Loading...
Convergence of accounting standards: New PRC GAAP and its impact on financial reporting quality in the People's Republic of China
Yang, Yajing
Yang, Yajing
Citations
Altmetric:
Soloist
Composer
Publisher
Date
2013
Additional date(s)
2013-05-03
Abstract
The purpose of the research is to examine how convergence of Chinese accounting standards with international accounting standards affects financial reporting quality. In this paper, I analyzed the special business environment in China and explained how those special circumstances would hinder the process of convergence. Specifically, convergence of accounting standards does not mean convergence of accounting practices. I also discussed some major changes to the former PRC GAAP and attempted to answer how those major changes would impact financial reporting quality.
Contents
Subject
Subject(s)
Research Projects
Organizational Units
Journal Issue
Genre
Description
Format
Department
Accounting