
Accounting & Audit
Professional Accounting & Audit Services: Navigating Annual Statutory Requirements
Under the Companies Ordinance, a limited companies incorporated in Hong Kong must keep accounting record, the financial statements for a financial year must comply with the applicable accounting standards, and audit of financial statements is required for all companies, including companies falling within the reporting exemption, except dormant companies. Biz & Bird can provide you with the all-round professional accounting & audit services to help you navigate the annual statutory requirements.

Why Choose Biz & Bird's Accounting & Audit Service?
Sound Knowledge
Professional knowledge in accounting & audit

Experienced Experts
Extensive experience in preparation of accounts and financial reporting


Reasonable Price
Unbeatable Value for Your Money

Why Does My Company Need to Prepare the Accounts?
Statutory Requirement
According to section 373(1) of the Companies Ordinance, a company must keep accounting records.
What are the requirements of accounting records?
According to section 373(2) and (3) of the Companies Ordinance:
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The accounting records must be sufficient (i) to show and explain the company’s transactions; and (ii) to disclose with reasonable accuracy, at any time, the company’s financial position and financial performance.
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The accounting records must contain (i) daily entries of all sums of money received and expended by the company, and the matters in respect of which the receipt and expenditure takes place; and (ii) a record of the company’s assets and liabilities.

Why Do My Company's Accounts Need to Be Audited?

Statutory Requirement
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Under the Companies Ordinance, audit of the financial statements is required for all companies, except dormant companies.
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According to sections 405 and 420 of Companies Ordinance, the directors must lay the financial statements before the company in general meeting within the specified period, and he company's auditor must prepare a report for the shareholders on any financial statements prepared by the directors.
Who Does Biz & Bird Help?

Startups
We understand your concerns, so we provide flexible accounting services for startup companies.

Small & Medium Enterprises
We understand the needs of SMEs and are committed to providing trusted accounting services to you.

Other Corporations
Our services are designed to accommodate growing turnover and changing business requirements.
Accounting, Audit & Taxation Service Plan
Most Popular Plan
AC Standard
Accounting Services +
Taxation Services
2,000
From HK$
Accounting Services
-
Bookkeeping
-
Prepare financial statements (including income statement and balance sheet)
Audit Services
-
No such services
Taxation Services
-
Act as the tax representative
-
Profits tax computation
-
Complete and file the Profit Tax Return to Inland Revenue Department
-
Assist in responding to inquires from the Inland Revenue Department
-
Apply for extension for the submission of Profit Tax Return (if applicable)
In view of the different nature and scale of business of each company, the number of revenue and expenditure receipts to be processed also varies, and the fees charged will depend on the company's circumstances. After initial consultation and assessment, fees will be proposed based on the company's needs, requirements and services needed. Biz & Bird provides free consultation, assessment and quotation to help you better understand and compare our solutions.
AC Pro
Accounting Services +
Audit Services + Taxation Services
2,400
From HK$
Accounting Services
-
Bookkeeping
-
Prepare financial statements (including income statement and balance sheet)
Audit Services
-
Arrange the audit
-
Prepare the audit report and audited financial statements by the practicing certified public accountant
Taxation Services
-
Act as the tax representative
-
Profits tax computation
-
Complete and file the Profit Tax Return to Inland Revenue Department
-
Assist in responding to inquires from the Inland Revenue Department
-
Apply for extension for the submission of Profit Tax Return (if applicable)
In view of the different nature and scale of business of each company, the number of revenue and expenditure receipts to be processed also varies, and the fees charged will depend on the company's circumstances. After initial consultation and assessment, fees will be proposed based on the company's needs, requirements and services needed. Biz & Bird provides free consultation, assessment and quotation to help you better understand and compare our solutions.