This paper would analyze the current situation and put out the suggestions to the current development of the CPA Profession in China. The current situation： market segmentation, interruption by administration; workin...This paper would analyze the current situation and put out the suggestions to the current development of the CPA Profession in China. The current situation： market segmentation, interruption by administration; working under beneficially and violating rules when auditing; lack of rules, self-contradict in system; self-discipline is not strict, sanction is not effective. The Suggestions： reducing the administration interruption, and emphasizing the macro view of supervision and controlling; establishing a sound quality controlling system, and emphasizing the risk mechanism; perfecting the laws and regulations, carrying out the auditing profession according to laws; accelerating the development of the profession and emphasizing the profession standard.展开更多
The Chinese Institute of Certified Public Accountants(CICPA) issued revised Professional Ethic Code(PEC) in October 2009 to tighten the existing ethical requirements in wake of the global financial crisis in 2008.The ...The Chinese Institute of Certified Public Accountants(CICPA) issued revised Professional Ethic Code(PEC) in October 2009 to tighten the existing ethical requirements in wake of the global financial crisis in 2008.The recent revision of the Code is emphasized on harmonizing with international standards in terms of basic principles and essential procedures.Compared to China,U.S.has established a relatively comprehensive system of professional ethics standards and wedged it in to the accounting curriculum.This paper analyses the differences of code of professional ethics between China and U.S.in order to find some elements,which are helpful to the development of Chinese Professional Ethic Code as well as the Certified Public Accountant(CPA) profession.展开更多
文摘This paper would analyze the current situation and put out the suggestions to the current development of the CPA Profession in China. The current situation： market segmentation, interruption by administration; working under beneficially and violating rules when auditing; lack of rules, self-contradict in system; self-discipline is not strict, sanction is not effective. The Suggestions： reducing the administration interruption, and emphasizing the macro view of supervision and controlling; establishing a sound quality controlling system, and emphasizing the risk mechanism; perfecting the laws and regulations, carrying out the auditing profession according to laws; accelerating the development of the profession and emphasizing the profession standard.
文摘The Chinese Institute of Certified Public Accountants(CICPA) issued revised Professional Ethic Code(PEC) in October 2009 to tighten the existing ethical requirements in wake of the global financial crisis in 2008.The recent revision of the Code is emphasized on harmonizing with international standards in terms of basic principles and essential procedures.Compared to China,U.S.has established a relatively comprehensive system of professional ethics standards and wedged it in to the accounting curriculum.This paper analyses the differences of code of professional ethics between China and U.S.in order to find some elements,which are helpful to the development of Chinese Professional Ethic Code as well as the Certified Public Accountant(CPA) profession.
