World Monitor Magazine WM_November_2019_web | Page 69
This July, Shanghai National Accounting Institute,
joining hands with ZTE New Cloud Service Co., Ltd.
and ACCA, and under the auspices of the institute’s
‘Belt and Road’ Accounting Research Centre,
conducted research on accounting infrastructure in
Central Asia to support the implementation of the
programme. Studies have shown that some countries'
accounting infrastructure cannot keep up with their
economic development. And due to differences in
national conditions, the development of accounting
infrastructure varies greatly from country to country,
and the connectivity between them is poor. This has
affected economic development and trade. As Central
Asian countries have become more deeply involved in
the ‘Belt and Road’ initiative, local economies have
become more integrated into regional and global
economic development. To better integrate with
the international community and attract foreign
investment, many countries in Central Asia are taking
measures to strengthen accounting infrastructure.
Join hands to build a knowledge exchange
platform for accounting infrastructure
The implementation of the China-Central Asia
Accounting Elites Exchange Programme is an
achievement of joint efforts.
Iskandar Abdullaev, Deputy Director of CI, a regional
international think tank for knowledge cooperation,
said that since its establishment, CAREC has
promoted trade and transportation in Central
Asia, and improved the investment environment
in Central Asia. Many efforts have been made to
provide financing for some regional projects, making
substantial progress and important contributions to
the development of Central Asia.
conducting substantial work on preparation
and research for the programme through its
international network and expertise.
Ada Leung, Director, ACCA Greater China, said that
ACCA is one of the pioneers in exploring the impact
of the ‘Belt and Road’ Initiative on China, the global
economy and the development of the accountancy
profession.
ACCA is honoured to jointly conduct the
programme with its partners, and will continue to
carry out a series of studies with partners such
as the Shanghai National Accounting Institute and
further discuss the opportunities and challenges
for the accounting profession, businesses and
governments brought by the ‘Belt and Road’
Initiative, supporting the implementation of the
China-Central Asia Accounting Elites Exchange
Programme.
CAREC programme is committed to promoting
connectivity and achieving shared prosperity. As a common
international business language and an important ‘soft
infrastructure’, accounting can serve as a bridge for
economic exchanges between countries. The China-
Central Asia Accounting Elites Exchange Programme will
promote the sharing of knowledge and experience in the
construction of accounting infrastructure between China
and the countries of Central Asia, and will also promote
the coordinated development of and cooperation among
CAREC member countries. The five-day workshop will conduct in-depth and
continuous exchanges and discussions on issues such
as the construction of accounting infrastructure,
the development and coordination of accounting
standards through lectures, experience sharing by
various countries, field visits to enterprises, and online
communication. The workshop will also establish
a platform for exchange between international
accounting talents in China and accounting elites in
Central Asia.
As a global professional accountancy body, ACCA
also plays a key role as a super connector globally, The programme will also hold workshops in China and
Central Asian countries in 2020 and 2021.
supported by EUROBAK