Accounting & Bookkeeping

Although there have been advancements in establishing international accounting standards, measures still vary greatly from country to country and Asia is no exception. Dezan Shira & Associates will help your company navigate increasing stricter accounting principles and make sure your organization remains 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 your organization’s structure. Taking advantage of our local and international expertise, our team of accountants is able to provide expert knowledge on a vast range of country-specific GAAP issues in China, India and Vietnam. With years of experience in these countries, 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, letting you concentrate on your firm’s business strategies.

Getting and retaining reliable finance staff can get in a developing market can be difficult. Historically high turnover rates causes firms, especially ones who are recently established, suffer from skills gaps and shortages, potentially affecting the quality and reliability of their financial statements. We have dedicated staff whom you can outsource your financial accounting and bookkeeping services to whether your business is purely local or multi-national. While other firms will only perform regular bookkeeping services to comply with laws and regulations, we will closely with your firm to keep your financials accurate as your business grows. Our accounting team can provide a wide array of services including vouchers, general ledgers and monthly reports depending on your individual requirements. We pride ourselves on being an integral part with our clients' business success by providing management with key accounting information so that can make better informed decisions.

We can assist with:

• General Bookkeeping
• Accounting System Setup and Training
• Accounting Maintenance
• Annual Compliance Services
• Tax Reporting
• Financial Report Reconcilation
• Treasury and Fund Administration
  
  All services can be delivered according to Chinese GAAP, US GAAP and IFRS standards.

For more information about bookkeeping and accounting in China, please contact Dezan Shira & Associates.