Global CPA is committed to assisting foreign companies in navigating the increasingly complex and strict accounting principles in China. We ensure that foreign-owned organizations remain in compliance with China's Generally Accepted Accounting Principles (GAAP), Generally Accepted Accounting Principles of the United States, and International Financial Reporting Standards (IFRS), depending on the client's legislative requirements.
Our team of accountants has extensive local and international expertise, providing expert knowledge on a vast range of country-specific GAAP issues in China. With years of experience in the country, we understand the complexities of the financial system in each country and keep your firm's accounting practices in compliance with rapidly evolving accounting systems, allowing you to focus on your firm's business strategies.
Global CPA's financial and accountancy services include:
Preparation of accounting and financial reports in accordance with international standards, including IAS and GAAP:
We ensure that your financial and accounting reports comply with international standards and regulations, including IAS and GAAP. Our accountants are equipped with up-to-date knowledge of accounting standards, ensuring that your financial reports are accurate, reliable and relevant to stakeholders.
Preparation of financial, accounting work and consulting reports in compliance with relevant Chinese laws and regulations:
We assist foreign companies in preparing financial and accounting reports that comply with relevant Chinese laws and regulations. Our team of experts is well-versed in Chinese accounting standards and regulations, ensuring that your financial and accounting reports are accurate, reliable and compliant with local laws and regulations.
Formulation of rules, regulations, and systems of accounting and management:
We assist foreign companies in formulating rules, regulations, and systems of accounting and management that are in compliance with local laws and regulations. Our team of experts has extensive experience in designing and implementing accounting and management systems that are tailored to the specific needs of our clients.
Financial planning and analysis:
We provide financial planning and analysis services to help foreign companies achieve their financial goals. Our team of experts can assist you in preparing financial plans, analyzing financial performance, and providing recommendations to improve financial performance.
Payroll and social welfare supporting services:
We provide payroll and social welfare supporting services to ensure that your employees are paid accurately and on time. Our team of experts is well-versed in local payroll and social welfare regulations, ensuring that your payroll and social welfare practices are compliant with local laws and regulations.
Arrangement of auditing services on behalf of the foreign enterprises:
We assist foreign companies in arranging auditing services on their behalf. Our team of experts can provide recommendations for audit firms and assist in coordinating the audit process.
In summary, Global CPA's financial and accountancy services provide foreign companies with the expertise and support needed to navigate complex accounting and financial regulations in China. Our team of experts is well-versed in local laws and regulations, ensuring that your financial and accounting practices are compliant and in line with your business goals.