Deloitte in Kazakhstan Everything Starts from the First Step Deloitte in Kazakhstan | Everything Starts from the First Step

Deloitte in Kazakhstan Everything starts from the first step Deloitte in Kazakhstan | Everything starts from the first step

02 Deloitte in Kazakhstan | Everything starts from the first step

Introduction

Deloitte is one of the world’s leading professional services firms, providing audit, consulting, financial consulting, risk management, tax and other services to public and private companies spanning multiple industries. With a globally connected network of member firms whose clients account for approximately 450 of the Fortune 500, Deloitte has operations in more than 150 countries, bringing world-class capabilities and in-depth local expertise to help its clients succeed in a challenging environment. More than 312,000 Deloitte experts are dedicated to the concept of achieving results we can be proud of. Deloitte is currently the fastest growing of the Big Four in Kazakhstan, employing 700 people in offices in Almaty, Astana, Atyrau and Aktau. Deloitte is represented by cross-functional industry groups that help clients find the right business solution based on market requirements. We constantly track the latest amendments in various sectors of the economy and offer our expert opinion on how they may affect business. We are consistently recognised as a market leader for the high quality of our services and our unique corporate culture. Deloitte has been operating in the region over 25 years. Reflecting back, and looking forward to the future, we maintain a long-term perspective and seek to make an impact that matters for our people, clients and society. Learn more about Deloitte in Kazakhstan on www.deloitte.kz

03 Deloitte in Kazakhstan | Everything starts from the first step

04 Deloitte in Kazakhstan | Everything starts from the first step

Our services Deloitte offers its clients a broad range of audit, tax, consulting and financial advisory services to support improved governance.

Audit & assurance and accounting • Performing audits according to LBMA • Advising on the implementation of new assistance Responsible Gold and Silver Guidance standards — IFRS 9, IFRS 15, IFRS 16 and We provide a full range of audit services (accreditation in Kazakhstan and IFRS 17 designed to add credibility to our clients’ Uzbekistan according to approved LBMA • Assisting in preparing financial information. Our international audit service providers) statements according to international approach is applied consistently around • Auditing special purpose reports for standards the world. projects financed by international • Assisting enterprises in setting up in- Our services in this area include: financial organisations (the World Bank, house accounting and financial reporting EBRD, USAID, ADB and others) • Auditing financial statements in functions); accordance with IFRS and national • Corporate social responsibility (CSR) • Training personnel in IFRS, US GAAP and standards (US GAAP, and others) reports other standards Advising on disclosures • Performing reviews and agreed upon • Ethics and Compliance reports and the format for presenting corporate procedures in relation to financial • Performing audit reviews of operator reports (annual reports, etc.) statements reports and auditing oil operations • Reviewing and preparing accounting policy

05 Deloitte in Kazakhstan | Everything starts from the first step

Legal consulting services Tax services Customs consulting services Deloitte Legal advises on national Deloitte Tax and Legal experts offer Our company provides services aimed and international projects, including their client a comprehensive range of directly at assisting clients in the public-private partnerships, and counts tax consulting services. Our approach understanding and practical application amongst its clients local and multinational combines insight and innovation from of existing statutory rules and regulations construction, engineering, developer and multiple disciplines with business and governing the import and export of goods. investment companies. We offer a wide industry knowledge to help your company In connection with the above we offer range of legal services related to both long- excel on a global scale. several services, including: term strategic planning and issues arising We offer the following tax advisory • Application of the provisions of customs from daily operations. services: legislation in respect of the import/export We provide legal consulting services • Tax management consulting of goods, including payment of customs on all areas of law, including but not • International tax duties and taxes. limited to: • Tax advisory on mergers and acquisitions • Application of the particular qualities • Labour law; of the periodic, preliminary, temporary • Transfer pricing • Migration law; customs declaration of goods, including • Bookkeeping, accounting, financial and the unassembled, disassembled, • Environmental law; tax reporting incomplete and unfinished forms. • Commercial law; • Global employer and individual solutions • Receiving a preliminary decision • Corporate law; • Indirect tax and customs compliance regarding the classification of goods. • Litigation — resolution of tax disputes, • Private client service • Carrying out preliminary calculations advising on environmental law and of customs duties and taxes applied to commercial disputes, including imported and exported goods. contractual, land disputes, debt • Other customs related issues. collection, labor and others; • Regulated industries.

06 Deloitte in Kazakhstan | Everything starts from the first step

Consulting Risk Advisory Financial Advisory The Deloitte Consulting Department offers We provide advice to help clients manage Deloitte offers a variety of financial services effective and reliable individual solutions risks arising at various stages of the that address many financial issues, adding that add value to your business. Deloitte business lifecycle from start-up through value to client businesses and supporting specialists will help you with the integration maturity, including strategic, operational, their sustainable growth. and implementation of innovative financial, and reputation risks. We pay technologies, and the improvement of the Our financial advisory services include: special attention to the business strategies day-to-day management of your business. • Business restructuring; pursued by our clients and are ready to We will develop strategies to help you enter • Due diligence; provide services tailored to their needs. We new market segments and take you though offer practical solutions that help identify • Mediation services: corporate conflicts the process of implementing corporate and measure risk factors, and assess and M&A transactions; governance systems. the gap between existing systems and • Financial modelling; Deloitte consulting services in the processes and technical requirements, • Business and asset valuation; region include: thus achieving operational excellence. • Capital increase, including equity and • Strategy and operations Our enterprise risk management debt financing. We work with major - Strategy services include: investment funds, international financial - Operations transformation • The implementation and assessment of institutions and other sources of financing; - Finance transformation enterprise risk management Systems (strategic, operational, etc.); • Comprehensive M&A transaction - Supply Chain • The implementation and assessment of support both on the seller side and on - Merger and acquisition financial risk management systems (credit the buyer side, including the search for • Human capital and organisation risks, capital risks, forex risks, liquidity potential buyers, transaction structuring transformation management risks); and closure. • Assistance in thereorganisation of • Technology and integration • Internal controls system development companies and groups of companies, and assessment; including assistance with selling a stake in • The assessment and implementation a company; of Governance, Risk and Compliance • Development of shareholded exit programs, including SAP GRC; strategies; • IT audits and information security • Tariff structure reviews. assessments; • The assessment and development of cyber security frameworks; • Internal audits including operational audits, contract audits, internal control reviews, compliance assessments, etc.; • Information system implementation audits; • Actuarial services; • Corporate social responsibility.

07 Deloitte in Kazakhstan | Everything starts from the first step

Corporate Governance IPO and Post-listing Services We assist boards and their members to The number of companies seeking new become more effective in overseeing their capital on exchanges will continue to rise organization’s key risks, strategy, and in Kazakhstan as their need for capital to overall governance structure. We help support growth, whether in infrastructure, organizations in making their corporate core business development, or M&A governance systems more effective in increases. line with best international practices We offer our clients a variety of and achieving compliance with relevant integrated IPO services: regulatory frameworks. • IPO diagnostics; Our corporate governance services • Tax and legal restructuring in preparation include: for IPO; • Board & Committee Governance • Accounts preparation in accordance with Assessments. Benchmarking board IFRS practices against leading practices and • IFRS reporting and fast close, to meet those of peer companies exchange requirements; • Board Effectiveness Labs • Executive remuneration plans to motivate • Board Governance Advisory. Assessment your board, during and after IPO; and drafting of governance policies and procedures • Corporate governance advice on transparency, risk management, etc. • Corporate Secretarial Outsourcing • Obtaining investors’ perspectives of our clients’ governance practices

08 Deloitte in Kazakhstan | Everything starts from the first step

Company Transformation Services Deloitte Forensic • E-discovery: Modernisation and productivity Deloitte has the leading Forensic practice – Implement practical approaches For many companies the modernisation in Russia and the CIS. With more than 70 supported by specialist technology process includes many stages, but certain professionals across the Russian-speaking and processes. elements are core, such as industry region dedicated to forensic work, we lead • Dispute services: our competitors in both scale and focus. sustainability, the development of a related – Act as accounting experts on issues business strategy, an understanding of We assist our clients in identifying and ranging from breaches of contract and position in both global or local competitive mitigating risks related to fraud, illegal asset expropriation to purchase price environments, and finally productivity. practices or unethical conduct. disputes; To help your company successfully Our team has specialists that determine – Work both with law firms and complete the modernisation process to the financial losses incurred due to the directly with our clients to provide improve productivity, we can assist you in: misappropriation of assets or suboptimal independent, objective expert witness • Optimising your cost base, working purchases/sales. Our team implements services to assess damages in claims capital management and business leading risk management frameworks at the major arbitral institutions, processes — making your company to meet each company’s specific risk including the International Chamber efficient, lean and well-organised; exposure, regardless of sector or of Commerce (ICC), the London Court jurisdiction. • Managing and protecting your assets — a of International Arbitration (LCIA), the new environment creates new external We offer our clients a variety of International Centre for Settlement and internal threats, so consider them forensic services: of Investment Disputes (ICSID) and other international dispute resolution carefully; • Fraud and accounting investigations: forums. • Focusing efforts on personnel – Analyse accounting entries, electronic • Anti-bribery and anti-corruption services: management to enhance staff data, email correspondence, conduct performance and retain key people; staff and third party interviews, as – Assistance on a broad range of anti- • Revising your business plans to reflect well as analyse financial statements corruption-related matters covering new realities; and supporting documents in order pre-transaction, post-acquisition integration and ongoing monitoring; • Optimising your tax structure — helping to identify potentially questionable you save on tax and manage risk transactions; – Services include compliance appropriately; – Carry out internal investigations into programme review and implementation, anti-bribery due • Reviewing your strategic goals — refining potential fraud and unfair practices by diligence, forensic accounting your strategy, using the crisis to exploit management and employees. investigations of alleged violations of new opportunities; • Fraud risk management: anti-corruption legislation, and anti- • Ensuring you are legally compliant — – Analyse and highlight key areas bribery controls analysis. protecting your business with the best exposed to fraud risks in the business • Data analytics: legal practices. line of your concern; – Provide technology-driven bespoke – Identify vulnerabilities in business analytics services for 1C, SAP and GPS processes and IT systems leading to applications. business losses; • Anti-money laundering services: – Suggest options for blocking fraud schemes with a minimum impact on – Provide a comprehensive, discrete and business. timely solution for money laundering issues, aimed at minimising risk and • Business intelligence services: containing fallout. – Integrity due diligence: in-depth study of a target; – Data mining of counterparties: detect potential risks related to the state registration process and inconsistencies in business partners’ financial statements, and reveal affiliations among business partners, potential conflicts of interest, and other business and reputational risks.

09 Deloitte in Kazakhstan | Everything starts from the first step

Construction group • controlling project budgets and • monitoring and managing project Deloitte experts help their clients find confirming actual costs; analysing their implementation and project supplies; solutions to the challenges they come up justification and relevance for project confirming costs and managing against in major construction projects. Our implementation; analysing the need for project budgets; managing changes team consists of qualified architectural additional scope of work and confirming and analysing deviations and/or risks, and construction practitioners with its cost; agreeing project financing; together with recommendations for experience in implementing investment • managing the commissioning of facilities; reducing their impact; budget projects in the oil and gas, analysing technical project characteristics • managing project communication; industrial and livestock industries. Our and facts; managing subcontractor organisations services are divided into two main areas: • legislative compliance; and suppliers; controlling the receipt financial and technical controls and project of equipment and materials, and their • monitoring and managing project status. management. compliance with technical characteristics; Project management involves: Financial and technical controls • assessing whether project success involve: • developing project charters and rates have been met; participating in implementation plans that cover project • analysing projects budgets for commissioning. specifics; developing criteria that define completeness, adequacy and relevance; The construction group provides project success levels; • analysing project implementation other services to highlight unjustified • analysing and assisting in compiling construction costs, analyses and confirms schedules for deadline adequacy and budgets, schedules, contract and costs related to construction in progress; completeness, and correlation; procurement policies; analysing required reveals unscrupulous subcontractors; • analysing procurements and contract and available resources; developing discovers and reduces risks around policy; how contractual parties meet their criteria for the acceptance and poor quality work, budget excesses and obligations and analysing the impact of assessment of project services and work breaches of construction schedules. discrepancies on project implementation; provided, depending on the stage and/or block of work/supplies performed; • confirming project deliveries for compliance with design documentation • analysing and agreeing the technical with a photo record; analysing operating aspects of a project inclusive of project documentation; controlling the quality of characteristics, and the required project design and technical supervision; quality assessment criteria; 10 Deloitte in Kazakhstan | Everything starts from the first step

Contact information

Almaty Almaty Financial District, Building B Christopher Armitage Mark Smith 36, Al Farabi Avenue Chief Operating Officer, Deloitte CIS Partner, Head of Consulting Almaty 050000 Managing Partner Tel: +7 (727) 258 13 40 (ext.5335) Republic of Kazakhstan Tel: +7 (727) 258 13 40 (ext.4766) Email: [email protected] Email: [email protected] Tel.:+7 (727) 258 13 40 Marina Kostanian Fax: +7 (727) 258 13 41 Partner, Forensic & Construction Services Olga Belonogova www.deloitte.kz Partner, Head of Audit&Assurance Tel: +7 (727) 258 13 40 (ext.2797) Tel: +7 (727) 258 13 40 (ext.2797) Email: [email protected] Email: [email protected] Rachel Perry Agaisha Ibrasheva Director, Forensic and Disputes Services Partner, Head of Tax and Legal Tel: +7 (7122) 58 62 40/42 (ext.8938) Tel: +7 (727) 258 13 40 (ext.2755) Email: [email protected] Email: [email protected]

Andrey Nagurny Partner, Head of Financial Advisory Tel: +7 (727) 258 13 40 (ext.4736) Email: [email protected]

Nur-Sultan 1/5 Koshkarbayev Avenue, Alua Yessimbekova Geneva Block, 2nd floor, Partner, Head of Audit&Assurance 010000, Nur-Sultan Теl: +7 (7172) 58 04 80 Tel: +7 (727) 258 13 40 (ext.4766) www.deloitte.kz Email: [email protected]

Atyrau 3rd floor, Renaissance Atyrau Hotel Timothy Pingree 15B, Satpayev Street Director, Head of Audit&Assurance Atyrau, 060011 Tel.: +7 (7122) 58 62 40/42 (ext.8989) Tel.: +7 (7122) 58 62 40 Email: [email protected] Fax: +7 (7122) 58 62 41 www.deloitte.kz

Aktau

Caspian Riviera Grand Palace Hotel Business Center Microdistrict 4, building 39, Floor 7 Aktau, 130000 Tel.: +7 (7292) 70 10 82\83 www.deloitte.kz

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Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people make an impact that matters at www.deloitte.com.

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