Accounting Services Market Access And Legal And Regulatory Mechanisms Research

Under the comprehensive guidance theories of economics, accounting and law science, adopting the research methods of historic analysis, comparative analysis and positive analysis, and basing on the current law and regulations, the author in this paper have made an approach to the issues of market entry and legal supervision mechanism about accounting service industry. By referring to the experience of opening market to the outside world and legal supervision mechanism of major western countries with developed market economy, and basing on actual situation in China, the author advances some immature views; he also puts forward his suggestion on the improvement of supervision mechanism. The paper falls into three parts in addition introduction and conclusion with about 35,000 words.Part one introduces the definition of accounting service, historic development and present situation of accounting service industry in China and major western countries. It also points out two major legal problems facing the development of accounting service industry in our country: market entry and legal supervision.Part two firstly introduces some regulations of WTO on market entry of accounting service industry, and analyses the practice of major western countries in the field. Then, it introduces the process of opening to the outside world of accounting service industry of our country, and analyses the significance and challenge the opening of market to the outside world means to accounting services industry, and points out the obstacle of market entry caused by current laws of our country. Basing on the promise we have made when entering WTO, the author makes an analysis of the significance of making use of the regulations of WTO and domestic law to promote market opening and to face the challenge.Part three first makes a comparative study of accounting supervision mechanism of four major western countries, hence generalizes two models of legal supervision, then it analyses the characteristics, the socialbackground and possible reform of these two supervision models. The paper also analyses concisely the legal responsibility system of the west countries. And last, it discusses the trend of Chinese economy in the future. Basing on the analysis of western legal supervision mechanism discussed earlier, the author constructs the legal supervision mechanism that fits Chinese actual situation, that is, a supervision mechanism that operates on the basis of self-regulation, under the supervision of government, and guaranteed by laws. The author believes that such a mechanism is neither that of Britain or America, nor that of France or Germany. It is a mechanism that adopts the advantages of mechanisms of other countries on the basis of Chinese actual situation. Basing on this legal supervision frame, the author constructs punishment institution, checking institution, and re-auditing institution for self-regulation system and he also proposes government instruction systems, legal responsibility systems and saving insurance institution.