Our services
Assurance
Our Assurance Services team provides a full range of assurance services, including financial audit, review, and agreed-upon procedures. Especially, our team specializes in US GAAP/IFRS/K-GAAP based financial audit and accounting services for global clients located in the U.S. and Korea.
We understand that having an audit firm that is experienced, committed to communication, and conducts high quality service is important to clients. In this regard, we design our audit engagement team, and related service approach, in a manner that we believe will best serve the needs of our clients. Our hands-on, face-to-face candid approach to client interaction guarantees our clients the kind of responsive and personal service they deserve, both locally, and globally. We have built our reputation on providing high quality value-added services with superior technical capabilities.
Especially, all of our Korean practice assurance services team partners have at least over ten years of experiences in working at accounting firms in the U.S., as well as in Korea, including “Big-four” accounting firms in both countries. We provide an in-depth understanding of Korean subsidiaries in the U.S. and apply both countries’ best practices efficiently to our clients.
Accounting
In business, the best language is accounting. Well prepared accounting numbers are vital for an efficient audit or tax engagement and management decision. The accounting numbers are more than a financial marker of past performance but they often provide key indicators of your future directions. With accounting knowledge and experiences of both US GAAP and IFRS, we take pride in helping your business reach your planned destination.
Regardless of your industry or the size of your business, we can provide accounting and personnel support to your organization that will help you gain clarity on your financial situation and efficiencies in your day-to-day accounting operations. Our comprehensive services, such as financial statement preparation, monthly and quarterly reviews, on-site accounting assistance, controllership services and property, sales, and payroll tax services are provided by qualified accounting professionals who are extraordinarily committed to helping you understand the value of your numbers.
We are experienced in dealing with the audit process from the perspective of the client. JLK-Yoonsung can assist your staff as you respond to your independent auditors. We can provide qualified personnel to help you with the preparation of schedules and analyses, assistance in responding to auditor’s inquiries in addition to functioning as the interface with your auditors, and assisting with the drafting of financial statements with full disclosures/footnotes.
Tax
Businesses need to be able to rely on their accounting firm throughout the entire business lifecycle – from inception through early-stage development, growth, expansion, and exit strategy. We provide knowledgeable advice, a proactive approach, and a focus on tax minimization through the business lifecycle. Experienced advice is more important for cross-border businesses.
JLK-Yoonsung clients benefit from our knowledge, services, and our proactive approach. While these are all important, we’ve found that what often sets us apart is our accessibility and our practical communications from top management. Our tax accountants and consultants are available and responsive and can speak your language when conveying complex tax and advisory information.
In addition to regular compliance and our proactive planning, we provide services that relate to specific, time-sensitive opportunities such as entity selection, merger and acquisition planning, business reorganization, accounting methods change and transfer pricing.
Our services include Accounting and Reporting for Income Taxes, Tax Controversies, International Taxation, Tax Compliance and Operations, State and Local Taxation, Transfer Pricing Study, Research Credit and Other Tax Incentives.
Financial advisory
M&A Advisory
Our team is highly experienced and we have advised on over 100 transactions in various sectors. Our professionals help you to identify the best strategic planning, and guide you to go through complex mergers and acquisitions opportunities from both buy-side and sell-side. We provide a highly effective client-led service, ensuring maximum value through our professionalism, experience and dedication.
Transaction Services
We approach transactions collaboratively, working hard to get the best strategic decision, advising clients in every phase of due diligence and valuation processes utilizing our expertise in local and cross-boarder transactions. Our clients include companies in various industry such as retail, manufacturing, construction, real estate, technology, media and entertainment.
Forensic Accounting
Our team of industry leading professionals help manage and maximize the value of business contracts, resolve disputes with business partners and minimize overcharges. We bring together local industry knowledge, language and culture to help companies optimize revenues, capitalize on and protect valuable intellectual property , and manage third-party compliance risks.