Accounting is the preparation of financial statements of the company. The process begins with book-keeping, which is to record the company’s business transactions.

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The financial statements are reports that allow interested parties to evaluate the profitability and solvency of a business.

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It is statutory requirement regulated by Hong Kong Companies Ordinance (Cap.32/Cap.622) to prepare financial statements and file tax return annually.

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• Periodical Accounting

• Financial Statement preparation (P&L, B/S, General ledger)

• Review Accounting Record

• Assessment of accounting policy adopted

“A GUIDE TO KEEPING BUSINESS RECORDS” issued by Hong Kong Inland Revenue Department