04157nam 2200649 450 991078911070332120230803201943.01-78350-486-2(CKB)3710000000092630(EBL)1649385(SSID)ssj0001211497(PQKBManifestationID)11713773(PQKBTitleCode)TC0001211497(PQKBWorkID)11203922(PQKB)10360365(MiAaPQ)EBC1649385(Au-PeEL)EBL1649385(CaPaEBR)ebr10845715(CaONFJC)MIL580295(OCoLC)873141835(EXLCZ)99371000000009263020140322h20142014 uy 0engurcnu||||||||txtccrThe big four and the development of the accounting profession in China /by Paul GillisFirst edition.Bingley, England :Emerald Group Publishing Limited,2014.©20141 online resource (362 p.)Studies in the Development of Accounting Thought,1479-3504 ;Volume 16Description based upon print version of record.1-78350-485-4 Includes bibliographical references and index.FRONT COVER; THE BIG FOUR AND THE DEVELOPMENT OF THE ACCOUNTING PROFESSION IN CHINA; COPYRIGHT PAGE; CONTENTS; ACKNOWLEDGMENTS; LIST OF ABBREVIATIONS; LIST OF TABLES; 1. INTRODUCTION; 1.1. Introduction; 1.2. The Purpose and Significance of this Book; 1.3. The Research Question; 1.4. Overview of Methodology; 1.5. Limitations and Delimitations; 1.6. Organization of the Book; 2. THEORETICAL FOUNDATIONS; 2.1. Historical Critical Accounting Research; 2.2. Alternative Theoretical Foundations for Historical Accounting Research; 3. THE BIG FOUR; 3.1. The Big Four; 3.2. Globalization of the Big Four3.3. The Big Four in Emerging Markets 3.4. Law Firms; 4. BUILDING FOUNDATIONS; 4.1. Accounting Practices in Early China; 4.2. War and Revolution; 4.3. China Opens to the World; 4.4. Tiananmen Square; 5. FOREIGN DIRECT INVESTMENT AND CAPITAL MARKETS AS HEGEMONIC PROJECTS; 5.1. Foreign Direct Investment; 5.2. Joint Venture Accounting Firms; 5.3. Development of Capital Markets; 5.4. Accounting Frauds and Scandals; 5.5. Securities Regulation; 6. MAINTAINING HEGEMONY; 6.1. The People Dimension; 6.2. Member Firms in China; 6.3. China and the World Trade Organization6.4. Competition Between the Big Four 6.5. Structure of the Accounting Market in China; 7. COUNTER-HEGEMONY; 7.1. Accounting and Auditing Standards; 7.2. Licensing of Certified Public Accountants; 7.3. Local Firm Reforms; 7.4. Audit Rotation; 7.5. Mainland Chinese Firms and the H-Share Market; 8. ANALYSIS AND CONCLUSIONS; 8.1. How the Big Four Came to Dominate Accounting Markets in China; 8.2. Why the Big Four Came to Dominate Accounting Markets in China; 8.3. How Have Indigenous Firms Tried to Break the Dominance of the Big Four?; 9. IMPLICATIONS AND TOPICS FOR FURTHER RESEARCH9.1. What the Big Four Needs to Do 9.2. What Local Firms Need to Do; 9.3. What Regulators Need to Do; 9.4. Further Research Topics; REFERENCES; ABOUT THE AUTHOR; INDEXThis volume provides a history of the domination of the Big Four in the Chinese accounting industry, explaining why China was unable to keep the market for its own accounting firms. The book details how easy access to U.S. capital markets led to major accounting scandals, and a clash between U.S. and Chinese regulators.Studies in the development of accounting thought ;Volume 16.AccountingChinaAuditingChinaFinanceChinaAccountingAuditingFinance657.0951Gillis Paul1507135MiAaPQMiAaPQMiAaPQBOOK9910789110703321The big four and the development of the accounting profession in China3737619UNINA