Sales, purchases, bank and cash entries posted from invoices, statements and receipts, with a schedule of anything unresolved.
Language
01 / AccountingBookkeeping Management accounts Financial statements Reconciliations Payroll and MPF records SME reporting concessions
Accounting
Books kept from source records so the figures behind every return, statement and board paper can be traced back to a document.
Undertaken by: Hashmi & Company
Monthly or quarterly profit and loss, balance sheet and working capital position, prepared to a fixed timetable.
Annual statements prepared under the Hong Kong Financial Reporting Standards applicable to the company.
Bank, receivable, payable and intercompany balances agreed before any reporting is released.
Wages, Mandatory Provident Fund enrolment and contribution records maintained alongside the books, so employer obligations can be evidenced at any time.
Qualifying small and medium companies assessed for simplified reporting under the SME Financial Reporting Framework and Standard, reducing disclosure where the law allows.
Accounting records must be kept for at least seven years under the Companies Ordinance.