Audit and Assurances

LSC CHINA’s clients are companies with a legal obligation to have their financial statements audited. Our duties as auditors are defined by relevant legislation, standards and regulations promulgated by the accountancy profession. We have adopted a flexible and balanced approach to auditing to ensure the maintenance of high professional standards required of auditors and to provide a way of adapting audit procedures in line with the specific needs of each engagement. Our traditional role as Auditors also allow us to build up a clear understanding of your business, enabling us to help you identify the major risks and opportunities in your strategies and activities. In addition, we provide financial statement reviews, fact-finding reports on financial information, capital verification assurance, business operation assessment, and reporting services for foreign exchange and special purposes. Our scope of services:

• PRC statutory audit
• PRC capital verification
• PRC construction projects review and costs audit
• IAS/IFRS reporting
• Special audit & review
• Internal audit & risk management
• Pre-IPO audit assistance
• US SOX s404 audit assistance