Eight breakthroughs of the new auditing standards from the angles of audit profe ssionals and the public

Being the significant achievements of Chinese auditing s ta ndards system establishment, the new issued 48 auditing standards will be enforc ed and effect on the practice deeply. From the angles of audit professionals and the public, the article points out eight breakthroughs of the new auditing stan dards, which includes: widening the work scope of CPAs, strengthening the CPA's responsibility in revealing accounting frauds, etc.