A well-conducted audit can provide business owners with valuable information and assurance that statements are fairly presented. At Chenghui, we view the audit process as an opportunity for our clients to learn more about their businesses so they are better equipped to communicate with banks, investors and partners. We provide our clients with an objective presentation of their financial information as well as qualified advice and observations.

Experienced Auditing and Assurance Services

We are experienced at identifying opportunities and we have helped many clients take advantage of changing industry trends and legislation to grow their businesses. Our accounting and auditing teams are experienced, hands-on problem solvers who hold themselves to high levels of technical and performance standards. You can trust Chenghui to have the industry and technical knowledge to handle your company’s financial reporting and consulting needs. We will guide you through the accounting and auditing process, as well as keep you informed of the latest industry changes regarding audit and accounting issues, financial reporting, and corporate governance that may impact your business. Our accounting and auditing teams work collaboratively with our tax teams to bring value added solutions for your day-to-day business needs and important transactions. Our teams utilize the latest accounting practices and audit methodologies to assist you to stay compliant, manage risk, and improve your overall business performance.

International Financial Reporting Standards

Most foreign enterprises in China are also required to implement IFRS as their financial reporting standards by their overseas parent companies. For the next three years, the IASB’s schedule includes over thirty new projects, affecting almost all standards. Chenghui is able to offer audit and reporting services consistent with international accounting and financial reporting standards. In addition, financial statements prepared by companies in accordance with Chinese legislation are adjusted according to International Accounting Standards published by the International Accounting Standards Board and with the International Financial Reporting Standards within this context.

Our services include;

Auditing Services

●   Audit on financial statements according to Chinese GAAP

●   Audit on financial statements in accordance with IFRS or other national standards

●   Advice to clients on accounting, taxation and auditing issues

●   Advice to company directors on their statutory obligations and responsibilities

Special Audits and Reports

●    Company investigations on irregularities

●    Company valuation and due diligent audit

●    Internal audit and operational review

●    Special audit for acquisitions and mergers