The Ministry of Finance recently issued guidance to promote accounting firms to strengthen the construction of basic standard systems, improve the standardization of internal management and services, and continue to improve the quality of practice and service capabilities.
The basic standard system is the policy, procedure and standard formulated and implemented by the accounting firm in a unified manner, which is followed by relevant laws and regulations, professional guidelines and regulatory requirements, and aims to promote the standardization, normalization and integration of internal management and services, and is the specific standard and operating procedures for the internal management and business operation of the accounting firm. The relevant person in charge of the Chinese Institute of Certified Public Accountants introduced.
The guidance issued this time clarifies the guiding ideology and basic principles for strengthening the construction of the basic standard system of accounting firms, and puts forward the overall goals of greatly improving the level of standardization, making the supporting role of standardization more significant, and laying a more solid foundation for the development of standardization.
The Guiding Opinions put forward specific tasks from four aspects: first, to build a guiding framework for the basic standard system; the second is to establish and improve the basic standard system; the third is to promote the implementation of the basic standard system and achieve results; Fourth, continue to improve the basic standard system. According to the Guiding Opinions, by the end of June 2025, accounting firms engaged in ** service business will generally build a relatively complete basic standard system, and implement it uniformly throughout the firm; Encourage other accounting firms to strengthen the construction of basic standard systems.
*: Xinhua News Agency reporter Shen Cheng).
Editor: Wang Rongfei].
*: Xinhua News Agency].