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──Jan 25 , 2023Does Hong Kong company audit only provide monthly statement?

Hong Kong corporate auditIt is a common mistake for mainland customers to only provide monthly bank statements. Because in the audit process, the auditor needs enough evidence to support the authenticity of the audit. This kind of situation is divided into two categories by Ringse. The following is the introduction of the two categories:

First of all, if the Hong Kong company has opened an account, but the company does not operate in the tax year, then the company can only provide monthly statements.

Secondly, the company has operations. In this case, we only provide the monthly statement to the auditor for the audit and tax return, and the auditor may have reservationsHong Kong corporate auditReport. Because the Hong Kong company has a business and a balance sheet, but the auditor has not seen any evidence to support the authenticity of the relevant income or expenditure documents.

If the auditor only asks the company to provide monthly bank statements, it can give an unqualified opinionHong Kong corporate auditReport and do company tax returns. This auditor is unprofessional and irresponsible. When the tax bureau found the company later and asked for relevant explanation (proof), the Hong Kong company could not give a reasonable explanation, which resulted in the back payment of tax or a fine.

Does Hong Kong company audit only provide monthly statement?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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