Tommy Shek, CPA
Partner, Accounting & Advisory Services/Accounting & Advisory Services
Area of Focus:
Tommy Shek is the accounting and advisory lead partner and founder at TAAD LLP. His primary area of focus has been financial statement audit and advising clients on US GAAP and SEC reporting requirements for public companies. He extensive experience in handling complex accounting treatments such as stock-based compensation (ASC 718), derivative accounting (ASC 815), convertible debts and warrants (ASC 470 & ASC 480), revenue recognition (ASC 606), and mergers & acquisitions (ASC 805). Beyond his knowledge of SEC financial reporting, he advises clients on initial public offerings, public offerings of debt and capital raises through debt, and equity transactions processes.
Business Experience:
Prior to joining TAAD LLP, Tommy was at RSM US LLP, the fifth largest accounting firm in the U.S, and gained significant experience in providing audit services as an audit manager to enterprises with up to $700 million in revenue for both public trading and privately held companies. He has served clients in a variety of industries, including manufacturing and distribution, consumer & industrial products, SAAS, and e-commerce.
Tommy has diverse corporate and controller experience in the distribution and social media industry where he led a team of 15 people. Moreover, he has oversaw the accounting policies and procedures, financial reporting, inventory controls, annual operating plans, budgets, and cash forecast, etc.
Furthermore, Tommy has significant experience working with foreign companies listed on the US markets, which include companies from China, Europe, Hong Kong, and Canada. He also provides advisory services to both domestic and foreign companies seeking to complete a going public transactions and secondary public offerings in the US.
Education and Professional Credentials:
- Certified Public Accountant, California
- Bachelor of Arts in Business Administration, Accounting Concentration, California State University, Fullerton
Other:
- Fluent in English, Mandarin, and Cantonese