Research on particularity in the frame construction of corporate governance of Chinese certified public accountants profession

摘要

The profession of Chinese certified public accountants (CPA) has the particularity in corporate governance, which is mainly reflected in the following basic elements of corporate governance framework: Shareholders, board of directors, managers, government supervision agencies, professional self-regulatory organization, employees, other stakeholders, markets and information disclosure. The particularity is not recognized in practice, which results in the imperfectness in corporate governance of the profession. The quality of audit reports is affected accordingly. In order to improve the quality of audit reports, this paper makes researches on the special nature of corporate governance framework of CPA profession, extracts the worldwide successful experience in corporate governance, and puts forward some measures to solve these problems.