财政部、证监会健全完善H股企业审计业务名单动态管理和市场退出机制

Core Viewpoint - The Ministry of Finance and the China Securities Regulatory Commission (CSRC) have issued a notification to supplement the list of accounting firms qualified to conduct audits for H-share companies, adding two more firms to the existing ten, with a focus on maintaining high-quality audit standards [1][2]. Group 1: Requirements for Inclusion - The notification outlines that accounting firms wishing to join the H-share audit list must meet several basic requirements, including completion of securities service business filing, a certain level of business income and registered accountants, and effective internal governance [1][2]. - Additional priority factors for consideration include high levels of information technology in practice activities, advanced information system construction, strong professional liability risk management capabilities, and substantial audit experience in H-share or other Hong Kong-listed companies [2]. Group 2: Management and Evaluation - The Ministry of Finance and CSRC will implement a dynamic management and market exit mechanism for the list, conducting annual comprehensive evaluations of H-share accounting firms based on their compliance with the basic requirements [3]. - The auditing income and business revenue will be based on the audited financial statements for the year 2024, allowing firms with overseas branches to consolidate their income from these branches under certain conditions [2]. - The Ministry of Finance will include H-share audit projects in its annual quality inspection program, ensuring ongoing oversight and compliance of the accounting firms involved [3]. Group 3: Regulatory Collaboration - There will be enhanced regulatory collaboration between the Ministry of Finance, CSRC, and Hong Kong authorities to ensure timely sharing of audit information and to strengthen the oversight of H-share accounting firms and registered accountants [3].