Group 1 - Xinyong Zhonghe Accounting Firm has come under regulatory scrutiny again, with the Shenzhen Stock Exchange issuing a regulatory letter on August 15, highlighting five serious violations in the audit of Hailian Jinhui's 2023 financial statements [2] - The violations include inadequate execution of key audit procedures, insufficient risk assessment, lack of revenue and inventory audit, deficiencies in confirmation procedures, and oversight in quality review [2] - The firm has been named by regulators for the ninth time in 2025, previously facing significant penalties for major omissions or false records in audit reports for companies such as Zhongtai Chemical, Xike Agriculture, and Hengxin Xili, totaling fines of 14.349 million yuan [4] Group 2 - Regulatory data indicates a frequent occurrence of compliance issues within the auditing industry, with 38 accounting firms receiving penalties from the CSRC, local regulatory bodies, or exchanges, totaling 146 fines as of August 17 [4] - Among these, 16 firms were ordered to rectify and had their income penalized, accounting for approximately 42% of the total, with fines typically ranging from 2 million to 50 million yuan [4] - The increased frequency of regulatory actions against firms like Xinyong Zhonghe highlights persistent issues within the industry, prompting calls for accounting firms to enhance internal controls and professional skepticism to mitigate financial fraud risks and protect investor interests [4]
信永中和再收监管函 年内九度被点名 今年合计被罚没超1400万元
Xi Niu Cai Jing·2025-08-20 07:09