Services

External Audit

As auditors and long trusting business companions of our clients, our objective is two-folds: to provide an impartial opinion whether for statutory or other purposes and to make precise and practical recommendations as to how internal processes and results may be improved.

The focus of our audit is to add value to our clients. With our evolving audit approach, we think beyond the numbers and to consider the true meaning of the information produced and the effectiveness of the system from which it was produced. Our audit services include:

• Limited company statutory audit
• Pension fund audit
• Migration audit
• Special review and audit tailored to client's needs
• Advice on potential problems an recommendations for improvement

Internal Control Review

We provide internal control review services to help the management to assess the effectiveness of their internal control. The objective of the review is to assess the effectiveness of the internal control covering selected financial, operational and compliance controls and risk management functions. Based on our work, we will issue a written report to the management of the company, which will include details of any internal weaknesses that come to our attention in the course of the review and that we consider to be significant, as well as appropriate recommendations as to how these weaknesses could be rectified.

Accounting Service

We provide bookkeeping service to our clients and prepare periodic financial statements, cash flow reports and budget plans. Our goal is to remove you from the hassles of dealing with accounting details by providing a cost effective alternative to maintaining your own internal accounting staff. Our accounting services steer you closer to this goal with accurate record-keeping and reporting as well as support on financial issues and in particular, assist you in the following areas:

• U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) conversion services
• General ledger and financial statement preparation
• Bookkeeping (monthly, quarterly, or annual)
• Accounting system setup and support
• Payroll processing
• Cash flow budgeting and forecasting
• Personal financial statements
• Employee benefit and profit-sharing plans

Corporate Finance Advisory

Whether you aim to buy a business, raise capital, investigate fraud or improve performance, our experts can advise and help implement practical and commercial strategies to achieve your goals. Our team has extensive network to originate and manage the purchase and sale of companies and asset portfolios.

Going public has become the most prevailing trend on fundraising. Going public can provide companies in today’s highly competitive business environment with the capital to exploit new technologies, production process and products, fuel future growth, fund significant acquisitions and provide investor liquidity. We have extensive experience in advising and assisting companies of every conceivable size and description make the leap into public ownership. Our experienced partners have involved in helping companies raising funds on the Hong Kong Stock Exchange, Singapore Stock Exchange, London Stock Exchange and NASDAQ.

Corporate Secretarial Advisory

Starting operations in a new business environment can be a difficult task. To make life easier for you and your business, our Company Secretarial specialists can help with the initial and continuing requirements of operating business in Hong Kong, Macau, Mainland China, Australia and North America.

We advise on start-up and changes, business structures, filing requirements, employment visa and most other aspects of doing business planning, budgeting and accounts preparation as well as the more routine cheque signing and re-invoicing functions. Our staff can be seconded to you to provide efficient and effective solution to your accounting problems.

Business Valuation

Business valuation determines the estimated market value of a business entity. Based on our audit and financial advisory experience, we combine quantitative financial techniques with qualitative analysis of the business to provide an objective, unbiased, independent and credible valuation of your company. The valuation includes both tangible and intangible assets of your company.

There are many occasions that you may consider conducting a business valuation:

• Merger and acquisition
• Fund raising
• Sales of business
• Company restructuring
• Business planning

Migration Service

We work closely with several reputable registered migration agents from both the east and west coast of Australia to help owners from China to migrate to Australia. We are familiar with the assessment process of business owner from China to qualify under the State/Territory Sponsored Business Owner (Provisional) category and we have successfully assisted quite a number of business owners from China to obtain their valid immigration visa.

SEC Audit

Public companies subject to U.S. Securities and Exchange Commission (SEC) reporting have to comply with a tremendous amount of complex regulations and numerous unpublished administrative positions. HKCMCPA Company Limited has extensive experience in assisting businesses with their initial SEC filings and guiding them through the complex process of becoming a fully reportable and actively traded public company. Our extensive experience with and understanding of SEC requirements enables us to respond quickly to client questions that arise from the many SEC rules and regulations. Our SEC Compliance service includes:

• initial registration (S-1 and F-1)
• Audits (10-K)
• Reviews (10-Q)
• Assistance with complying and adhering to SEC Guidelines

HKCMCPA Company Limited is registered with the Public Company Accounting Oversight Board (PCAOB) and performs audits of publicly-held companies in accordance with guidelines established by the SEC and the PCAOB. HKCMCPA Company Limited is one of a few foreign CPA firm credentialed to practice before the SEC.