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.
The financial statements are reports that allow interested parties to evaluate the profitability and solvency of a business.
It is statutory requirement regulated by Hong Kong Companies Ordinance (Cap.32/Cap.622) to prepare financial statements and file tax return annually.
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