FBK-BEL LLC Cultural and information Institution "Social film studio” Offer on performing audit services under the UNESCO Project Minsk 2020 FBK-BEL LLC Ref. No. 01-08/605 of June 19, 2020 To: Cultural and information institution "Social film studio" Dear Sirs, Auditing company FBK-Bel LLC, a member of the PKF International Limited family of legally independent firms, has an honour to present for Your consideration our offer on performing audit services under the UNESCO Project. The services will be rendered on the following conditions: The cost of rendering the services constitutes 2 500,00 (Two thousand five hundred dollars 00 cents) US Dollars excluding VAT. The specialists of the company are competent in rendering the offered type of services and have wide experience of rendering services within the international projects. The detailed information on rendering services within the frames of international projects is presented on pages 5-10. The accumulated experience allows us to understand and correctly evaluate the main tendencies in the contemporary business processes, global economy and the economic system of our country, to correctly understand and feel the inquiries and needs of our clients. The competitive advantages in rendering services of FBK-Bel LLC are: possibility of providing comprehensive quality services in accordance with the Belarusian and International standards; International status and high business reputation (FBK-Bel LLC is a member of Forum of Firms), FBK-Bel LLC has one of the leading positions in rating among audit companies in Belarus, conducted by the Chief Accountant Journal for the year 2018; experience in working with world-class companies; high corporate culture, technology, methods, quality standards and personnel meeting the requirements of the market. Knowledge and experience help us interpret the world where business works and economy develops. We learned it ourselves and want to share our knowledge with our clients. We are willing to be useful to society, forming business, success, reputation and future of our clients. Sincerely Yours, Alexey G. Reneisky Director of FBK-Bel LLC Legal and postal address of FBK-Bel LLC: FBK-Bel Limited Liability Company 201-11-22A, Logoisky highway, Minsk, 220090, Republic of Belarus TIN 690398039, OKPO 293223085000 settlement IBAN: BY82 ALFA 3012 2205 2500 5027 0000 in Alfa-Bank JSC identification code of Alfa-Bank JSC (BIC) - ALFABY2X Bank address: 47-43 Surganova St., Minsk, 220030, Republic of Belarus Phone/fax: 355-42-23 e-mail: [email protected] www.fbk.by FBK-Bel Limited Liability Company 201-11-22A Logoisky highway | Minsk | 220090 | Republic of Belarus Tel/fax +375 (17) 355 42 23 | E-mail [email protected] | www.fbk.by TIN 690398039 FBK-Bel LLC is a member firm of the PKF International Limited family of legally independent firms and does not accept any responsibility or liability for the actions or inactions of any individual member or correspondent firm or firms. FBK-BEL LLC About FBK-Bel LLC Over ten years of successful work FBK-Bel LLC managed to accumulate the creative potential of highly qualified auditors and consultants, who have worked for the leading local and international auditing companies. Our company is represented by a team of highly qualified professionals with broad expertise in the services we provide. The number of the company’s staff exceeds 60 people, 28 of whom are certified auditors, 21 professionals gained international qualifications in IFRS. FBK-Bel LLC has been a member of the International network of PKF International Limited since 2009 (www.pkf.com). PKF International Limited was established in 1969 and combines about 400 offices а member-firms in 150 countries with the implementation of one single methods and quality standards. Total number of PKF partners and personnel is 23 thousand people, the annual revenue is about USD 1.5 bln. The Mission of PKF International is to provide quality services based on the individual needs of each client. PKF Membership gives the opportunity: to issue auditor’s opinion prepared in accordance with the international standards; to apply in our work the most advanced international technologies in the sphere of accounting, audit, management and analysis; to resolve the tasks related to local and international expansion of our clients’ business. Forum of Firms is an association formed by International Federation of Accountants (IFAC) PKF International is a member of the Forum of Firms - an organization that connects 27 International networks rendering audit and advisory services (www.ifac.org). Formally established in 2002, the Forum of Firms (FOF) is an association of international networks of accounting firms that perform audits of financial statements that are or may be used across national borders. Members of the Forum voluntarily agree to meet certain requirements as detailed in the FOF Constitution. Commitment to the obligations of membership in the Forum contributes to raising the standards of the international practice of auditing in the interest of users of the profession's services. Members of the Forum can be companies and networks that: Have experience of conducting transnational audit; Promote consistent implementation of high quality audit practices worldwide, including the application of International Standards on Auditing; Support the convergence of national audit standards with International Standards on Auditing; Agree to comply with the obligations imposed on members of the Forum. FBK-Bel LLC possesses huge human resources capacity for rendering auditing and professional services, in particular: Audit of financial statements in accordance with the national standards Audit of financial statements in accordance with IFRS IT audit Audit of construction objects Advisory services Due Diligence Legal services Valuation services Business trainings 3 FBK-BEL LLC Management of FBK-Bel LLC company cares about provision of the necessary and sufficient assurance to the company’s clients. It means that the company in its activities follows not only requirements and limitations set by the legislation of the Republic of Belarus but also the international norms of auditing and internal standards. The company strictly follows the professional ethical principles. In working with our clients our main priorities are professionalism, quality of services, reliability and responsibility of the whole company. The advantages of cooperation with FBK-Bel are the experience in different spheres, understanding of business specific features, individual customer approach, team spirit and high professional qualities of our specialist. 4 FBK-BEL LLC Our Experience and Our Major Clients The acquired diverse experience of FBK-Bel LLC allows us to conduct audit and to provide audit related services for numerous governmental and non-governmental organisations of Belarus and abroad. The company has performed numerous audits of the projects selected by the Ministry of Regional Development for EPRD Office for Economic Policy and Regional Development Ltd. in the framework of “Execution of the external audit of projects under the Programme of the European Neighbourhood and Partnership Instrument Poland - Belarus - Ukraine (PBU) 2007-2013 and Lithuania - Poland - Russia (LPR) 2007-2013”. FBK-Bel LLC has also been engaged in assignment to perform confirmation procedures of GRANT contract costs within the Cross Border Cooperation Programme Poland-Belarus-Ukraine under the European Neighbourhood and Partnership Instrument 2007-2013. The company FBK-Bel LLC was one of originators of introduction of International Financial Reporting Standards to a number of Belarusian enterprises, where this system was worked out by its experts with further training of staff in order to apply it in accordance with IFRS in the future. FBK-Bel LLC has all capabilities to provide services for restatement (transformation) of financial statements prepared in accordance with the legislation of the Republic of Belarus to those that comply with the requirements of International Financial Reporting Standards (IFRS), and for conduct of audit of the transformed statements. FBK-Bel LLC possesses huge experience in conducting audit of targeted use of recourses of the projects being implemented in the Republic of Belarus financed by the international financial institutions and organisations: PROJECTS FINANCED BY NORDIC UNITED NATIONS DEVELOPMENT PROGRAM (UNDP) IN THE REPUBLIC OF BELARUS Renaturalisation and Sustainable Management of Peatlands in Belarus to Combat Land Degradation, Ensure Conservation of Globally Valuable Biodiversity and Mitigate Climate Change (2009); Spot check to assess the accuracy of financial records for cash transfers to the IP (Ministry of Natural Resources and Environmental Protection of the Republic of Belarus) within the frames of the Project Removing Barriers to Wind Power Development in Belarus, Project number 00075891/00087557 for the period from January 1, 2016 to December 31, 2016, status of the programme and whether there have been any significant changes to applicable internal controls Micro Assessment of the Institute of experimental botany named V.F. Kuprevich of the National Academy of Science of the Republic of Belarus Micro Assessment of the Institute of Genetics and Cytology of the National Academy of Science of the Republic of Belarus Micro Assessment of the Republican Unitary Enterprise "Center for International Environmental Projects, Certification and Audit "Ecologyinvest" Micro Assessment