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──Jul 01 , 2022Which financial accounts do Hong Kong companies need confirmation for auditing?

The Hong Kong government requires Hong Kong companies to be audited every fiscal year in Hong Kong, unlike the mainland, which only requires the final settlement of corporate income tax. Then, when the Hong Kong company is doing the audit, it cannot avoid the need to perform verification work in accordance with the requirements of the Hong Kong auditor, otherwise it may causeHong Kong corporate auditThe report's observations became reservations.

The first thing to be verified is the bank account of the Hong Kong company. The content of this letter is mainly the bank fund balance of the Hong Kong company, whether there are outstanding bills on the closing date, and whether there are loans in the bank.

The second thing that needs to be verified is the financial asset account of the Hong Kong company. If the Hong Kong company holds financial assets such as stocks, funds and futures, it needs to be verified with relevant financial institutions, which mainly verifies the financial assets held by the Hong Kong company and the fair value of the assets on the closing date.

Which financial accounts do Hong Kong companies need confirmation for auditing?

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