An accounting firm refers to an intermediary service institution that independently undertakes CPA business according to law. It is composed of accountants who have a certain accounting professional level and have obtained certificates through examination (such as China Certified Public Accountant, American Certified Public Accountant, British Chartered Accountant, Japanese Certified Public Accountant, etc.). ), and entrusted by the parties to undertake business related to auditing, accounting, consulting and taxation. China implements a license management system for accounting firms and certified public accountants engaged in securities-related business.
Accounting consulting firms undertake the following businesses: ① check accounting accounts and issue audit reports; (2) Design financial accounting system to guide the implementation of the system; (three) to provide advice and opinions on financial accounting issues; (4) Handling income tax declaration, patent application, registration of enterprise establishment and change, liquidation of creditor's rights and debts, liquidation of enterprise dissolution, etc. ⑤ Participate in drafting articles of association, economic contracts, agreements, contracts and various documents related to financial accounting; ⑥ Acting as an agent for mediation and arbitration of economic disputes and economic cases; ⑦ Serve as the perennial accounting consultant of the entrusting unit and handle the above business.
An accounting firm refers to a social intermediary institution established according to law to undertake the business of certified public accountants. Firms must join the Institute of Certified Public Accountants and accept the guidance, supervision and management of the Institute. There are two main organizational forms of firms: partnership firms initiated by certified public accountants or units and limited liability firms. The partnership firm is established by a certified public accountant who meets the prescribed conditions, and a written partnership agreement is signed, with a capital contribution of * * *. A limited liability firm initiated by a certified public accountant or unit refers to a firm initiated by a qualified certified public accountant or unit and approved by the relevant department. The registered accountant or unit established shall bear civil liability for the debts of this firm with its capital contribution, so all its assets shall bear civil liability for its debts.
Legal basis:
Article 14 of the Law on Certified Public Accountants, certified public accountants undertake the following audit services:
(1) Examining the accounting statements of enterprises and issuing audit reports;
(2) Verifying the capital of the enterprise and issuing a capital verification report;
(three) to handle the audit business in matters of enterprise merger, division and liquidation, and issue relevant reports;
(4) Other audit services as stipulated by laws and administrative regulations.
The report issued by a certified public accountant in carrying out audit business according to law has the effect of proof.
Fifteenth certified public accountants can undertake accounting consulting and accounting services.
Article 16 The business undertaken by a certified public accountant shall be accepted by the accounting firm where it belongs, and an entrustment contract shall be signed with the client.
An accounting firm shall bear civil liability for the business undertaken by its certified public accountants in accordance with the provisions of the preceding paragraph.