Evaluation of research on Chinese accounting issues

With the increase in China’s participation in world political and economic affairs, Chinese accounting has attracted much scholarly attention. Many books and articles on the subject have been published. This paper reviews the published research in English and investigates the different interpretations of Chinese accounting by scholars from China as well as overseas. This paper also assesses the value of such research for the development of international accounting. The conclusion is that the development of accounting in China will be more close to international practice and that the changes for China will be fundamental and dramatic. Research into Chinese accounting will make these changes more understandable for western scholars.