The 23rd session of the 14th National People’s Congress Standing Committee on June 26 passed amendments to the CPA Law, effective Jan 1, 2027. The revisions keep the law’s basic framework intact while emphasizing stronger Communist Party leadership, tighter supervision and stiffer accountability to address audit fraud and other sector deficiencies, with the stated aim of reinforcing CPAs’ gatekeeper responsibilities and promoting healthier industry development.

2026-06-26

The 23rd session of the 14th National People’s Congress Standing Committee on June 26 passed amendments to the CPA Law, effective Jan 1, 2027. The revisions keep the law’s basic framework intact while emphasizing stronger Communist Party leadership, tighter supervision and stiffer accountability to address audit fraud and other sector deficiencies, with the stated aim of reinforcing CPAs’ gatekeeper responsibilities and promoting healthier industry development.