Module 5 Financial Soundness

The accreditation criterion, “Financial Soundness”, aims to assure the financial status of a company is sound and strong enough to withstand external risks, demonstrate resilience during global crisis and maintain the security of supply chain at all times.

To allow the Customs and Excise Department to assess the financial status, the company must submit its financial reports, such as the Auditor’s Report, Professional Accountant’s Reports, etc., of the latest two fiscal years.