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Certified Public Accountant Certification Services

Posted on:2005-02-16Degree:MasterType:Thesis
Country:ChinaCandidate:H LiFull Text:PDF
GTID:2206360122980720Subject:Accounting
Abstract/Summary:PDF Full Text Request
1.Background and Purpose of Research:The arrival of new-world economic, the broken of Anron scandal and Sarbanes Oxley Act have brought great changes to the CPA. The public's demand of independence to the CPA has restricted the extension of firm's business scope. Traditional auditing faces the high risk and reduced margin. The crucial factor of how to develop the new business is innovation, that is to develop some new businesses to these changes.In the long history of profession's development, auditing has always been the major business, and by it, the profession is regarded as the independent and objective expert of financial information. But the CPA serves the other business which has caused to lose the leading position. Now, the consulting service, auditing and tax service stand like a triangle. A lot of CPA firms begin to march into assurance service market. The services are more profitable and welcomed by the customer compared with traditional auditing. According to a questionnaire launched by the AICPA, the first 20 CPA firms in American think that the variety of this service that they can offer reaches more than 200 kinds. At present, AICPA and CICA provide the services as the web-trust assurance service, information system assurance service, business performance and elder-care services, etc.The Anron scandal makes the public suspect on the CPA's independence because of the provision of consulting service. The issue of 2001 Sarbanes Oxley Act restricts the consulting services to the same client which receive auditing service. Under this environment, discussing assurance services has strategic meaning to CPA's development. The thesis mainly researches relevant theory about assurance services and gives some meaningful suggestions. 2.Research Thought The thesis extends along the train of thought: First, introduce the current situation of assurance services' development in the world, regarding practice as the logic starting point. Then probe into the relevant theoretical question of the new business, in order to make the theory and practice combined better. Two kinds of representative services will be introduced to make readers deeper in knowledge of the business, which include web-trust and information system assurance service, Finally, considering our special national conditions on the basis of the above part, put forward the author's own suggestion.3.Framework and Main pointsThe thesis is composed of two parts, the introduction and the main body. The Introduction gives readers a clear idea of the discussion target and its backgrounds, making a good start to further discussion. The text is divided into four parts:Part One is about the current development of CPA assurance services. It introduces the overseas research about the business at present and takes international BIG 5 as examples, that the proportion of new business is more than 30%, there is blue print for good growth. Especially after the Anron scandal broke out, in order to resume investors the confidence to the security market, U.S.A. issued Sarbanes Oxley Act, which has positive influence to launch the new business. For the rapid development of assurance services in the whole world, the international strategic committee under AICPA set out the research to the business. At the end of this part, author probes into the reason why the new business produces mainly, and draws the conclusion that the reason is environment changing and fierce competition.Part Two covers basic theoretical problems of assurance services. This part includes basic information of CPA assurance services, such as its definition, the difference to auditing, attestation and consulting services, component factors, classification, standards for CPA assurance services and the legal responsibility. In a word, this part expatiates theoretically on related matters about CPA assurance services, giving a systemic definition to the new services. Part Three mainly introduces the two kinds of representative services: The web-trust and information sy...
Keywords/Search Tags:Assurance Services, Web-Trust Assurance, Information System Assurance Service
PDF Full Text Request
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