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Accounting

Our Accounting team has extensive experience and knowledge to ensure an optimal blend of in-house and outsourced accounting functions. As your needs increase, decrease, or change in complexity, we change with your business.

Difficult economic conditions, heightened shareholder scrutiny and changing Chinese regulations put pressure on executive management and audit committees to improve risk management. As a result, roles of internal audits are clearly evolving and becoming more consultative. NCO is able to provide internal auditing services that address the rising standard of financial reporting requirements.

Our Accounting Services include:
  • Set-up of bookkeeping and accounting system to satisfy Chinese regulatory requirements
  • Bookkeeping and accounting services for Representative Office, Wholly Foreign Owned Enterprises (WFOE) and Joint Ventures (JV) in China
  • Cash control through bank reconciliation and invoice management
  • Financial reporting as required by parent company and Chinese authorities
  • Assistance with audits and annual inspection for business license renewal
  • Training for newly hired in-house accounting staff
  • Various reports required by the Chinese authorities
  • Due diligence and background check activities, for M&A, financial and legal research, to obtain information about companies and business partners
  • Internal financial system, evaluation and consulting