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Will the opinions of Hong Kong company audit report have an impact on the operation of the company?

Released Date: Dec 27,2022 Article Source: HUANZE

As we all know, one of the items in the audit report is the auditor's opinion on the report, and in the audit of a Hong Kong company, it is generally included4Types of opinion audit report: unqualified opinion audit report, reserved opinion audit report, no opinion and negative opinion audit report.

We all know that one of the items in the audit report is the auditor's opinion on the report andHong Kong companyIn the audit, there will generally be4Types of opinion audit report: unqualified opinion audit report, reserved opinion audit report, no opinion and negative opinion audit report.

However, it is necessary to pay attention to the audit report with no opinion and the audit report with negative opinion, because the audit report with these two opinions may cause risks to the company. First of all, the first is the tax risk, because the tax table issued by the Hong Kong Tax Bureau, there is a clear item to ask: whether the company's audit opinion this year is unable to express opinions or negative opinions, if so, then the tax bureau will focus on the company. Second ifHong Kong companyWhen a bank uses bills, it will also refer to the audit report and pay attention to the opinions of the audit report when approving bills. Generally speaking, banks will refuse to handle bill business for Hong Kong companies that cannot express their opinions and report negative opinions, which is likely to affect the operation of Hong Kong companies.

Will the opinions of Hong Kong company audit report have an impact on the operation of the company?

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