There are 2 Companies in Kyiv
that provide Accounting Services!

Kyiv, the Ukrainian capital and largest city is one of the largest tech hubs in Eastern Europe and it also hosts offices of international corporations and numerous tech companies that provide workplaces and above-average salaries in the IT sector in Ukraine. 

Kyiv is also the home of more than half of all Ukrainian IT companies, which is an expected fact. With a significant number of international investors, Kyiv aims to draw attention to the local market, even more, prioritizing the development of the IT sector. 

The capital of Ukraine is also the home of over 41% of all existing developers in the country, or, at least it was until 2019. Also here, more than half of all senior developers live in Kyiv, which again confirms the strong commitment of the city to develop the local IT sector and become one of the leading BPO centers in Europe. 

Out of 50 top IT companies in Ukraine have their offices in Kyiv, and all of them have employed more than 23K professionals within the sector. Samsung, Siemens, Huawei, Oracle, Snap, Ubisoft, Netracker, and Terrasoft are only a few tech giants that have their offices in Kyiv, mainly due to the local talent pool and relatively cheap workforce, compared to other countries, especially to those located in Western Europe. 

The average worker in the IT sector is aged between 25-30 y.o.  And around  84% have higher education, which is an impressive indicator both for the city and for the entire Eastern European region. 

Related to how well are being paid IT professionals in Kyiv, we can share several figures from different sources: 

According to Echoua research, software engineers have an average salary of $2100/mo, while other specialists like QA specialists and IT Project Managers get around $1500/mo. 

 However, based on another report from glassdoor, a developer has a yearly salary of $100K, which is $8.3K/mo. And based on the information provided by payscale, the average salary of a software engineer is estimated to only $1691or 47.168 UAH/year. 

Overall, Kyiv remains the largest tech center in Ukraine, and it aims to become the most important in the region, competing with Warsaw and Bucharest. 

Accounting Service refers to professional assistance from qualified accountants or accounting firms in managing your business financial records, reporting, and analysis. 

This service includes finance & accounting outsourcing (fao), financial accounting, forensic accounting, management accounting, etc. 

It is like having a trusted partner who handles your financial matters, records income, and expenses, and prepares financial reports to provide a clear picture of your business's financial statement. It also provides financial analysis and strategic advice to improve your business's performance.

In a survey conducted by the Association of Chartered Certified Accountants (ACCA), 84% of businesses believed that professional accountants play a crucial role in decision-making processes.

But why, accounting services are so important and defining? 

• First of all, they bring financial transparency; with accurate and transparent financial reporting, it is easier to make well-informed decisions about business. 

• In addition, it keeps your business on the right side of the law by ensuring compliance with accounting standards and tax regulations.

• Accounting services also have an important role in financial planning. Accountants help you create budgets, forecast future financial scenarios, and guide you on how to allocate your resources effectively. They're like financial navigators, steering you in the right direction to achieve your business goals.

When it comes to choosing an accounting company, there are a few things to consider. 

• Look for their expertise and specialization.
• Look for qualifications and certifications (CPA, CA).
• Check their reputation and track record of satisfied clients.
• Check out the range of services they offer to ensure they can handle your requirements.
• Technology is another aspect to look into. Advanced tools and software can streamline your financial processes, making everything more efficient and accurate.
• Don't forget about communication and support. An accounting company should be responsive and accessible.
• Last but not least, consider the cost and the quality of their services.

Choosing the right accounting company is a big decision, but following these tips, you'll find the one which will take care of your financial issues.

There are more than 209 companies on our platform that offer a wide variety of accounting services. Explore their detailed profiles, and client reviews, and feel free to get in touch with them.

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