Accounting, Audit & Taxation - Audit and assurance

Statutory audit:

 

According to Section 379 of Companies Ordinance, directors of a limited company should prepare its audited financial statements and lay before its annual general meeting every year.  A newly incorporated limited company should prepare its first audited financial statements for its first general meeting within 18 months since its incorporation under Section 369.  A director, who fails to do so, commits an offence and is liable to a fine of HK$300,000.

 

Auditor's report for audited financial statements can only be issued by Certified Public Accountants with practicing certificates.  Our member company, Dignity CPA Limited, and its management team are experience in handling the audit of clients in different industries, including but not limited to the following:

- Securities brokerage;

- Asset management;

- Insurance brokerage;

- Money services providers;

- Department stores;

- Construction and engineering;

- Property and vehicle investment;

- Education institutes;

- Non-governmental organizations (NGOs);

- General trading; and

- Retail shops and restaurants.

 

Other assurance services:

 

Our member company, Dignity CPA Limited, and its management team can also provide you other assurance services in accordance with regulatory requirements or business needs, such as:

- companies in specific industries, such as securities brokerage and insurance brokerage, are required to provide special assurance reports in addition to audited financial statements to the regulators;

- NGOs obtaining government funding are always subject to different kinds of compliance requirements, and are required to provide special assurance reports on their status of compliance;

- Due diligent report for merger & acquisition;

- Fraud investigation, etc.

 

Our statutory audit and assurance services start from HK$3,000, please contact us at 2810 7222/ 2180 7221 for details.