Audit report "upheld" *st the future of the Asia-Pacific complex card
Source: Internet
Author: User
KeywordsA duplicate card a verdict an audit report
Because the accounting firm issued an "No opinion" audit report, and can not determine whether the company violated. April 28 This year, *st Asia-Pacific (000691, suspended) after the disclosure of the 2009 annual report was suspended, has been 8 months. Today (December 30), *ST Asia-Pacific issued a notice, although the company has made a statement on the 2009 financial report, but the accounting firm still insists on the original "No opinion", the company's shares will be a duplicate today. This suggests that *st Asia-Pacific's 2009-year performance remains questionable. The daily economic news found that *st Asia-Pacific had "fired" an accounting firm that had "failed to comment on its 2008 earnings report", but the new accounting firm still did not give the company "face". The audit report insists on the original view today, *st Asia-Pacific announced a repeat of the announcement, while the 2009 earnings were restated. The daily economic news finds that the company has "explained" the three-*st Asia-Pacific problems raised by CPA firms. For the subsidiary of Tianjin Green Source, the company said that it has filed for bankruptcy treatment, so as to eliminate the impact on the company, for the joint and several security liability issues, the company said it will not further increase financial losses, for *st Asia-Pacific investment Lan Jingli companies, such as a series of issues, The major shareholder promised to assist the Asia-Pacific industry to recover the related assets belonging to the Asia-Pacific industry to the responsible persons of Lan Jingli company. However, *st Asia-Pacific's restatement of the 2009 earnings did not change the view of Guofuha China's accounting firm. The firm said it was unable to obtain sufficient and appropriate audit evidence to dispel doubts, despite the company's disclosure of its continued viability and proposed improvement measures. The financial statement may have a very significant and widespread impact, so it is not possible to make a reasonable judgment on the appropriateness of the company's 2009 fiscal statements. The last "accountant" was fired. It is noteworthy that *st Asia Pacific is not the first time the accounting firm issued an "unable to express the opinion of the audit report." As early as the company published the 2008 Annual report, Sino-Hi Certified Public Accountants issued a "can not express the opinion of the audit report." Interestingly, on May 22, 2009, the company's fifth session of the Board of Directors in 2009, the Nineth Provisional meeting, the Board of Directors of the company entrusted to the company's operating team and accounting firms, law firms to understand the actual situation, come up with a solution; On the one hand, through the resolution to change the accounting firm, Fired the Sino-XI Certified Public accountants firm, and hired Beijing five-joint Fangyuan accounting firm. In the middle of 2009, Beijing's five-joint Fangyuan accounting Firm (later renamed Guofuha) audited the *st Asia-Pacific newspaper, and concluded that its financial statements had been prepared in accordance with the provisions of enterprise accounting standards. However, the last six months after the 2009-year report, Guofuha China accounting firm has issued an inability to express their views of the audit report. Although the accounting firm has to take the "wages of the listed companies""But that does not mean that it will be a violation or even an offence." The future of the complex card is difficult because the accounting firm continues to "veto" the company's 2009 performance, the company's stock after the prospect of a complex card. "The inability to express an opinion indicates that the company's performance must be problematic, and that it is irresponsible to investors if it is not dealt with clearly." "In response to the *ST Asia-Pacific continued to be issued by the accounting firm" unable to express the opinion of the audit report, an industry personage told the Daily Economic news. He pointed out that the audit report was unable to determine the 2009 profit and loss nature, the company was able to barely deal with the transaction, but the company after the card is not optimistic about the future. Recently, there are media reports of Lanzhou Asia-Pacific Industry and trade group investment of 120 million yuan, the acquisition of a gold mine in Kinta County, Gansu Province, has been confirmed by the company. But the company denies that the market is speculating that the mine will be injected into the company. Major shareholders said there would be no plans to inject minerals into the *st Asia-Pacific in the next three months, and that there would be no major asset restructurings, asset acquisitions and shares in the next 3 months.
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