According to the Hong Kong Companies Ordinance Sec.122, the annual financial statements of limited company should be audited by Certified Public Accountant (CPA) for submission in the annual meeting to let shareholders review, and in the yearly tax assessment required by the Inland Revenue Department. The cut-off date of companies' fiscal year is advised to be in March or December each year.

Statutory Auditing is conducted in accordance with Hong Kong Standards on Auditing issued by the Hong Kong Institute of Certified Public Accountants and Companies Ordinances. During the audit, experienced accountants should understand clients' industry, business operation, management structure and risks management, so that the potential management and operational problems could be discovered and professional solutions could be provided to the clients.

Certified Public Accountants form their independent opinion upon the true and fair presentation to the financial statements and help the directors of the company to comply with the relevant Companies Ordinances and fulfill their duties.

Service includes:

• Provision of annual statutory audits in compliance with the Hong Kong Companies Ordinance and any other Ordinances and Rules


• Provision of internal audit services, investigations into irregularities and making recommendations on findings


• Special reports for specific purposes, e.g. immigration, valuation of companies and operational assessments


• Due diligence for mergers and acquisitions