Our Experience and Achievements

The global business landscape is being reshaped by transformational events and trends. Challenged by the rapid and dramatic changes in today's economic world, the companies need to deal with specific issues. And that means the financial and reporting environment is also being reshaped, resulting in significant challenges for management, boards, audit committees and auditors.
Around the world, the journey to success is governed by increasingly complex and broadening regulatory requirements and stakeholder demands. We provide a consistent audit methodology to create better audit evidence and enable us to analyse the context of the business' market environment and industry to determine how the key risks affect the financial results. Our professional services can deliver the high quality auditing perspectives to meet these demands by providing a timely and constructive feedback to management, a robust and clear perspective to audit committees, and transparent information for your stakeholders and investors.

We have assisted Tiaoho & Co. in registration with PCAOB to become the first Taiwan CPA firm to be certified for the qualification to provide audit services to US issuers in 2004.
The PCAOB conducted an inspection of Tiaoho & Co. in 2013 while we led the management team of Tiaoho & Co. The inspection includes assessing the degree of compliance with applicable requirements related to issuer audit engagements, and reviews of policies and procedures related to certain quality control process that could be expected to affect audit work quality. Upon completion of the review, PCAOB issued an inspection report and released to the public. The inspection report did not identify any audit performance issues that resulted in failing to obtain sufficient appropriate audit evidence to fulfill the objectives of the firm’s role in the engagement. In addition, the report also did not identify any quality control defect on the firm’s policies and procedures concerning audit performance, training, compliance with independence standards, client acceptance and retention, and establishment of policies and procedures.

Going public is a milestone in a company’s development. A company has high expectation for greater growth, for which financing is needed. Taiwan capital market, with high P/E ratio, high yield and high liquidity, is the best choice for IPOs. We helps companies transform from private entity to public enterprise, while also advising business leaders on how to execute strategic transactions to fund growth, accelerate innovation and internationalization, and gain access to new pools of capital. For a successful IPO, our highly trained professionals and ample experience guarantee a multidisciplinary service and reliable advice.
Our IPO and transaction readiness services enable us to guide private companies through the IPO and alternative transaction preparation process. Using an engaging framework, the process will foster strategic thinking, discussion around your business objectives, potential capital-raising strategies and the organizational change required to execute and sustain a successful IPO or alternative transaction. We have assisted Tien Liang BioTech Co., Ltd., Sun-Fund Securities Co., Ltd., and ChipMOS Technologies Inc, etc. to be successfully listed on Taiwan stock market.

A sound internal control system is an essential foundation for enterprise sustainability. It is a means by which an organization's resources are directed, monitored, and measured. It plays an important role in detecting and preventing fraud and protecting the organization's resources, both physical and intangible. We carry out the mandatory examination on clients’ internal control system for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
We provide consultation on the design, implementation and operation of internal control systems, focusing on the five COSO elements from the standpoint of overall risk management. By tailoring solutions to the scale and needs of the enterprise, we assist the client to establish the appropriate internal control processes, enhance the internal auditor function, and achieve an effective internal control system to minimize the control risks to the organization.

After the financial scams of ENRON and WorldCom in the United States, SOX Section 404 (Sarbanes-Oxley Act Section 404) mandates that all publicly-traded companies must establish internal controls and procedures for financial reporting and must document, test and maintain those controls and procedures to ensure their effectiveness. The objective of SOX Section 404 is to reduce the possibilities of corporate fraud by increasing the stringency of procedures and requirements for financial reporting.
Both the PCAOB and SEC guidance contain frameworks that involve applying specific risk factors to determine the scope and evidence required in the assessment of internal control. At each step, qualitative or quantitative risk factors are used to focus the scope of the SOX404 assessment effort and determine the evidence required. Management is required to document how it has interpreted and applied its frameworks to arrive at the scope of controls tested. In addition, the sufficiency of evidence required is based upon management and the auditor's assessment. We have provided the assurance service of compliance with SOX404 to ChipMOS Technologies and Tailin which are the Taiwan listed companies and also the significant subsidiaries of IMOS, the US issuer and listed in NASDAQ.

Transfer pricing is the pricing strategy applied to transfers among related parties of tangible and intangible assets and services, including intellectual property and all kinds of financial products and services. An improper investment structure and/or transaction model exposes the transactions with the cross-border related parties into unavoidable tax risk. Transfer pricing is one of the vital tax tasks for corporations in a global economy. As transfer pricing regulations and tax authorities’ requirements vary among jurisdictions, having full insight into government policies and trends in transfer pricing regulations will assist corporations with appropriate planning and preparation in advance to rationalize risks and costs.
Through a network of experienced professionals around the globe, we can provide you with high-quality services to address clients' needs from all aspects and provide constructive and insightful ideas and recommendations. We are dedicated to providing clients worldwide with effective transfer pricing services that address the significant facets of their business and develop the proactive and integrated strategies during your international expansion as well as inbound investments.