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October 21, 2013

ACCA signs partnership with Chinese firm

The Association of Chartered Certified Accountants (ACCA) has signed a partnership with Chinese firm Zhonghua Certified Public Accountants, member of the accounting network UHY International.

The agreement means that Zhonghua Certified Public Accountants will become an ACCA’s approved employer.

The association launched in 2004 its Approved Employer Programme aimed at attracting and retaining local finance leaders, which now counts 500 employers in China.

The partnership provides for the cooperation between ACCA and Zhonghua Certified Public Accountants to train internationally recognised finance professionals.

To this end, ACCA will help Zhonghua CPAs set up an internal training system based on its syllabus. The two organisations will also co-organise forums and seminars to explore the current topics impacting China’s profession.

Zhonghua Certified Public Accountants managing partner Yong Sun said: "ACCA’s platform is of great help to us in improving our practice standards and expanding our international perspective."

While ACCA head of China Ada Leung said that with this partnership the association will "contribute to the cultivation of more international finance professionals for China’s local accounting firms and promote the development of China’s accounting profession".

ACCA said it has been maintaining close relationships with China’s Ministry of Finance, the Chinese Institute of Certified Public Accountants and large businesses in different sectors.

The partnership with Zhonghua Certified Public Accountants is the latest step in ACCA’s interest in China.

Article by Sebastian Clark

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Zhonghua Certified Public Accountants

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