CSRC: 2013 Listed Companies’ Annual Report Auditing Analysis
Till the end of 2013, there are altogether 22,451 registered Certified Public Accountants in Securities Firms with qualifications. The biggest securities firm has 2,318 accountants and the smallest 205 accountants. The auditing business revenue of securities firm with qualifications is 25.654 billion yuan with each firm 641 million yuan on average. Among them, the securities revenue is 5.851 billion yuan, accounting for 22.81% of the total auditing revenue and with each firm 146 million yuan on average.
The financial materials for some companies have exceeded the period of validity and the auditing of 559 enterprises has been halted
For the 615 companies which have not passed the audit, 56 companies are in the normal process of auditing and the auditing of 559 companies has been halted. Among them, the auditing of 539 companies has been halted because their financial materials have exceeded the period of validity.
The release of accounting version of business index in 2014
The business index is 120 and has improved. The profitability and capital ease in 2015 are quite optimistic compared with before.
2014-1015 Accounting Industry Confidence Survey and Analysis Report
31% of those surveyed believe that the industry has enjoyed relatively good condition in 2014. The figure is 26% in 2013. So the percentage increases by 4%. About 5% of the people surveyed are dissatisfied with the general condition of the industry and this percentage is lower than that in 2013.