The Research Of The Legal Status Of Independent Auditing Standards In The Application Of Registered Accountant's Civil Liability

During the process of the development of accounting profession in the past one hundred years, in different historical periods and economic backgrounds, the issue on legal liability of the Certified Public Accountants (CPA) is the timeless topic. CPA and accounting firms are involved into the litigation more and more from themiddlel990s in our country. However, the construction of a suit of relative laws and regulations lags far behind the development of domestic CPA profession, and judicial authority has not set criterion toward the civil liability of CPA to judge by. Therefore, bettering the judging criterion on CPA's legal liability is the urgent issue to deal with.How to recognize CPA's legal liability? Can we consider Independent Auditing Standards as a judging criterion on the basis of which accountants should assume some of the negative consequences or compensation of civil liability? In fact, this could be attributed to the legal status of Independent Auditing Standards. Confirming the legal status of Independent Auditing Standards can not only prettily define the CPA's legal liability and protect the CPA's legitimate interests, but also can better Independent Auditing Standards, enhance audit quality, enhance the credibility of the audit profession and safeguard the investors interests. And on the basis of that, it is of great significance to achieve healthy development of the profession.Independent Auditing Standards formulated by the Association of Registered Accountants is to regulate the registered accountants, and play a guiding role for the registered accountants as the industry norms. It' s quite professional, sure the responsibility of a certified public accountant as independent auditing standards, will inevitably lead to difficulties in the application of non-professionals. Therefore it is necessary to introduce the application in independentThe dissertation defines the law concepts relative to CPA civil liability firstly, and then it focuses on the analysis of the legal status of Independent Auditing Standards of our country, and combines it with judicial practice.The article including introduction, body and conclusion . The following are the main points of the body.The first part briefly explain the concept of the independent auditing standards , then from the formation of auditing standards of the United States , In judicial practice in connection with his position on the legal status recognized auditing standards Analysis.The second part starting from the formation of our independent auditing standards, analyze the reason of affecting the legal status of independent auditing standards, and in light of China's actual situation shows that the importance and real possibility of establishing the independent legal status as audit guidelines.Part III of the independent audit criteria identified in the application of civil liability for certified public accountants, independent audit criteria will be applied to specific violations of civil and tort liability...