According to the Companies Ordinance, annual financial statements of a limited 米兰官方app incorporated in Hong Kong is required to be audited by a Certified Public Accountant with a practicing certificate issued by the Hong Kong Institute of Certified Public Accountants (“HKICPA”). Our work follows the Hong Kong Accounting Standards and Auditing Standards as required by the HKICPA and is under the governance of the institute’s ethical standards which emphasises on the independency of the reporting accountants and the confidentiality of clients’ information.

We perform our 米兰官方app engagements by reference to the auditing standards issued by the HKICPA while at the same time we will assess the business nature and the special situation of each client in order to carry out a risk-based approach for an efficient 米兰官方app.

Statutory 米兰官方app

One of the statutory requirements under the Inland Revenue Ordinance states that a limited 米兰官方app incorporated in Hong Kong has to submit its Profits Tax Return together with the audited financial statements. Moreover, according to the Hong Kong Companies Ordinance section 111(1) and 122(1), limited 米兰官方app should prepare its audited financial statements and lay before its annual general meeting. Therefore, a newly incorporated limited 米兰官方app should prepare its first audited financial statements within 18 months since its incorporation.

Special 米兰官方app

Apart from the annual statutory 米兰官方app, special 米兰官方app on financial statements of the company is required in one of the following situations in order to protect the interests of shareholders:

1. Investigation on management misconduct;
2. Sale of business(米兰官方app) and related valuation;
3. Merger & acquisition or listing; and
4. Reporting on operation efficiency and management performance, etc.

Assurance Engagement other than 米兰官方app

Sometimes, Government organised projects and schemes like Innovation and Technology Fund (“ITF”) will require 米兰官方app to submit their Annual Report with assurance engaged by the Certified Public Accountant with practising certificate. If your 米兰官方app is looking for such assurance service, our valuable experience would be helpful.

We provide a free-of-charge preliminary consultancy and assessment. Quotation will be given after preliminary assessment on the 米兰官方app’s situation and the scope of services required.