China Accounting News Weekly[No.269]2015.12.8-2015.12.28
2014 Securities Auditing Market Analysis Report
In 2014, 40 accounting firms with national securities qualifications chalked up a total revenue of 32.6 billion yuan, breaking down to 815 million apiece. Among the tally, auditing business revenue stood at 29 billion yuan, accounting for 89% of the totalt. In the year totally 2,844 certified public accountants signed on audited reports of listed companies’ financial reports. A total of seven certified public accountants signed on ten reports or more, all of whom were partners.
2014 Securities Assets Appraisal Analysis Report
As of December 31, 2014, there were 70 assets appraisal institutions with national securities qualifications in total and 4,979 certified public valuers, with annul business revenue of 3.38 billion yuan, of which 757 million yuan originating from securities appraisal business.
Resignation of College Independent Directors Results in Shortage in A-share Market
The two stock markets will see resignations of 274 independent directors between the end of November and the end of December, a situation only less aggravating than that of the end of 2013, when a wave of independent directors in the capacity of officials quit. Data from Wind Information showed that by December 2, 2015, A-share listed companies have set positions of nearly 9,000 independent directors, with nearly 3,000, or one thirds of the total, taken up by professors who teach or once taught in colleges.
In 2014, 40 accounting firms with national securities qualifications chalked up a total revenue of 32.6 billion yuan, breaking down to 815 million apiece. Among the tally, auditing business revenue stood at 29 billion yuan, accounting for 89% of the totalt. In the year totally 2,844 certified public accountants signed on audited reports of listed companies’ financial reports. A total of seven certified public accountants signed on ten reports or more, all of whom were partners.
2014 Securities Assets Appraisal Analysis Report
As of December 31, 2014, there were 70 assets appraisal institutions with national securities qualifications in total and 4,979 certified public valuers, with annul business revenue of 3.38 billion yuan, of which 757 million yuan originating from securities appraisal business.
Resignation of College Independent Directors Results in Shortage in A-share Market
The two stock markets will see resignations of 274 independent directors between the end of November and the end of December, a situation only less aggravating than that of the end of 2013, when a wave of independent directors in the capacity of officials quit. Data from Wind Information showed that by December 2, 2015, A-share listed companies have set positions of nearly 9,000 independent directors, with nearly 3,000, or one thirds of the total, taken up by professors who teach or once taught in colleges.
