Hong Kong companyThe audit closing date is respectively3month31Hiwa12month31On Sunday,No matter on which closing date, there may be money in circulation after the audit is completed. As long as there is current payment at the end of the period, the auditor generally requires the Hong Kong company to confirm, because without confirmation, the auditor has no way to confirm the authenticity of current payment.

However, due to the time difference at the time of confirmation, it is likely that some payments have been settled, and the other company may not return the letter in accordance with the audit requirements.In this case, the auditee needs to exercise alternative procedures to replace the current payment confirmation.

For example, accounts receivable, which are still in the account on the audit closing day, have been settled at the confirmation, so the auditee needs to provide information and the bank receipt of payment collection instead of the confirmation of current payment.

For example, in the case of prepaid accounts, the audited company still has the account on the closing date, and the audited company needs to provide the situation statement and cost invoice to replace the current payment confirmation.

The end of the current account is various, specific circumstances need to communicate with the auditor effectively, in order to avoid some unnecessary risks.

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.