AUDITING & ACCOUNTING
Our audit work complies with the auditing guidelines of the Hong Kong institute of certified public accountants, it also follows the client’s business characteristics and special requirements to achieve efficient audit work.
As per company law, the annual audit report of Hong Kong limited company must be audited by a certified public accountants holding a practicing certificate, with particular emphasis on the independence of auditors and the confidentiality of customer information. There are,
- Statutory audit- as per the requirement of the Hong Kong Inland Revenue ordinance, a company that is successfully registered in Hong Kong must submit it’s profit tax return together with financial statements signed and reviewed by an accountant. Accordance with section 111(1) & 122(1) of chapter 32 of the Hong Kong company’s ordinance, a company limited by shares shall prepare audited financial statements and submit them for the annual general meeting. Therefore, the newly established limited company must prepare the first audited financial statements within 18 months from the date of establishment
- Special purpose audit- in addition to the annual statutory audit, the shareholders of some companies Will also require the auditor to make appropriate audits of the financial statements in order to protect their interests, which may lead to investigation of mismanagement behavior, business sale and related valuation, merger or listing, operational efficiency and management performance evaluation.
- Accounting-companies must keep business records & produce annual financial statements and management accounts. We help in managing journal, ledger, general ledger, cash account, bank account, account receivables & payable etc. Monthly, quarterly, half yearly and yearly bank cash logarithms and financial statements with a standardized charges, high quality and professional services.