UAF official statement on the preliminary results of the independent audit

2024-04-18 16:03 The Ukrainian Football Association has released the preliminary results of the audit of its activities for ... UAF official statement on the preliminary results of the independent audit
18.04.2024, 16:03

The Ukrainian Football Association has released the preliminary results of the audit of its activities for 2015-2023, which is being conducted by the independent audit company AC Crowe Ukraine.

In January 2024, immediately after his election as UAF President, Andriy Shevchenko announced a comprehensive audit of the association's activities. Its first results are now known, and the final document should be completed within three months.

At this stage, AC Crowe Ukraine has identified an outflow of UAF assets of UAH 1 billion 342 million 900 thousand. The main losses were caused by transactions with offshore companies, losses due to the use of deposits, and expenses related to the overstatement of the cost of purchased goods/works/services.

The above data is preliminary and subject to final approval. The final results of the audit will be announced upon completion of the analysis.

× AC Crowe Ukraine is an independent audit company, a member of the international audit network Crowe Global, which is the eighth largest global audit network in the world. This network consists of independent audit and consulting firms in more than 150 countries and has 798 offices. AC Crowe Ukraine is a representative of the network with an impeccable reputation, which demonstrates the highest standards of quality and professional services.

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