Governor of the National Bank of Ukraine Ms Valeria Gontareva and Ms Natalia Samoilova, Audit Partner in Deloitte Ukraine, have signed the central bank’s 2015 Consolidated Financial Statements. The independent auditor who audited the Consolidated Financial Statements has issued a positive opinion. The auditor's report contains no remarks concerning misstatements.
Ms Samoilova underlined that the consolidated financial statements of the National Bank of Ukraine present fairly, in all material respects, the consolidated financial position of the regulator as at 31 December 2015, and its consolidated financial performance and cash flows for the year then ended in accordance with International Financial Reporting Standards. The auditor appreciated the close and fruitful cooperation with the central bank and commended the well-coordinated teamwork of the NBU’s structural subdivisions.
Ms Gontareva thanked the auditor for the delivery of a high-quality audit report and pointed out that the NBU strives to be a role model of professionalism and transparency.
Deloitte audits the financial statements of more than twenty central banks across the world. The NBU selected this independent auditor through a tender process to undertake the audit. Deloitte Ukraine has audited the NBU’s financial statements for the second year in a row.
The NBU compiles the annual financial statements in compliance with the International Financial Reporting Standards.
Pursuant to Article 9 of the Law of Ukraine On the National Bank of Ukraine and Article 14 of the Law of Ukraine On Accounting and Financial Reporting in Ukraine, the NBU shall publish the annual financial statements together with the audit opinion before 30 April in the year after the reporting year.
The Consolidated Financial Statements are an integral part of the Annual Report of the National Bank of Ukraine that is subject to approval by the NBU Board and the NBU Council.