At the beginning of the New Year, companies in Hong Kong began to do the audit and tax return one after another. During the audit, the auditor needs to perform the confirmation of bank deposits (zero balance accounts, accounts cancelled within the current period), loans and other important information dealing with financial institutions.
At the beginning of the New Year,Hong Kong companyThe audit and tax declaration began one after another. During the audit, the auditor needs to perform confirmation on bank deposits (zero balance accounts, accounts cancelled within the current period), loans and other important information dealing with financial institutions. Unless there is sufficient evidence to show that the bank's deposits, loans and other material information relating to financial institutions are not material to the financial statements and the risk of material misstatement associated with them is low.
multi-clientHong Kong companyThey may have bank accounts all over the world. In the case of East West in the United States, banks are now pushing for online confirmations, which are efficient and secure. Last year, the client's East West Bank implemented the letter of certificate by mail, but the bank's return letter chose surface mail to the accountant. As a result, the letter of certificate was lost, which brought unnecessary trouble to the audit work. This year the bank required online confirmations, which are issued by the auditor in the confirmations system. East West Bank's online confirmations require customer preparation1) Name of the signer 2) the email address of the signatory 3) the contact address of the signatory 4) the contact number of the signatory 5) Bank name 6) Account number.With the above information ready, the auditor can issue a letter to the bank and deduct the fee for the letter.
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.