< Abstract> The Enron collapse in the UnitedStates will bring about a far-reaching and sig-nificant reform on the accounting system focus-ing on audit independence and accountingsupervision. The article focuses ...< Abstract> The Enron collapse in the UnitedStates will bring about a far-reaching and sig-nificant reform on the accounting system focus-ing on audit independence and accountingsupervision. The article focuses on the auditindependence issues in the United States. First,it summarizes issues concerning independence,then analyzes two reforms intended to strengthenindependence, namely, the separation of auditand management consultation, and periodic ro-tation of auditors. At last, it discusses the stand-point of the SEC.展开更多
It is the professional characteristics of the serviceprovided by the certified public accountants that makesshouldering of social responsibility a basic requirementfor the public accounting profession. The certifiedpu...It is the professional characteristics of the serviceprovided by the certified public accountants that makesshouldering of social responsibility a basic requirementfor the public accounting profession. The certifiedpublic accountant should take the safeguarding of publicinterests as the fundamental purpose. The article pointsout that the Institute should appropriately understandand manage the relationship between the professioninterest and the public interest, actively take measuresto strengthen the profession’s awareness of its socialresponsibility and to promote the public’s confidence inthe profession. Some unfavorable factors affecting thecertified public accountant’s fulfillment of the socialresponsibility are noted as well in the commentary. Theauthor believes all parties including the accountingprofession, the government agencies and the publicshould play important roles in promoting the certifiedpublic accountant’s social responsibility and putsforward four suggestions.展开更多
文摘< Abstract> The Enron collapse in the UnitedStates will bring about a far-reaching and sig-nificant reform on the accounting system focus-ing on audit independence and accountingsupervision. The article focuses on the auditindependence issues in the United States. First,it summarizes issues concerning independence,then analyzes two reforms intended to strengthenindependence, namely, the separation of auditand management consultation, and periodic ro-tation of auditors. At last, it discusses the stand-point of the SEC.
文摘It is the professional characteristics of the serviceprovided by the certified public accountants that makesshouldering of social responsibility a basic requirementfor the public accounting profession. The certifiedpublic accountant should take the safeguarding of publicinterests as the fundamental purpose. The article pointsout that the Institute should appropriately understandand manage the relationship between the professioninterest and the public interest, actively take measuresto strengthen the profession’s awareness of its socialresponsibility and to promote the public’s confidence inthe profession. Some unfavorable factors affecting thecertified public accountant’s fulfillment of the socialresponsibility are noted as well in the commentary. Theauthor believes all parties including the accountingprofession, the government agencies and the publicshould play important roles in promoting the certifiedpublic accountant’s social responsibility and putsforward four suggestions.
