ASSURANCE

With rapid changes in business and the regulatory environment, companies face new and increasing challenges, risks and burdens. We provide hands-on services through constant interaction with our clients' management, so as to deliver efficient, effective and comprehensive assurance services without losing the personal touch.

Audit

The risk-based audit approach focuses on business drivers as well as the associated risks and potential effects on the financial statements.

Our BDO audit approach is applied consistently across our international network through the use of the BDO Audit Manual, which complies fully with International Standards on Auditing while adding supplementary guidance to address local statutory requirements. This sound audit methodology is delivered using a BDO propriety software tool which, together with our commitment to quality service, ensures that our audit work is conducted effectively and efficiently.

Our professionals' expertise is highly diversified. This enables us to carry out audits on financial statements prepared under Hong Kong Financial Reporting Standards, International Financial Reporting Standards (IFRS), China Accounting Standards (CAS) and US GAAP. And working in tandem with our BDO network colleagues, we are also able to deliver on assignments under the accounting standards of other countries such as, the UK, Australia and Singapore.

BDO as an accounting network leverages local knowledge with international reach. We value our global network of resources as well as the personal touch. We deliver cohesive services at each location without bureaucratic overlay, yet with all the checks and balances and support of experts internationally to ensure that our clients are provided with high levels of technical expertise.

BDO Member Firms are connected seamlessly through the secure BDO intranet "Connect", which allows us to communicate and share knowledge and best practices with BDO professionals located around the world.

Our extranet portal platform, accessible only by authorised users of the auditor and the client, provides a robust web-based technology – a private, secure website that streamlines exchange of information and assists review and communication. It supports the relationship among BDO firms and the clients in international engagements, providing ready access to relevant data and documents and assisting in project management by tracking activities and milestones.

Our partners invest significant time in developing strong relationships with our clients' management teams and are ready to provide proactive support throughout the year.

The scope of our audits extends far beyond number crunching. We add value by looking at the facts behind the numbers and providing recommendations on our clients' operational and internal control procedures based on our findings.

Initial Public Offerings

BDO has extensive experience in assisting Hong Kong and Chinese enterprises in going public, as well as in other corporate exercises in Hong Kong, Singapore, the US and the UK.

We act as reporting accountants in IPOs and other corporate exercises. We are familiar with regulatory requirements and understand the critical path in an often tortuous process. We identify issues up front and work with our clients and their advisors towards an appropriate and speedy resolution.

Our pool of dedicated and committed professionals understands that time is of the essence and we work very closely with the management and the corporate finance team in meeting critical deadlines.