Financial Reporting Overview - As of April 30, 2025, a total of 5,413 listed companies in the A-share market disclosed their 2024 annual financial reports, including 3,185 from the main board, 1,377 from the ChiNext board, 586 from the Sci-Tech Innovation board, and 265 from the Beijing Stock Exchange [1] - Among the companies that disclosed their reports on time, 192 received non-standard audit opinions, including 56 with unqualified opinions containing emphasis of matter, 35 with unqualified opinions containing going concern issues, 8 with both emphasis of matter and going concern issues, 72 with qualified opinions, and 21 with disclaimers of opinion [1] Revenue Recognition Issues - Some companies improperly used the time period method to recognize revenue and costs, leading to unreasonable recognition of revenue and costs during the reporting period [2][3] - Companies using pricing models linked to commodity indices incorrectly treated price fluctuations as variable consideration, failing to recognize revenue appropriately [4] - Certain companies did not properly account for sales rebates, leading to incorrect revenue recognition and liability classification [5] Long-term Equity Investments and Consolidation Issues - Companies incorrectly judged the scope of consolidated financial statements, failing to recognize control over subsidiaries due to protective rights in agreements [7][8] - Some companies improperly segmented subsidiaries for consolidation, failing to consider the overall control of the investment [8] - Companies made inappropriate adjustments to the consolidation scope, leading to inconsistent accounting treatment for the same equity transfer [9][10] Financial Instruments Recognition and Measurement Issues - Companies inadequately estimated expected credit losses, failing to group financial instruments based on credit risk characteristics [20][21] - Some companies incorrectly classified financial liabilities and equity instruments, leading to misstatements in financial reporting [22] - Companies failed to recognize financial liabilities related to the purchase of minority interests in a timely manner [23][24] Asset Impairment Issues - Companies did not appropriately recognize inventory impairment, particularly for customized products delivered but not yet accepted by customers [27] - Some companies failed to distinguish between prepaid accounts and other receivables, leading to improper impairment recognition [28] - Companies inadequately measured the recoverable amount of assets, using inappropriate valuation methods [29] Other Recognition and Measurement Issues - Companies improperly accounted for research and development expenses related to customized products, leading to potential misclassification [31][32] - Some companies incorrectly treated fixed asset repair costs, misclassifying them as operating expenses instead of capitalizing them [33] - Companies failed to appropriately recognize and measure construction in progress, leading to inaccuracies in financial reporting [34]

证监会强调，上市公司和会计师事务所等中介机构应高度重视会计监管报告指出的问题，及时改正财务 报告中存在的错误，进一步增强理解和执行企业会计准则和财务信息披露规则的能力，认真稳妥做好上 市公司财务报告信息披露相关工作，不断提升会计信息披露质量，促进资本市场高质量发展。 《报告》显示，总体而言，上市公司能够较好地执行企业会计准则和财务信息披露规则，但仍有部分上 市公司在收入、长期股权投资与企业合并、金融工具、资产减值、非经常性损益等方面，存在会计处理 或财务信息披露错误。 具体来看，在收入问题方面，有上市公司未恰当采用时段法确认收入和成本，未恰当核算点价模式下的 销售收入，未恰当处理销售返利，未恰当处理合同履约成本；在长期股权投资和企业合并相关问题方 面，有上市公司未正确判断合并财务报表范围，未恰当确认以"一揽子交易"方式分步实现非同一控制下 企业合并形成的商誉，未恰当处理非同一控制下企业合并或有对价；在金融工具确认与计量相关问题方 面，有上市公司预期信用损失计提不恰当，未正确区分金融负债和权益工具。 针对上述问题，证监会表示，下一步将持续跟进审阅发现的上市公司会计信息披露问题，严格按照规定 进行后续监管处理。进 ...

中国证监会表示，上市公司和会计师事务所等中介机构应高度重视会计监管报告指出的问题，及时改正 财务报告中存在的错误，进一步增强理解和执行企业会计准则和财务信息披露规则的能力，认真稳妥做 好上市公司财务报告信息披露相关工作，不断提升会计信息披露质量，促进资本市场高质量发展。 中国证监会组织专门力量抽样审阅了上市公司2024年年度财务报告，在此基础上形成了《报告》。总体 而言，上市公司能够较好地执行企业会计准则和财务信息披露规则，但仍有部分上市公司在收入、长期 股权投资与企业合并、金融工具、资产减值、非经常性损益等方面，存在会计处理或财务信息披露错 误。 针对上述问题，中国证监会表示，下一步将继续做好以下工作：一是持续跟进审阅发现的上市公司会计 信息披露问题，严格按照规定进行后续监管处理；二是进一步加强财务报告信息披露监管，持续完善监 管工作机制，提升监管效能；三是针对市场热点难点会计问题，加强实践指导，不断提升资本市场执行 企业会计准则和财务信息披露规则的一致性和有效性。 8月15日，证监会发布《上市公司2024年年度财务报告会计监管报告》(以下简称《报告》)。 截至2025年4月30日，A股市场共5413家上市 ...

针对上述问题，证监会表示，将持续跟进审阅发现的上市公司会计信息披露问题，严格按照规定进行后 续监管处理；进一步加强财务报告信息披露监管，持续完善监管工作机制，提升监管效能；针对市场热 点难点会计问题，加强实践指导，不断提升资本市场执行企业会计准则和财务信息披露规则的一致性和 有效性。 据悉，截至2025年4月30日，A股市场共5413家上市公司披露了2024年年度财务报告，其中主板3185 家、创业板1377家、科创板586家、北交所265家。按期披露年度财务报告的上市公司中，192家被出具 非标准审计意见。（记者刘羽佳、刘慧） 【纠错】 【责任编辑:王頔】 8月15日，中国证监会在官网发布上市公司2024年年度财务报告会计监管报告。报告显示，总体而言， 上市公司能够较好地执行企业会计准则和财务信息披露规则。 与此同时，仍有部分上市公司在收入、长期股权投资与企业合并、金融工具、资产减值、非经常性损益 等方面，存在会计处理或财务信息披露错误。 证监会资料图 ...

Summary of Key Points Core Viewpoint The report highlights the compliance and execution of accounting standards and financial information disclosure rules by listed companies in the A-share market, revealing areas of concern regarding revenue recognition, financial reporting, and accounting treatment. Group 1: Revenue Recognition Issues - Some companies improperly used the time-based method for revenue and cost recognition, leading to unreasonable income and cost reporting [4] - Companies failed to appropriately account for sales revenue under price-point models, treating price fluctuations as variable consideration instead of embedded derivatives [5] - Certain companies did not correctly handle sales rebates, misclassifying them as estimated liabilities rather than contract liabilities [6] - Companies inadequately managed contract performance costs, failing to recognize and amortize these costs in accordance with revenue recognition standards [7] Group 2: Consolidation and Financial Reporting - Some companies incorrectly determined the scope of consolidated financial statements, failing to recognize control over subsidiaries [8][9] - Companies made inappropriate adjustments to the consolidation scope, leading to inconsistent accounting judgments between interim and annual reports [10][11] - Certain companies misclassified portions of subsidiaries for consolidation, not adhering to the criteria for segmenting control [12] Group 3: Business Combination and Goodwill - Companies improperly recognized goodwill in step acquisitions, failing to determine the acquisition date correctly [13] - Some companies did not appropriately account for contingent consideration in business combinations, leading to misstatements in financial reporting [14][15] - Companies inadequately handled the accounting for performance commitments made by minority shareholders in business combinations [16][17] Group 4: Internal Transactions and Equity Accounting - Companies failed to properly account for internal transactions in consolidated financial statements, leading to misstatements in asset valuations [18][19] - Some companies did not appropriately recognize minority interests when disposing of subsidiary shares without losing control [20] Group 5: Financial Instruments and Credit Losses - Companies inadequately estimated expected credit losses, failing to differentiate between secured and unsecured receivables [21][22] - Some companies misclassified financial liabilities and equity instruments, leading to incorrect financial reporting [23][24] - Companies did not timely recognize financial liabilities related to purchasing minority interests [25] Group 6: Asset Impairment and Measurement - Companies failed to appropriately recognize inventory impairment, particularly for customized products delivered but not accepted [27] - Some companies misclassified prepayments and other receivables, leading to incorrect impairment assessments [29] - Companies inadequately measured the recoverable amount of assets, using inappropriate valuation methods [30][31] Group 7: Other Recognition and Measurement Issues - Companies improperly accounted for research and development expenses related to customized products, leading to potential misclassification [32][33] - Some companies misclassified fixed asset repair costs, treating them as operating expenses instead of capitalizing them [34] - Companies failed to correctly handle the accounting for construction in progress, leading to misstatements in asset valuations [35] - Some companies did not appropriately account for penalties paid for lease terminations, misclassifying them in financial statements [36][37] - Companies inadequately recognized estimated liabilities related to the transfer of subsidiary shares, leading to misstatements in financial reporting [38] - Some companies failed to properly account for deferred tax assets related to share-based payments [39] - Companies did not correctly distinguish between changes in accounting estimates and prior period errors, leading to potential misstatements [40][41]

Core Viewpoint - The article discusses the financial reporting status of A-share listed companies in China for the year 2024, highlighting the compliance with accounting standards and the need for improved financial information disclosure [2]. Group 1: Financial Reporting Overview - As of April 30, 2025, a total of 5,413 A-share listed companies disclosed their 2024 annual financial reports, including 3,185 from the main board, 1,377 from the ChiNext board, 586 from the Sci-Tech Innovation board, and 265 from the Beijing Stock Exchange [1]. - Among the companies that disclosed their reports, 192 received non-standard audit opinions, with 56 having unqualified opinions with emphasis of matter, 35 with unqualified opinions related to going concern, 8 with both emphasis of matter and going concern, 72 with qualified opinions, and 21 with disclaimers of opinion [1]. Group 2: Regulatory Insights - The China Securities Regulatory Commission (CSRC) conducted a review of the 2024 annual financial reports, finding that while most companies adhered to accounting standards, some had errors in revenue recognition, long-term equity investments, financial instruments, asset impairment, and non-recurring gains and losses [2]. - The CSRC plans to continue monitoring the identified accounting disclosure issues, enhance the regulatory framework for financial reporting, and provide practical guidance on challenging accounting issues to improve consistency and effectiveness in the capital market [2]. - Companies and accounting firms are urged to address the issues highlighted in the regulatory report, improve their understanding and execution of accounting standards, and enhance the quality of financial information disclosure to support high-quality development of the capital market [2].

Core Viewpoint - The article discusses the financial reporting status of A-share listed companies in China for the year 2024, highlighting the compliance with accounting standards and the issues identified by the China Securities Regulatory Commission (CSRC) in their review of these reports [2][3]. Group 1: Financial Reporting Overview - As of April 30, 2025, a total of 5,413 A-share listed companies disclosed their 2024 annual financial reports, including 3,185 from the main board, 1,377 from the ChiNext board, 586 from the Sci-Tech Innovation board, and 265 from the Beijing Stock Exchange [2]. - Among the companies that disclosed their reports, 192 received non-standard audit opinions, with 56 having unqualified opinions with emphasis of matter, 35 with unqualified opinions regarding going concern, and 72 with qualified opinions [2]. Group 2: Regulatory Findings and Actions - The CSRC conducted a sampling review of the 2024 annual financial reports and found that while most companies adhered to accounting standards, there were still issues in areas such as revenue recognition, long-term equity investments, financial instruments, asset impairment, and non-recurring gains and losses [3]. - The CSRC plans to enhance its regulatory efforts by following up on the identified accounting disclosure issues, improving the regulatory framework, and providing practical guidance on accounting issues that are of market concern [3]. - Companies and intermediary institutions are urged to address the issues highlighted in the accounting regulatory report promptly and to improve their understanding and execution of accounting standards and disclosure rules [3].