Core Viewpoint - The article discusses a landmark case regarding the liability of intermediary institutions in securities false statements within the New Third Board market, emphasizing the application of the "presumed reliance principle" in establishing causation for investor losses [2][7]. Summary by Sections Basic Case Facts - In December 2013, a technology company's stock was publicly listed on the New Third Board, with a securities company acting as the lead underwriter and an accounting firm providing audit reports [3]. - In June 2017, a new audit report revealed significant internal control deficiencies in the technology company, leading to a sharp decline in its stock price [3][4]. Court Ruling - The Shanghai Financial Court ruled that investors relied on market prices for their investment decisions, allowing for the application of the "presumed reliance principle" [5]. - The lead underwriter was found liable for failing to conduct adequate due diligence during the listing phase, while it was not held liable during the ongoing supervision phase due to the lack of regulatory requirements for substantive review of financial data [5]. - The accounting firm was deemed to have significant deficiencies in its audit procedures, leading to a 20% liability for the losses incurred by investors [6]. Significance of the Ruling - This case is the first of its kind in the New Third Board market, clarifying the responsibilities of intermediary institutions in different phases of the listing process [7]. - It establishes that the nature of due diligence obligations must be differentiated and that the liability of intermediary institutions should be assessed based on compliance with regulatory standards and industry practices [7].

Group 1 - The Jiangsu Provincial Audit Office has launched a large-scale audit investigation to track the implementation of equipment renewal and consumer goods replacement policies, aiming to enhance market vitality [1] - The audit focuses on four key areas: the organization of "two new" policy measures, management of large-scale equipment renewal projects, implementation of consumer goods replacement actions, and the allocation and management of "two new" funds [1] - The investigation will assess the scientific nature of policy measures, completion of target tasks, effectiveness of policy implementation, and the efficiency of policy support measures [1] Group 2 - The audit will examine the authenticity of application materials, the standardization of project reviews, and the consistency between project construction and approvals for equipment renewal projects [1] - It will also evaluate the convenience of subsidy procedures, timeliness of subsidy fund disbursement, and authenticity of subsidy recipients in the consumer goods replacement policy, particularly in sectors like automobiles and home appliances [1] - The audit will focus on the rationality of fund allocation methods, timeliness of fund disbursement, and compliance in the use of funds related to ultra-long-term special government bonds [1]

Group 1 - The company announced the appointment of Tianjian Accounting Firm (Special General Partnership) as the auditor for the fiscal year 2025 [2]

Core Viewpoint - Sanjia Technology announced the approval of key resolutions at its fourth extraordinary general meeting of shareholders for 2025, including the appointment of a new auditing firm and a loan application [1] Group 1: Audit and Financial Oversight - The company has appointed Rongcheng Certified Public Accountants (Special General Partnership) as the auditing firm for its 2025 financial report and internal control audit [1] - This change in auditors may reflect the company's strategy to enhance financial oversight and compliance [1] Group 2: Loan and Financial Support - Sanjia Technology and its subsidiaries have proposed to apply for comprehensive loan credit from banks [1] - This move indicates the company's intention to secure additional financial resources to support its operations and growth initiatives [1]

Core Points - Dah Sing Bank Group has announced the appointment of KPMG as the external auditor for the company and its subsidiaries for the fiscal year ending December 31, 2026 [1] - The current auditor, PwC, will retire at the end of the company's annual general meeting in 2026, with KPMG's appointment taking effect immediately after [1]

Core Insights - The audit in Hainan Province completed 107 projects last year, focusing on various aspects such as policy implementation, financial performance, major project construction, and risk prevention, resulting in the identification of 44.28 billion yuan in irregularities and the establishment of 139 regulatory measures [1][2] Group 1: Audit Achievements - Hainan's audit efforts were aligned with the goal of supporting the Hainan Free Trade Port's closure operations, emphasizing the importance of economic order and healthy development [1] - The audit revealed significant issues in fiscal management at both provincial and municipal levels, indicating a need for improved fund allocation and performance [2] Group 2: Future Audit Focus - In 2024, Hainan plans to enhance audit resources at the grassroots level, targeting micro-corruption and ensuring equitable access to public services for citizens [1][2] - The audit will prioritize safeguarding public welfare and addressing issues related to financial discipline, aiming to ensure that benefits from the Free Trade Port development are fairly distributed [2]

同时，大信所在冠昊生物2023年年审项目中，存在审计业务约定书签署日期晚于实际审计工作开始时 间、项目质量复核人员未签署项目独立性声明、质量复核程序执行不到位，以及审计工作底稿未按期归 档等问题。 大信所的上述行为违反了深交所《创业板股票上市规则(2023年8月修订)》第1.4条的规定。黎程、黄颖 作为冠昊生物2023年审计报告签字注册会计师，在执业过程中未能勤勉尽责，违反了深交所《创业板股 票上市规则(2023年8月修订)》第1.4条的规定。 中国经济网北京8月15日讯深交所网站近日披露了关于对大信会计师事务所(特殊普通合伙)及签字注册 会计师黎程、黄颖的监管函。经查明，大信会计师事务所(特殊普通合伙)(以下简称大信所)在冠昊生物 （300238）科技股份有限公司(以下简称冠昊生物，300238.SZ)2023年度财务报表审计业务中存在以下 违规行为： 一是风险评估、内部控制测试相关程序执行不到位，包括穿行测试、会计分录测试执行不到位，以及未 对部分业务执行控制测试。 二是对收入、长期资产、存货、成本等执行的相关审计程序不到位，包括对部分业务收入执行的审计程 序不到位，对在建工程、无形资产、固定资产等长期资 ...

Group 1 - The establishment of a talent pool aims to alleviate the burden of agricultural auditing tasks at the grassroots level and enhance the effectiveness of audit supervision [1][2] - The talent pool consists of three categories: university research teams, big data audit teams, and agricultural audit business backbones, integrating experts from renowned universities and relevant auditing personnel [1][2] - The initiative is part of a digital transformation strategy for auditing work, focusing on improving audit professionalism and ensuring effective coverage of agricultural audits at the grassroots level [2] Group 2 - The talent pool will enhance the quality of audits by integrating professionals with relevant knowledge and experience, allowing for more precise identification of issues in the agricultural sector [2] - The first batch of 74 specialized talents will collaborate in a "research + data + business" model to upgrade auditing practices from point checks to systematic governance [2] - The involvement of professional audit personnel will strengthen supervision over the allocation and use of agricultural funds, ensuring that resources are effectively utilized for rural development [2]

Core Viewpoint - The auditing industry is experiencing collective anxiety due to the rapid advancement of technology, while traditional auditing methods remain stagnant, necessitating the integration of AI to enhance efficiency and accuracy in auditing processes [1][2]. Group 1: Challenges in Traditional Auditing - Traditional auditing relies heavily on manual processes, leading to inefficiencies and high labor costs, with a significant risk of missing critical data due to outdated sampling methods [2][3]. - The industry faces challenges such as subjective judgment affecting audit standards and the inability to thoroughly verify internal control systems [2][3]. Group 2: AI Empowerment in Auditing - AI technology offers solutions by enabling comprehensive data processing, risk identification, and automation of repetitive tasks, thus improving efficiency and precision in audits [2][3]. - Examples of successful AI applications include the use of algorithms for anomaly detection in large-scale audits, as demonstrated by a project completed by Elon Musk's team in just three days [3]. Group 3: Industry Adoption and Differentiation - Larger accounting firms are more inclined to adopt AI due to their resources and client base, allowing them to achieve economies of scale in AI applications [3][4]. - Smaller firms exhibit caution in adopting AI due to the lack of publicly available data and standardized information from their clients, which limits the effectiveness of AI tools [4]. Group 4: Real-World Challenges in AI Implementation - The implementation of AI in auditing faces several obstacles, including high initial costs, ongoing maintenance expenses, and the need for data integration [5][6]. - Data quality issues and the lack of standardized systems hinder effective model training, while the complexity of AI algorithms raises concerns about transparency and understanding among auditors [5][6]. Group 5: Collaborative Efforts for AI Integration - A multi-faceted approach involving policy, regulation, industry collaboration, and educational institutions is essential for the successful integration of AI in auditing [6][7]. - Recommendations include establishing a compliance review platform for AI in auditing, creating a data-sharing platform for historical financial data, and enhancing talent development through collaboration between educational institutions and the industry [7][8].

在过去的12个月(2024年8月至2025年7月)香港新上市公司 84家; 在今年前7个月(2025年1月至2025年7月)香港新上市公司 53家。 | 香港上市中介机构排行(Top3) | | | | >瑞恩 | | --- | --- | --- | --- | --- | | 中介机构 | 排名 | 过去24个月 | 过去12个月 | 今年以来 | | | | 2023.08-2025.07 | 2024.08-2025.07 | 2025.01-2025.07 | | 宙忧师 | 1 | 安永 | 安永 | 安永 | | 2 | | 普华永道 | 四年四成 | 毕马威 | | 3 | | 毕马威 | 普华永道 | 普华永道 | 根据统计，在过去的24个月，共有 13间审计师参与 158家新上市公司的审计业务。 | | 香港IPO审计师排行榜 | | | | | | --- | --- | --- | --- | --- | --- | | 序号 | 审计师 | | 过去24个月 2023年8月- | 过去12个月 2024年8月- | 今年川来 2025年1月- | | | | 排名 | 2025年7 ...