We provide accounting services to our clients so that they will have a complete view on the financial status and performance of their businesses. The accounting procedures comprise the following procedures:
- Collect relevant financial documents, bank statements and supporting documents;
- Categorise financial documents in accordance with the nature of the transactions;
- Prepare accounting vouchers and registers;
- Recording transactions in our computerised accounting systems;
- Prepare profit and loss account and balance sheet; and
- Confirm and adopt the financial statements by the management.
In accordance with Section 121(1) of Hong Kong Compannies Ordinance (Cap 32) (the “Ordinance”), a limited company incorporated under the Ordinance (the “Company”) must keep proper books and account with respect to:
- All sums of money recieved and expended by the Company and the matters in respect of which the receipt and expenditure takes place;
- All sales and purchases of goods by the Company; and
- The assets and liabilities of the Company.
In accordance with Section 122(1) of Hong Kong Companies Ordinance (Cap 32) (the “Ordinance”), the directors of are required to lay before the Company at its annual general meeting (“AGM”) a profit and loss account.
In accordance with Section 122(2) of the Ordinance, the directors of the Company are required to lay before the Company at its annual general meeting a balance sheet.
In accordance with Section 129B of the Ordinance, the balance sheet of the Company must be approved by the board of directors of the Company.