Annual records and audit preparation

Hong Kong company accounting and audit consulting

EasySail helps Chinese-owned Hong Kong companies reconcile accounts, resolve year-end differences and prepare for independent audit, with a clear handover to tax preparation.

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Is this service right for you?

Find support for your priorities through practical advice.

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Companies preparing annual accounts

Finance teams gathering bank, sales, purchase and expense records for a Hong Kong entity.

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Companies facing bank or investor requests

We clarify the reporting period, format and recipient before preparing financial information.

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Companies with gaps in historical records

We identify missing vouchers and unexplained balances year by year.

How we help you move forward

We connect your goals with practical next steps.

1. Understand the goal

We establish the reporting year and how the accounts will be used, so the work supports annual reporting, banking or group management.

2. Work through the options

We reconcile bank movements, contracts and balances to explain differences and focus recovery work on the records that matter.

3. Move the work forward

We prepare schedules for the appointed auditor and connect the resulting accounts with tax preparation; audit opinions remain the auditor’s responsibility.

Service planning
and fees

We explain the proposed work alongside fees and ongoing costs.

✅ Planning your support
Periods and volumeWe confirm years, accounts, currencies and transaction counts.
Missing evidenceWe agree which records can be recovered and which need explanations.
Audit providerWe verify the audit firm, appointment and intended report recipient.
Tax handoverWe clarify how accounts and audit documents reach the tax preparer.
● Related services and decisions
Independent auditDocument coordination is not an audit engagement or a promised opinion.
Historical accounting workPast accounts, restatements and additional evidence need a separate scope.
Company filingsAnnual returns, business registration and secretarial work are separate.
Tax dispute representationEnquiries, objections and formal representation require a confirmed provider and mandate.

Fees depend on financial years, transaction volume, currencies and missing records. We quote consulting, bookkeeping, audit and tax filing separately, with the responsible provider identified.

Our service in detail

Support tailored to your priorities : annual accounting analysis and audit preparation priorities.

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Account reconciliation

We prepare an account and voucher index for the finance team to check completeness.

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Accounting difference analysis

We analyse income, expenses, receivables, payables and balance differences. We distinguish explainable items, missing evidence and potential adjustments, and recommend a review sequence for finance and bookkeeping teams.

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Audit preparation

We organize schedules and responses requested by the independent audit firm.

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Filing handover

We compare report versions, tax notices and unresolved items, explain document differences and follow-up priorities, and coordinate with the appointed tax preparer.

Frequently asked questions

Q:Do Hong Kong companies have to undergo audits every year?

Hong Kong companies generally need to prepare financial statements and have them audited under the Companies Ordinance. Exceptions for legally dormant companies require their specific conditions to be checked; no income does not automatically mean dormant status or audit exemption. Annual returns, accounts audits and profits tax returns are distinct matters and should be scheduled separately. Reference: Hong Kong Companies Registry FAQs on accounts and audits

Q:How long does it usually take to do an accounting audit?

The timeframe depends on transaction volume, completeness of books and evidence, historical accounts, and the auditor's queries and review. Prepare bank statements, sales and purchase contracts and supporting documents first, and clarify the financial year and filing deadlines. Advice and document coordination do not mean this company issues the audit report; the issuing entity should be verified separately.

Let’s discuss your next step

Tell us about your plans or the issue holding you back. Let’s discuss the next useful step.

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