Dr. Yugui Chen joined the IFAC Board in November 2012. He was nominated by the Chinese Institute of Certified Public Accountants (CICPA). Dr. Chen previously served as a member of the IFAC Chief Executive Search Committee and served on the IFAC Board from 2004 to 2009.
Dr. Chen has worked for the Ministry of Finance in China since 1986, serving as deputy director, director, deputy director-general of the Accounting Regulatory Department, and deputy secretary general of the China Accounting Standards Committee of the Ministry of Finance. He also serves as the head of the Office of the CPA Examination Committee of the Ministry of the Finance.
In 2002, Dr. Chen became the secretary general of CICPA; in 2010, he became deputy president.
Dr. Chen has experience in a wide variety of fields, including finance and accounting reform policy, accounting and auditing standards, regulation of the Chinese accountancy profession, public finance and accounting research, and international cooperation within the accountancy profession.
Dr. Chen was previously the Chinese representative of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting, the Chinese observer of the International Accounting Standards Committee, and a member of its Committee of Transition Economies. He is also deputy president of China Association of Trade in Services.
Many of Dr. Chen’s treatises have won significant awards, including the National Book Award and Economic Daily’s Best Book Ever Award. In 2002, he received the Allowances for Special Contributions in Social Sciences of the State Council. He also won the Award for Individual Contribution on Strategic Study of the National Planning for Science and Technology Development in 2004 and was named one The Accountant magazine’s 30 most influential people in the accounting profession.