AI & Robotics
Bundled hardware and software revenue, development cost capitalisation, and project-level margin.
Chinese Certified Public Accountant
China Investment Due Diligence & Financial Advisory
I help international businesses, investors and multinational corporations understand financial information, assess business risks and make informed decisions involving China.
Over 10 years in audit at Deloitte China, now an Audit Partner at a domestic Chinese accounting firm. My work covers financial due diligence, independent financial advisory, and cross-border audit and reporting support.
Where I work
Biotech & Medtech
Registration-driven revenue, clinical milestone costs, hospital consignment and long receivable cycles.
Advanced Manufacturing
Gross margin sustainability, capacity and capital commitments, supplier concentration and FX.
Hong Kong & Macau
Holding structures, dividend routes, listing structures, and cross-border service charges.
Recent writing
Financial Due Diligence in China: A Four-Part Framework
Revenue, related parties, cost of sales and operating expenses — the four areas that decide the number.
A China Component Audit: How the Timeline Is Actually Set
The confirmation cycle, inventory counts, cut-off testing and the local filing calendar — where the plan should start.
CAS vs IFRS: The Gaps That Actually Move Your Consolidation
Chinese standards are largely converged with IFRS. The remaining differences are few, and each one is specific.
Common questions
What does China financial due diligence cover?
Four areas decide the number: whether revenue is repeatable, whether related party transactions survive closing, whether cost of sales supports the reported gross margin, and whether the operating cost base is complete. The output is a normalised EBITDA, a net debt figure, a working capital peg and a risk register.
How long does a China due diligence take?
Four to six weeks for a mid-market target is typical, and the constraint is usually access to source records rather than analysis. Payroll, bank statements, tax filings and contracts need to be produced in a form that ties to the ledger, which is why the data request is settled in the first week.
Who can act as the auditor of a Chinese subsidiary?
Statutory audits of domestic entities are performed by a firm registered in China. For a foreign parent, the practical arrangement is a component audit performed by a China-registered firm and reviewed by the group auditor, with the group auditor's instructions and materiality applied.
How different are Chinese accounting standards from IFRS?
Chinese Accounting Standards are substantially converged with IFRS and follow the same framework for most transactions. The differences that still move a consolidation are specific — for example how impairment reversals, common control combinations and related party disclosures are treated — and they are identified by reading the accounting policies rather than by assuming a broad divergence.
Get in touch
Whether you are evaluating a business, considering an investment, or addressing a complex financial matter in China, feel free to get in touch by email for an initial discussion.
Email: huiwu233@gmail.com