Our Services
With an international reach and the ability to serve companies both local and abroad, KG CPA LLP proudly delivers audit, tax and consulting services to public and private companies, both small and mid-market. The firm is an established market leader in the delivery of audit services to publicly traded clients, with a substantial amount of U.S. listed registrants as clients, including NYSE, NASDAQ and OTC listed companies. Our team of experienced accounting professionals offers a range of services under AICPA, SEC, PCAOB, IRS and CPAB rules, as they apply.
KG CPA LLP, our commitment to deliver audit services to micro and small cap clients has enabled our practice to become one of the largest in the United States with continued growth. We are among the top firms in the world representing a substantial number of issuers, including NYSE, NASDAQ and OTC listed companies. We also provide tax and consulting services to publicly-traded companies.
“ KG CPA LLP has superior knowledge and understanding of the issues facing publicly traded companies.
Since switching to KG CPA LLP, we have received better advice and timely service at a far more reasonable price. ”
Clients’ comments
Guided by a passion for helping companies meet SEC compliance requirements, our methodologies are designed for SEC audit specialization. Through this approach, dedicated partners and staff achieve greater competencies and time efficiencies simultaneously. A distinct advantage to our clients is evident in our depth of experience and specialized SEC audit practice. We have extensive experience navigating the complexities of SEC compliance. Open and constructive communication with the SEC is complemented by our ability to identify and efficiently resolve issues. 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 SEC audit methodology facilitates our ability to serve clients as active business advisors while adhering to the rules of independence. Clients choose KG CPA LLP because we have successfully delivered unparalleled service through high levels of quality and efficiency. Our vision to change the way auditing and accounting are done for small-cap companies has, over time, translated into the reality that we deliver higher quality audits with the GAAP expertise our clients require and expect. We have developed methodologies, designed for SEC audit specialization, for delivering competent and cost-competitive small public company audits quickly that will withstand SEC scrutiny.
Public Company Services
• SEC and NASD regulated audited annual reporting and unaudited interim reporting for reporting companies (‘34 Act compliance)
• Registration statements and IPOs (‘33 Act and Regulation A compliance)
• Assistance with the planning process
• M & A financial due diligence
• Consultation on complex accounting issues
• Audit of employee stock purchase plans and similar savings plans (Form 11-K)
• Tax services
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.
Delivering an Integrated Approach to Client Service
KG CPA LLP provides an integrated approach to client service, offering a full gamut of accounting services to ensure clients are taken care of from beginning to end.
We conduct U.S. GAAP audits based on U.S. GAAS as well as IFRS audits based on the International Standards on Auditing (ISA). We have also developed a specialization for auditing U.S. subsidiaries of multinational companies. We provide audit reports to the auditors of parent companies using either U.S. GAAP or IFRS.
Relationships are the foundation of our private practice. The better we know your business, the better we are able to anticipate all your needs, whether they be related to audit or consulting.
The synergy within our private practice group results in a more proactive approach. It’s not just about the work we are asked to complete — it’s about being there year round to deliver interim work and to look after the best interest of privately-held companies.
Private Company Audit Services
• Attestation and Assurance
• Audits and Reviews
• Compilations
• Agreed Upon Procedures
Small Business Advisory Services
• On-site/In-house Accounting Consulting Services
• Financial Due Diligence and Accounting Integration for Mergers and Acquisitions
• Compiled Financial Statements
• Design and Improve Internal Controls Over Financial Reporting and Operations
• Financial Analysis
• Financial Consulting
Beyond the Numbers: Communicating What Numbers Mean to You and/or Your Business
KG CPA LLP delivers tax planning, compliance and consulting services to individuals and businesses, both privately-held and publicly-traded. Our tax service offering includes inbound international tax compliance and advisory services.
Strategic tax planning requires seasoned tax professionals who are equipped with knowledge of the ever changing tax rules and regulations, as well as industry requirements, that may affect you or your business. Our team of tax experts are available year-round, not just around deadlines, to provide advice on your tax needs. From making decisions on whether or not to invest in a new portfolio company to decisions on how to structure a merger or acquisition, our clients turn to us for our advice. As our clients also look to us to maximize tax benefits while mitigating tax risks, we proactively examine every available option before arriving at the final solution.
KG CPA LLP’s comprehensive tax service offering includes:
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
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
KG CPA LLP is a market leader in serving Chinese companies listed on U.S. stock exchanges (Nasdaq and NYSE). Our team of auditors based in Guangzhou possess the requisite skills in terms of language, technical, and cultural expertise to manage the intricacies of conducting audit work in China.
China Practice staff 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.
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. MaloneBailey collaborates with its Nexia affiliates to provide cross-border solutions for our clients.
Audit and Assurance Services for Chinese Companies (SEC Reporting & Compliance)
• Preparation of SEC reporting such as Form 10-K, Form 10-Q, Form 20F, Form S-1, Form 1-A, Form 1-K, 1-SA
• Preparation of U.S. GAAP financial statements
• Audit, accounting and consulting services for Chinese subsidiaries of U.S. 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, NYSE or OTC 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
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.