Research on Non-Audit Services of Certified Public Accountants

Author: Lin Qiyun
Publisher:
Publish Date: 2002-12-01
Features: Series of Three Friends Accounting. Certified Public Accountants (CPAs) establish an image of independent, objective, and impartial information experts by providing statutory audit services. However, as the service market for CPAs continues to develop and their service scope expands, the accounting and auditing services of CPAs in developed countries like the United States have gradually lost their dominant position in fierce market competition. In China, CPA services still primarily focus on auditing, with the audit revenue of most accounting firms exceeding 80%. The development of non-audit services is significantly insufficient, reflecting that China's CPA services remain in a single and low-level stage of development, with a clear gap compared to the diversified service structure of CPA service markets in developed countries. Through this research, the development process and current status of non-audit services for CPAs will be described in detail, the main impacts of non-audit services will be analyzed, the reasons for the underdevelopment of non-audit services in China will be explained, and theoretical foundations and countermeasures will be provided to accurately position and promote the future development of China's CPA service market.