Skip to content

Scientific and Economic Expertise

An Accredited Field of Independent Professional Expertise in the Form of Conformity Assessment

The advantage of commissioning independent professional expertise in the form of conformity assessment in the field of scientific and economic expertise from IPE LLC lies in the opportunity to engage professional experts whose scientific disciplines and specializations correspond to the matters specified in the Customer's order for expertise.

Learn more

Independent professional expertise in the form of conformity assessment in the field of scientific and economic expertise helps establish a scientifically substantiated approach to assessing economic data, indicators, calculations, and processes in complex situations requiring the application of special scientific knowledge in the fields of economic sciences.

We examine economic data, indicators, calculations, and processes, establish their economic interrelationships, substantiation, and consistency, and, where necessary, assess economic consequences and risks.

Scientific and economic expertise does not substitute for auditing, state financial control, or accounting unless the relevant function is the subject matter of a specific expert research assignment.

The result of such expert research is an Expert Opinion on independent professional expertise in the form of conformity assessment in the field of scientific and economic expertise.

The Expert Opinion is an independent expert document that may be used in negotiations, before courts, and before public authorities in accordance with the purpose and conditions of its use.

This provides professional expert support for making substantiated decisions and managing economic and related legal risks.

Specializations in the Field of Scientific and Economic Expertise

We Organize and Conduct Independent Professional Expertise in the Form of Conformity Assessment in the Field of Scientific and Economic Expertise

This section presents the specializations within the field of scientific and economic expertise in which IPE LLC organizes and conducts expert research using special scientific knowledge from the relevant fields of economic sciences.
Scientific and Economic Expertise
of Documentary Data Containing Economic Information

Expert research is conducted by professional experts possessing special scientific knowledge in the relevant fields of economic sciences necessary to examine documentary data containing economic information.

Within the scope of expert research, documentary data containing economic information are analyzed, their substantiation, interrelationships, and conformity with established assessment criteria are examined, and conclusions are formulated in accordance with the object, subject matter, and purpose of the expertise specified in the Customer's order.

Independent professional expertise in the form of conformity assessment in the field of scientific and economic expertise is organized and conducted by IPE LLC on the basis of an order prepared either in free form or using the provided template.
Sample Order 3.2
Algorithm for Conducting Independent Professional Expertise in the Form of Conformity Assessment in the Field of Scientific and Economic Expertise of Documentary Data Containing Economic Information
  • Identification of Input Data: (1) a list of information sources (financial statements, calculations, statistical data, contracts);
    (2) assessment of the completeness, reliability and suitability of the input data for conducting the expert examination;
    (3) identification of missing or insufficient data and determination of the impact of their absence on the possibility of formulating a conclusion;
    (4) determination of the methods and techniques of examination necessary to address the questions posed.
  • Examination of Economic Indicators and Processes: (1) whether the expenses are economically justified and comply with the applicable standards and internal documents;
    (2) determination of the economic factors that caused the respective indicator, expense, loss or result.
  • Assessment of the Economic Justification of Decisions: (1) assessment of the economic justification and logical consistency of the calculations;
    (2) assessment of the expediency, efficiency and possible alternatives, including by means of:
    – comparison of alternative options;
    – comparison of actual and calculated indicators;
    – scenario analysis, where necessary for the particular examination.
  • Assessment of Risks and Consequences: (1) identification and assessment of economic, financial and social risks;
    (2) forecasting possible economic consequences, taking into account the established input data and assumptions.
  • Scientific Generalization of the Results: (1) interpretation of the data obtained;
    (2) comparison of the results obtained with the principles of economic theory and the practice of business activities.
  • Formulation of the Final Results: (1) formulation of clear, logically substantiated answers to the questions posed;
    (2) specification of the limits of reliability and applicability of the results obtained, as well as the assumptions on which they are based;
    (3) formulation of the final result:
    – on the basis of the established input data;
    – taking into account the established limitations;
    – specifying, where applicable, the assumptions;
    – specifying the circumstances that may affect the reliability or applicability of the result.
Cooperation Process

A Clear Sequence of Steps to Ensure the Quality and Transparency of Expertise

Each stage of cooperation is clear to the Customer, from the initial inquiry to the receipt of the Expert Opinion.
Shown 4 of 7 steps
01
Submission and Registration of an Expertise Order
The Customer sends a scanned copy of a duly completed order, signed by an authorized representative, to the official email address of IPE LLC (nfe@nfe.org.ua). Upon receipt, IPE LLC registers, reviews, and processes the order in accordance with its established internal procedures for organizing and conducting expertise. The original paper copy of the order is submitted to IPE LLC during the subsequent exchange of documents with the Customer.
02
Selection of the Expert Group
Following the registration and preliminary review of the order, IPE LLC selects experts whose competence and scientific specialization correspond to the subject matter of the research. The composition of the expert group is determined, and preparations are made to assess risks associated with cooperation with the Customer and the involvement of the selected experts.
03
Anti-Corruption Due Diligence and Assessment of Impartiality Risks

IPE LLC conducts due diligence on the Customer and the selected experts based on the information obtained and publicly available sources. Corruption risks, potential conflicts of interest, and other circumstances that may affect the independence and impartiality of expert research are assessed.

These measures are carried out in accordance with the requirements of the international standard ISO 37001 and the anti-corruption management system implemented at IPE LLC.

04
Establishment of Contractual Relationships

After clarifying the subject matter and conditions of the expertise and agreeing on the service fee and timeframe for its completion, IPE LLC and the Customer enter into an agreement for the provision of services related to organizing and conducting independent professional expertise in the form of conformity assessment.

At this stage, the involvement of each designated expert and technical specialist is also formalized through the conclusion of the relevant agreements between IPE LLC and the respective individuals.

05
Conducting Expert Research

Expert research is conducted in accordance with the defined scope of work, the established sequence of its execution, and the application of appropriate research methods. Each expert performs assigned tasks within the scope of their scientific discipline and area of specialization. The results of the experts' work are consolidated to produce a single Expert Opinion, in compliance with the requirements for the quality, objectivity, and impartiality of expert research.

The final activities of this stage include the preparation, signing, and registration of the Expert Opinion, as well as the compilation of an archival file for the completed expertise. The archival file, together with one original copy of the Expert Opinion, is retained by IPE LLC for 10 years in accordance with the documented procedures of the inspection body's management system, implemented with due regard to the requirements of the international standard EN ISO/IEC 17020.

06
Issuance of the Expert Opinion and Exchange of Documents

IPE LLC provides the Customer with the agreed number of authentic copies of the duly prepared, signed, and registered Expert Opinion.

At this stage, the parties also exchange original paper documents related to the performance of the agreement, including copies of the service agreement, the service acceptance certificate, and other documents stipulated by the terms of the agreement.

07
Tracking the practical application of our expertises
We periodically receive information from customers about how our expert opinions were applied and what problems and tasks were resolved with their help. Based on the results of expert research, we prepare scientific publications and other analytical materials.
Completed Scientific and Economic Expertises

Explore Practical Examples of How Our Expert Research Results Are Applied

The results of independent professional expertise in the form of conformity assessment contribute to informed decision-making, the prevention of errors, and the minimization of risks and potential losses across various fields of activity.
Scientific and Economic Expertise

Frequently Asked Questions

What Is Scientific and Economic Expertise?

Scientific and economic expertise is an accredited field of independent professional expertise in the form of conformity assessment, within which economic data, indicators, calculations, and processes are examined using special scientific knowledge in the fields of economic sciences. Their economic interrelationships, substantiation, and consistency are established, and economic consequences and risks are assessed where necessary.

The result of the expert research is an Expert Opinion.

What Matters Can Be Submitted for Expert Research?

Matters concerning economic data, indicators, calculations, and processes may be submitted for expert research, including financial calculations, costs, losses, pricing, the economic substantiation of decisions, and their potential consequences and risks.

The specific matters to be examined are determined by the Customer, taking into account the object, subject matter, and purpose of the expertise.

What Documents and Materials Are Required for Conducting the Expertise?

The list of documents and materials required for conducting independent professional expertise in the form of conformity assessment is determined by the object, subject matter, and purpose of the expertise specified in the Customer's order.

The Customer must provide documents and materials containing economic information subject to examination, including financial and other reports, economic calculations, statistical data, agreements (contracts), their annexes, and other documents relevant to fulfilling the expertise assignment.

Within the scope of expert research, the relevance and sufficiency of the submitted documents and materials are assessed to establish the conformity of the circumstances under examination with the specified assessment criteria.

Who Is Included in the Expert Team?

Scientific and economic expertise is conducted collectively by an expert team consisting of at least three professional experts authorized by IPE LLC to perform the relevant types of work, whose professional qualifications and competence have been confirmed in accordance with the requirements of DSTU EN ISO/IEC 17020:2019.

The composition of the expert team is determined with due consideration of the scientific disciplines and specializations of the professional experts possessing special scientific knowledge in the relevant fields of economic sciences, in accordance with the object, subject matter, and purpose of the expertise.

Expert research is conducted in accordance with the principles of independence, competence, and collegiality, ensuring the formulation of joint, objective, and scientifically substantiated conclusions without external influence on the professional judgments of the professional experts.

How to Submit an Order for Expertise?

An order for independent professional expertise in the form of conformity assessment may be prepared in free form or using the sample available on the IPE LLC website.

The Customer sends a scanned copy of the duly completed order, signed by the head of the organization or another authorized person and indicating the outgoing reference number and date, to the official email address of IPE LLC (nfe@nfe.org.ua).

The original paper copy of the order is submitted to IPE LLC during the subsequent exchange of documents with the Customer.

How Is Expert Research Conducted?

Within the scope of expert research, professional experts assess the relevance and sufficiency of the documents and source data provided, examine economic indicators, calculations, and processes, establish their economic interrelationships, substantiation, and consistency, and, where necessary, assess economic consequences and risks.

Based on the research results, scientifically substantiated conclusions are formulated in accordance with the object, subject matter, and purpose of the expertise specified in the Customer's order.

How Long Does the Expertise Take?

The estimated timeframe for conducting independent professional expertise in the form of conformity assessment ranges from 1 to 10 working days, depending on the type, scope, and complexity of the expert research.

The specific timeframe for conducting the expertise is agreed upon by the parties and established in the service agreement, taking into account the specific characteristics of the Customer's expertise assignment.

What Determines the Cost of Conducting the Expertise?

The cost of conducting independent professional expertise in the form of conformity assessment is established in the service agreement, taking into account the subject matter of the expert research, the scope and content of the documents submitted for examination, the complexity of their analysis, the category of expertise (standard, low-complexity, complex, or urgent), the expert hourly rate, overhead costs, and applicable taxes.

What Is the Result of Independent Professional Expertise in the Form of Conformity Assessment?

The result of independent professional expertise in the form of conformity assessment is an Expert Opinion — an independent expert document containing scientifically substantiated findings of expert research, formulated on the basis of objectively established facts and circumstances through the application of specialized scientific and juridical knowledge.

The Expert Opinion presents the results of assessing the conformity of the circumstances under examination with established criteria, in accordance with the object, subject matter, and purpose of the expertise specified in the Customer's order.

For What Purposes May an Expert Opinion Be Used?

An Expert Opinion may be used to provide scientifically substantiated confirmation of the circumstances examined when making managerial and business decisions, conducting negotiations, resolving contractual matters, and substantiating legal grounds for procurement. It may also be submitted to courts, public authorities, and other authorized entities.

The permissible purposes and scope of its use are determined by the object, subject matter, and purpose of the expertise, the content of the established findings, and the conditions governing their application.

An Expert Opinion does not replace a decision made by an authorized entity or guarantee that any particular decision will be made.

Is the Use of an Expert Opinion Subject to Time Limitations?

The use of the findings presented in an Expert Opinion is determined by their temporal relevance — the period during which the expert research results remain relevant to the established circumstances and the purpose of the expertise.

The expiration of the period of temporal relevance does not automatically deprive the Expert Opinion of its legal significance as a document. However, it may limit the use of its findings to substantiate circumstances whose relevance must be assessed at a different point in time.

If the circumstances examined have materially changed, new expert research may be required.

Cost and Timeframes

We agree on all terms and conditions before work begins and ensure their fulfillment in accordance with the concluded agreement.

The timeframe for conducting independent professional expertise in the form of conformity assessment is determined based on the category, complexity, and scope of the expert research and is agreed upon with the Customer before work begins. The estimated timeframe for conducting the expertise is 1 to 10 days.
We Agree on Timeframes Before Work Begins
We determine and agree on the timeframe for conducting the expertise with the Customer at the contract conclusion stage.
We Work in Accordance with the Contract
All details are specified in the contract, which protects both parties.
We Perform the Agreed Scope of Work
We conduct the expertise in accordance with the agreed object, subject matter, and purpose of the expert research.
We Meet the Timeframes Agreed Upon in the Contract
We organize the conduct of the expertise in accordance with the timeframes established in the contract.

The Cost and Timeframes for Conducting Independent Professional Expertise in the Form of Conformity Assessment Are Determined on a Contractual Basis.

They depend on the category of expertise, the complexity, and the scope of the expert research.
The cost and timeframes are determined by the following factors:
  • Categories of Expertise
    (standard, urgent, complex, non-complex)
  • Duration
    standard and actual
  • Cost per Expert Hour, established in accordance with the prescribed procedure for the current year
  • Overhead Costs
    IPE LLC's overhead expenses, including costs associated with the payment of taxes established by Ukrainian legislation.

Contact IPE LLC to Find Out the Cost of Expertise for Your Order.

    TelegramMessage us on Telegram ViberMessage us on Viber WhatsAppMessage us on WhatsApp Call+38 067 412 30 47