Fri. Mar 29th, 2024

Gallant excels in financial management with professional and rigorous system. For financial management, our professional accountants arrange and handle all management accounts in accordance with the provisions of the Deed of Mutual Covenant and the Building Management Ordinance.

In addition, we regularly provide income and expenditure statement and balance sheets to our clients for review; and prepare the budget report based on the recurring and estimated non-recurring expenses of the building three months prior to the beginning of each financial year.

 

Rigorous Control of revenue and expenditure

Gallant possesses a comprehensive financial management system to maintain the health of finance of managed properties through strict supervision of monthly income and expenditure. For any over-expenditure items, we would investigate the fundamental reason in detail and present the result in the monthly report. We also review the financial status on annual basis. Our staff in charge will solve any financial issue by preparing the follow-up actions. In terms of daily expenditure, we strive for the most favorable price by collective purchases and setup a rigorous approval procedure to avoid over-expenditure effectively.