Zhongxin Jingwei, December 29 According to the Anhui Securities Regulatory Bureau's **29th, due to problems in the practice of Shanying International Holding Co., Ltd. (hereinafter referred to as "Shanying International"), ShineWing Certified Public Accountants (Special General Partnership) (hereinafter referred to as "ShineWing Zhonghe") and Shenzhen Pengxin Asset Appraisal Land and Real Estate Appraisal *** hereinafter referred to as "Pengxin Appraisal") were issued a warning letter by the Anhui Securities Regulatory Bureau.
Specifically, after investigation, the Anhui Securities Regulatory Bureau found that ShineWing, Li Hailong, and Wu Gaoti had the following problems in the practice of Shanying International's 2022 annual report audit project:
First, the implementation of the audit procedures for the impairment of fixed assets is not in place. Shanying South China Paper***hereinafter referred to as South China Shanying) has shown signs of impairment of fixed assets such as negative gross profit margin and old equipment since 2022, but in the fixed assets-impairment indication judgment table, the firm and the above-mentioned personnel believe that there are no signs of impairment of fixed assets, and no impairment test has been carried out on the corresponding fixed assets.
Second, the implementation of goodwill impairment audit procedures is not in place. The composition of the asset group identified by South China Shanying during the goodwill impairment test includes fixed assets, construction in progress, intangible assets and other non-current assets, because South China Shanying needs to use Shanying Paper, a subsidiary of Shanying International, to sell*** The firm and the above-mentioned personnel did not consider the impact of related party sales pricing when calculating the future cash flow of the asset group portfolio, and did not pay attention to the impact of related party transaction pricing on the expected future cash flow when reviewing the evaluation working papers.
Third, the implementation of inventory audit procedures is not in place. The selling price of the finished products used by the accountants in the price decline test of raw materials-waste paper in the South China Shanying inventory working paper is the average selling price of each finished product of the company in January 2023, rather than the weighted average selling price of various finished products, and its appropriateness has not been explained. Zhejiang Shanying Paper *** Inventory Paper Inventory Table records the number of finished paper of different specifications, and the inventory inventory inverted table shows that the unit of measurement of the book quantity on the inventory day is kg, and there is no relevant conversion process. In the inventory working paper, the actual quantity column of the finished paper inventory table is blank and the inventory amount is not filled.
Fourth, the audit working paper of operating income is not perfect. The information such as the delivery note and invoice date and number in the cut-off test paper of the main business income of Shanghai Shanying **Chain Management*** was not filled.
In accordance with the relevant regulations, the Anhui Securities Regulatory Bureau decided to take supervision and management measures to issue a warning letter to the firm and the above-mentioned personnel, and recorded it in the market integrity file.
In addition, the Anhui Securities Regulatory Bureau found that Pengxin Appraisal and Luo Hui and Luo Huibing had the following problems in the evaluation of the recoverable amount of the goodwill asset group formed by the merger and acquisition of Shanying South China Paper *** involved in the goodwill impairment test of Shanying International
First, the rationality of the selection of assessment methods is insufficient. The appraisal report reminds the user to "pay attention to the applicability of the fair value less disposal cost assessment method, and believe that the user knows that any one of the net amount after fair value less disposal costs and the present value of the estimated future cash flows has exceeded the carrying amount of the assessee, and can use the amount as the basis to determine the recoverable amount" In the process of goodwill impairment testing, the institution and the above-mentioned persons directly concluded that goodwill impairment occurred on the basis that the present value of the expected future cash flows of the asset group containing goodwill was lower than its carrying amount, and did not use the valuation method of fair value less disposal costs, nor did they clearly analyze the reasonableness of not using the valuation method in the valuation report or working papers.
Second, the working paper of the operating cost assessment procedure is not perfect. From 2020 to 2022, Shanying International's historical national waste unit consumption was 210641 yuan ton, 268517 yuan ton, 262034 yuan ton, there is a trend, and the average values of the four indicators used in the calculation table for determining the national waste in 2023 are 2108 from 2021 to 202364 yuan tons, 247561 yuan ton, 227743 yuan ton, there is a significant difference with the historical data of the enterprise, and the manuscript does not see the specific analysis process.
Third, the implementation of other assessment procedures is not in place or the working papers are not perfect. 1. The date of signing of the declaration of independence in the working paper is the date of issuance of the report. 2. The header of the notes receivable inventory form is the assessment declaration form, and there is no signature of the inventory personnel. 3. The date of reply in the accounts receivable confirmation letter is May 12, 2023, which is later than the date of issuance of the report. Fourth, there is no relevant working paper of the income method in the working paper of the assessment project, in which the ** analysis description of each subject is only marked with "see the evaluation description", the working income working paper is only the "annual sales contract", and the relevant working paper information of the historical data is not verified in the operating cost and period expenses. 5. The interview record in the manuscript did not have the signatures of relevant personnel of Shanying International.
In accordance with the relevant regulations, the Anhui Securities Regulatory Bureau decided to take supervision and management measures to issue a warning letter to the institution and the above-mentioned personnel, and recorded it in the market integrity file.
Tianyancha data shows that ShineWing was established in 2012 and is located in Beijing, which is an enterprise mainly engaged in business services. The registered capital of the enterprise is 60 million yuan, and the paid-in capital is 599350,000 RMB.
Founded in 1998, Pengxin Appraisal's business scope involves the overall asset appraisal and individual asset appraisal of the enterprise. The registered capital of the company is 50 million yuan, and the paid-in capital is 1382650,000 RMB. (Zhongxin Jingwei app).
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