China nudges foreign auditors out
Jun 9, 2015
Don’t expect greater use of IFRS in China, expert warns
It might be too early for MNCs in China to assume more IFRS will be adopted.
On November 18, China’s Ministry of Finance (MoF) and the International Financial Reporting Standards (IFRS) Foundation jointly announced the establishment of a working group to further the use of IFRS in China, especially for internationally orientated Chinese companies.
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