Financial Reporting

Parker Randall CF (H.K.) CPA Limited aims to ensure that clients maximise their potential wealth; however, the compliance issues associated with running a business cannot be overlooked. We take the worry out of financial reporting.



Starting Up
When starting up, people rarely give enough thought to choosing the best business vehicle. They can operate as a sole-trader, a partnership or a company – and making the right choice could save thousands of pounds.

As well as setting up the appropriate business structure, we can assist with:

  • Establishing an employment scheme
  • Registration with the Inland Revenue Department
  • Statutory compliance etc.

It is vital that a business has a system of record keeping that delivers the required information. We will help our clients to set up books and records relevant to their needs and capabilities.

As well as full statutory year-end financial statements, we provide monthly or quarterly management accounts.


Audit and Assurance
Where an audit is required, our approach is designed to add value to our clients' business and produce positive benefits from our procedures.

Our approach to auditing is based on a comprehensive understanding of client's business, its internal control environment and policies and its industry competitive environment.

Hand-on experience and familiarity with International Financial Reporting Standard ('IFRS'), People's Republic of China Generally Accepted Accounting Principles ('PRC GAAP'), Hong Kong Financial Reporting Standard ('HKFRS') and The United States Generally Accepted Accounting Principles ('US GAAP').

As auditors, we provide our assurance services and audit services to our clients to meet their needs.

We have been registered with the United States Public Company Accounting Oversight Board (PCAOB) and are eligible to audit public companies in United States.

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