By converting your firm’s financial statements prepared in accordance with the generally accepted accounting principles in China (Chinese GAAP) into the ones in accordance with the U.S. GAAP, you will benefit from crossing the first and critical step to open to the U.S. market. Our accounting professionals have thorough understanding of culture and operational differences between American and Chinese firms. The oriental backgrounds as well as the local knowledge proficiently assist you connecting to the world.

Whether you are looking to achieve growth through acquisitions, reverse merger, or Initial Public Offering (IPO) in the United States, Dragon Professional Services, LLC (Dragon) will provide you high-quality financial statements conversion services, which is the very first and critical step to the U.S. capital markets. There are significant differences between the generally accepted accounting principles in China (Chinese GAAP) and the generally accepted accounting principles in the United States (U.S. GAAP). With Dragon’s professional financial statements conversion services, your financial statements prepared in accordance with Chinese GAAP will be converted to the financial statements that are in compliance with U.S. GAAP in terms of both quantitative and qualitative perspective. Accordingly, your engaged independent auditors will approve your financial statements in a shorter period due to less proposed auditing adjustments. You will benefit from the faster issue of the independent auditor’s reports. Our professional team has former Big Four firm experience and practical insights, as well as practical Chinese accounting background. With our dual familiarity of both U.S. and Chinese company’s operations and cultures, we know how to streamline the conversion process. More importantly, we are experienced in working closely with your engaged independent auditors. With the advantage of our location, we can communicate with your auditors frequently and timely. As a result, you will enjoy the seamless financial consulting and audit services, which is ground for your company to be listed on the U.S. capital markets.