As independent professionals in the modern economy, Certified Public Accountants (CPAs) primarily provide audit, capital verification, and asset appraisal reports, which are closely related to the interests of a wide range of third-party users. Given their public responsibility, industry auditing and appraisal standards require CPAs to adhere to a unified set of professional standards. A reduction in fee levels cannot be used as a justification for lowering service quality or reducing audit responsibilities. It is precisely due to these characteristics that the industry is required to maintain relatively uniform fee standards for the same services. Excessively low fees cannot guarantee qualified services!
The Notice on Issuing the Relevant Provisions on the Administration of Service Fees for Accounting Firms, issued by the Jiangsu Provincial Price Bureau and the Department of Finance and implemented on September 1, 2010, provides unified standards for the fees of various services. The standards are mainly calculated based on the total assets. We will also consider various reasonable factors such as the scope of the audit, special requirements of report users, the status of accounting fundamentals, the level of risk, specific audit requirements, the seniority of participating personnel, and working hours when determining fees. If you have specific service requirements, please contact our director, department managers, or project managers. We will provide a reasonable quotation based on your specific circumstances and the fee standards. The following are the relevant fee standards from the Measures for the Administration of Fees for Intermediary Services of Accounting, Auditing, Taxation, and Assets Appraisal issued by the Jiangsu Provincial Price Bureau:
