The Ministry of Finance of China punished China Huarong and Deloitte Certified Public Accountants, of which Deloitte was fined 211.9 billion yuan (RMB, the same below, about 41 million yuan).Essence
The Ministry of Finance of China announced the information on the official website on Friday (March 17) to publish the above punishment information.
The Ministry of Finance said that since 2021, the quality of accounting information and its audit agency Deloitte Huayong Accounting Firm (hereinafter referred to as Deloitte)Carry out inspections.
After investigation, Huarong's different degrees of internal control and risk control failure, serious distortion of accounting information in 2014 to 2019.Deloittes did not fully pay attention to the essence of Huarong's various economic business, did not penetrate the real situation of the underlying assets of the audit, ignored the compliance of the approval of major investment matters., Failure to accurately evaluate the rationality of the expected credit loss model parameters. During the provision of audit services, there is no professional doubts, no necessary audit procedures, no adequate audit evidence, and serious audit defects.
In the side of Huarong, the Ministry of Finance has to China Huarong Asset Management Co., Ltd., Huarong Zhiyuan Investment Management Co., Ltd., Huarong Tianze Investment Co., Ltd., Huarong Overseas Chinese Asset Management Co., Ltd.Rong International Trust Co., Ltd., Huarong Huitong Asset Management Co., Ltd., Huarong Ruitong Equity Investment Management Co., Ltd., and Huarong Industrial Investment Management Co., Ltd. will give a fine of 100,000 yuan in administrative penalties.
According to the severity of the circumstances, six responsible persons such as Li Moumou who signed the annual financial accounting report of Huarong related companies in Huarong Relevant Company will impose a fine of 50,000 yuan in administrative penalties.The administrative penalty of 30,000 yuan was given, and seven responsible persons such as Chen were given a fine of 10,000 yuan in administrative penalties.
Deloin, give the Deloitte Federation to warn; suspend the business of the Deloitte Beijing branch for three months; confiscate the illegal income from the Deloitte Beijing Branch and the total fine of 21.904 million yuan.Essence
According to the severity of the circumstances, two responsible persons such as the signing of the registered accountant Jing Moumou of the relevant audit report of Deloitte will give the executive penalty of the registration of the Certified Public Accountants Certificate, and the three responsible persons such as Ma Moumou will be suspended.The administrative penalties for one year of business have given three responsible persons such as Niu Moumou for six months of administrative penalties for suspension of the business for six months, and the administrative penalties of six responsible persons such as Zongmou.
The Ministry of Finance emphasizes that it will strengthen the supervision of the financial association, serious financial discipline, and severely crack down on the violations of the accounting audit. While protecting the legitimate rights and interests of enterprises and intermediary agencies in accordance with the law, we will increase law enforcement, strengthen the relevant responsible persons to relevant responsible personsThe accountability of accountability provides strong support for maintaining social fairness and justice, regulating the order of market economic order, and ensuring the national economic security.
According to the surging news report, Deloitte Huayong Certified Public Accountants responded to the Ministry of Finance's punishment on Friday evening, saying that it cooperated with the inspection of the Ministry of Finance and respected and accepted the penalty decision of the Ministry of Finance.The Ministry of Finance believes that some of our audit work failed to fully meet the requirements of the audit standards, and we regret it. "
Deloitte Huayong emphasized:" We have not received their preparations from China Huarong's preparations from China Huarong.Any information rewriting related financial statements. The relevant audit report does not need to be corrected. "
China Huarong also issued an announcement on the night of the Hong Kong Stock Exchange stating that the problems found in the Ministry of Finance involved the company's 2014 2014By 2019's financial report, the company's current and future business activities will not have a direct impact of the company; the problems found in the Ministry of Finance's inspection have been comprehensively reviewed and evaluated, and in the 2020 financial reportEssence
Huarong said that sincere accepting the penalty decision of the Ministry of Finance will continue to strengthen internal control in accordance with the Accounting Law and relevant laws and regulations of the People's Republic of China, optimize the comprehensive risk management system, and further strengthen the national strategy in serving the national strategy, supporting entitiesThe important role of the economy and other aspects, carefully fulfill the responsibilities and mission of the financial asset management company.
