Abstract: Aim To study the problem in development of certified public accountant(CPA) profession and make some proposals. Methods The main problem hindering the development of China's public accountancy profession was analyzed and studied from the external conditions and internal factors. Results To contribute to the development of China's public accountancy profession, efforts should be made in two fields. Firstly, it is necessary that the government provide good external condition, including to set up the CPA firm in partnership, reinforce the legislation in profession, and so on. Secondly, the CPA's professional construction should be reinforced, for example, to raise all CPA's professional ability, perfect the managemental system, and so on. Conclusion In order to bring the role of CPA in the market economy into full play, efforts should be made in the development of professional regulation and standards concerning service environment and self regulation of CPA.