Study On CPA Profession Regulation In Securities Market

In recent years, accounting frauds frequently have taken place in the domestic and international securities market. Problems on CPA profession regulation in the securities market were paid more attention by people. How to choose the regulation model? What reasons for this problem? What we should do? All these are what we want to research.This paper consists of seven chapters. Chapter one is introduction to this paper and it's main content is problem's offering and methods of researches. Chapter two is theory foundation. In this paper author mainly make use of regulation theory. In chapter three we not only review the history of this problem, but also analyze concrete problems which exist in the field of CPA profession regulation in the securities market. In chapter four we explain the reasons for these problems. Chapter five is the comparison of regulation models between countries. In chapter six we put out our regulation model which suit condition of our country. Final chapter is conclusions of research and policies.The purpose of this research is to seek out proper regulation model, put forward reasonable polices and I hope it will help to regulation practices.According to this research, we can draw some conclusions. They are as follows:Firstly, in regard to this problem, we should take others into account, such as economic system reform , political structure reform and culture state. Only so, we can hold this problem better.Secondly, there are four reasons for this problem. At first, the construction of regulation law lags behind. Second, there is some defect on regulation system. Third, the markets mechanism of security audit is not perfect. Finally, the theory is scarce.Thirdly, the relation between government regulation self-regulation and markets adjustment should be complementary to each other. The key is how to coordinate their relation.Finally, according to our present condition, we should adapt state-contingent regulation model. That is to say, we should at the same consider government regulation self-regulation and markets adjustment. The general principle is that the goal of government regulation should not replace self-regulation and markets adjustment. Instead, the government should create condition fortheir operation.