EQC Compliance Advisory
CPA Practice Health
Practical resources for stronger, sustainable professional practices—built on clear policies, consistent engagement documentation, effective monitoring, and manageable workflows.
A Healthy Practice Is More Than Technical Compliance
A healthy CPA practice depends on clear policies, consistent engagement documentation, effective monitoring, capable people, and workflows that help partners identify issues before they become inspection findings or operational problems. This resource library brings together practical guidance for Hong Kong CPA practices, corporate practices, and practising accountants.
Use these articles and Regulatory Insights to review how your practice manages audit quality, quality management, AML/CTF responsibilities, inspection preparation, and sustainable delivery. Each resource is a starting point for professional discussion; read the linked material in full, consider the original sources and applicable requirements, and assess how they apply to your own circumstances.
Core Practice-Health Articles
6 Key Steps to Avoiding a CPA Practice Health Crisis
A practical guide to policies, inspection preparation, external monitoring, risk-based responses, self-monitoring, and automation.
Read the six key steps3 Audit Deficiencies to Fix Today
A checklist covering journal-entry completeness, internal-control design and implementation, and documented AML sanction checks.
Read the audit deficiencies3 More AFRC Inspection Deficiencies to Resolve Today
Further audit-quality guidance covering unrecorded liabilities, management override and fraud risk, sales cut-off, and disciplinary case lessons.
Read further deficienciesCurrent Regulatory Insights
From Reading to Implementation
SQM / AML Consultancy
Customised quality-management and AML/CTF documentation with practical implementation support.
Explore SQM / AML consultancyExternal Monitoring Reviews
Independent policy and completed-file monitoring to test whether the practice’s arrangements operate as intended.
Explore external monitoringAudit Program 4.1
Audit automation that supports systematic engagement files, working papers, and more consistent audit documentation.
Explore AP4.1Turn an Identified Gap into a Workable Response
EQC can discuss inspection readiness, quality management, AML/CTF, external monitoring, audit quality, and practice-improvement priorities.