Chinese Accounting Standards

China as the largest emerging economy in the world began its accountingreforms in the early 1990s. It is not known however whether its accountingreforms intended to harmonize with the International Accounting Standard(IAS now known as IFRS) have been successful and what the impact of thereform on Chinese listed firms is. This book empirically assessed the statusand progress of the harmonization of Chinese GAAPs with IFRS and whetherChinese listed firms' accounting practices has been improved with theharmonization of accounting standards. The findings of this study shouldbenefit international and national accounting standard setters capital marketregulators accounting researchers with interests in accounting standardsetting and implementation as well as accounting practitioners with globalbusiness especially business in China by helping them understand somefundamental harmonization issues relevant to China.