Accounting Services

Professional accounting services to help your business maintain financial compliance with Hong Kong regulations.

Accounting service professionals at work

Service snapshot

What to expect before you enquire

Best for

Hong Kong businesses that need bookkeeping, financial statements or recurring management reporting.

What HKBSCL handles
Transaction recording, reconciliations, account preparation, reporting and agreed accounting-system support.
Timing
Monthly, periodic or annual work is scheduled after we review the period, transaction volume, deadline and record quality.
Fee basis
Quotation based on the period, transaction volume, record condition and reporting scope.The initial scope review is free. We aim to issue a written quotation within two business days after receiving the required information.
More details
What you receive
The agreed books, reports and financial statements, plus a clear list of any missing records or open questions.
What you prepare
Bank statements, invoices, receipts, payroll and MPF records, contracts, prior accounts and complete transaction support.
Who makes the final decision
Directors approve the company records and statements. The IRD and any independent auditor make their own decisions.

Your next step

Send the accounting period, approximate transaction volume, current bookkeeping status and deadline. We will reply with a record checklist, proposed scope and quotation.

Hong Kong Accounting & Bookkeeping: Record, Reconcile, Report | HKBSCL

A 2-minute guide to maintaining accounting records, completing reconciliations, and producing useful financial reports for a Hong Kong business.

Hong Kong Legal Requirements

Under the Companies Ordinance (Cap. 622), directors of a Hong Kong company must prepare financial statements for each financial year, subject to the applicable provisions and exemptions.

We prepare financial statements for businesses based on the bookkeeping information provided by clients. This includes profit and loss accounts, balance sheets, statements of changes in equity, cash flow statements, and more.

The preparation of financial statements helps clients review the company's cash flow and profitability, providing a foundation for setting future business directions and plans.

Professional Accounting Services

We provide comprehensive accounting services to ensure your business complies with Hong Kong's Companies Ordinance requirements while maintaining clear financial records for better business decision-making.

Bookkeeping

Regular recording and organization of your financial transactions, ensuring all income and expenses are properly documented.

Financial Statements

Preparation of comprehensive financial statements including profit & loss accounts, balance sheets, and cash flow statements.

Accounting Systems

Implementation and management of modern accounting systems to streamline your financial processes.

Get free evaluation
Xero Accounting Software

Xero Accounting

Xero is cloud accounting software for small and medium-sized businesses. We can support bookkeeping workflows for clients who use Xero, subject to the agreed service scope.

Cloud Accounting

Cloud accounting provides real-time accounting systems. Whether using a computer, phone, or tablet, entered data synchronizes across all devices, eliminating the need for manual updates.

HSBC Bank Synchronization

Xero accounting system can automatically synchronize bank statement transactions into your company's accounts, and can automatically suggest or match to issued invoices or receipts.

XERO Accounting Services

  • Periodic accounting
  • Preparation of financial statements (profit & loss accounts, balance sheets, statements of changes in equity, cash flow statements, etc.)
  • Providing opinions on clients' accounting records
  • Reviewing the appropriateness of accounting standards
  • For information on record keeping requirements, please refer to the Inland Revenue Department's guide 'A Guide to Keeping Business Records'

Our Accounting Services

Bookkeeping Services

We provide comprehensive bookkeeping services to ensure your financial records are accurate and up-to-date.

  • Daily, weekly, or monthly transaction recording
  • Bank reconciliation and account management
  • Accounts payable and receivable processing

Financial Reporting

Regular financial reporting helps you understand your business's financial health and make informed decisions.

  • Monthly, quarterly, and annual financial statements
  • Customized financial reports for management review
  • Analysis and interpretation of financial data

Financial Advisory

Our advisory services help you optimize your financial processes and improve business performance.

  • Financial process improvement recommendations
  • Cost control and profitability analysis
  • Budgeting and forecasting assistance

Important Note on Record Keeping

Hong Kong businesses are required to maintain proper accounting records for at least 7 years. These records must be sufficient to accurately reflect your business transactions and financial position.

View IRD's Guide to Keeping Business Records

Related services to consider

These links help connect the current topic with nearby company, tax, banking, and compliance support. They are not a substitute for professional advice on your actual circumstances.

Need Professional Accounting Services?

Contact us today to discuss how our accounting services can help your business maintain financial compliance and improve financial management.

Contact Us Today