Client's Role in the Audit Arrangement Process

A clear guide to the administrative steps you need to follow when we coordinate your annual audit arrangement with an appointed independent auditor.

Document folders, checklist, magnifying glass and charts on a desk against a city skyline

Service snapshot

What to expect before you enquire

Best for

Clients preparing for an HKBSCL-coordinated audit arrangement with an independent auditor.

What HKBSCL handles
Engagement, document, query, draft-review, signing and tax-package coordination across the agreed stages.
Timing
Stage dates are set only after the records, deadline, signing parties and independent auditor availability are known.
Fee basis
This procedure is not a separate product; charges form part of the agreed audit-arrangement and related accounting quotation.
More details
What you receive
A stage-by-stage checklist and a coordinated hand-off to the independent auditor through final signing and agreed submission support.
What you prepare
Signed engagement and confirmation documents, complete accounting records, vouchers, contracts and timely answers to auditor questions.
Who makes the final decision
The independent auditor controls audit procedures and the opinion. Directors approve and sign the company's documents.

Your next step

Tell us the company, financial year, filing deadline and record status. We will identify the correct starting stage and required documents.

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.

  1. 01

    1. Engagement and Initiation Phase

    Receive Deposit: The client pays the deposit for the audit arrangement.

    Sign Necessary Documents: The client signs the preliminary documents to appoint the independent auditor and confirm HKBSCL coordination support:

    • Audit Engagement Letter
    • Director's Resolution to Appoint Auditor
    • Bank Confirmation Request Form
  2. 02

    2. Audit Execution Phase

    Provide Accounting Information: The client provides all complete accounting records, vouchers, contracts, and bank statements.

    Cooperate with Reviews and Inquiries: Our coordination team organizes the accounting information and will raise questions and request additional supporting documents from the client from time to time based on the appointed auditor's requirements.

  3. 03

    3. Reporting and Finalization Phase

    Review Drafts: After the appointed auditor has substantially completed the audit work, the auditor will provide the following draft documents for the directors' review and approval:

    • Draft Audit Report
    • Tax Computation

    Sign Final Documents: If there are no issues with the drafts, the client needs to arrange for the signing of the following final documents:

    • Approval Letter
    • Director Emolument Confirmation Letter
    • Audit Confirmation / Management Representation Letter
  4. 04

    4. Closing and Submission Phase

    Receive Final Payment: The client pays the balance for the audit arrangement.

    Submit Tax Return: After the balance is received and final documents are signed, our coordination team arranges submission of the signed tax documents to the Hong Kong Inland Revenue Department (IRD).

  5. 05

    5. Post-Audit Follow-up

    Once the audit is formally concluded, the directors can decide to:

    • Continue to maintain the company and operate as usual.
    • Arrange for further de-registration of the company (if the company is no longer needed).

Why Choose HKBSCL for Audit Coordination

Professional guidance through every stage of your statutory audit

Clear Coordination Process

We break down the audit coordination process into five clear phases, so you know what documents to prepare and when, reducing back-and-forth with the independent auditor.

Experienced Coordination Team

Our team coordinates with the appointed independent Hong Kong CPA, organises the documents received and keeps communication moving throughout the audit arrangement.

Deadline Management

We track audit and tax filing deadlines to help you stay on schedule with the Inland Revenue Department, reducing the risk of late filing penalties.

End-to-End Support

After the auditor issues the report, we assist with filing the profits tax return and provide guidance on ongoing compliance or company deregistration if needed.

Our Audit Coordination Process

01

Engagement & Kickoff

We coordinate the audit engagement, help you sign the engagement letter and board resolution, and coordinate the bank confirmation request with the appointed independent auditor.

02

Document Collection & Review

You provide the complete accounting records, bank statements, and supporting documents. We organize them before forwarding to the appointed auditor for examination.

03

Report Review & Approval

The auditor submits a draft report and tax computation. We walk you through the findings and coordinate the signing of the final approval documents.

04

Filing & Closure

Once the audit is complete and fees are settled, we arrange for the signed tax documents to be filed with the Inland Revenue Department on your behalf.