The accounting industry in China is highly fragmented. It is estimated that there are around 60,000 CPAs working at over 4,000 (mostly small) firms. At the top end of the scale there are around 30 larger local firms, a number of international-run firms, and the ‘Big 4’. The services on offer differ enormously – from simple audit work to value-added advisory services.
For an analysis of the sector, including the training structure, regulation, and the implications for CFOs and businesses in general, click the link.
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