Giving Chinese Companies Peace of Mind
Our clients understand the importance of selecting advisors who understand the complex issues and intricacies of entering foreign business environments. Our team has the experience and in-depth knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and SEC rules to offer effective solutions and guidance for our clients. MaloneBailey possesses the cultural, linguistic and technical expertise to ensure our Chinese clients experience the advantages of going public as it relates to increased valuation, access to U.S. capital markets, acquisitions, stock options and incentives with reduced cost and risk.
Accounting Services for Chinese Companies
- Accounting, audit, and tax services to the U.S. subsidiaries of Chinese companies
- Audits of Chinese subsidiaries of non-Chinese companies
- Initial audit for Chinese companies going public in the U.S. to become listed on the NASDAQ, New York Stock Exchange, or over-the-counter bulletin boards via an IPO or reverse merger
- Annual interim reviews and audit work for Chinese companies listed on the U.S. stock exchanges
- Ongoing general accounting consulting services for Chinese companies using SEC and U.S. GAAP expertise
- Tax compliance and consulting services to assist with unique foreign income tax reporting to the Internal Revenue Service and the state of incorporation
Advisory Services
- Monthly, quarterly and/or annual bookkeeping services
- On-site/In-house accounting consulting services
- Weekly, bi-weekly, semi-monthly and/or monthly payroll preparation
- Compiled financial statements, including comparative financial statements and comparative budget statements
- Financial analysis
- Financial consulting
George brings value to the table, not just compliance.
Michael Kang
CFO, Tsingda eEDU Corporation
Specialized service teams consist of experienced American and Chinese accountants. George Qin, Partner, leads the China Practice and is supported by managers and seniors, all of whom are fluent in Mandarin and English and spend several months of the year in China serving the needs of our clients.
MaloneBailey employs more than 20 accountants and auditors who possess the requisite skills in terms of language, technical, and cultural expertise to manage the intricacies of conducting accounting, audit and tax work in China and in the United States. Staff dedicated to serving the China Practice are natives of China and are educated and trained in the United States to be equipped with in-depth knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and U.S. Generally Accepted Accounting Standards (GAAS).
As a member of Nexia International, one of the largest global networks of accounting firms, we offer in-depth knowledge of local regulations, customs and culture to our clients abroad. With over 590 offices in over 100 countries and 20,600 personnel, MaloneBailey collaborates with its Nexia affiliates to provide cross-border solutions for our clients.