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安永职业发展
The Outlook of the Accounting Profession and the Related Career Planning28 May, 2012
Topics to be covered
Globalization and its impact to China
The outlook of the accounting profession
The diversified roles of accountants
The qualities of successful accountants
Career Path
Ernst Young Greater China
QA
Globalization and its impact to China
Era of knowledge and globalization
Impact of globalization
Globalization 1.0 – 3.0:Countries to individuals
A global fiber-optic network connecting people everywhere
More risks, more regulations and more competition
How individuals compete globally
China market
Growth, opportunities and challenges
How big is the market?
What does it mean to you?
What are your career opportunities?
The outlook of the accounting profession
The outlook of the accounting profession
“The most needed talent in ten years in China” - accountants ranked No. 1. (Source: China Official Survey)
Chinese government’s support to the accounting profession – Grow Big and Grow Strong
The ratio of accountants (approx.)
US - 1:1,000
China - 1:10,000
China’s shortage of accountants – only 160,000 CICPA members
China may have a shortage of 140,000 qualified accountants!
The diversified roles of accountants
The diversified roles of accountants – a challenging career
Yesterday
Book-keepers
Operational
Internal
Specialist skills
Good fit for role
Transaction based
Today
Business advisors
Strategic
Internal and external
T-Shaped navigator
Entrepreneurial
Value added
Public practice
Corporate sector
Public sector
1. Tax (83%)
1. Statutory financial rep (65%)
1. Financial analysis (90%)
2. Assurance (83%)
2. Management accounting (63%)
2. Risk management (76%)
3. Corporate finance (59%)
3. Risk management (55%)
3. Management accounting (68%)
Areas currently offering the most career opportunities, showing the top three responses by sector
(Source: ACCA Insight Series 2009)
Public practice
Corporate sector
Public sector
1. Tax 64%)
1. Statutory financial rep (72%)
1. Fi
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