It has never been more important to foster international business relationships...PYA can bridge the gaps, helping clients understand the tax implications, ensure compliance, and manage the many other issues that come with the territory.
Knoxville, TN (PRWEB) June 01, 2016
National certified public accounting and management consulting firm PYA is pleased to announce that it will provide international business advisory services for companies seeking to expand into American or Chinese markets.
With unique bi-cultural and bi-lingual backgrounds, PYA’s U.S.-China Business Advisory Services team will assist both inbound and outbound clients, advising them with regard to the intricacies of American and Chinese policies, raising capital, engaging in mergers and acquisitions (M&A) transactions, and navigating new markets.
“It has never been more important to foster international business relationships,” said PYA President Marty Brown. “Businesses in the U.S. and China are seeking to expand and grow their customer base by looking to international markets. However, there are challenges inherent to such expansion. PYA can bridge the gaps, helping clients understand the tax implications, ensure compliance, and manage the many other issues that come with the territory.”
Steven Gu, Director of U.S.-China Business Advisory Services, has advised clients on issues related to international business, including initial public offerings; mergers and acquisitions; private equity ventures; leverage buyouts; bankruptcy; due diligence; tax accounting, asset monetization, planning; research; compliance; and business strategy. Gu has worked within Big 4 and regional accounting firms where he helped facilitate the largest M&A transaction ($28.1 billion) in the telecommunication industry and the fifth largest bankruptcy restructuring deal in the U.S. Additionally, he provided outbound investment professional services for the largest Chinese state-owned petroleum company, hydropower company, and privately owned real estate company, as well as Hong Kong’s largest publicly traded medical equipment company.
According to Gu, “China is an emerging market, but many businesses find the regulatory environment difficult to navigate. Likewise, Chinese businesses must become accustomed to the operating environment in the U.S. Our PYA team can help businesses translate rules and regulations and develop a strategic approach that acclimates them to the cultural, political, economic, and legal aspects of doing business abroad.”
Raised in China, Gu has played a critical role in brokering effective communication between international firms, clients, companies, and government agencies through his additional involvement as a board member of the National Association of Chinese Americans and as part of the planning committee for Atlanta Mayor Kasim Reed’s first China Trade Mission. Gu also has been named one of the 25 Most Influential Asian-Americans in Georgia by the Georgia Asian Times.
PYA’s U.S.-China Business Advisory team provides services for industrial markets, manufacturing and technology, financial services, infrastructure, government, healthcare, consumer markets, private equity, and media and telecommunications industries. PYA is ready to help clients implement cross-border investment strategies and navigate their associated risks, offering services that include market entry strategy, location studies, investment and holding structuring, tax planning and compliance, supply chain management, M&A advisory, and post-deal integration.
For over three decades, PYA (Pershing Yoakley & Associates, P.C.), a national professional services firm providing management consulting and accounting, has helped its clients navigate and derive value amid complex challenges related to regulatory compliance, mergers and acquisitions, governance, business valuations and fair market value assessments, multi-unit business and clinical integrations, best practices, tax and assurance, business analysis, and operations optimization.
PYA’s steadfast commitment to an unwavering client-centric culture has served the firm’s clients well. PYA is now ranked by Modern Healthcare as the 9th largest privately owned healthcare consulting firm in the US. PYA is also ranked 103rd by INSIDE Public Accounting’s “Top 200” Largest Accounting Firms. PYA affiliate companies offer clients world-class data analytics, professional real estate development and advisory resources, comprehensive claims audits for self-insured Fortune 500 companies, wealth management and retirement plan administration, and business transitions consulting.
PYA is headquartered in Knoxville, Tennessee. For more information, please visit http://www.pyapc.com.