Order of the Ministry of Finance on Issuing the Measures for the Registration of Certified Public Accountants
Order of the Ministry of Finance on Issuing the Measures for the Registration of Certified Public Accountants
Order of the Ministry of Finance on Issuing the Measures for the Registration of Certified Public Accountants
Order of the Ministry of Finance [2005] No. 25
January 22, 2005
The Measures for the Registration of Certified Public Accountants have been adopted at the executive meeting of the Ministry of Finance. They are hereby promulgated and shall be implemented as of March 1, 2005.
Jin Renqing Minister
Attached: Measures for the Registration of Certified Public Accountants
Article 1 With a view to regulating the registration of certified public accountants, the present Measures are formulated in accordance with the Law of the People's Republic of
Article 2 The present Measures shall apply to the persons applying for registration as certified public accountants.
Article 3 The institutes of certified public accounts of the provinces, autonomous regions, or municipalities directly under the Central Government (hereinafter referred to as the institutes of certified public accountants at the province level) shall be responsible for the registration of certified public accountants and relevant management work within their respective jurisdiction, the Chinese Institute of Certified Public Accountants shall offer guidance to the registration management work of the institutes of certified public accountants.
A certified public accountant engaging in the certified public accountancy under the law shall have obtained a Certified Public Accountant Certificate (hereinafter referred to as the CPAC) uniformly produced by the Ministry of Finance.
Article 4 Whoever meets any of the following conditions and have engaged in the practice of auditing within the territory of China for 2 years or more may file with the institute of the certified public accountants at the province level for registration:
1. Having passed the National Uniform Certified Public Accountants Examination; or
2. Having been lawfully certified or evaluated as eligible for being a certified public accountant.
Article 5 An applicant shall not be registered as a certified public accountant if he is under any of the following circumstances:
1. Being without complete civil capacity;
2. Having any record of criminal punishment and 5 years have not elapsed from the termination date of execution of the criminal punishment to the date of registration application;
3. Having been given an administrative punishment, removed from his post or subject to any severer sanction because he committed any serious mistakes in the finance, accounting, audit or enterprise management or in any other economic management work, and 2 years have not elapsed from the day when the punishment or sanction decision comes into effect to the day when a registration application is filed;
4.
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