Introduction of the standardized audit file SAF-T UA will significantly speed up verification process, reduce time for generating requests and cross-checks, provide detailed analytics and create additional convenience for business. This was discussed during the meeting of the State Tax Service’s representatives and more than 300 representatives of the audit community.
Event participants discussed key aspects of the SAF-T UA functioning as a modern electronic audit tool that complies with the OECD recommendations and takes into account national accounting characteristics.
Event was organized by the LLC "Crowe Erfolg Ukraine" – member of the international network Crowe Global.
Meeting participants considered practical experience of the European countries in introduction of the e-audit, challenges for business and tax authorities, benefits for the state and taxpayers, as well as typical errors in the process of submitting the SAF-T and ways to correct them.
Representatives of the State Tax Service answered questions from the business regarding introduction specifics of the SAF-T UA, technical requirements for files, as well as practical steps that enterprises should take to prepare for transition to the new format.
Practice of providing explanations and consultations to business, quality implementation of electronic audits will continue. State Tax Service seeks to ensure that digital accounting and reporting standards contribute to transparency, simplify procedures, and minimize risks for the taxpayers.
Business is encouraged to join testing process and provide the SAF-T files. This will allow to identify potential difficulties in a timely manner, improve the format, and make it as convenient and effective as possible for practical use.