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Hong Kong, as an international commercial center, is highly competitive in accountant and financial fields. Nevertheless, under the impact of globalization and the entrance of WTO, the frequent commercial activities stimulated the demand for accountant and financial experts. Meanwhile, this enhanced the tension on competitions for labours.
Nowadays accountants are financial experts who bear great liabilities. They are no longer limited to just handling accounts and audits. They also need to apply the principals of accountancy and skills. By using modern computer information system, they analyze, plan and predict companies' business effectively.
Undergoing economic rehabilitation, the supply of accountant experts is unable to meet the demand. The career prospect seems optimistic. As long as a corporate has an account, there will be accountants. Accountant and financial knowledge is so fundamental for business development. Thus, if you got a professional accountant qualification, you do not need to worry about job hunting.
Mainland China has a great demand on accountants. These accountants should have thorough knowledge in international accounting principals, in order to link with foreign corporates. To Mainland China, entering WTO has applied great impact on local corporates. Once Chinese corporates co-operate with foreign corporates, both sides should be attentive to each other's financial status.
If a foreign-capitalized corporate wants to apply the international accounting principal in mainland China, however, unable to invite suitable candidates will consider hiring Hong Kong professionals. In long run, Hong Kong accountants will have more opportunities in developing in Mainland China.