CAERI(SH:601965) 梧桐树下V·2026-01-20 14:04Core Viewpoint - The article discusses the warning issued by the Chongqing Securities Regulatory Bureau against Lixin Certified Public Accountants and its auditors for deficiencies in the audit of China Automotive Engineering Research Institute Co., Ltd.'s 2024 annual report [1][3][4]. Group 1: Control Testing Issues - There were insufficient sample sizes for control testing, biased sample selection, and incomplete or contradictory documentation in the audit work papers, violating several auditing standards [3][4]. Group 2: Substantive Procedures Issues - The auditors failed to check the post-balance payment situations for significant accounts receivable clients, did not properly verify the valuation of non-current financial assets, and inadequately addressed abnormal responses in confirmation letters, leading to undetected irregularities in revenue recognition [3][4]. Group 3: Other Compliance Issues - The auditors did not determine the importance levels for various components and failed to document the rationale for selecting these levels in the work papers, which contravenes relevant auditing standards and disclosure regulations [4].