The firm was established in Los Angeles in 1972 as the first CPA firm founded by Chinese immigrants in the United States. Since its establishment, the firm had further reorganized to expand services and geographic reach. After naming the firm Chen & Fan Accountancy Corporation in 1992 in view of expanding its service areas and increasing its partnership and professional staff, it opened a branch office in the San Jose/Silicon valley area in Northern California. In 1997, it also established a branch office in San Diego to extend locational reach to the Mexican border. Although its service area is focused in northern, central and southern California, the firm also serves clients located in many other states throughout the U.S.
Currently the firm has nine partners and scores of professional staff. The head and branch offices are served by various partners. The professional staff of the entire firm can be mobilized strategically to meet the needs of its clients in providing quality professional accounting, auditing, taxation and financial consulting services.
The partners of the firm have extensive backgrounds in practice gained through employment with Chen & Fan, as well as their former involvement with international organizations. The firm’s clientele includes multinational companies, manufacturers, distributors, banks, professional firms, construction contractors, importers/exporters, R&D centers, individuals, and many others. Having knowledge of SEC requirements and experience in assisting companies to go public, Chen & Fan also provides auditing, international tax planning, financial consulting services to a number of clients who are public companies in Asia.