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What do listed companies need to pay attention to in the audit of Hong Kong companies?

Released Date: May 12,2022 Article Source: HUANZE

As we all know, listed companies will regularly disclose their financial situation, and many listed companies will set up subsidiaries overseas for business needs. Among them, Hong Kong, with its unique tax system, low tax rate and convenient trade, has become the first choice for many overseas companies to set up.

As we all know, listed companies will regularly disclose their financial situation, and many listed companies will set up subsidiaries overseas for business needs. Among them, Hong Kong, with its unique tax system, low tax rate and convenient trade, has become the first choice for many overseas companies to set up. At the same time, the audit opinions of Hong Kong companies and the description of their operating conditions will directly affect the audit opinions of the financial statements of listed companies. So in the case of this type of company,Hong Kong corporate auditThe following points should be noted when:

First,Hong Kong corporate auditTime control, because the company needs to disclose the financial situation at a specific time, so the efficiency of audit is particularly important.

Second,Hong Kong corporate auditGenerally, listed companies will have their own standardized accounting records. We will standardize customers' financial data according to the audit requirements of Hong Kong, so as to ensure that all financial data in the audit report is not significantly different from customers' own data to the maximum extent.

Third, forHong Kong corporate auditOpinions and descriptions, it is generally best to unreserved opinion of the audit report, if there is a certain opinion may have a certain impact on the disclosure of listed companies. Therefore, we will try our best to ensure that audit opinions are consistent with customer expectations. Assuming, of course, that the company actually meets the requirements.

Fourth, try to avoid audit adjustments ifHong Kong corporate auditThere are adjustments in the report. We will explain the adjustments in detail and give suggestions on future annual accounting treatment.

Fifthly, for listed companies accompanied by a relatively large amount of overseas investment, if the investment is identified as impairment, it will have an impact on listed companies. So in progressHong Kong corporate auditWhen the need to prepare complete subsidiary information, and it is best to provide investment assets without impairment basis.

Pay attention to the above matters, can help customers to issue the most standardHong Kong corporate auditReport.

What do listed companies need to pay attention to in the audit of Hong Kong companies?

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