Revenue recognition verification
Full-cycle review of contracts, performance obligations, variable consideration, and cut-off testing for a reporting period.
Wan Chai · Financial auditing
Revenue recognition that stands up to scrutiny
Appsync Data verifies how Hong Kong companies recognise revenue under IFRS 15 and related standards — contract by contract, obligation by obligation — before your statutory auditors or investors do.
Where cut-off and performance obligations meet
We work with controllers, CFOs, and audit committees who need an independent read on whether revenue recorded this period matches the substance of customer contracts — not just the invoice calendar.
Contract portfolio review
Sampling and deep-dive work across multi-element arrangements, licences, and long-term service agreements.
Pre-audit readiness
Working-paper packs and walkthroughs so your year-end audit team spends less time reconstructing revenue logic.
From Hopewell Centre to your ledger
Our team sits in Wan Chai and works on-site or remotely across Hong Kong. Engagements are scoped in writing, timed to your closing calendar, and delivered as findings you can act on — not a slide deck of general advice.
How an engagement runs“They flagged a licence renewal pattern we had been recognising upfront. Correcting it before year-end saved us a painful exchange with the statutory team — though the first draft of their memo was denser than we’d hoped.”
— Mei Ling Chow, Group Financial Controller, logistics group
Field notes from recent work
Practical notes on cut-off, variable consideration, and Hong Kong reporting practice.
Cut-off is not a shipping date by another name
Why delivery evidence, customer acceptance, and billing calendars diverge — and how verification teams test the gap.
Unbundling licences and support without a spreadsheet war
A calmer way to allocate transaction price when Hong Kong distributors sell software licences with multi-year support.
What to put in a revenue working-paper pack before auditors arrive
A practical index: contract excerpts, cut-off schedules, and judgement notes that shorten the first audit meeting.
Have a closing date on the calendar?
Tell us about your contract mix and reporting deadline. We reply within two business days with a scoping outline.
Request a scoping call