Accounting

At Deborah E. Kim and Associates Inc., we assist companies to prepare the necessary financial statements and managerial report in accordance with GAAP (Generally Accepted Accounting Principles) for every month, quarter and yearly at the clients’ request. We will draw up your annual accounts but also look at your overall finance administration. We will make recommendations to help you improve your accounting processes and the way you do business.

We can support clients from setting up a new company throughout daily business administration:

• Financial statements

• Monthly and quarterly reports at the clients’ request

• Bookkeeping and management reporting that require accurate and on-time monthly reporting of management accounts

• Payroll from the registration of joiners and leavers to monthly processing and remittance of payroll taxes to the relevant authorities to year-end reporting to the Federal and State government

• Cash management and check signing

advisory service

Deborah E. Kim and Associates Inc., takes good care of legal, secretarial and administrative services for a large number of clients. Deborah E. Kim Associates Inc., maintains very good communication with other business groups that are handling associated work for the Client to ensure that the most comprehensive view is taken at the Client’s needs. Main areas of service are:

• Corporate finance

• Family business issues

• Internal audit

• Corporate contracts legal counsel

• Resolution of disputes arising from transaction

• Legal issues regarding mergers and acquisitions

• Immigration laws – citizenship and visa issues

 We assist clients in drafting and formalizing a variety of commercial agreements in both Korean and English.

Tax

Issues with taxation is one of most important aspects of managing the company and private sector and very costly. Without the expertise of Certified Public Accountants, companies can be confronted with problems with various tax officials and jeopardized a sustainable business.

Fortunately, most problems with taxation can be prevented by taking a proactive and cautionary approach. In this era of globalization, it is essential to seek professional expertise in tax laws and regulations specific to countries.

At Deborah E. Kim and Associates Inc., we have extensive experience in U.S.A and Korean tax laws and regulations to provide our clients with a comprehensive professional tax services and solutions to fit your needs.

• Individual income tax

• Corporate income tax

• LLC Tax

• Withholding Tax

• Check writing service

• Penalties for Late Tax Declaration

International Tax Service:

• Consultation for foreign investment in Korea.

• Advisory for The Tax Treaty

• Tax counseling for foreign companies entering local market in California.

Review & audit

With rapidly changing financial regulations, audit remains an important process to ensure trust and maintain ethical standards. Deborah E. Kim and Associates Inc., will check that your accounting and financial information maintains consistency and transparency. Our specialists will focus on your specific industry’s needs – your strategy, operations and finances – because we want to establish a long-term working relationship with you.

• Auditing for company closure and liquidation

• Auditing for special interests requested by officials

• Fraud detection audit

• Foreign accounting and auditing standards in accordance with regulations

• Internal audit of methods and techniques with support through education