In the audit of companies in Hong Kong, there will be inter-enterprise fund lending, so what are the requirements of inter-enterprise fund lending in the audit of Hong Kong?
inHong Kong corporate auditIn, there will be inter-enterprise fund lending, then inter-enterprise fund lending in Hong Kong audit will have what requirements?
Generally speaking, the loans of enterprises are generally generated from the lending business between financial institutions with loan qualifications, and few are between enterprises to borrow funds. Loans between enterprises are generally related enterprises. If there really is a loan between enterprises, they need to provide a loan contract, which should conform to the commercial essence, payment voucher, interest basis and corresponding repayment voucher.
Many customers have consulted us, in the process of trade, the cooperation with customers or suppliers is very stable, when they encounter temporary capital turnover difficulties, they will borrow funds from each other, the time will be very short, it will be very troublesome to prepare some loan contracts, the other party generally does not seal a series of reasons.Hong Kong corporate auditWritten evidence is more powerful than oral evidence. If there is a real loan between enterprises, it is better to prepare the loan contract, payment vouchers.
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