ASSOCIATES

Xin-Hua Mao, CPA

Mr. Mao speaks fluent Chinese and English and has 15 years of cross-cultural business experience in accounting, finance and auditing in China and the US. He is an expert at Chinese GAAP, US GAAP, IAS audits and reviews and at consulting on internal controls.

Mr. Mao is president and managing partner of Mao & Company, Inc, a rapidly growing organization located in Beijing, China. Formerly, he was employed in the Beijing office of Deloitte Touche Tohmatsu and in the Detroit office of Deloitte & Touche LLC.

Mr. Mao received an MBA from the University of International Business & Economics in Beijing and his credentials include licensure as a CPA in California and licensure as a CPA in China. He is a member of the AICPA and the Chinese CPA Institute and is a frequent contributor to both English and Chinese language professional finance and investment publications.

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John A. Demetrius, CPA

Mr. Demetrius has 30 years experience in audit engagements and client relations for commercial, manufacturing and service entities as well as expertise in the import/export arena for multinational corporations.

Prior to establishing Demetrius and Company, he worked as a CPA for Deloitte & Touche specializing in audit engagements for public utilities, banks, stockbrokers, mutual funds and defense contractors. Early in his career, he was an assistant auditor for New York Medical Center, where he oversaw financial record preparation for government contracts.

Mr. Demetrius received a BBA in Marketing from Pace University and a BS in Accounting from New York University. He is a licensed CPA in New York and New Jersey, a certified government financial manager and a qualified team captain for peer reviews of other CPA firms. His memberships have included the AICPA and the Ethics sub-committee, the NJSCPA where he was Chairman of its Peer Review Executive Committee, the Association of Government Accountants and the Intra-Governmental Audit Forum.

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Bernard Stubofsky, CPA

Mr. Stubofsky is expert in the area of audit engagements for government clients as well as public sector clients including the city of Peekskill, the New Jersey State Department of Human Services, the Jersey City Housing Authority, and the Passaic Housing Authority as well as private sector audits and filings with the SEC.

Formerly, Mr. Stubofsky worked for Clarence Rainess & Company CPA where he had audit responsibilities for manufacturing enterprises, insolvencies, nonprofit organizations and government services. Prior to that, he worked for Laventhol & Horwath where he directed pilot project audits of HUD, coordinated Medicare reimbursements for the Department of Hospitals New York City Health and Hospital Corporation and the Health Insurance Plan of New York. He directed audits for the US Department of Labor and for the City of New York Human Resources Administration.

Mr. Stubofsky received his accounting degree from Bernard Baruch College/CUNY and is a licensed CPA in New York, New Jersey and Maryland. He is a certified government financial manager and a qualified team captain for peer and quality reviews. His memberships have included the AICPA, NJSCPA, NYSSCPA, the NY Chapter of Association of Government Accountants where he was president and the Inter-Governmental Audit Forum-Region II where he was on the board of directors.

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