Draft CPA Act Amendment Clears Initial Review, Adds Estate Administration to Accountants’ Services

Taiwan’s current Certified Public Accountant Act lists serving as an executor of a will among the services accountants may provide, but does not explicitly include estate administration, which likewise involves financial and tax matters. Because accountants understand estate taxation and are bound by professional ethics, the amendment would help the public identify qualified professionals they can retain, reduce the risk of estate assets being dissipated and protect the rights of decedents and creditors.

On July 1, 2026, the Legislative Yuan’s Finance Committee approved at initial review a draft amendment to the Certified Public Accountant Act proposed by Wu Ping-jui, Kuo Kuo-wen and 18 other lawmakers, adding estate administration to the services accountants may provide. The ban on accountants concurrently holding positions at state-owned enterprises would be narrowed to salaried directors, supervisors and managers with primary decision-making responsibility. The draft would also authorize the National Federation of CPA Associations of the R.O.C. to set qualification requirements for assistants involved in sustainability information assurance, subject to approval by the competent authority.