CUFE-BS Academic Seminar: the Economic Consequences of the Reform of International Financial Reporting Standards

Time: 14:00-16:00 PM, 27 October 2020

Location: Room 615, CUFE Business School

Speaker: Professor Cheng Xiaoke, School of Economics and Management, Beijing Jiaotong University

Profile:

Professor Cheng Xiaoke is a professor and doctoral supervisor of School of economics and management of Beijing Jiaotong University. He has been selected as the "accounting masters training project" of the Ministry of finance, and has been funded 5 times by the National Natural Science Foundation projects. His research fields include capital market and accounting information, enterprise accounting standards, corporate finance and enterprise innovation, etc. In recent years, he has published more than 80 accounting academic papers in management world, Nankai management review, China soft science, accounting research, China accounting review, scientific research, management science, finance and trade economy, management review, audit research, and international review of Economics & Finance. At the same time, he is also a consultant expert of State Grid Corporation of China and other central enterprises, presided over a number of horizontal topics, trained hundreds of well-known enterprises, and provided long-term continuous consultation for the power grid industry.

Abstract:

(1) The reform process and framework of accounting standards for enterprises in China;

(2) The background of the reform of IFRS and its impact on the accounting standards of Chinese enterprises;

(3) The convergence path of China's accounting standards for business enterprises and IFRS;

(4) 15 basic concepts of IFRS;

(5) The potential impact of accounting standards reform on capital market -- a newresearch opportunity and perspective.