These factors make it an ideal location for your company’s headquarters in Asia, as well as offering a strategic springboard into the Chinese market. Its established legal and administrative bodies and simple tax regime is coupled with a world-class banking system and easy access to major financial hubs in the region. As a Special Administrative Region of China, Hong Kong continues to offer plentiful opportunities for foreign investment and room for sustained growth. Hong Kong has a long history as one of the world’s most important trading centres. Opening the Gates to Asia’s International City In order to meet client needs, we can prepare prospective financial statements that present the projected financial position and results of operations and cash flows under given hypothetical assumptions. Relying on our factual findings, clients can prepare for further action or formulate their business strategy based on our services. We can provide reports of factual findings of agreed-upon procedures without expressing assurance opinions. We can tailor our engagements for clients to focus on specific areas of concern in order to meet their needs. The engagement can be carried out on a monthly, quarterly or annually basis.
Generally speaking, the scope of a review and level of assurance is less than an audit.Īpart from general audit and assurance engagements, we can assist in providing compilation engagements which assist our clients in the preparation and presentation of financial information. We provide reviews through inquiry and analytical procedures to financial statements such as interim financial statements and issue review reports based on our results.
In terms of flexibility and cost-effectiveness, we are the top choice for many local branches of multinational companies as well as local corporations that wish to reduce costs and allow company resources to focus on core business. Our clients are from a wide range of industries, apart from trading and service companies, we also served those licensed under the Security and Future Commissions (SFC) such as asset management companies, private wealth management firms, Venture Capital firms, Representative Offices of foreign banks and family offices etc.įor mergers and acquisitions, we can perform assurance engagement on financial statements, issue accountant’s reports, and prepare unaudited pro forma financial statements and profit forecasts. Provide cost analysis and budgeting to help formulate management regulations so as to save costs and.Advise for the improvement of client accounting and internal control systems.Prepare individual accounts for branches and subsidiaries and report directly to overseas holding companies.
Prepare financial statements based on Hong Kong Financial Reporting Standards (HKFRSs) or International Financial Reporting Standards (IFRSs).