Records review
Review ledgers, tax filings, payroll and social insurance records, and corporate filings.
Who it is for
Who this service is for
- companies that want to change accounting provider;
- finance managers who have inherited a China entity;
- groups preparing for an audit, sale or closure; and
- investors after an acquisition.
Scope
What Hongda does
The final scope is agreed for each engagement.
Findings report
Rank the issues found by risk and set out the corrective steps.
Corrections
Prepare agreed corrective filings where they are needed.
Handover from your provider
Collect the books, system access, filing calendars and seal records, and reconcile the opening balances.
Ongoing service
Continue with bookkeeping, payroll and annual maintenance once the handover is complete.
Process
How it works
- 1
Hold a scoping call.
- 2
Send the information request.
- 3
Review the records.
- 4
Present the findings.
- 5
Agree corrections and the handover plan.
- 6
Start the monthly service.
FAQ
Frequently asked questions
What do we need to provide?
Access to ledgers, tax filings, bank statements, payroll records and corporate documents. A full list is sent after the scoping call.
Will our current provider be told?
The handover is planned with you, including when and how your current provider is informed.
Does a health check replace an audit?
No. It is a review within an agreed scope and does not give an audit opinion.
Related services
Talk to Hongda
Tell us what you need. We confirm the scope with you before any work starts.