logging in or signing up Audit Project 0506-0025 aSGuest97147 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 28 Category: Others/ Misc License: All Rights Reserved Like it (0) Dislike it (0) Added: May 05, 2011 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Lam & CO CPAAudit ProposalESPRIT Holdings Ltd. : Lam & CO CPAAudit ProposalESPRIT Holdings Ltd. Content : Company Profile Scope of Work Fee and Contracts Recent Clients 2 Content Company Profile : Company Profile 3 Company Profile : Company Profile Established in 1989 Mr. LAM, Hing Chuk Leo and Mr. LAM, Wah Sam Local partnership developed as an international accounting firm Operate in 30 countries and have 25,000 professionals 4 Company Profile : Company Profile Headquarter is located in the U.K. Sub-area headquarter in Asia Hong Kong International Finance Centre Services provided Audit and assurance Tax Advisory 5 Awards : 6 Awards Engagement Team : Engagement Team Team Leader: Mr. LAM, Hing Chuk Leo HKICPA, FCCA, AICPA, CICPA MBA, MSc Audit partner since 1989 Experience for over 20 years 7 Engagement Team : Engagement Team Independence No substandard audit work record Qualified as Certified Public Accountant 8 Audit and Assurance : Audit and Assurance We provide our services by Giving a true and fair view in financial reports Compliance to laws and regulations Commenting for the interest of the company and stakeholders e.g. the future prospect of company financially 9 Tax Service : Tax Service Tax computation and assessment Calculate for compulsory profit tax charges Comply different laws and regulations Tax planning, analysis and advisory Maximize client’s opportunities Acknowledge new market tax measure Make a comprehensive planning on tax for decision making 10 IT Risk and Assurance : IT Risk and Assurance IT risks Business strategies We help our clients and stakeholders To gain confidence by assuring on IT related aspects 11 Advisory - Corporate Governance : Advisory - Corporate Governance Meet their regulatory compliance obligations E.g. Listing Rules Acquire the precious value Services include risk-based internal audit, review on operation, due diligence for listing purpose, internal control reviews, etc. 12 Advisory - Financial : Advisory - Financial Advisory services Acquisitions and disposals of assets Advisory on real estate investment IPO services Financial modeling in management 13 Other Services : Other Services Enterprise Risk Service The China Overseas Investment Network Climate Change and Sustainability Services Merger and Acquisitions services 14 Scope of Work : Scope of Work 15 Audit Objectives : Express independent opinion on financial statements Free from material misstatement Enhance credibility Make recommendations to improve efficiency and effectiveness of operation 16 Audit Objectives Scope of Service : Financial Statements Audit Accordance with Hong Kong Standard on Auditing and other regulations Advisory for Internal Control Review and determine the weaknesses of your internal control systems Provide suggestions to enhance the effectiveness and efficiency of operation 17 Scope of Service Scope of Service : IT System Implementation Identify weaknesses of IT system Advise ways to improve operation of system and information security Understand and assess the risk from IT system Financial Advisory Understand the competing business environment Give a probable financial advice 18 Scope of Service Scope of Service : Tax Service Provide useful tax advice General tax consulting Tax compliance Tax status review Tax management Preparing tax rebate 19 Scope of Service Services Required of Staff : Authorizing communication with previous auditor Allowing assessment at all times of all information related to the accounts and audit (books, documents, minutes, announcements) Allowing visiting the registered office and warehouses 20 Services Required of Staff Services Required of Staff : Arranging attendance to any general meetings Arranging communication with or inquiries to staff (management, directors) Providing any other services needed 21 Services Required of Staff Engagement Timeline : Engagement Timeline 22 Audit Reporting : Done after the final visit Express an opinion on whether the financial statements Have been properly prepared Comply with the applicable financial reporting framework Give a true and fair view Free from material misstatement 23 Audit Reporting Fee and Contracts : Fee and Contracts 24 Fee and Contracts : 25 Fee and Contracts Fee and Contracts : Total audit fee in 09/10 financial year = HK$22,000,000 Total estimated audit fee for 11/12 financial year= HK$11,818,000 26 Fee and Contracts Recent Clients : Recent Clients 27 Recent Clients : Recent Clients (11 Years) (6 Years) (3 Years) (4 Years) (8 Years) 28 The End : The End 29 You do not have the permission to view this presentation. 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Audit Project 0506-0025 aSGuest97147 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 28 Category: Others/ Misc License: All Rights Reserved Like it (0) Dislike it (0) Added: May 05, 2011 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Lam & CO CPAAudit ProposalESPRIT Holdings Ltd. : Lam & CO CPAAudit ProposalESPRIT Holdings Ltd. Content : Company Profile Scope of Work Fee and Contracts Recent Clients 2 Content Company Profile : Company Profile 3 Company Profile : Company Profile Established in 1989 Mr. LAM, Hing Chuk Leo and Mr. LAM, Wah Sam Local partnership developed as an international accounting firm Operate in 30 countries and have 25,000 professionals 4 Company Profile : Company Profile Headquarter is located in the U.K. Sub-area headquarter in Asia Hong Kong International Finance Centre Services provided Audit and assurance Tax Advisory 5 Awards : 6 Awards Engagement Team : Engagement Team Team Leader: Mr. LAM, Hing Chuk Leo HKICPA, FCCA, AICPA, CICPA MBA, MSc Audit partner since 1989 Experience for over 20 years 7 Engagement Team : Engagement Team Independence No substandard audit work record Qualified as Certified Public Accountant 8 Audit and Assurance : Audit and Assurance We provide our services by Giving a true and fair view in financial reports Compliance to laws and regulations Commenting for the interest of the company and stakeholders e.g. the future prospect of company financially 9 Tax Service : Tax Service Tax computation and assessment Calculate for compulsory profit tax charges Comply different laws and regulations Tax planning, analysis and advisory Maximize client’s opportunities Acknowledge new market tax measure Make a comprehensive planning on tax for decision making 10 IT Risk and Assurance : IT Risk and Assurance IT risks Business strategies We help our clients and stakeholders To gain confidence by assuring on IT related aspects 11 Advisory - Corporate Governance : Advisory - Corporate Governance Meet their regulatory compliance obligations E.g. Listing Rules Acquire the precious value Services include risk-based internal audit, review on operation, due diligence for listing purpose, internal control reviews, etc. 12 Advisory - Financial : Advisory - Financial Advisory services Acquisitions and disposals of assets Advisory on real estate investment IPO services Financial modeling in management 13 Other Services : Other Services Enterprise Risk Service The China Overseas Investment Network Climate Change and Sustainability Services Merger and Acquisitions services 14 Scope of Work : Scope of Work 15 Audit Objectives : Express independent opinion on financial statements Free from material misstatement Enhance credibility Make recommendations to improve efficiency and effectiveness of operation 16 Audit Objectives Scope of Service : Financial Statements Audit Accordance with Hong Kong Standard on Auditing and other regulations Advisory for Internal Control Review and determine the weaknesses of your internal control systems Provide suggestions to enhance the effectiveness and efficiency of operation 17 Scope of Service Scope of Service : IT System Implementation Identify weaknesses of IT system Advise ways to improve operation of system and information security Understand and assess the risk from IT system Financial Advisory Understand the competing business environment Give a probable financial advice 18 Scope of Service Scope of Service : Tax Service Provide useful tax advice General tax consulting Tax compliance Tax status review Tax management Preparing tax rebate 19 Scope of Service Services Required of Staff : Authorizing communication with previous auditor Allowing assessment at all times of all information related to the accounts and audit (books, documents, minutes, announcements) Allowing visiting the registered office and warehouses 20 Services Required of Staff Services Required of Staff : Arranging attendance to any general meetings Arranging communication with or inquiries to staff (management, directors) Providing any other services needed 21 Services Required of Staff Engagement Timeline : Engagement Timeline 22 Audit Reporting : Done after the final visit Express an opinion on whether the financial statements Have been properly prepared Comply with the applicable financial reporting framework Give a true and fair view Free from material misstatement 23 Audit Reporting Fee and Contracts : Fee and Contracts 24 Fee and Contracts : 25 Fee and Contracts Fee and Contracts : Total audit fee in 09/10 financial year = HK$22,000,000 Total estimated audit fee for 11/12 financial year= HK$11,818,000 26 Fee and Contracts Recent Clients : Recent Clients 27 Recent Clients : Recent Clients (11 Years) (6 Years) (3 Years) (4 Years) (8 Years) 28 The End : The End 29