时报观察｜注册会计师独立性准则重塑审计公信力

Core Viewpoint - The implementation of the "Independence Standards for Certified Public Accountants" marks a new phase in the institutional regulation of independence in China's CPA industry, emphasizing the importance of independence in audit practices [1][2]. Group 1: Regulatory Changes - The new independence standards are designed to address issues identified in industry regulation, including prohibiting CPA firms from preparing financial statements for audit clients, thereby eliminating conflicts of interest [2]. - The standards incorporate both domestic practices and international guidelines, with some provisions being stricter than international norms, reflecting China's commitment to combat financial fraud in capital markets [1][2]. Group 2: Impact on the Industry - The reform aims to transform the CPA industry towards greater professionalism and standardization, establishing independence as a non-negotiable baseline for the industry [2]. - By converting the subjective notion of "substantive independence" into quantifiable compliance standards, the new regulations are expected to enhance the credibility of audits and optimize the market ecosystem [2].