On the days of the professional holiday “Day of Accountant and Auditor”, the Federation of Professional Accountants and Auditors of Ukraine (FPAAU) held the 13th IFRSForum Ukraine-2024 “Profession in the face of global changes”.
The event, which took place on July 16-19, was devoted to current issues and global challenges faced by professionals in the field of accounting, reporting, auditing and taxes.
The Forum was aimed at drawing attention to important aspects of the current situation and discussing ways to adapt the profession to new conditions and requirements.
The program of the event was divided into professional thematic sections, where constructive discussions on the following key topics have been taking place for three days:
- Developing corporate reporting into a broader ecosystem that covers the needs of all stakeholders in all forms of reporting;
- Improving the audit quality;
- Implementing information technologies and Artificial Intelligence;
- Building a profession that will be attractive to the next generation.
Of particular importance was the section “Experience of replacing hostile software (practical steps and cases)”, moderated by Alla Savchenko, the President of BDO in Ukraine and Chairman of the FPAAU Supervisory Board. She put an emphasis on the importance of getting rid of russian software, including 1C and other programs, as well.
“War is a cruel teacher that teaches us to change our approaches to using hostile software while introducing new, safe alternatives. This is our accounting front, our patriotic consciousness, and our defense against enemy cyberattacks. We need a digital transformation of Ukrainian companies, especially in the financial sector. Managers must change their thinking and approach to this problem. There are dozens of alternative software solutions on the Ukrainian market that are worth paying attention to”, - noted Alla Savchenko.
Leading experts who presented their experience and examples of switching to alternative software took part in the Forum’s section “Experience of replacing hostile software”:
- Research by the Ukrainian Catholic University: Lots of companies are not ready to abandon russian software because of their habit of using the established systems, the fear of change, the transition costs, and the need to retrain their staff. The study aimed to identify the problems and share the successful cases of switching to alternative software. Iryna Ostash emphasized the need for changing the approach of managers to this problem, emphasizing the availability of numerous alternatives on the Ukrainian market.
- Anna Polyuga, CEO of Moya Malva: Shared her experience of switching from Russian 1C to Torgsoft, noting the pros and cons of the program, time and financial savings, mobile application and other opportunities. She emphasized the importance of cooperation with colleagues and the exchange of experience.
- Vitaliy Kurdyumov from Clarity Ukraine: Presented the experience of replacing hostile software with Microsoft 365 Business Central, emphasizing the advantages and opportunities of this solution for Ukrainian companies.
- Olga Petrusenko from SAP Ukraine: Presented SAP’s ERP systems for business, which are localized and adapted for Ukraine, making them efficient and convenient for use in the domestic business environment.
- Roman Yavorsky, Commercial Director of IT-Enterprise: Spoke about the importance of a smart approach to business process transformation, emphasizing that transformation should be an urgent necessity for companies seeking to remain competitive and efficient.
- Oleksandr Smirnov (A5 Solution) shared his experience of replacing russian software with Ukrainian alternatives, talking about the challenges and successful implementation of the new systems.
- Natalia Katerynets (Self-ERP) presented cases of business automation based on the Odoo product, emphasizing the increase in efficiency and stability of customers after the transition.
- Iryna Kachmarchyk (Cedepe Ukraine) spoke about the importance of modern software to ensure data security and reliability.
The speakers spoke together with their clients who are already using alternative software.
The Forum has become an important platform for exchanging knowledge and experience between the leading industry professionals, contributing to the development of the accounting and auditing profession in the face of modern challenges. During the three days of intensive discussions and debates, the participants were able to not only share their practical cases and successful strategies, but also to find new solutions to the current problems faced by the profession in the changing business environment. The Forum provided an opportunity for professionals not only to deepen their knowledge of current trends and technologies, but also to establish important contacts for further cooperation. Due to this event, the participants gained valuable experience and tools to improve their practices and adapt to new challenges.
Digitalization as a strategic priority for BDO in Ukraine
BDO in Ukraine focuses on implementing a digitalization strategy to ensure maximum efficiency and quality of services. The introduction of Artificial Intelligence to automate routine processes, the use of cloud solutions, cybersecurity, remote work and the integration of ERP systems allow us to maintain stable and productive operations. We offer comprehensive audit services, including the IT systems audit, risk assessment, security review and compliance with the international standards.
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