人大常委会｜注册会计师法修正草案进一步规范执业行为

Core Viewpoint - The draft amendment to the Certified Public Accountant Law was presented for review, aiming to further regulate professional conduct, improve supervision measures, and increase accountability in the CPA industry [1]. Group 1: Industry Overview - The CPA industry is a significant part of China's modern service sector, with approximately 11,000 accounting firms and around 100,000 registered accountants by the end of 2024 [1]. Group 2: Legislative Changes - The amendment includes 22 articles focusing on enhancing the leadership of the Party, improving regulatory measures, and increasing accountability to address issues like audit fraud [1]. - New prohibitive regulations for CPAs include a ban on issuing false reports, failing to maintain necessary professional skepticism, and engaging in unfair competition practices [1]. Group 3: Regulatory Measures - The amendment strengthens entry requirements for practitioners, enhances supervision and inspection, and includes provisions for managing audit archives and implementing penalties for dishonesty [2].