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Is there any risk in relying on the company to obtain the CPA certificate?
Some people say that independent directors of general companies, especially listed companies, need accounting professionals (senior accountants, certified public accountants), so there are certified public accountants who can serve. First of all, many of the accounting professionals required in the qualifications for independent directors are actually held by university professors, well-known firms, and qualified relatives and friends of various shareholders and executives. The independent directors themselves are hired by the shareholders' meeting. , what is needed is that independent directors do not mess around and keep pace with other major shareholders, otherwise independent directors will not last long. Therefore, only those who know the basics or have the endorsement of recommenders can be reliable. No independent director is appointed through open recruitment channels based on professional ability. At present, the number of listed companies in China has just exceeded 3,000. There is no specific statistics on whether the number of independent directors with qualifications has reached 1,000. This may be due to the fact that many independent directors hold positions in several companies at the same time, so they work in listed companies. The number of independent directors should be less than 1,000, and a very small number of unlisted companies have independent directors who are accounting professionals. Therefore, only a small number of qualified CPAs can have this opportunity, less than 5‰ of the total number of CPAs (practicing and non-practising). It is more difficult to squeeze into this path than to take the Shu road.
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