Cpa's Liability To Third Parties

There are many differences between the circles of law and accounting in face of the awsuits storm? However, the Chinese law, regulations and judicial interpretations do not have a specific and explicit liability mode to CPA legal liability. It makes confusion in the judicial practice at present.This paper, by means of analysis integrating theories with practice, combining with the judicial practice and advanced theories of foreign countries, brings forward new mode of CPA legal liability to third parties and new mode of CPA legal liability to third parties in the field of securities law.This paper consists of seven parts.Part I is an introduction of the growth, the development, the function of the CPA audit and its status in China.Part II is an analysis of the situation of the awsuits storm?and the differences between the circles of law and accounting.Part III focuses on the seminal case of Deyang CPA Firm and judicial interpretations of the China Supreme Court, discusseshe shortage of Chinese law and judicial interpretations, and probes into the confusion of the judicial practice nowadays.Part IV focuses on the theory and practice of CPA audit tort liability of foreign countries, brings forward new mode of CPA legal liability to third parties.Part V focuses on the CPA legal liability to third parties in the field of securities law, brings forward new mode of CPA legal liability to third parties in this field.Part VI is to state the nature of CPA legal liability to third parties, which is tort liability. And the constitutive requirements are the same as commonly tort liability.Part VII is the last part of this paper, which is about the settlement of the differences between the circles of law and accounting:...