accounting

We have Financial Reporting Standards, regional and international. We have to face competition for every trade and financial reports and ratios are vital for CEOs of SMEs to manager their business. Accountants have to deal with standards, e.g. SME-FRS (HK), GFRS (Macau), data protection etc. They need the right tool to perform efficiently. All are the basic for my project, UFASS (USC Foresight Accounting Standards Systems).

About Me

Name:
Location: Hong Kong, Hong Kong

I have been working as an accountant for over twenty years. Major reason to start working with software is during my accounting experience, there were no suitable software to meet my needs. Starting with custom software developing, now I am developing product style custom system like UFASS to meet the latest standards and requirement of SME in Hong Kong and Macau.

Thursday, July 27, 2006

IFAC's first global forum

It takes almost three weeks to have something about this forum for SMEs and SMPs. Check "IFAC Hosts Global Forum on Challenges and Opportunities Facing Small and Medium Entities ".

I believe that there is no finalized statement yet and we have to wait until the Financial Reporting Standard for SMEs comes out at the end of this year.

Our work on the new accounting system for HK is now at the final stage. I must say that the work is much more difficult than previously expected.

posted by F. H. Tong | 3:51 AM

0 Comments:

Post a Comment

<< Home