IASB appoints first Chinese member
Chief accountant from Chinese regulator gets full-time post
Zhang Weiguo, chief accountant at the
China
Securities Regulatory Commission (CSRC) has been appointed as a a full-time
member of global standard setter, the
International Accounting Standards Board
(IASB).
Weiguo is the IASB’s first Chinese member.
Besides being the chief accountant at the CSRC, he is also the director of
the department of international affairs at the regulator
He will leave his current job and assume the new post on July 1 next year.
In a statement the CSRC, said the appointment of Weiguo showed the country’s
influence in setting international accounting standards is growing.
Further reading:
CIMA sets up office in China
London tops for Chinese investment
Insider Business Club: emerging markets