Purchase Order Auditor in China Guangzhou –Free Word Template Download with AI

This Purchase Order is issued by Guangzhou Industrial Development Corporation (hereinafter referred to as the "Buyer") to Guangzhou Certified Auditor & Compliance Group Co., Ltd. (hereinafter referred to as the "Auditor") for the provision of comprehensive financial audit, compliance review, and internal control assessment services to be performed at the Buyer's principal operations facility located in China Guangzhou. The Auditor shall conduct a full-scope annual financial audit in accordance with the Chinese Accounting Standards for Business Enterprises (CAS) and the International Standards on Auditing (ISA) as adopted by the Chinese Institute of Certified Public Accountants (CICPA).

The Auditor shall deliver the following items as part of this Purchase Order engagement in China Guangzhou:

• An unqualified or qualified audit opinion letter signed by the lead Auditor and the firm's designated signatory, issued within thirty (30) calendar days of the completion of fieldwork.
• A detailed management letter identifying material weaknesses, significant deficiencies, and recommended corrective actions in the Buyer's internal control environment.
• A transfer pricing benchmarking report and tax compliance certification suitable for submission to the China Guangzhou Municipal Tax Bureau.
• Two interim review memoranda for Q1 and Q2 2025, each accompanied by a summary of exceptions and follow-up actions.
• All working papers, audit evidence, and supporting documentation retained by the Auditor for a minimum period of ten (10) years in compliance with CICPA archiving regulations.

1. Governing Law: This Purchase Order shall be governed by and construed in accordance with the laws of the People's Republic of China, including the Civil Code of the PRC and the Audit Law of the PRC. Any disputes arising from this Purchase Order shall be resolved through arbitration at the China International Economic and Trade Arbitration Commission (CIETAC), Guangzhou Sub-Commission, located in China Guangzhou.
2. Confidentiality: The Auditor agrees to maintain strict confidentiality over all financial data, trade secrets, and proprietary information of the Buyer obtained during the course of the audit engagement in China Guangzhou. A separate Non-Disclosure Agreement (NDA) is attached as Annex A to this Purchase Order.
3. Independence: The Auditor warrants that neither the firm nor any member of the engagement team has any financial, personal, or professional relationship with the Buyer that would impair the Auditor's independence or objectivity as required by the CICPA Code of Ethics.
4. Timeline: Fieldwork for the annual audit shall commence on July 1, 2025, and conclude no later than August 15, 2025. The final audit report shall be delivered to the Buyer's Board of Directors no later than September 15, 2025.
5. Payment Terms: Payment shall be made in three installments: (a) 40% (CNY 285,352.00) upon execution of this Purchase Order; (b) 40% (CNY 285,352.00) upon completion of fieldwork and delivery of the draft audit report; and (c) 20% (CNY 142,676.00) upon delivery of the final signed audit opinion. All payments shall be made via bank transfer to the account specified in Section 1.
6. Force Majeure: Neither party shall be liable for failure to perform obligations under this Purchase Order if such failure is caused by events beyond reasonable control, including but not limited to natural disasters, government mandates, or public health emergencies affecting operations in China Guangzhou.
7. Termination: Either party may terminate this Purchase Order with thirty (30) days' written notice. In the event of termination, the Buyer shall pay the Auditor for all services rendered up to the date of termination on a pro-rata basis.

By signing below, both parties acknowledge and agree to all terms, conditions, and specifications set forth in this Purchase Order for the engagement of the Auditor in China Guangzhou. This Purchase Order constitutes a binding commercial agreement between the Buyer and the Auditor upon execution by both authorized representatives.

This Purchase Order (PO-GZ-2025-04782) is issued for the procurement of professional Auditor services in China Guangzhou. All communications regarding this Purchase Order shall be directed to the procurement department of the Buyer at the address listed above. This document is valid for a period of thirty (30) days from the date of issue. Unauthorized reproduction or distribution of this Purchase Order is strictly prohibited.