Thornhill Capital LLC - consulting, financial, accounting, compliance, due diligence, risk management, translation and other services, B2B, USA, China.

Published on Oct 18, 2013 in Asia, China, Featured Articles, News, Spotlight

Thornhill Capital selected to perform due diligence

Thornhill Capital, one of the largest forensic due diligence organizations in China, was selected by a U.S. publicly traded Chinese company to review items outlined in an irregularity letter from the resigning audit firm. Thornhill was, as part of this assignment, required to independently verify and interview questionable suppliers and review bank information. Thornhill Capital successfully completed this assignment utilizing its in-country staff of forensic accountants and administrative staff.

Alan Refkin, Chairman and CEO of Thornhill Capital, noted: “This is the type of assignment that we’re well suited for and that we’ve successfully performed over the past decade. Chinese public companies who are serious about maintaining their listing and want to ensure financial compliance have increasingly asked us to examine historical transactions, as well as restructure and train their accounting department to establish and implement internal controls and corporate governance going forward.”

Thornhill Capital provides onsite due diligence; assistance with negotiations; expert witness testimony; financial reconstruction in compliance with IFRS, US GAAP, PRC GAAP, and Hong Kong GAAP; audit preparation and process management; internal control design and testing; reconciliation of Chinese tax reports to audited financial statements; bi-lingual CFOs; translation services; and a variety of other accounting, compliance, and administrative services for companies around the globe. A full list of services can be found at

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