Accounting

In accordance with the Inland Revenue Ordinance, every person carrying on a trade, profession or business in Hong Kong is required to keep sufficient records in English or Chinese language of his income and expenditure to enable the assessable profits to be readily ascertained. Such records shall be retained for a period of not less than 7 years. In addition, monthly accounting entries or bookkeeping and preparation of financial reports are imperative to the shareholders and / or the management (“internal users”) because of the following benefits to the internal users:
  • Accurately and timely understanding of the company’s operations and financial position and performance
  • Early detection of company’s operational crisis and finding out solutions to the crisis
  • Neatly keeping clear transactions and accounting records so that the company can be running in a more systematic manner
  • Prevention of misappropriation of the company’s assets including cash by staff

ProSeed CPA Limited is definitely pleased to service you with:

  • Bookkeeping services
  • Financial statements preparation
  • Payroll preparation and reporting
  • Financial analysis
  • Computerisation of accounting system