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Convergence of International Financial Reporting Standards (IFRSs)

The increasing convergence of the IFRS would entail additional need for talent that are experienced in IFRS. HKFRS is pretty much equivalent to IFRS, whereas the PRCGAAP is converging more with IFRS.

http://thestandard.com.hk/news_detail.asp?we_cat=16&art_id=110836&sid=32297573&con_type=3&d_str=20110509&fc=1

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