Recommendations of The Wen Group Chinese Version Case Study Analysis

Disclaimer: This page contains sample case solution for formatting purposes only and is not the actual case solution of the said case. To get the actual case solution; order on website or contact live chat support. Buy Now

Home >> Ivey >> The Wen Group Chinese Version >> Recommendations

Recommendations of The Wen Group Chinese Version Case Analysis

As per the CDAS reports vision, The Wen Group Chinese Version Case Recommendations has the potential to end up being Asia Pacific's leading accountancy hub by 2020 (Tan Benefit Seng). The Wen Group Chinese Version Case Recommendations needs to adhere to its existing practices when it comes to running the system truthfully. Simply a little bit more focus needs to be paid on diversity in worldwide trade.

It is suggested that the government must incentivize grants and tax concessions in order to offer the monetary support to company in growing and including area in specific area and serve for other chosen purposes. The deregulation of the ownership of public accountancy firm would help the economy in reducing the barriers to entry. In addition to this, it would most likely upgrade the competency and efficiency of the small and medium sized practices (SMPs), and this could be done by providing incentive for training, financial investment in innovation and development advancements and service partnerships. By concentrating on the high value services, the federal government would be able to improve the economy by increasing GDP of nation, and by offering the series of new and conventional export chances. Simply put, the greater growth and development of the service sector would likely gives a brand-new measurement of stability to the growth process of The Wen Group Chinese Version Case Recommendations.

Alternative 01-- Stressing on High Worth Solutions

Recommendations Case study The federal government could indorse Centre of Excellence in Organisation, Danger Evaluation Management, Internal Audit, Tax and professional growth and development for CFOs via numerous rewards including tax concessions. The entry barriers would be decreased by de-regulating in the public accountancy company's ownership. The proficiency of Little and Medium-sized Practices (SMP) might likewise be updated by federal government through offering incentives for business collaboration, training and innovation investment.

Alternative 02-- Supporting Accountancy Education and Research

The Accountancy Education and Research could be enhanced by developing a The Wen Group Chinese Version Case Recommendations Qualification Program (SQP). It can likewise develop specialization paths by means of boosting value in expertises such as risk management, internal audit, Taxation and expert development and organisation appraisal for Chief Financial Officers (CFOs) by means of competency frameworks, qualifications and accreditations.

Alternative 03 - Strengthening the Accountancy Infrastructures and Institutions

The government could motivate the Institute of The Wen Group Chinese Version Case Recommendations Chartered Accountants (ISCA), the nationwide accountancy body for the function of repositioning with a worldwide position. An Accountancy Sector Development Fund (ASDF) might also be establish in order to incentivize the determinations to raise performance, build ability, and encourage the regionalization..