FPT(SZ:300256) 梧桐树下V·2025-12-14 11:03Core Viewpoint - The article discusses the disciplinary actions taken against Da Xin Accounting Firm and its auditors for violations during the audit of Star Technology's financial statements for 2019 and 2020, highlighting the importance of compliance and risk management in the accounting industry [1][4]. Summary by Sections Disciplinary Actions - On December 12, the Shenzhen Stock Exchange announced disciplinary actions against Da Xin Accounting Firm and auditors Guo Anjing, Chen Wei, and Zhu Ceming for multiple violations during the audit of Star Technology's financial statements for 2019 and 2020 [1]. - Guo Anjing received a public reprimand, while Da Xin, Chen Wei, and Zhu Ceming received a notice of criticism [1][10]. Previous Penalties - The China Securities Regulatory Commission (CSRC) had previously imposed administrative penalties on Da Xin, including the confiscation of business income of approximately 3.3962 million yuan and fines totaling 9.5 million yuan, leading to a total penalty of 14.4962 million yuan [1]. - By 2025, Da Xin had accumulated penalties exceeding 47.5 million yuan from various regulatory bodies for similar violations [1]. Violations Identified - The audits for Star Technology's 2019 and 2020 financial statements contained false records due to fabricated sales, leases, and other financial manipulations [4][5]. - Da Xin failed to exercise due diligence during the audits, particularly in verifying the authenticity of transactions and maintaining professional skepticism [5][6][7]. Specific Audit Failures - In the 2019 audit, Da Xin did not adequately investigate the authenticity of sales transactions, leading to significant discrepancies between reported figures and actual transactions [5][6]. - In the 2020 audit, issues included inadequate internal control testing and failure to address anomalies in revenue recognition and accounts receivable confirmations [7][8][9]. Consequences of Violations - The actions of Da Xin and its auditors violated the Shenzhen Stock Exchange's listing rules, resulting in formal disciplinary measures [10]. - The article emphasizes the increasing costs of non-compliance for accounting firms and the critical need for robust risk management and compliance frameworks in the industry [1].