最新报道:According to a report from the Hong Kong Wen Wei Po on July 30th, the Hong Kong Accounting and Financial Reporting Council (AFR) released its "2024-25 Inspection Report" and "2024-25 Investigation Report." Liu Jianru, Head of the Bureau's Inspection Department, stated that companies involved in virtual asset trading are considered emerging industries and will be among the targets of this year's inspections. The report noted that auditors currently face challenges including verifying the ownership and existence of virtual assets, the complexity of valuation, increased fraud risks, and the lack of unified accounting standards for virtual assets. The review revealed that companies lacked understanding of virtual asset-related business models, control activities, and risks; failed to assess the design and implementation effectiveness of internal controls related to virtual asset transactions and client virtual asset custody; and failed to design and implement adequate audit procedures to verify virtual asset ownership, the occurrence of hash transactions, and the valuation of virtual assets.