IASB appoints first Chinese member

Zhang Weiguo, chief accountant at the
Securities Regulatory Commission
(CSRC) has been appointed as a a full-time
member of global standard setter, the
International Accounting Standards Board

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.

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