Growth by Mergers, Taiwan IPO Market and Unreliable Financial Statements

Cheng & Co Chartered Accountants Managing Partner, Dr Chua Hock Hoo, discusses:

- Strategy of growth via mergers and acquisition - challenges - staffing - funding;
- Managing growth;
- Growing and maintaining work culture - vision;
- USPs -- Big 6 firms and local firms - STRATEGY;
- Services - issues - full range business services – ‘Halal Consulting’ and ‘Document Warehousing’ - ISSUES - - DETAILS;
- Halal Consulting;
- IPO Market - Taiwan;
- Pros: Velocity - Access to China - Govt compliance - Retail participation - depth - capitalisation - investor expertise - 'SPOs' - continuous / ongoing visibility; 
- Challenges: Mandarin language - distance - Internal Audit regulations; 
- Taiwan IPO pipeline - regional; 
- Regional Audit firm: ongoing CG challenges - unreliable financial statements; 
- Silver Bird - G Plus - Megan - regulatory oversight - enforcement; 
- Culpability of advisors - views.