Comprehensive Service Offering for Chinese Companies Operating in the US
Our clients understand the importance of selecting advisors who understand the complex issues and intricacies of entering foreign business environments. A dedicated team of auditors and tax professionals serve Chinese companies that are investing and setting up operations in the United States. Chinese Service Team members possess the requisite skills in terms of language, technical, and cultural expertise. KG CPA LLP’s comprehensive service offering provides a full set of solutions in the areas of audit, tax, and consulting (see below).

Members of the Chinese Service Team are natives of China and most are educated and trained in the United States to be equipped with in-depth knowledge of U.S. Generally Accepted Accounting Principles (GAAP), U.S. Generally Accepted Accounting Standards (GAAS), International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), SEC rules, IRS rules and more.


Audit Services for Chinese Companies (Privately-Held)
• Attestation and Assurance
• Audits
• U.S. GAAP audit based on U.S. GAAS
• IFRS audit based on International Standards on Auditing
• Audits of U.S. subsidiaries of Chinese companies using either U.S. GAAP or IFRS
• Reviews
• Compilations
• Agreed Upon Procedures
Advisory Services
• On-site/In-house accounting consulting services
• Compiled financial statements
• Financial analysis
• Financial consulting
• Financial due diligence for M&A activities

Business Tax Services:
• Federal and state tax filing requirements
• Tax provision preparation and support
• International tax compliance and foreign financial asset reporting
• Tax consulting services and special projects
• Strategic tax planning
• Merger and acquisition tax services
• IRS audit representation and penalty abatement

Individual Tax Services:
• Federal and state tax filing requirements
• High net worth individual tax planning
• International tax compliance and foreign financial asset reporting
• IRS audit representation and penalty abatement


IFRS Audit Services


Worldwide Momentum for IFRS
International Financial Reporting Standards (IFRS) refers to a single set of accounting standards for the preparation of public company financial statements. IFRS is now mandated for use by more than 100 countries and offers investors the ability to compare the financial performance of publicly listed companies with that of their international peers.
KG CPA PA offers extensive experience in auditing financial statements in accordance with IFRS as well reviewing the U.S. GAAP to IFRS conversion of financials for clients. We remain current on the constant evolution of IFRS and welcome a conversation to discuss the impact of such standards on a company’s operations.


Over the years, I have studied the evolution of IFRS. I have first-hand experience serving U.S. subsidiaries of foreign companies and working closely with parent company auditors. For us, it’s routine work and our experience in this area is expansive.


Keith Zhen Audit Partner
We take pride in combining our responsive problem-solving capabilities with a proactive approach to render a smooth and positive client experience. The efficiency and integrity inherent in our audit methodology facilitates our ability to serve clients as active business advisors while adhering to the rules of independence.
Clients choose KG CPA PA because we have successfully delivered unparalleled service through high levels of quality and efficiency.