A Study On The Selection Of Internationalization Path Of Accounting Firms

Internationalization of accounting firms is one of five strategies for the development of Chinese CPA industry,"Twelve-Five" industry development planning, which published by Chinese Institute of Certified Public Accountants, pointed that we should speed up the pace of international development, improve the ability of doing business abroad, support qualified firms "going out".Recently, more than70accounting firms have carried out auditing of financial report and other business activities overseas, which has achieved a certain level of development, but international accounting firms are still far apart.As the pace of Chinese enterprises "going out" accelerates, taking security of national economic into consideration, demand for the internationalization of local accounting firms has also increased.Research on the development of internationalization of accounting firms is of great significance.Firstly the author combes pertinent literature, and defines the basic concepts, then analyses on the internationalization of accounting firms combined with "OLI theory","comparative advantage" and "competitive advantage" and "theory of evolution".Internationalization of CPA firms is a trend, but how to achieve internationalization successfully? Shortly thereafter in this paper, the author analyses the situation of the development of internationalization of Chinese accounting firms from the angle of size, business structure and degree of internationalization, as well as the opportunities and challenges in the implementation of the international development strategy. Identifing the condition of our own development is a prerequisite for international development path we design, the successful expansion experience of international accounting firms can provide local accounting firms internationalization with reference.This article summars up the international development path of of European and Japanese accounting firms and then analyses the development path of globalization and the economic consequences caused by case studies of a local CPA firms. Finally, designs approaches to the development of internationalization of accounting firms from market position, route for regional development, way to international development and provides policy recommendations as well as the lack of research in this article.In my opion:internationalization of accounting firms refers not only developing overseas markets, but also overseas extension of the home market. The situation of Chinese accounting firms with less scale and operational status of single, low level of internationalization, determins they should be positioned to the service of the needs of Chinese enterprises’"walking out". the basic line of international development should be from Hong Kong, Singapore, to the developing countries, tthen the European Union, the United States and other developed countries. The internationalization development and practical ways are:joing in the existing international law firms, or establishing partnerships.