The regulatory things in the dynamic Asian economy are subject to frequent and substantive changes.
To have your business thrive in these conditions, we have adopted an effective and scalable methodology that facilitates and enhances audit quality and compliance. We deliver independent and rigorous audits and limited reviews through a disciplined, cost‐effective process. Our audit team brings reliability and transparency to your financial reporting. We provide both external and internal auditing, thus guaranteeing the reporting meets the regulatory requirements, meanwhile providing an accurate internal accounting record.
With our innovative approach to help with corporate financial audit, our service and fee scheme are well adaptable to your business, whether it's a startup or an established enterprise.
Existing laws in Hong Kong and China provides enterprises shall appoint certified public accountants to conduct audit on the company’s financial accounts. For instance, it’s a statutory process for any limited company to appoint an independent auditor each year on its AGM, maintain its financial statements for auditing and make the audited financial statements available to HK IRD for review.
The auditor’s report must be submitted to the IRD if its revenue exceeds HKD 2 million in the respective financial year. Failing to do so in a regulated timeframe is an offense that would lead both the company itself as well as its directors and senior executives to severe penalties. As a result, it’s of the uttermost importance to have a qualified auditor to prepare the report properly within a limited timeline.
Besides regulatory requirement, audit work is also an important tool to look into the company’s financial performance for the interests of its shareholders.
Our audit service can be executive based on either your company’s internal prepared accounts or outsourced accounts and our licensed audit professionals are well aware of the different statutory requirements across different jurisdictions including Hong Kong, China, Singapore, Macau, etc., to ensure the reports are informative for your company’s management and acceptable for official reports.
Hong Kong Office
Room 07, 12/F., Chevalier Commercial Centre, 8 Wang Hoi Road, Kowloon Bay, Hong Kong
Room 206, 375 Zhongren Road, Jiading District, Shanghai, China 201802
Unit 2310, 236 Huizhi 2nd Road, Panyu District, Guangzhou, China
For better administration and service to our clients, effectively from 1/10/2021, LiBrighten will be renamed as WOS UNION and our updates of website are still underway. Our email domain will be updated accordingly but you may still contact us with the old email domain (and you will receive our reply under the new email domain).