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.

Saturday, June 09, 2007

A new site for UFASS

In order to promote the UFASS and support clients, I have a new site, www.ufass.com.hk. Besides information about UFASS, there will be other supporting development later for SMEs in HK and Macau. Orders will be accepted as from July 1, 2007.

My other site, accounting.uscforesight.com, will change to information about accounting, IFAC's international standards etc.

Now IFAC has a global survey about Financial Reports, IFAC Launches Survey on the Financial Reporting Supply Chain. All SMEs should try their best to join this survey. That will help IFAC to work for better and suitable standards.

I do believe that regional standards will be applied for some more years. Of course, it depends on how the international standards to meet regional specifications.

As mentioned in the new website, it is not only the standards, all SMEs, especially their CEOs, will need to manage the finance better. A sound management establishment needs suitable tool, my UFASS will be one of their choices.

posted by F. H. Tong | 6:23 AM

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