In fact, under the command economy, accounting and auditing was mainly limited to working on SOEs or public sector budgeting. There is a need now to change the mentality to fit the rapidly-growing new economy, and to train new staff to fill the gaps as privatization takes place and private sector companies move to the forefront as employers and centers of growth and change.

This report concentrates on the recent development of this very large market, and contains chapters on the institutional and legal framework, new rules and regulations, and the changes and outlook following China's accession to WTO.

The report concludes by discussing reforms and considerations on the future of the accounting services market. Appendices contain copious supplementary material including definitions, updated laws and rules, a business directory, and lists of CPA firms.

Key topics covered include:

-- History and Development

-- Development and Current Situation

-- Recent Structural Reforms

-- Sector Characteristics

-- Auditing Subsector

-- Asset Valuation

-- Investment Climate

-- Background

-- New Standards

-- Legal Highlights

-- Organizations and Authorities

-- Reforming the Legal Environment

-- WTO Regulations on Accounting Services

-- Commitments on Market Liberalization

-- Impact of WTO Entry

-- Coping with WTO Changes

-- Market Expansion

-- Unified Standards for Service Charges

-- Training the Industry

-- Impact of SARS in 2003

-- Future Development

Companies mentioned:

-- Anhui Hua Pu CPA Firm

-- Arthur Andersen & Co.

-- Asia Pacific (Group) CPA Firm

-- Beijing CPA Firm

-- Beijing Jing Du CPA Firm

-- Beijing Xing Hua CPA Firm

-- Beijing Yong Tuo CPA Firm

-- Beijing Zhong Xing Yu CPA Firm

-- China Petroleum and Chemical Corporation

-- Chongqing Pan-China CPA Firm

-- Da Hua CPA Firm

-- Dalian Hua Lian CPA Firm

-- Deloitte Touche Tohmatsu Hua Yong CPA Firm

-- Dong Zheng Zhong Zhujiang CPA Firm

-- Ernst Young Hua Ming CPA Firm

-- Fujian Hua Xing CPA Firm

-- Fuyao Glass Industry Group Corporation

-- Fuzhou Min Du CPA Firm

-- Guangdong Heng Xin De Lv CPA Firm

-- Guangdong Kang Yuan CPA Firm

-- Guangzhou Yangcheng CPA Firm

-- Guanzhou Tian Cheng CPA

-- Hainan Cong Xin CPA Firm

-- Hebei Hua An CPA Firm

-- Hu Bei Da Xin

-- Hua Lun CPA

-- Hua Yin CPA Firm

-- Hua Zheng CPA Firm

-- Hubei Da Xin CPA Firm

-- Hubei Zhong Zheng CPA Firm

-- Hunan Kai Yuan CPA Firm

-- Jiangsu Gong Zheng CPA Firm

-- Jiangsu Su Ya Jin Cheng CPA Firm

-- Jiangsu Tian Heng CPA Firm

-- Jiangsu Tin Wha Da Peng CPA Firm

-- Jing Du CPA Firm

-- KPMG Hua Zhen CPA Firm

-- Liaoning Pan-China CPA Firm

-- Nanjing Yong Hua CPA Firm

-- Pan-China CPA Firm

-- PricewaterhouseCoopers Zhong Tian CPA Firm

-- Reanda Xin Long CPA Firm

-- Shandong Hui De CPA Firm

-- Shandong Qian Ju CPA Firm

-- Shandong Tian Heng Xin CPA Firm

-- Shandong Zheng Yuan He Xin CPA Firm

-- Shanghai Dong Hua CPA Firm

-- Shanghai Li Xin Changjiang CPA Firm

-- Shanghai Shang Hui CPA Firm

-- Shanghai Wan Long Zhong Tian CPA Firm

-- Shanghai Zhong Hua Hu Yin CPA Firm

-- Shanxi TianYuan CPA Firm

-- Shenzhen Da Hua Tian Cheng CPA Firm

-- Shenzhen Expressway Corporation

-- Shenzhen Hua Peng CPA

-- Shenzhen Nan Fang Min He CPA Firm

-- Shenzhen Pan-China Xin De CPA Firm

-- Shenzhen Pengcheng CPA Firm

-- Shenzhen Tong Ren CPA

-- Sichuan Hua Xin (Group) CPA Firm

-- Sichuan Jun He CPA Firm

-- Sinopec Qilu Corporation

-- Tian Yi CPA Firm

-- Tian Zhi Zi Xin CPA Firm

-- Tin Wha CPA Firm

-- Tsingdao Beer

-- Wu Lian Lian He CPA Firm

-- Wu Zhou Lian He CPA Firm

-- Wuhan Zhong Huan CPA Firm

-- Xi'an Sigma CPA Firm

-- Xiamen Pan-China Hua Tian CPA Firm

-- Xin Yong Zhong He CPA Firm

-- Yue Hua CPA Firm

-- Yunnan Ya Tai CPA Firm

-- Zhejiang Dong Fang CPA Firm

-- Zhejiang Pan-China CPA Firm

-- Zhong Hong Xin Jian Yuan CPA Firm

-- Zhong Lei CPA Firm

-- Zhong Lian Xin CPA

-- Zhong Qin Wan Xin CPA Firm

-- Zhong Rui Hua Heng Xin CPA Firm

-- Zhong Shen CPA Firm

-- Zhong Tian Hua Zheng CPA Firm

-- Zhong Tian Qin CPA

-- Zhong Xi CPA Firm

-- Zhong Zhou Guang Hua CPA Firm

For more information visit http://www.researchandmarkets.com/reports/c36192