增加注册会计师执业禁止性规定

Core Viewpoint - The draft amendment to the Certified Public Accountant Law aims to strengthen party leadership, improve regulatory measures, and increase accountability to address prominent issues such as audit fraud in the CPA industry [1] Group 1: Current Law and Issues - The existing CPA Law, established in 1993 and amended in 2014, has played a significant role in promoting the healthy development of the CPA industry and maintaining the order of financial audits [1] - Recent years have seen new problems, including non-compliance by some accounting firms and CPAs, inadequate performance of their "gatekeeper" responsibilities, and frequent occurrences of financial misrepresentation and audit fraud among listed companies [1] Group 2: Regulatory Enhancements - The draft amendment introduces stricter prohibitions on CPA practices, including the issuance of false reports and the use of improper methods to solicit business [2] - It specifies that limited liability accounting firms are prohibited from engaging in securities services and other specific businesses that relate to public interest [2] - The approval process for accounting firms is changed from "license first, certificate later" to "certificate first, license later," enhancing the entry management for firms providing audit services for listed companies [2] Group 3: Accountability Measures - The draft increases penalties for issuing false reports, raising the maximum fine from five times to ten times the illegal gains, and includes severe consequences such as suspension of business or revocation of licenses for serious violations [3] - CPAs found guilty of issuing false reports may face lifetime bans from the profession, and legal responsibilities are established for violations involving collusion with clients or audited entities [3]