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Accounting & Treasury

This Division provides all accounting and financial reporting support for clients of LMSL including the preparation of :
 

  • management accounts (monthly, semi-annually or annually);

  • key factor analysis;

  • budgeting and cashflow forecasts; and

  • statutory accounts

Our staffs also assist implementation of software packages for facilitating financial reporting requirements which can be shared for client’s internal use and reference.

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We handle all bank transactions as instructed including bank payments and receipts, preparation of bank drafts and telegraphic transfers and all reporting requirements in relation to these transactions, e.g. reconciliation statements on a monthly or quarterly basis. Those clients who do not reside in Hong Kong will be most benefited.

We also assist management of the business of a client’s companies such as: preparation of invoices; liaison with customers, banks, suppliers and forwarders; letter of credit applications and transfer; and, handing payments and receipts. An independent telephone line can be dedicated for Hong Kong companies which directors or shareholders are residing overseas.

Special projects may also be carried out including review of existing systems. Reports and recommendations will be made for improvements of the areas under review.

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