Accounting Consulting Services Lead Partner, PwC China
Yvonne Kam is Accounting Consulting Services (ACS) lead partner of PwC in Mainland China, Hong Kong, Macau, Taiwan and Singapore. She joined PwC in the US in 1992. She moved to our Shanghai office in 1994 and has been with the firm since then.
ACS is a specialised function with PwC that has overall and ultimate responsibility over accounting technical matters. It provides technical advice to audit engagement teams as well as external clients concerning complex accounting matters. It works on cutting-edge issues, provide thought-leadership pieces including issuing publications, conduct training as well as supporting standard-setters and working with regulators.
Yvonne leads our ACS team which includes 13 partners, 5 directors and 45 consultants across Hong Kong, mainland China, Taiwan and Singapore. She is engaged in capital markets work and she works closely with the Ministry of Finance as well as the International Accounting Standards Board on China's accounting standards convergence. She was intensely involved with the amendment of two International Financial Reporting Standard (IFRS), namely, IAS 24 Related Party Transactions (the State controlled entities amendment in 2009) and IFRS 1 First-time Adoption of IFRS (the fair value as deemed cost exemption in 2010), which had pervasive impact to Chinese State-owned entities. She is also involved with the amendment to IAS 40 Investment Properties which addresses the transferring of properties under development into and out of investment properties.