Document background
A Request For Audit Services document is essential for organizations seeking to appoint or change their external auditors in Hong Kong. This document is typically used when a company needs to conduct a statutory audit, requires special purpose auditing services, or wishes to review its current audit arrangements. The request outlines specific requirements, scope, and qualifications needed from audit firms, ensuring compliance with the Hong Kong Companies Ordinance, HKICPA standards, and other relevant regulations. It serves as the foundation for selecting appropriate audit services providers and typically includes detailed information about the company's operations, audit requirements, evaluation criteria, and submission guidelines. The document is particularly important for maintaining corporate governance standards and ensuring transparent procurement of professional services.
