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How does a trading Hong Kong company prepare audit data?

Released Date: Jan 02,2023 Article Source: HUANZE

In our daily audit business of Hong Kong companies, commodity trading enterprises are very common. The business model of such trading enterprises is relatively simple. Generally, upon receipt of customer orders, they place orders directly from suppliers and deliver goods directly to customers. Therefore, it is relatively easy for trading enterprises to prepare audit data, and their business model is also clear.

In our daily doHong Kong companyCommodity trading enterprises are very common in audit business, and their business model is relatively simple. Generally, upon receipt of customer orders, they place orders directly from suppliers and deliver goods directly to customers. Enterprises generally realize the transaction of commodity flow, logistics and capital flow without setting up special warehouses for inventory storage. Therefore, it is relatively easy for trading enterprises to prepare audit data, and their business model is also clear.

Such companies are required to provide (1) provideHong Kong companyStatements of all bank accounts under my name, including savings accounts and investment accounts. In Hong Kong, many bank statements are usually not in natural months, so it is necessary to provide statements on the deadline of financial statements. (2) Provide purchase and sales contracts, sales and purchase invoices, bills of lading, warehouse receipts, logistics documents, waybills and insurance policies, etc. These documents are a complete set of document chain, so they need to be provided in the audit; (3Expense documents: travel expenses, office expenses, leasing fees, labor wages, etc.

That's the trade typeHong Kong companyBasic audit information, other information can be prepared according to the specific situation.

How does a trading Hong Kong company prepare audit data?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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