CHINA’S ACCOUNTING PROFESSION WILL DEVELOP INTERNATIONAL PLAYERS, SAYS CHINESE INSTITUTE CHIEF
March 1st, 2011
BY MARK GODFREY
CHINA may soon add its own voice to a global accounting scene dominated by the big four, Chen Yugui, head of the Chinese Institute of Certified Public Accountants (CICPA) has told Accountancy Age. In an exclusive interview in Beijing, he explained: "Internationally and nationally we don't think it's a good phenomenon that the big four take a dominant position, as it will harm the sustainability of the profession." He added: "We don't want to see just a few accounting firms dominate...We want to see better competition, a competitive ...
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