NY Landing Lesson 2: U.S. Expert Accounting Services - Ensuring Financial Compliance and Success

i2i continues to push forward the "IP2 Scale Out Program Accelerator," helping promising Taiwanese startups expand into the U.S. market.

After hosting an on-site training session at the Nangang Software Incubator Center, i2i led ten teams to New York for a month-long immersive landing program. The second lesson took place on May 28.

Lesson 2: U.S. Expert Accounting Services - Ensuring Financial Compliance and Success

Speakers: Mentors from Shay CPA P.C. & Geng & Associates, P. C.

Representatives from two leading U.S. accounting firms, with extensive experience in the American accounting industry, provided startups with accounting and tax services to help them establish a solid financial foundation in the U.S. market.

Course Highlights

Basic Accounting Principles

This session introduced essential accounting concepts to help startups understand the structure and content of U.S. financial statements. Topics included the preparation and interpretation of balance sheets, income statements, and cash flow statements, allowing businesses to effectively manage their financial performance.

Unique U.S. Tax Regulations

The session covered the U.S. tax environment, with a focus on complying with federal and state tax laws and filing requirements. The mentors highlighted key tax obligations, helping entrepreneurs reduce tax-related risks.

Financial Health and Compliance

The lesson emphasized how startups can manage their finances effectively while ensuring compliance with U.S. regulations, fostering strong financial health. The mentors also shared success stories, demonstrating how startups can establish efficient financial management processes for long-term success in the U.S. market.