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Mazars in Hong Kong is pleased to announce the appointment of Elsa Ho, head of Quality Assurance Department, as a director of Mazars CPA Limited with effect from 1 September 2010.
With so much of our financial activity computerized these days, the importance of healthy IT systems is without doubt crucial not only to the speed of an Audit but also its efficiency and accuracy. Christopher Hock is the IT specialist at the audit and accounting firm Mazars in China. He is tasked with the critical pre-audit task of assessing the integrity of each client’s IT system. It’s a process that helps both the client and financial audit team, as an IT driven, hiccup-free and time-efficient audit benefits all parties.
Mazars, the international, integrated accountancy firm, has appointed Jack Clipsham to further develop its inbound and outbound corporate finance services for the Asia-Pacific region. His remit will encompass capital markets, cross-border M&A, private equity and financial due diligence services. Initially based in London, Jack will travel to the region on a monthly basis with a view to transferring to Hong Kong or Singapore within the next year.
Mazars welcomes Weiser, a well-established New York- based firm, within its international integrated partnership as a natural evolution of a 10 year common history via a joint venture agreement.
Mazars Hong Kong was invited by the Hong Kong Institute of Certified Public Accountants ("HKICPA" or "Institute") to submit a proposal for consideration. Following an interview by the Institute's Audit Committee, Mazars Hong Kong was informed that it would be proposed as auditor at the Institute's forthcoming Annual General Meeting of members. The appointment was formally approved at the meeting held on 11 December 2009.
Mazars Hong Kong is pleased to announce that Catherine Tse, an expert in corporate tax advisory and compliance services, has joined as Senior Manager – Tax Services.
Our new Information Technology (IT) Audit department helps bring your risks under control. Your IT systems play an important part in supporting your business processes and administration. Because important financial information is also held in your IT systems, they have to be audited as well. An IT audit will make sure that this information is reliable and that any risks within these systems can be managed.
In line with globalization in the accounting industry, Mazars offers an International Secondment program. In 2009, two assistant managers were sent to Mazars’ Cape Town office.
The global economy has been severely hit by the financial crisis which commenced in the second half of 2008. Some companies have closed manufacturing plants while others have undergone corporate restructuring. Kenneth Morrison, Managing Director of Mazars in Hong Kong, and Annie Chan, Managing Director of Mazars Corporate Recovery and Forensic Services, were recently interviewed by CFOinnovationAsia sharing ways for entities to meet the challenges arising in this unfavourable market situation.
Mazars in Hong Kong moved to their new office at 42/F, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong on 13 July 2009.