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CESA Discussion Paper #58

2/5/2024

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English as the Medium of Instruction

In the last few decades, globalization has led English to emerge as the main international language of trade and commerce. My recent online search has also shown that:
  • According to the South China Morning Post, May 28, 2023, international accounting guild ACCA has reported that its mainland China membership has grown by 20% over the past 5 years;
  • As per published on www.iasplus.com, the September 2023 communique issued from delegates of China, Japan and South Korea have met and agreed to reinforce their commitments towards IFRS Accounting Standards; 
  • Recruiting giant Robert Half’s China website (www.roberthalf.cn) has indicated that AICPA, ACCA, CMA and CFA are 4 of the 5 most desirable accountants’ certifications in China - this represents 80% of the preferred professional certification using EMI.  
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