An exposure draft dated June 15, 2011 titled “Five-year Development Plan for the China CPA” issued by the Chinese Institute of Certified Public Accountants (CICPA) reflected this commitment (Chinese Institute of Certified Public Accountants (CICPA), 2011). The CICPA indicated that international training of training of talent would be one of four important project it was going to undertake as part of its development plan. CICPA signaled its intent to speed up the negotiation process for course exemptions with foreign professional associations; establish an information platform and a database outlining international qualifications; and widen the type of foreign qualifications available to Chinese accounting students.