On October 11, 2016, the city of Kiev welcomed the seminar “IFRS: how to interpret the reports of
public agricultural companies, whose shares are traded on foreign stock exchanges”. The event was
organized by the agricultural holding KSG Agro and Kreston GCG auditing company.
The seminar was attended by over 10 journalists from the leading Ukrainian media, writing on
agricultural topics. Among them there were representatives of the following agencies: Interfax-Ukraine,
Ukrinform and Ukrainian News, and websites: APK-Inform, Agroexpert, Agroportal, Agraveri, ProAgro,
“By conducting a seminar on the reports of public agricultural companies, we once again want to
emphasize the importance of open and transparent dialogue with the media, which we stick to from the
outset of our agricultural holding’s existence, – said KSG Agro General Director Sergey Mazin, – We thank
the journalists for their attention to the activities and financial performance of our agricultural holding.
We are confident that after this workshop it will be easier for the journalists to evaluate reporting of
“I am pleased to note that among the Ukrainian agricultural companies we have agricultural holdings,
which give the exact and correct use of the IFRS standards the biggest priority, – says Andrei Popov, a
partner at the auditing company Kreston GCG, – Holding the seminar together with KSG Agro we aimed
to help journalists interpret the statements correctly, highlighted Popov.
During the seminar, Sergey Mazin and director of the quality control department of Kreston GCG
auditing company Ruslan Izmailov told about the features of IFRS application in the preparation of the
financial statements of agricultural companies using the example of KSG Agro reporting. The speakers
also answered numerous questions from the journalists.
KSG Agro is one of the leading agricultural holdings in Ukraine, the European group of innovative
vertically integrated companies. Holding’s shares are listed on the Warsaw Stock Exchange. KSG Agro’s
main activity is farming, agricultural and pork production.
Kreston GCG is the Ukrainian representative of the international audit network Kreston International,
one of the world’s leading organizations in the field of audit and consulting services. More than 21 000
specialists and support staff in the Kreston International network serve private and public companies,
public sector enterprises, financial institutions, multinational corporations and non-profit organizations
in 108 countries.
Press-service of KSG Agro
Contact: Sergei Viktorov (tel 067-509- 17-27.) E-mail: firstname.lastname@example.org