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China Accounting Alert

Under section 388 of the new Companies Ordinance (Cap. 622) in Hong Kong (the “new CO”), companies incorporated in Hong Kong are required to prepare a business review which complies with Schedule 5 of the new CO unless specifically exempted under section 388(3) of the ordinance. This edition of China Accounting Alert serves as a reminder of action to be taken by private companies if their directors wish to exempt from preparing the business review. In addition, it provides updates on the following:

  • IASB news and updates
  • Mainland news and updates
  • EY publications

Click the below links to read China Accounting Alert.


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