An interview with Sir David Tweedie, chairman of the International Accounting Standards Board.

This article is based on a Russian-language article entitled "Чем поможет прецедент" which originally appeared in the publication Главная книга. It has been translated, edited, and adapted for an English-speaking audience.

The following information was prepared by HW Fisher & Company, a firm of chartered accountants in the UK. It has been reproduced here with permission for the benefit of those readers of the Alinga Market Update who are affected by UK taxation regulations.

Chinese companies are blending some of their traditional techniques with some new ones from the West to achieve good working management accounting practices they can use.