TITLE

More Thoughts on China

AUTHOR(S)
Karlgaard, Rich
PUB. DATE
May 2007
SOURCE
Forbes Asia;5/21/2007, Vol. 3 Issue 9, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the threats posed by corruption and the lack of accounting standards to the economy of China. China has about 75,000 practicing certified public accountants, but it needs 300,000. To address this problem Chinas National Accounting Institute has been set up to train accountants. But, as Forbes accounting expert Elizabeth MacDonald says, progress is slow. The main reason, she thinks, is cultural.
ACCESSION #
25257193

 

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