Problems of Hongkong Certified Public Accountants and Mainland China Certified Public Accountants

1, Examination Form and Registration Conditions for Hong Kong Certified Public Accountants:

The Hong Kong Professional Qualification Examination is a training-oriented examination, which is divided into four unit exams and a final exam. The exam is in English. The four unit exams are financial report, audit and information management, financial management and taxation. The final exam is a comprehensive evaluation of knowledge using four units. Each unit test is divided into two parts: written test and group discussion. The written test is mainly subjective.

The entry requirements for professional qualification courses in Hong Kong are higher than those in the Mainland. In addition to the undergraduate degree recognized in Hong Kong, corresponding training is also needed.

2. Types and registration conditions of CPA examination in the Mainland:

China's CPA examination adopts the form of (6+ 1), that is, six courses in professional stage and comprehensive stage. The requirement for taking the exam is college degree or above. Undergraduate seniors and junior college students can take the exam as fresh graduates. The general examination fee is calculated according to the subject, and each subject varies according to the region where you apply. Shanghai 55 yuan/Department.

Generally, you can take the exam 2-3 times every six months. It will take 3-5 years to get all the CPA certificates.

* * * The accountants in both places are the same:

On August 27th, 2004, in order to promote the common development of certified public accountants in the Mainland and Hong Kong, the Accounting Department of the Ministry of Finance of People's Republic of China (PRC) and the Financial Affairs and the Treasury Bureau of the Hong Kong Special Administrative Region signed the Agreement on Mutual Exemption of Some Examination Subjects for Certified Public Accountants in the Mainland and Hong Kong on the basis of joint research with the certified public accountants associations in the two places.

According to the agreement, those who take the unified national examination for certified public accountants in the Mainland and pass the general examination should apply for the professional qualification course of the Hong Kong Institute of Certified Public Accountants.

The two unit subjects of "Financial Management" and "Audit and Information Management" can be exempted from examination; Those who take the professional qualification course examination of the Hong Kong Institute of Certified Public Accountants and pass the general examination may be exempted from the two examination subjects of "financial cost management" and "audit" when signing up for the unified national examination for certified public accountants in the Mainland.