
Control over the activities of the Director is carried out by the general meeting of participants.
3. Description of the internal quality control system and statement of the management or supervisory body about its effectiveness
LLC «AF «TEO-AUDIT»» developed and approved the «Regulations on quality control of audit services (new version) (PCIA 1)» and «Regulations on the Quality Management System».
Responsibility for the development, implementation, maintenance and effective functioning of the quality control system at the company lies with the director of TEO-AUDIT LLC, Parfenyuk Nataliya Vasylivna.
The director N.V. Parfenyuk is responsible for the performance of the functions of maintaining the effective functioning of the quality control system at the company, who has sufficient and relevant experience and abilities that make it possible to identify and understand quality control issues and develop relevant policies and procedures, and has all the necessary authority to implement and implement such procedures.
Nataliya Vasylivna Parfenyuk has a certificate of an auditor of Ukraine, and an ACCA diploma in International Financial Reporting (DipIFRM in Russian).
4. Information about the date of the last external inspection of the quality control system
«TEO-AUDIT» LLC successfully passed the external audit of the auditing services quality control system, which was created at the firm in accordance with the International Auditing Standards, norms of professional ethics of auditors and legislative and regulatory requirements governing auditing activities in Ukraine. The auditing firm was issued a CERTIFICATE of compliance with the quality control system according to decision No. 1594 of the APU dated July 12, 2018, No. 363/5, valid until December 31, 2023.
In accordance with the plan-schedule of quality control inspections for 2023, the State Institution «Body of Public Supervision of Audit Inspection» conducts a quality control inspection at the audit firm.
5. The audit firm provided statutory audit services in the previous year 2022 to enterprises of public interest, namely :
LLC «FINANCIAL COMPANY» MAGNAT»,
LLC «FINANCIAL COMPANY» OCTAVA FINANCE»,
LLC MARVEL TRADING HOUSE,
LLC «TALNIVSKY SHCHEBSAVOD»,
PJSC «CHERKASYOBLENERGO».
6. Information on independence practices, as well as confirmation of an internal review of compliance with independence.
Prior to the beginning of the tasks of the mandatory audit of financial statements, the auditing firm, the key audit partner and the auditors who will directly or indirectly perform the tasks of the mandatory audit of the financial statements of the legal entity, conduct an assessment of threats to independence, namely to assess and document:
1) compliance with the independence requirements defined by Law No. 2258-VIII;
2) threats to independence and precautionary measures taken to mitigate the risks of their occurrence;
3) the sufficiency of the number of auditors and other personnel, time and resources necessary for the implementation of a full set of procedures to perform the task of mandatory audit of financial statements;
4) compliance of the key audit partner and auditors who will be involved in the performance of the mandatory audit task with the requirements of Law No. 2258-VIII.
When providing services for a mandatory audit of financial statements to a public interest enterprise, the audit firm, the key audit partner, the auditors who will be involved in the performance of the task, in addition to the requirements specified above, must evaluate and document information about:
1) fulfillment of the requirements defined by Law No. 2258-VIII regarding the establishment of fees for mandatory audit services, compliance with restrictions on the provision of services that are not related to mandatory audits, and the duration of the period of provision of mandatory audit services an enterprise of public interest;
2) honesty and decency of officials of the management and supervisory bodies of the enterprise, which is of public interest, the financial statements of which are audited.
The company has developed and approved an internal company standard «Regulations on ensuring the independence of the auditor of TEO-AUDIT LLC AF», which makes it possible to assess threats to independence, assess and document the conduct of an internal review of compliance with independence. Developed procedures enable key audit partners or auditors to identify threats to independence in time to eliminate them.
7. Information on continuous training of auditors
The professional team is formed and supported by a constant combination of external and internal training of employees at all levels from intern to partner.
We recognize the crucial role of the professional training system of our employees as a service. Such a system covers both new employees and experienced specialists.
Continuous professional training of auditors is carried out by:
1) legal entities that meet the requirements established by the certification commission;
2) auditing firms that have developed their own continuous professional training programs, which are recognized by professional organizations — members of the International Federation of Accountants;
3) professional organizations of auditors and/or accountants.
Employees of the audit firm have certificates and diplomas that testify to a high level of knowledge of international financial reporting standards
Based on the needs of the audit firm, each year the subject of internal professional trainings is determined, participation in which is mandatory for certain categories of personnel. Such trainings are held regularly throughout the year.
Partners and other managers attend periodic courses to improve their management skills and personal development, participate in conferences and round tables. A high level of knowledge in these areas helps to ensure a smooth and efficient audit.
All certified auditors undergo mandatory external improvement of professional knowledge. The minimum duration of such advanced training is at least 120 hours over three consecutive calendar years. Every year, we conduct an analysis of the work of the staff, assessing the efficiency and competence of employees and their needs for professional training. The results of each such evaluation are used to make a decision on promotion or bonus.
For the timeliness of informing the personnel directly involved in the provision of audit services about possible shortcomings in their work, ways to eliminate them, and the timeliness of measures to adjust professional development plans, interim evaluations and evaluations of the employee based on the results of participation in each project are carried out during the year.
During the analysis of competence and requirements for further career growth, technical knowledge, academic and professional qualifications, participation in external and internal seminars, analytical thinking and communication skills, ability to learn and work in a team, build business relationships with clients, as well as personal qualities and professional development requirements. An integral part of such evaluation is the assessment of the quality of the work performed.
8. Information on the principles of remuneration of key partners
A key audit partner is an auditor who: is appointed by the audit firm to be responsible for conducting the audit of financial statements on behalf of the audit firm, in the case of a group audit — the auditor appointed by the audit firm to be responsible for conducting the audit of the consolidated financial statements of the group, and the auditor appointed to be responsible for conducting the audit financial statements of subsidiaries; signs the audit report.
The remuneration system of key audit partners is established by employment contracts in accordance with the remuneration system in force in the audit firm.
Partner remuneration consists of two components:
— monthly fixed salary, and
— premiums.
9. Description of the rotation policy of key audit partners and auditors involved in the performance of the statutory audit engagement
Key audit partners responsible for the mandatory audit of financial statements shall cease their participation in the mandatory audit of the financial statements of the public interest enterprise no later than seven years from the date of their appointment. They do not have the right to participate in the mandatory audit of this enterprise for the next three years.
The audit firm ensures the rotation of auditors involved in the performance of the task of the mandatory audit of financial statements. The incremental rotation mechanism is applied incrementally to specific individuals rather than to the entire group performing the task.
The duration of the task of mandatory audit of financial statements is calculated from the first financial year in accordance with the audit contract, according to which the subject of audit activity is first appointed to perform the task of mandatory audit of the same enterprise, which is of public interest.
10. Financial information
11. Information about related persons of the audit firm
Related persons are: legal entities provided that one of them exercises control over the other or both are under the control of a third party;
family members of a natural person — a husband (wife), as well as parents (adoptive parents), guardians (guardians), brothers, sisters, children and their husbands (wives);
an individual and members of his family and a legal entity, if such an individual and/or members of his family exercise control over the legal entity;
legal entities that directly or indirectly own each other’s share of the authorized capital, which is 10 percent or more of the authorized capital of such a legal entity.
Related persons of the audit firm: Paripsa O.A. and N.V. Parfenyuk, LLC «ION-AUDIT», LLC «PPP FINANCE», LLC «PPP UKRAINE», LLC «PPP AUDIT», PUBLIC ORGANIZATION «PROFESSIONAL ORGANIZATION OF AUDITORS, ACCOUNTANTS AND TEACHERS OF OKD».
teoaudit © 2026
