致同所及2名会计师收警示函！

Core Viewpoint - The article discusses the administrative regulatory measures taken by the Guangxi Securities Regulatory Bureau against Zhihong Accounting Firm and its personnel due to deficiencies identified in the audit of Guangxi Wuzhou Transportation Co., Ltd.'s 2024 annual report [1][3]. Group 1: Risk Assessment Procedures - The audit team failed to adequately understand the audited entity and its environment, leading to inaccuracies in the records of significant components' operational conditions and accounting policies [3]. - There was insufficient understanding of the internal control activities of the audited entity, particularly regarding inventory cycle business controls, as they did not obtain signatures from inventory personnel and monitors on the inventory count sheets [3]. Group 2: Substantive Procedures for Revenue - The audit procedures were inadequate, as the team did not sufficiently address abnormal situations in certain businesses and failed to maintain reasonable professional skepticism [4]. - Analysis procedures were lacking, particularly regarding abnormal situations where gross profit margins were negative, which were not adequately analyzed [4]. - Confirmation procedures were insufficient, as reliable responses were not obtained from certain important clients, and alternative procedures were not executed [4]. Group 3: Project Review - Prior to issuing the audit report, the team did not improve certain audit procedures as per review comments, which is a violation of quality management standards [5]. Group 4: Other Issues - The audit engagement letter was signed after the actual audit work had commenced, which is against the stipulated regulations [6]. - The documentation and archiving of audit working papers were not conducted in a standardized manner, violating relevant auditing standards [6]. - The actions of the audit team were found to be in violation of the Information Disclosure Management Measures for Listed Companies, leading to the issuance of a warning letter and recording in the securities market integrity archive [6].