Audit, Accounting & Tax Services
Windward’s professional audit and assurance team provides one-stop auditing, verification, and advisory services, helping clients achieve their business objectives, manage risks, and enhance performance on a global scale.
For business owners across different industries, accounting can often be a major challenge, especially when key accounting staff leave, raising concerns about incomplete handovers or improper record-keeping. To address this, Windward offers smart cloud accounting services tailored to your needs.
Furthermore, effective tax planning is crucial for both businesses and individuals—not only to legally minimize tax burdens but also to alleviate cash flow pressures. Windward Group delivers comprehensive business and tax solutions to help your company maintain a competitive edge. Regardless of your industry or business size, our tax professionals can transform tax matters into strategic business assets.
AUDIT SERVICES
Private Company Audit
Licensed Company Audit
Fund Company Audit
Audit of Funded Projects
Guaranteed Limited Company Audit
Private Company Audit
Windward provides professional audit and accounting services in compliance with the standards set by the Hong Kong Institute of Certified Public Accountants (HKICPA) and the International Accounting Standards Board (IASB). We are committed to delivering high-quality, consistent, independent, and insightful solutions for our clients.
Auditing goes beyond ensuring compliance with reporting standards—it also creates additional value for businesses by identifying internal management issues and offering insights to address both current and future challenges. This is made possible by our in-depth understanding of your business, industry trends, and the latest regulatory requirements. We conduct a comprehensive assessment of your company’s risks, management’s risk control strategies, and transparency in stakeholder reporting, ensuring a thorough and precise audit process.
Through Windward’s multi-dimensional analysis, you gain far more than financial figures. Our audit and assurance services are designed to provide a deep understanding of your internal operations, ensuring that:
✔ Business risks are effectively managed
✔ Audits are conducted efficiently with minimal resource consumption
✔ The audit process has minimal disruption to daily operations
✔ Any issues identified during the audit are clearly communicated and addressed
Our Services
We provide one-stop global company audit and listed company audit services, including:
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Statutory Financial Audits
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Consultation on IFRS & HKFRS Compliance
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Financial Statement Preparation
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Professional Services Led by Practicing CPAs
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Key Management Control Assessments
Our diverse client base spans local and global markets, including private enterprises, listed companies, licensed corporations, partnerships, and offshore fund companies (particularly Cayman Funds). Additionally, we provide non-statutory financial services for non-profit organizations and charities.
Why Choose Windward?
Windward’s management team consists of professionals with Big Four accounting firm backgrounds and over 20 years of industry experience. This allows us to deeply understand our clients' business environments, deliver tailored and efficient audit solutions, ensure full regulatory compliance, and provide an exceptional service experience.
Licensed Company Audit
Compliance Report
Under Section 156(1) of the Securities and Futures Ordinance (SFO), licensed corporations are required to submit audited accounts and other necessary documents within four months after the end of each financial year. These documents include:
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Audited Disclosure Documents
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Business Review Management Questionnaire (BRMQ)
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Financial Resources Return (FRR)
If a licensed corporation ceases all licensed regulated activities, it must submit audited accounts and related documents to the Securities and Futures Commission (SFC) within four months from the cessation date.
Financial Resources Return (FRR)
According to Section 56 of the Securities and Futures (Financial Resources) Rules, licensed corporations must submit monthly FRR reports to the SFC. However, companies engaged in Type 4, 5, 6, 9, and/or 10 regulated activities that are subject to the “Non-Client Asset Holding” condition are only required to submit FRR semi-annually.
Responsibilities of Auditors
Auditors must verify that the financial statements submitted to the SFC are accurately prepared based on the licensed corporation’s records. If discrepancies are found, auditors must provide an opinion on the nature and extent of the inaccuracies. Auditors also review the FRR reports to ensure proper compilation. Additionally, auditors are required to assess whether the licensed corporation complies with the Securities and Futures (Keeping of Records) Rules and whether its accounting system has adequate control mechanisms.
Special Provisions for Client Assets
Some licensed corporations are subject to licensing conditions that prohibit them from receiving or holding client funds or securities. In such cases, auditors are not required to assess compliance with Client Asset Rules, but they must ensure that the licensed corporation has adequate procedures in place to prevent the receipt or holding of client assets.
Our Services
We provide audit services for licensed corporations and issue audit opinions on financial statements to ensure compliance with the Securities and Futures (Keeping of Records) Rules and the Securities and Futures (Accounts and Audit) Rules.
Additionally, we conduct compliance audits to ensure licensed corporations meet record-keeping, accounting, and audit requirements while adhering to client asset protection regulations.
We also assist in reviewing and preparing required regulatory documents, including:
✔ Business Review Management Questionnaire (BRMQ)
✔ Financial Resources Return (FRR)
✔ Audit Questionnaire
✔ Account Disclosure Documents
With our expertise in regulatory compliance, we ensure that your licensed corporation meets all reporting obligations efficiently and effectively.
ACCOUNTING SERVICES
We understand the challenges faced by SMEs. Running an SME comes with various financial and accounting challenges, including:
🔸 High turnover of accounting staff, frequent replacements, and high recruitment costs
🔸 Difficulty in hiring suitable accounting talent
🔸 Inconsistent accounting expertise, leading to workflow disruptions
🔸 Ineffective financial management, where in-house accounting fails to address key financial issues
🔸 Heavy accounting workload, causing financial tasks to be handled inconsistently
🔸 Lack of understanding of financial management, accounting standards, and tax regulations, affecting business
operations
🔸 Complicated handovers, resulting in confusion and follow-up difficulties
🔸 Delayed financial updates, leading to poor business decisions
🔸 Potential legal risks due to non-compliance with regulations
Why Choose Windward?
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Cost-Effective Solution
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Reduce operational expenses – get access to a professional accounting team at half the cost of hiring in-house.
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Reliable & Professional Service
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Guaranteed service quality with customized financial and tax solutions tailored to your business needs.
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Our team undergoes regular internal training, ensuring familiarity with corporate systems and maintaining high operational efficiency.
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A team of experienced accountants supported by advanced systems ensures seamless and continuous service.
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Business Strategy Optimization
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Our highly skilled accounting team provides comprehensive support for businesses.
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Regular consultations with business owners and executives to identify operational weaknesses and provide guidance for improvement.
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Periodic financial analysis and recommendations, helping clients optimize their business strategies and achieve operational goals.
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Expert Tax & Compliance Planning
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A team of professional accountants well-versed in listing regulations and accounting standards.
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Our specialized tax team helps businesses minimize tax risks while ensuring compliance with legal and regulatory requirements.
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With Windward, you gain a trusted financial partner dedicated to streamlining your accounting operations, improving efficiency, and enhancing business performance.
TAX COMPLIANCE & ADVISORY SERVICES
At Windward, our tax advisory team leverages extensive experience and expertise to provide professional tax consultation services. We help clients gain a deeper understanding of Hong Kong’s tax laws, maximize tax benefits, and legally and efficiently minimize tax liabilities, ultimately improving profit margins.
We assist clients in strategic tax planning, ensuring they do not pay unnecessary taxes. Additionally, we provide corporate restructuring solutions to optimize tax efficiency and reduce operational costs.
Our services extend to both personal and corporate tax planning and filing, offering tailored tax strategies based on each client’s unique situation. Our goal is to:
✔ Achieve business objectives while reducing tax risks and ensuring legal compliance
✔ Improve corporate efficiency by enhancing tax management strategies
✔ Maximize tax savings through the effective use of tax exemptions and deductions
Windward is committed to delivering customized tax solutions to help clients achieve their financial goals while ensuring full compliance with tax regulations.
Corporate tax consulting services
To assist businesses with profit tax matters, we offer strategic tax planning that takes advantage of government tax incentives and policies, helping you legally reduce tax burdens. Our team continuously monitors the latest tax regulations and policies, tailoring tax optimization strategies to align with your company's profitability and business goals.
Who We Serve
📌 Limited Companies
📌 Sole Proprietorships
📌 Partnerships
Our Corporate Tax Services
✔ Preparation & Filing of Hong Kong Profit Tax Returns
✔ Completion of Employer’s Tax Returns
✔ Handling Tax Authority Inquiries & Correspondence
✔ Corporate Tax Planning & Advisory Services
✔ Tax Audit & Investigation Support
At Windward, we strive to maximize tax efficiency for businesses, ensuring compliance while minimizing tax liabilities to enhance overall financial performance.
Personal Tax Planning
To safeguard your financial and investment plans, Windward helps individuals effectively manage personal tax obligations. Our team provides strategic tax-saving advice, tailored tax planning, and long-term financial structuring to help optimize your tax position.
Our Personal Tax Services
✔ Preparation & Filing of Hong Kong Individual Tax Returns
✔ Mainland China Individual Income Tax Consultation
✔ Personal Tax Planning Advisory
Family Office Tax Services
Windward’s experienced professionals specialize in providing customized tax solutions for high-net-worth individuals, families, and family offices in Hong Kong and internationally. Our goal is to deliver tax-efficient strategies, ensuring the optimal management of wealth while remaining fully compliant with legal and regulatory frameworks.
Our Family Office Tax Solutions Include:
✔ Structuring tax-efficient investment and asset portfolios
✔ Optimizing tax benefits, exemptions, and government incentives
✔ Tailored wealth management and tax optimization strategies