(PCPA注：This is a translation into English of the PRC Auditing Standard officially promulgated in Chinese. This English version is for reference only. The Chinese version should prevail in all cases.)

中国注册会计师协会　　 财会协字1995[48]号　　1995年12月15日

This preface explains the objectives and structure of China's Independent Auditing Standards of the Certified Public Accountants (hereinafter "CIASs") and the process of their preparations and issuance, and outlines their contents, enforceability and scope of application.

The Chinese Institute of Certified Public Accountants ("CICPA") is responsible for the interpretation of this preface.

I　The basis and objectives of the preparation of the CIASs

1 The CIASs are prepared in accordance with the PRC Certified Public Accountants Law.