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HongKong company registered for many years has not done the audit how to issue the audit report?

Released Date: Aug 13,2021 Article Source: HUANZE

AClient's Hong Kong company2010years10The month was founded, until2019years6I opened an account in the bank only in January, so I made zero declaration before opening the account, and did not make an audit report.2019An active audit report is required after opening an account in 2000. How to issue the audit report of Hong Kong company?

AClient's Hong Kong company2010years10The month was founded, until2019years6I opened an account in the bank only in January, so I made zero declaration before opening the account, and did not make an audit report.2019An active audit report is required after opening an account in 2000.Hong Kong corporate auditHow should the report be produced?

Hong Kong corporate auditThe report needs to start from the establishment of the company, so here are the following schemes:

Option 1: Start from the date of incorporation (i.e2010years10Month) to2021.3.31The audit cost is low, but the auditor will issue reservations about the time of the audit report. Because according to Hong Kong accounting standards, except for newly established Hong Kong companies, the first time can be declared18Beyond a month, the old company is not allowed to exceed12A month.
Having reservationsHong Kong corporate auditThe report will affect the company's later listing, financing, bidding and so on.

Option 2: Start from the date of incorporation (i.e2010years10Month) to2018.3.31, merge to do a copy, have reservations; And then we do one for each year, which is2018.4.1-2019.3.31.2019.4.1-2020.3.31.2020.4.1-2021.3.31This is the last three yearsHong Kong corporate auditThe reports are all without reservations, so as not to affect the company's listing, financing, bidding, etc. You can also save some audit costs.

Option 3: Start from the date of incorporation (i.e2010years10Monthly), an annual audit report,2010.10-2012.3.31.2012.4.1-2013.3.31.2013.4.1-2014.3.31......total10An audit report, without reservations, will not affect the company's listing, financing, bidding, etc. soHong Kong corporate auditThe cost is relatively higher.

HongKong company registered for many years has not done the audit how to issue the audit report?

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