Is your company compliant with SKI reporting?

Is your company interested in selling goods or services to the public sector, including municipalities, regions, state agencies or ministries, educational institutions, or publicly owned companies? Here you can gain insight into what you need to be aware of in relation to SKI reporting.

A framework agreement with SKI (Statens og Kommunernes Indkøbsservice A/S) is a procurement agreement which the above public organizations can use to buy standard goods within IT, office supplies and furniture, or services within e.g., cleaning and IT. By using these framework agreements, your company becomes part of a standardized and simplified procurement process that SKI offers to public organizations to pool their purchases based on the individual framework agreements.

Your company must be aware that SKI requires separate business processes/procedures and internal controls for managing, handling, and recording sales to customers under the framework agreement. This is to ensure that sales to customers under framework agreements are registered and collected in the ongoing revenue reporting, and that errors are detected and corrected on an ongoing basis.

When you are a supplier on a SKI agreement, you must report your revenue on the relevant framework agreements your company has with SKI monthly. The reporting of revenue ensures that documentation is submitted, and that all sales are in accordance with the framework agreement your company has with SKI.

As a supplier on most framework agreements, you are obliged to submit an auditor's statement covering the calendar year's revenue by the deadline of 31 March every year. The auditor's statement is used as documentation and public organizations’ security for the completeness and accuracy of your company's revenue reporting and ongoing controlling and handling.

Most framework agreements require a statement from a state authorized public accountant. The individual framework agreement will state if it requires an auditor's statement. The auditor's statement is performed in accordance with ISRS 4400 on agreed-upon procedures and implies that we, as auditors, carry out procedures based on instructions from SKI.

The deadline for submitting the SKI report is 31 May 2024 regardless of whether your company’s financial year follows the calendar year or not.

At KPMG, we can help you with advice on which products and services are covered in the framework agreements. In addition, we can also help you prepare the SKI report on agreed-upon procedures.

If you want to know more about how we can help you, then feel free to reach out to Jesper Bo Pedersen and Mads Madsen.