Core Viewpoint - The article discusses regulatory actions taken against Tianjian Accounting Firm and Beijing Asia-Pacific Lianhua Asset Appraisal Company for deficiencies in their auditing and asset appraisal practices related to Tianli Lithium Energy Group Co., Ltd. for the year 2024 [1][17]. Group 1: Tianjian Accounting Firm Issues - Tianjian Accounting Firm and two registered accountants failed to select appropriate materiality benchmarks during the audit of Tianli Lithium Energy's 2024 annual report, not adequately considering the company's increasing importance over the past three years [2][6]. - The firm did not execute asset impairment testing procedures properly, failing to verify the accuracy of key parameters [7]. - The confirmation procedures were inadequately performed, with missing confirmations for bank account balances and incomplete records for accounts receivable [8]. - Revenue audit procedures were insufficient, with some revenue recognition lacking customer signatures or stamps, and incomplete records for revenue detail testing [9]. - Inventory audit procedures were not properly executed, with a lack of attention to the reliability of evidence for inventory stored off-site and incomplete records for cost and inventory data [11]. - R&D expense audit procedures were inadequately performed, with unverified original acceptance reports and interim reports lacking signatures and stamps [12]. Group 2: Beijing Asia-Pacific Lianhua Asset Appraisal Company Issues - The asset appraisal firm made errors in selecting or calculating certain parameters, including incorrect discount rates and city construction tax rates, as well as errors in capital expenditures and land use index calculations [17][18]. - There were inaccuracies in data predictions or records, such as errors in depreciation or amortization forecasts and incorrect historical operating conditions recorded in the asset appraisal report [18].
天健所、亚太联华评估收监管函！