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Many of the jurisdictions base their audit requirement on the size of the company. No matter where your business is set up, maintaining comprehensive accounting records is vital to not only the efficient management of the business, but also to ensure that your regulatory filings are up to date. Our accounting team stands ready to assist you with the complete record keeping that your company needs, allowing you to focus on the vital operational aspects of the business. Santos suspects that today’s racial tension is partially a result of lagging economic conditions. “Many Caucasian Americans have been displaced in their work, and I think sometimes they think their jobs and opportunities were taken from them by a minority. I think that idea was encouraged by the previous presidential administration, and society has become really divided,” Santos says.
Of course, not all tension is born of anger—some arises from a simple lack of cultural understanding. During a regional audit, a client mentioned their surprise at Adelfia’s diverse team’s command of English. “We explained to them that in the Philippines, from elementary school until college, our medium of instruction is English,” Santos laughs. As a child, Chow remembers being embarrassed by her parents’ Chinese accent.
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Santos’ approach in fraught situations is to recognize that it is common for people to have a reaction to someone different from themselves. “When you feel as though your skills or abilities are being underestimated because of your heritage, try not to let those reactions make you feel like less of a person. Prove them wrong by communicating what you know and getting the job done.
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Our accounting services extend to management accounts which allow timely reporting to head office as well as up to the minute information to allow you to make fully informed decisions about your business. Needless to say, as your business expands and becomes more complicated, comprehensive accounting records are essential. Not to mention that on your ultimate exit from the business, the first thing that any prospective suitor wants to see is the accounts. We provide financial due diligence and forensic accounting services for overseas investors and companies seeking to invest in China. And we offer comprehensive services to Chinese companies and individuals for overseas expansion, including M&A, global tax, capital verification, financial due diligence, real estate, and EB-5 investment services. MarcumAsia is a top-ranked provider of SEC audit, accounting, and consulting services to Chinese companies listed in the U.S. capital markets.
Conference Theme: Impact of COVID-19 on Accounting and Finance
For further guidance please refer to ourresearch and publishing ethics guidelines. For an example on how to cite datasets, please refer to the references section below. The National Asian American Society of Accountants (NAASA; formerly known as Asian American Society of CPAs) was formed and incorporated with NYS (and filed IRS 501 status) in late 2004. NAASA aims to be the premier professional association for enhancing the https://kelleysbookkeeping.com/ presence and influence of Asian American in the accounting and finance professions. The Asian Journal of Accounting Research provides a forum for international researchers to publish original articles of high-quality research findings which contribute to academic literature and practice. AJAR welcomes a wide range of methodologies in all aspects of accounting and finance in developing countries, with a majority in Asia.
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This case was prepared by Zakiah Muhammaddun Mohamed, Aini Aman, Noradiva Hamzah, and Sofiah Md. Auzair of Universiti Kebangsaan Malaysia, as a basis for class discussion and is not trying to evaluate the effectiveness of particular business practices and management decisions. Being Your Partner,Winson Asiaminimizes your burden on administrative, accounting, taxation and statutory issues which are costly and time-consuming if handled by yourselves.
Santos is conscious that sometimes she also makes assumptions about others, relating an instance where she approached a client because she felt their tone was undermining her work. That moment opened my mind, because I realized I was reading too much into what she had said,” Santos shares. More importantly, Santos advises approaching these situations openly and with empathy. “Sometimes their reactions or comments are due to a lack of awareness. Share with them stories of where you came from, how you were educated, and the experience you have gained.
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