Registered Accountants To Participate In The Stock Market False Information Disclosure Civil Liability

In recent years, the phenomena that Certified Public Accountants participate in the false information disclosure cases in the current security market is growing。Certified Public Accountants in these cases as participants or leading roles, not only jeopardizing the stock investors, but also seriously affected the normal order and public accountants industry itself。Certified Public Accountants as"gatekeeper"in the security market has been questioned。And more people pay attention to the Certified Public Accountants's civil liability in the stock market for the false information disclosure。Compare to the other countries which formulated the mature system of civil liability of Certified Public Accountants ,our country for the Certified Public Accountants's civil responsibility provisions should to be strengthened。The United States not only formulated relatively clear-cut law for public accountants audit report that include any misrepresented information caused loss of investors ,but also established a more comprehensive information disclosure of the civil liability for compensation system。Our country also formulate some provision about the certified Public Accountants's civil liability, but the provisions of this principle are too general and unpractical。So, how to improve the current China's Certified Public Accountants'civil responsibility system is a priority。The text discuss Certified Public Accountants's civil liability for damages in principle, The nature of the civil liability, the immunity of civil liability, combined with the relevant laws and regulations of the research and analysis of the certified public accountants in information disclosure of securities market, and through perfecting legislation and public accountants's civil responsibility system ,strengthen quality of the Certified Public Accountants Practice, establish information disclosure compensation mechanism for the civil protection measures to improve the Certified Public Accountants's civil liability。...