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ESG Diligence: The Key To Sustainable M&A Transactions
AAB / People / Dmitry Kutyrkin
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Meet the Audit & Assurance team
Small and large private groups. Listed entities. Public interest entities. SEC registrants. FCA regulated entities.
Provide a variety of audit and assurance services.
Energy. Manufacturing.
As Audit Senior Manager, Dmitry Kutyrkin’s main role is acting as project manager for various audit projects and other services provided. Dmitry manages timelines, liaises with clients around reporting timelines, drafts budgets, and arranges reviews. Dmitry also manages several more junior members of staff, supporting them in their personal and professional development.
Dmitry provides guidance on complex accounting matters, brings in the technical expertise to the more complex disclosures in financial statements for clients, and he also makes the more complicated technical side of things understandable for his clients. He communicates suggested process improvements for reporting and other relevant areas that would benefit clients long-term, in terms of cost and reporting efficiencies, or ensuring that the client is compliant with regulations.
“For me, the ideal relationship with the client would be where there is a good level of understanding around the audit process (including the realistic timelines), having convenient working arrangements set, as well as scope for bringing in expertise (outlined above) for both audit team and the client. Additionally, if it would be great to have a mutual level of trust amongst the audit team and the client, where the client is happy to look into other services provided by AAB.”
“Clients of course expect the audit team to help them reach their goals in terms of compliance with Companies House and timely reporting. Additionally, the clients expect the audit teams to have enough knowledge and expertise to assist them in complex areas.”
“The most satisfying thing about working with client that you always observe a lot of interesting processes, different ways of working and how the business is set up to reach its goals. This provides a very valuable insight into the business we audit as well as creates opportunities for further development in the audit profession
When it comes to working with my colleagues, it’s always fun to work in a proper audit team and feel the team dynamic and there’s a great level of satisfaction and sense of achievement when we manage to reach the deadlines on timely basis!”
“With regards to my preferred balance between the virtual and ‘hands-on’ routes to working with clients, it depends entirely on the client. In today’s world most of audits can be done remotely using the latest technology and tools. However, I am flexible enough to resort to “old-school” way of working where we perform audit in-person.”
“The greatest challenge in my area would be new changes in auditing and accounting standards enforced by the professional bodies, which also impact the audit process and reporting. The best way to address this challenge is to keep up with the technical updates and get all technical support from ICAEW and other professional bodies that promote consistent technical development.”
“I am excited to work with my audit teams on the new and upcoming projects as these are some of the new areas for my development. I strongly believe that AAB provides a great service to our clients, and I am looking forward for the firm to provide new types of services in other professional service areas in the future!”
“To my mind, in order to achieve both our own goals and our clients’ goals we need to have a strong collaboration amongst us. Hence, I would always encourage strong team-work ethos as well make myself available for juniors for any questions or concerns. I would also encourage the client to be and extended part of our team so that we can all reach our goals!”
“Having worked on very large clients in the past I always bring the technical expertise and project management skills to the current audit projects (especially the more complex ones). I’d say this is the greatest strength I bring to AAB Group.”
“The biggest challenge around the audit is the gap regarding the understanding around the audit process. Usually, when the client is of a non-audit background this gap can be substantial, which causes a lot of delays and inefficiencies to the audit process. This also causes a lot of other negative externalities (such as deteriorated relationship between the audit firm and the client) for the audit process and reporting itself.”