Victor and Truman, the two partners have been working in the accounting industry for more than 15 years, both of them are the associate members of the Chinese Institute of Certified Public Accountants (CICPA) and Institute of Chartered Accountants in England and Wales (ICAEW). The purpose they set up Victor & Truman, CPAs is to help more Small and Medium-sized Multinational companies to set up, grow and succeed in China. Their clients are mainly Wholly Foreign-owned Enterprises (WFOEs) who are across over 25 countries and areas. Both partners emphasize to maintain the client focus and have sight of the importance of being a friend and advisor, while upholding the ethics of the accounting profession.


Victor Tu   "Local action with global vision."

Victor has experience advising clients during all stages of business activity such as formation, operations and dispositions. As a co-founder of Victor & Truman, CPAs, He is responsible for overseeing compliance with regards to client tax reporting obligations.

A significant amount of Victor’s practice is in the area of Industry related to importation and exportation. His clients include the logistic operators, toys manufacturers, prebuilt house developers, clothing makers and other trade dealers from over 25 countries across the world.

Victor is a member of Chinese Institute of Certified Public Accountants and a tax faculty member of Institute of Chartered Accountants in England and Wales. He has over 15 years of experience in accounting and taxation, specializing in China, UK, US and HK tax codes as well as International Financial Reporting Standards, Business Management and Transfer Pricing.


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Truman Xu   "The numbers are important, but I really focus on the people, and on maximizing their use in the organization."

Before establishing Victor & Truman CPAs, Truman has spent 20 years in providing financial consulting and auditing for domestic and international businesses. He has expertise in business analysis, Internal Controls and international accounting standards (IASs). He has earned the designation of Certified Public Accountant (CPA) in China.

He is a non-executive director for some clients, who are the subsidiaries of company listed in London stock exchange or Singapore stock exchange market.

Truman is a graduate of the Zhejiang University Of Finance & Economics. He had two months training course in London organized by The Institute of Chartered Accountants in England and Wales. He is an ACA candidate of ICAEW.


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