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Executive Summary

The purpose of this report is to investigate the current state of corporate reporting in Hong Kong. It is designed to provide information that whether the enterprise business should be to expand the region according to the research of the Hong Kong's political, economic, cultural and social. Meanwhile, this will also be affected by integration with current UK reporting practices for Intocomm's forthcoming March 2015 corporate report.

Introduction

As one of the major financial and commercial centre in worldwide. Hong Kong (HK) not only has a major capitalist economy character, but also was affected by the People's Republic of China (PRC) in the aspects of political, economic, culture and society. More and more international financial institutions and its branches provide all kinds of which are helpful to establish a special security corporate reporting that meets the local requirements (PKF Hong Kong, 2014). Thus, Intocomm wants to expend business in HK, the investigation need to carry out from various views. This paper will investigate the following aspects:the primary users of corporate reports in HK,the main providers of finance for business, the legal system and role of government, the accounting standard in HK, other economic and social conditions, and the importance of corporate social responsibility in HK.

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