In Hong Kong, the authorities take accounting seriously, regardless of whether the company operates within or outside the country. Keep all accounting records appropriately to avoid inaccurate data or problems with the current laws (an annual audit is carried out to help you comply with legal requirements). It is performed by a CPA (Certified Public Accountant) independently employed by the company. The auditor must have a confirmed certification and a special license, and it could be a company or a natural person. The results of the audit are presented at the company's annual meeting.