ABSTRACT

The rush of entrepreneurial activity in China has been watched with interest by the financial world. This book, the result of an international symposium on Chinese accounting and financial management, assesses the little-known accounting scene in China which up until 1978 remained behind closed doors.

Divided into four sections, the volume covers:

  • Chinese perspectives on accounting
  • the business and financial structure of China, including the re-emergence of a Chinese stock market
  • the regulatory framework of accounting in China and comparisons with international accounting standards;
  • the impact of current reforms in Chinese accounting practice
  • the emergence of a new accounting profession in China.

The concluding chapter provides an overview of the cultural context of the reforms which took place in the 1990s. By using comparisons with other Asian countries’ accounting systems, like Taiwan, the contributors to the volume give an analysis of the state of accountancy in China during the 1990s.

part I|37 pages

Introduction

chapter 2|15 pages

Accounting in China

Developments and opportunities

part II|98 pages

Business and financial structure

chapter 4|19 pages

Corporate investment in China

More problems than solutions?

chapter 5|10 pages

Chinese and Western stock markets

International influences and development

part III|90 pages

Developments in accounting regulation

part IV|56 pages

Developments in accounting practice

chapter 13|10 pages

Accounting research in China

chapter 14|15 pages

The trend of accounting reform in China

Issues and environment

chapter 15|22 pages

Chinese accounting reform

Reasons and effects

part V|61 pages

Developments in the accounting profession

chapter 16|12 pages

China's CPA examination

Preparing for the expanding profession

chapter 17|20 pages

Accounting education and practice in China

Perceived problems and solutions

chapter 18|27 pages

The auditing system in China and the UK

A critical comparison

part VI|22 pages

An overview

chapter 19|20 pages

Accounting in China

A case of vanishing cultural influence