注册会计师法拟修正：加大审计造假责任追究力度

Core Viewpoint - The draft amendment to the Certified Public Accountant (CPA) Law aims to enhance regulatory measures, strengthen accountability, and address issues such as audit fraud within the CPA industry in China [2][3]. Group 1: Regulatory Changes - The amendment includes 22 articles that focus on further regulating CPA practices, including prohibiting the issuance of false reports and ensuring proper audit procedures are followed [2]. - It specifies that CPAs must not engage in unethical practices such as fraud, bribery, or unfair competition to solicit business [2]. - The amendment also clarifies the business scope that limited liability CPA firms are prohibited from engaging in [2]. Group 2: Industry Context - As of the end of 2024, there are approximately 11,000 CPA firms and around 100,000 registered CPAs in China, highlighting the industry's significant role in the modern service sector [3]. - The role of CPAs is evolving from merely ensuring the accuracy of historical financial data to becoming proactive in identifying future risks and core values during critical business phases such as IPOs and mergers [3]. - Regulatory scrutiny has intensified, with reports indicating that several CPA firms faced business suspensions ranging from 3 to 12 months in 2024 due to audit fraud and negligence [3].