Business Overview
For various reasons, an entity may go into liquidation. its debts collection, liabilities discharge , assets realization, and profit , loss expenses occurred during the period of liquidation have to be audited. Liquidation audit include bankruptcy liquidation auditing, contract termination liquidation auditing, etc. This audit report is prerequisite for deregistration from the Administration of Industry and Commerce, and tax authorities to collect taxes and issue tax payment certificate.
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