Research On The CPA Profession Development Of Our Country After Chinese WTO Entry

The system of Certified Public Accountant (CPA) is a natural product of market economy, as well as a prerequisite for guarantying healthy economic development. CPA, as an effective social supervision created by those developed countries that have experienced more than 100 years history of commodity economy, is called economic policeman without being paid by governments. This saying accurately demonstrates the professional character and lofty mission of CPA. As far as China is concerned, 22 years passed since CPA system was recovered with rapid development. Now, Chinese CPA profession has gained preliminary scale. However, while the number of CPA is becoming larger and larger, the establishments of relevant laws, regulations and professional rules lag behind relatively, which can't bring the auditing function into full play.After Chinese WTO entry it goes without saying that either non-progress or slow progress is equal to lagging behind since more and more foreign competitors are landing on China. In 1998, the work of de-linking and structural reform of accounting firms has been finished as scheduled, and the whole profession realized separation from the old system of subordinate to administrative organs in 1999. The year of 2000 saw a great campaign for many CPA firms in China to expand scale and upgrade operating level. It can be deemed that after the transformation time and time again, Chinese CPA business has entered into 21 century and WTO with brand-new look and imposing gesture. Whereas, in order to get a chair in international stage and guarantee sound and steady development, there exist many great problems and tasks to tackle in CPA profession of our country.Under the backdrop of China's winning WTO membership, this dissertation gives analysis on the current problems of Chinese CPA profession and exploration on its countermeasures.It is the author's sincere hope that it would be helpful to the reform and development of CPA profession of our country.The structure and content of this paper is arranged as following 7 parts. In the first part, the necessity of particular research on CPA profession of our country after joining the WTO is put forward. On the basis of analyzing the situation at home and abroad, part two presents CPA's origin, development and evolvement. The third part expounds the impacts on China's CPA profession from Chinese WTO membership. The fourth part explains in detail the commission system, which is the theory basis to research CPA's development. Part five exposes and analyzes the current problems hindering Chinese CPA profession from five aspects. Directing at above mentioned issues and problems, the sixth part put forth five countermeasures. Following the former six parts, the seventh is the last part that concludes the whole paper.