Shanghai, China
Engaged in a large IPO project, audited 4 Hong Kong subsidiaries’ cash, bank deposit, short-term and long-term borrowings, SG&A, and non-operating income and expense, and prepared working papers Recognized and evaluated the risk of material misstatement, conducted substantive tests, including tests of details and cut-off tests; ensured the audited financial statements accurately reflect the company’s business performance and financial situation Communicated with the client and identified the cause of unreasonable percentage and unusual variance of SG&A by categories; understood the company’s accounting policy, and checked whether expenses were accrued in the correct accounting period to avoid expenses being overstated or underestimated
Analyzed the financial statements of 58 U.S listed companies related to the industry of technology, energy, pharmaceuticals, etc.; selected, tracked and updated 25 financial indexes via sources such as SEC filings, press releases, client conference calls, and Thomson One database Interpreted financial statements of 10+ prospective companies and prepared 5 research reports based on past and current performances, EPS and revenue estimates; analyzed market shares information of various regions and segment revenues of different divisions; provided investment recommendations to the portfolio manager Verified transaction amounts, commissions and accounts balance and discover 2 void accounts and 1 mismatch error
Audited 1000+ employees’ reimbursement applications to ensure they are complied with company’s financial policies and Code of Conduct as a part of internal control procedures Completed monthly online tax returns filing; issued Value Added Tax (VAT) invoices to 50+ clients and performed input VAT deductions; communicated and negotiated with District Municipal Tax Service government agency on foreign employees’ tax issues Initiated, wrote and edited the manual for new accounting interns and created PPT of high quality, which cut training period to 1 week
Mastered individual tax return filing skills and tax refund rules in 2 weeks; gained VITA/TCE Certification granted by IRS and Certificate of Merit awarded by New York State Assembly Identified client situations and accurately requested relevant supporting documents; helped 50+ low income clients to file their Federal and State income tax returns through tax filing system, including self-employment tax, capital gain, overseas assets declaration Determined eligibility for benefits to secure maximum tax refund for clients; consulted with clients to ensure understanding of amount owed to Federal or/and State government and amount to be received as a refund