In accordance with the Hong Kong Companies Ordinance (Chapter 32), all companies incorporated in Hong Kong are required to have an annual audit.
While the Companies Ordinance lays down the obligations for companies, the Inland Revenue Ordinance (Chapter 112) also requires all incorporated companies to enclose audited financial statements together with the submission of a Profits Tax Return to the Inland Revenue Deportment.
Statutory Audits
- audits of annual accounts of companies in compliance with the Hong Kong Companies Ordinance and other legislation
- advice to clients on accounting and auditing matters
- advice on compliance of the statutory obligations and responsibilities of company directors
Special Audits and Reports
- special reports for specific purposes, including turnover assurance, valuation of companies and other assurances
Internal Control Review and Internal Audit
- carrying out internal audit to enhance efficiency of client business
- perform internal audit to examine the company current system to enhance the effectiveness of risk managment, control and governance processes to avoid fraudulent practices