Opening-up to drive need for new talent in accounting sector

Financial reforms will increase cross-border flow of professionals

China's efforts to promote opening-up are expected to generate more demand for accounting professionals as such moves will create a cross-border flow of talent, according to the CEO of the professional organization for certified public accountants in the United States.

Barry Melancon, president and CEO of the American Institute of Certified Public Accountants, said the slew of measures announced by China's top financial regulators sent positive signals and injected confidence for market players.