Certified Public Accountant Act Article 74
This English translation was last updated on 2018-01-31, but the Chinese text was amended on 2026-08-05. Later amendments may not be reflected in the translation — please refer to the Chinese text.
(Penal Provisions)An incorporated CPA firm shall be subject to an administrative fine of not less NT$500,000 and not more than NT$10 million under any of the following circumstances:1. Practice is performed by a party other than a shareholder, in violation of Article 30, paragraph 1.2. The firm violates Article 34, paragraph 1 or 2 and is ordered by the competent authority to cure the violation within a prescribed time period but the violation remains uncured upon expiration of that period.3. The firm fails to faithfully fulfill the duty to perform management and oversight, thereby allowing a shareholder, by violating Article 48 or 49, to materially harm the interests of an interested party or the public.