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Audit Firm

& Hong Kong CPA

Our audit team provides a cost effective and a smooth audit engagement service

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We prepare your financial statements, auditing and tax computations through a smooth and simple process.

Our branch audit firm, FastLane CPA Limited, is recognized under the Hong Kong Institute of Certified Public Accountants (Reg. No:S0615) license. We have a strict practice review, and we make sure that our work is of the best standard.

Therefore, we are certain that we can prepare your firm financials in order. Moreover, if you use Xero for book keeping, our professional Xero auditors can perform the audit review through Xero via cloud storage. In other words, our aim is to complete your audit tasks and Hong Kong tax filing on time, and give you a smooth audit experience. 

 

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What is an audit?

An audit is an inspection of a firm’s financial report. An audit firm or an independent party will run the firm’s financial report. The report will follow the requirements set out in the Hong Kong Company Ordinance and tax obligations outlined in the Inland Revenue Ordinance.

In order to follow the Ordinance, all Hong Kong business need to audit their financial reports every year. At the same time, to further support an audit report, auditors will require the financial reports, a balance sheet, an income statement and a cash flow statement.

 

How to complete an audit?

During an audit, auditors will check a company’s financial reports to see if the facts presented are a fair and accurate reflection of the company. Next, your auditors will prepare audited financial statements and profits tax computations based on the facts provided. After that, they will hand it in to the Hong Kong’s Inland Revenue Department (“IRD”) for review. The IRD will then use these documents to check the tax duty of the firm for that financial year. As such, we can make sure that your tax duties is done without error.

 

Click here for more tips on a successful statutory financial audit and tax filing!

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