About us
Company Profile

Founded in 1978, Lawrence Cheung C.P.A. Company Limited ("LCCPA”) is a professional accounting firm registered with the Hong Kong Institute of Certified Public Accountants ("HKICPA"). We have more than 40 staff members, including 6 Certified Public Accountants (Practising) and 7 Qualified Public Accountants to provide an integrated range of services with a commitment to excel in all practice areas. Our directors are ex-Big-Four accountants with extensive experiences in audits of both Hong Kong and overseas private and listed companies, taxation, business advisory, computer consultancy, merger and acquisition, company secretary, risk management, initial public floatation, corporate and group restructuring exercises.

LCCPA has over 1,000 clients with around 50% from overseas. Our clients’ portfolio is diversify from SMEs, regulated entities (asset management, securities dealers and corporate finance companies) under Securities and Futures Ordinance to multi-national corporations. To assist our clients in developing business in overseas and provide cross-border business advisory, assurance and other services, we have joined and become a member of Alliott Global Alliance, a worldwide alliance of independent accounting, law and consulting firms. With 208 member firms in 93 countries including China, USA, UK, Germany, Italy, Japan etc., the group meets the local and cross-border needs of its members and their clients.

OUR MISSION

Following the development in the world economy and business environment and tax transparency, our Chairman and Managing Director, Mr. Lawrence Cheung Wai-kou, MH JP who has extensive audit and tax experience believes merely statutory audit and tax compliance services can no longer be sufficient for our clients. What a business looks for from a CPA firm is not just an “auditor” but a “business partner” who can assist it to expand its business and tackle enquires from tax authorities by providing professional, effective and timely solution and advice not just locally but internationally at a reasonable price. Based on this belief, our Mr. Cheung has developed business strategies and staff training programs to ensure that for every client, LCCPA is its most trustworthy business partner.

About our system of quality management

The public interest is served by the consistent performance of qualitative audit, assurance, review and other related engagements. The design, implementation and operation of the system of quality management enables the consistent performance of quality engagements by providing our Practice with reasonable assurance that the following quality objectives of the system of quality management are achieved.

  1. Our Practice and its personnel fulfill their responsibilities in accordance with professional standards and applicable legal and regulatory requirements, and conduct engagements in accordance with such standards and requirements; and
  2. Engagement reports issued by our Practice or engagement partners/directors are appropriate in the circumstances.

Our Practice has designed and implemented, and is operating, a system of quality management in accordance with Hong Kong Standard of Quality Management 1 and 2 issued by Hong Kong Institute of Certified Public Accountants. By implementing appropriate policies and procedures, our Practice demonstrates a commitment to quality through a culture that exists throughout the Practice, which recognizes and reinforces the following matters.

  1. The Practice’s role in serving the public interest by consistently performing quality engagements;
  2. The importance of professional ethics, values and attitudes;
  3. The responsibility of all personnel for quality relating to the performance of engagements or activities within the system of quality management, and their expected behavior; and
  4. The importance of quality in the Practice’s strategic decisions and actions, including the Practice’s financial and operational priorities.

For more details about the Hong Kong Standard of Quality Management 1 and 2 (“HKSQM 1” and “HKSQM 2”), please visit the web site of Hong Kong Institute of Certified Public Accountants with the following hyperlinks.

Standard Hyperlink
HKSQM 1 https://www.hkicpa.org.hk/-/media/HKICPA-Website/Members-Handbook/volumeIII/hksqm1.pdf
HKSQM 2 https://www.hkicpa.org.hk/-/media/HKICPA-Website/Members-Handbook/volumeIII/hksqm2.pdf