Accounting and Auditing Hong Kong Limited Company – Case study – A I.

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Read a case study regarding accounting/auditing of a Hong Kong Company. Company was set up on December, 2013.

Dear xxx,
As your company has incorporated on 17th September 2013 and determined 31st March as the company’s financial year ended date, the first Profits Tax Return (“PTR”) normally issue to the company by IRD (HK tax department) in March 2015 and need to complete and submit to IRD within 3 months since the issue date (i.e. on or before June 2015).
According to our discussion previous email, in order to avoid state the fact of over 18 months of first audit, the first financial year end date would be March 2014.
For the accounting and audit, please provide the following information:
– All sales invoices/ consulting service invoices;

– All purchases invoice/ subcontractor’s invoices;

– All service agreement;

– All expense receipts;

– All bank statements;

– General ledger and management account (i.e. Trial Balance, Balance Sheet and Income Statement). If this one you cannot provided, we can provide bookkeeping service to handle it.

Should you have any question, please feel free to contact us.

Your accountant J

 

Please not that Startupr is not a CPA firm and we don’t provide auditing services.