China FIPE Formation Service
Hotline: 86-755-82143422 Email: anitayao@citilinkia.com, info@citilinkia.com
An audit report is a written opinion of an auditor regarding whether an entity's financial statements present fairly its financial position. This is written in a standard format, as mandated by generally accepted auditing standards (GAAS). GAAS requires or allows certain variations in the report, depending upon the circumstances of the audit work that the auditor engaged in. For example, the report may include a qualified opinion, depending upon the existence of any scope limitations that were imposed upon the auditor's work.
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China Company Auditing Function
Auditors of China Company auditing examine accounting and financial data and procedures to ensure accuracy and compliance with government guidelines and laws. They work to identify improper accounting or documentation and research issues in order to make recommendations to improve policies or procedures accordingly. Therefore, the main goal of an audit is to perform thorough evaluation of a company's financial records and reports and provide a company with improvement recommendations based on that evaluation.
Reasons for using company audit report
1. Audit financial statements and report in accordance with statutory and other relevant, reporting guidelines to fulfill compliance requirements.
2.Evaluate internal operation and accounting controls, suggest possible improvements to safeguarding and control company resources.
3.Provide specialized audits and reports including audits for mergers, acquisitions, stock exchange listing and litigation purpose.
4. Providing the follow up with Inland Revenue Department and Taxation matters.
5. Co-ordinating multi-jurisdiction audits and accounts for trading SME.
6. Restructuring the management accounts for publishing company.
7. Advising an SME on its financial and accounting structure for tax compliance purposes.
8. Working with regional manufacturing SME on forensic accounting in anticipation of acquisition by a major industry player.
Contact us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143422, 86-755-82143512, or emailing to anitayao@citilinkia.com.