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The Certificate offers learning materials and accreditation to those who demonstrate knowledge and competence in IFRS and IAS (International Accounting Standards).

Developed by leading experts and focused on an understanding of all international standards, the Chinese edition of learning materials aims to help China to strengthen its commitment in applying rigorous accounting and auditing standards.

The translated learning materials, which feature a foreword from the Chinese Vice Minister of Finance Wang Jun, will be widely available in bookshops in China.

Commenting on the launch which took place in Beijing, Michael Izza, chief executive of the ICAEW, said: “IFRS has been an important part of the business landscape since it was introduced in January 2005. The qualification has already been of relevance to our members and the wider business community."

"The translation of learning materials into Chinese will help ensure that Chinese accountants are also able to obtain accreditation for their technical excellence in this area.”

Global marketplace 

Mr Wang in his foreword believes the translation by the ICAEW demonstrates its confidence in China and its growing economy, and acknowledges the extent of progress made by China in opening its markets and in developing accounting practice.

"This textbook will speed our strategy of implementing the international convergence of accounting standards, our strategy of training China’s leading accountants, and our strategy of strengthening our accounting firms and preparing them for the global marketplace."

Available world-wide, the IFRS certificate from the ICAEW was initially launched in 2004 and is used extensively internationally.

Related links

• ICAEW