Research On The Influencing Factors Of The Development Of Accounting Firms’ Internationalization In Our Country

Since President Xi Jinping put forward the top initiative of "One Belt and One Road" in 2013,Chinese enterprises have actively responded to the call of "going out",and have invested and built factories and branches in overseas regions.China’s foreign trade volume and foreign investment and financing structure have undergone great changes.But as a result of the corresponding professional service institutions,such as certified public accountants,couldn’t keep up with the pace of enterprises "going out",it also makes the Chinese enterprises in the process of abroad is repeatedly,not only bring the huge financial lost.The internationalization of accounting firms in China must be put on the agenda.Therefore,this article takes Tongtong Certified Public Accountants,Tianjian Certified Public Accountants,and ShineWing Certified Public Accountants as research objects to explore in detail the factors that affect the internationalization level of accounting firms.Firstly,the thesis expounds the relevant theories such as policy support,customer internationalization,the development level of host country accountants,and internationalization paths;Secondly.it constructs an evaluation index system for the internationalization level of accounting firms in order to quanti fy the internationalization level of accounting firms;Again,this paper proposes the following assumptions:policy support.customer internationalization,and internationalization experience can enhance the internationalization level of accounting firms;The lower the level of accounting development in the host country,the higher the internationalization level of accounting firms;The internationalization development path will affect the internationalization level of accounting firms;Then,the influencing factors of the internationalization of the three accounting firms were coded and analyzed quantitatively.Finally,the following conclusions were reached:ShineWing has the highest level of internationalization,followed by Zhitong,and Tianjian has the lowest level of internationalization.The main factors leading to the differences in the internationalization level of the three accounting firms are the accounting development level of the host country and the internationalization path of the accounting firms.The lower the level of accounting development in the countries or regions that enter,the higher the internationalization level of accounting firms.Moreover.among the joining strategy,self built international network,and hybrid development strategy,the hybrid development strategy combining joining with self built international network is most suitable for the internationalization of accounting firms.The main contributions of this study are as follows:(1)Changing the previous research model on the internationalization level of accounting firms,using logical construction,analytic hierarchy process,and inductive analysis methods to conduct qualitative and quantitative analysis of the internationalization level of accounting firms,creating a new research perspective;(2)The suggestions put forward will have more effective and model effect which can provide a reference model for accounting firms’ internationalization in our country and can better serve the Chinese-funded enterprises going abroad.