Audit Service

U.S. Individual Income Tax Part 3 How to Read and Understand Form W-2?

U.S. Individual Income Tax Part 3 How to Read and Understand Form W-2? When you prepare your U.S. individual income tax return (Form 1040), the first line you should fill out is “Wages, salaries, tips, etc.”. And it requires you to attach the Form W-2. What is form W-2 and how to read and understand the W-2? This article will give a brief guideline.   Form W-2 is the annual “Wage and Tax Statement” that reports your taxable income from an employer to you and to the IRS. If you worked as an employee (part-time or full-time) in a tax year, your employer must give you a Form W-2, Wage and Tax Statement. Employers must mail or hand-deliver your Form W-2 to you no later than January. 31 for the previous tax year Basic Information   This part lists your employer’s basic information (e.g. EIN, name and address) and your […]

Audit and Assurance Services

Statutory Audit Statutory Audit is a kind of compulsory auditing required by law of the jurisdiction where a company is registered. For example, the Chinese company law requires that a foreign invested enterprise should engage a firm of practising accountants in China to perform an audit of its annual financial reports. Also, in accordance with Hong Kong “Companies Ordinance”, a company limited shares registered in Hong Kong shall appoint Certified Public Accountants to conduct auditing every year. The auditor shall conduct auditing on the profit and loss statement, balance sheet, and relevant receipts according to the auditing standards. They shall also comment on whether the accounting system formulated by the enterprise complies with the GAAP and its effectiveness in the actual application process. Guided by the principle of independence, the audit team of Kaizen provides annual auditor’s reports that meet the auditing standards for the enterprise, and provides audit opinions […]

Our Taiwan Audit Services

According to the Taiwan Company Law, when the Taiwan company have a certain business scale, they will have a certain impact on overall society. Therefore, the company with certain business scale shall engage a Certified Public Accountant (CPA) to perform the audit and certification of financial statements. By going through the auditing and the certification of the financial statements will support the quality of the accounting information and increase the credibility of the financial statements. Guided by the principle of independence, Kaizen Accounting Firm provides audit reports that meet the auditing standards issued by the Taiwan Certified Public Accountants Associations and provides audit opinions on the authenticity and equity of financial statements and accounting records, as well as the consistency of accounting process. Kaizen can provide management proposal in which to list out the existing critical problems, with improvement plan, references and suggestions, if required. Kaizen could provide our clients […]

Our Singapore Statutory Audit and Assurance Services

Statutory Audit Statutory audit is one of Kaizen’s main professional activities. Our highly experienced audit team strive to ensure that our clients’ financial statements meet the regulatory and business requirements under which they function. Audit is not only about control procedure or statutory obligation. Audit provide you with updated insight about the potential threats or opportunities of your business. Our extensive industry knowledge and expertise allows us to provide sound commercial advice and recommendations to you to deal with such threats and/or opportunities identified. Our auditing techniques specifically modified for Singapore Financial Reporting Standards and Companies Acts requirements. We endeavor to gain better understanding of clients’ policies and procedures, tailored our audit approach to the unique aspects of our clients’ businesses with an ultimate aim to provide the most effective, cost efficient and most importantly a reliable audit services. Special Audit Beside statutory audit, we offer a comprehensive range of […]

Our US Auditing Services

A financial audit is conducted to provide an opinion whether financial statements are stated in accordance with specified criteria. The Securities and Exchange Commission requires that all entities that are publicly held must file annual reports with it that are audited. In accordance with the US GAAP, auditors must release an opinion of the overall financial statements in the auditor’s report. Kaizen is committed to the public interest. We have a team of professional auditors who seek to challenge assumptions and unlock valuable insights based on a thorough understanding of an entity’s business and industry, and innovative audit methodologies and approaches. Kaizen’s financial statement audit services comprise three main distinctive levels of assurance depending on your business requirements. Audits and Assurance An audit is a methodical review and objective examination of the financial statements, including the verification of specific information as determined by the auditor or as established by general […]