St Tianlong "Physical examination" problem MORE: Accounting is "hardest hit"

In accordance with the Shanxi Securities and Supervision Bureau in May this year to the St Tianlong (600234.SH) on-site inspection of the problems found, St Tianlong today announced that the current has begun or completed rectification.　　Among them, the financial and accounting aspects are required to rectify the problem mostly. Among them, St. Tianlong subsidiary Zhuhai Electrical Appliance Co., Ltd. is not in accordance with the main business income and other business income separate accounting related income, is not fully disclosed, and the costs of repairs are accounted for in the cost of manufacturing, the rent, property and other personal expenses paid by some employees are included in the welfare expenses, and the costs of manufacturing, There is a case where there is a cross period confirmation and less expense for the sales expense.　　St Tianlong said that the above problems have been rectified. And some accounting and financial management issues, St Tianlong said will be completed before the end of the year. such as St Tianlong in 2009 will be leased property from fixed Assets accounting mode change for investment in real estate fair value model measurement, not in line with the "Enterprise Accounting Standards" (2006) 3rd of the provisions.　　Since 2007, the company has fully implemented the "Enterprise Accounting Standards", it should be retroactive adjustment to 2007, the company is in the retrospective adjustment. For the company 2004 received 2.0939 million yuan long-term ledger not dealt with, as well as 2004 inventory of goods 644,200 yuan in full to prepare for the long-term ledger deal, and so on, St Tianlong said it will be completed before December 31 this year rectification.