中审众华、中兴财光华收警示函！

Core Viewpoint - The Zhejiang Securities Regulatory Bureau issued warning letters to two accounting firms, Zhongshun Zhonghuan and Zhongxing Caiguanghua, due to inadequate audit procedures in their respective financial statement audits for 2024 [1][16]. Group 1: Zhongshun Zhonghuan Accounting Firm - The firm failed to execute control testing procedures adequately, including not performing walkthrough tests for key controls such as inventory and fixed asset counts [2][3]. - The firm did not properly execute confirmation procedures, including issues with sample selection and verification of response addresses [4]. - There were deficiencies in the audit procedures for external investments, fixed assets, and construction projects, including a lack of analysis on the reasonableness of high-value investments and insufficient sample sizes for fixed asset verification [5][7]. - The audit procedures for prepaid and accounts payable were inadequate, with missing contracts and discrepancies in payment records [8]. - Revenue and cost audit procedures were not executed properly, lacking classification analysis and verification of cost calculations [9][11]. - The firm did not adequately utilize expert work procedures, failing to review key assumptions and parameters [13]. - Errors and omissions were found in the audit working papers, indicating a lack of logical coherence [14]. Group 2: Zhongxing Caiguanghua Accounting Firm - The firm exhibited insufficient execution of control testing for business processes [16]. - There were inadequacies in substantive procedures, particularly in confirmation processes and analysis of abnormal gross margin changes [17]. - Errors were noted in the content of some audit working papers, indicating a lack of compliance with auditing standards [18].