40天22家会计所被点名！监管重拳移向资本市场“新焦点”

Core Viewpoint - The regulatory focus on accounting firms has intensified, with 22 firms named by the China Securities Regulatory Commission (CSRC) within 40 days, indicating a shift towards stricter accountability for intermediaries in the capital market [1][2][3]. Regulatory Actions - From January 1 to February 9, 2026, 22 accounting firms were named by the CSRC, with three firms—Zhongxinghua, Zhongxing Caiguanghua, and Lianda—receiving severe administrative penalties [2][3]. - An average of one warning letter was issued every two days, with 21 firms receiving such letters during the same period [2][3]. Focus on Accountability - The increased scrutiny aims to enforce audit responsibilities and enhance the quality of listed companies, thereby purifying the market ecosystem [1][3]. - The regulatory actions signify a new phase of stringent oversight on accounting firms, which are now viewed as critical gatekeepers in the capital market [3][4]. Key Issues Identified - Common deficiencies among the penalized firms include inadequate response to revenue fraud risks and a lack of professional skepticism [5][6]. - Audit procedures were often superficial, failing to gather sufficient and appropriate evidence, with significant lapses in the execution of core audit processes [6][8]. Systemic Problems - Warning letters have highlighted systemic issues within the industry, including failures in internal governance and quality control mechanisms [8][9]. - The regulatory focus has shifted towards the overall operational integrity of accounting firms, emphasizing the need for unified management and independence in auditing practices [9][10]. Conclusion - The regulatory environment is evolving towards a model that combines specific accountability for individual audit failures with broader systemic reforms aimed at enhancing the overall quality and integrity of the auditing profession [10].