SERGIY BALCHENKO
Certificate of inclusion into the Registry
NRCD No. 028 dated 26.01.2024
NRCD No. 028 dated 26.01.2024
EDUCATION
Ukrainian Economic University (Kyiv Trade and Economic Institute), 1983. Accounting and analysis of economic activity. Economist.
Institute of Business Administration and Management (IBAM) London, England (2002)
American Institute of AICPA and CIMA - Comprehensive IFRS Certificate Program (2021)
Corporate Governance Professional Association - Professional Development Program for Board Members "Corporate Director" (2022)
SPECIALIZATION AND FUNCTIONAL EXPERTISE
- Controlling risks during audits and providing services to improve accounting and reporting systems at enterprises;
- Audit of the financial statements of enterprises in accordance with the National Accounting Regulations (Standards), International Standards on Auditing, International Financial Reporting Standards and International Standards on Auditing;
- Audit of special financial statements of the International Bank for Reconstruction and Development Projects in accordance with the requirements of the Bank and International Standards on Auditing;
- Audit of financial statements of projects, including financial management experience and verification of the use of funds in accordance with the policies and procedures of the World Bank, the European Bank for Reconstruction and Development, the European Investment Bank and other international organisations.
EXPERIENCE
Since 2000 - Managing Partner/Director of BDO LLC
Membership in professional associations:
- From 1993 to 2001 he was a member of the Chamber of Auditors of Ukraine and Chairman of the Committee on Auditing Standards and Practices in Ukraine. He made a significant contribution to the development of audit in Ukraine at the stage of its formation and development. For the first time in Ukraine, he developed the National Standards on Auditing in Ukraine and the Code of Professional Ethics for Auditors of Ukraine based on the International Standards on Auditing;
- Since 1997, he has been a member of the Board of the Ukrainian Federation of Professional Accountants and Auditors of Ukraine;
- since 1998 – Member of the Ukrainian Union of Auditors;
- from 1995 to 1998 – Chairman of the Accounting Standards Committee of the International Regional Federation of Accountants and Auditors Eurasia and Secretary for External Relations of the IRFAA Eurasia. While working as a member of IRFAA Eurasia, he made proposals to improve international standards on quality control, audit, review, other assurance and related services and to provide sample audit reports as part of the standards adopted and published by the International Federation of Accountants. These were the only proposals accepted by this organisation in the history of professional organisations not only in Ukraine but also in Eastern Europe.
- He is included in the APOB Register of Auditors, No. 101086.
- 2001-2002 Supervisory Board of the National University of Kyiv-Mohyla Academy (NaUKMA)
- 2014-2018 Supervisory Board of PJSC "The State Export-Import Bank of Ukraine"