Adoption and Implementation of Ifrs / Ias in China: Case Study of Chinese Listed Companies

The thesis investigates how IFRS/IAS is adopted and implemented in China. With the globalization and harmonization, the new Chinese accounting standards (CAS) are convergence with IFRS/IAS. China aims at the achievement of compliance with IFRS/IAS. From January 2007, Chinese listed companies are required to adopt and implement the new CAS (Chinese Accounting Standards). Facing the new accounting standards and technique change, this thesis explains the reasons for convergence with IFRS/IAS in China, and how IFRS/IAS adopted in China, and the challenges of implementing IFRS/IAS. This is a case study by studying and interviewing several Chinese listed companies.