Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) audit report and financial statements for the year 2021
Sichuan Jiuyuan Yinhai Software Co.Ltd(002777)
Audit report and financial statements
(from January 1, 2021 to December 31, 2021)
Table of contents page
1、 Audit report 1-5 II. Financial statements
Consolidated balance sheet and parent company balance sheet 1-4 consolidated income statement and parent company income statement 5-6 consolidated cash flow statement and parent company cash flow statement 7-8 consolidated statement of changes in owner's equity and parent company statement of changes in owner's equity 9-12 financial statements attached Note 1-104
audit report
Xin Hui Shi Bao Zi [2022] No. za10237 Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) all shareholders:
1、 Audit opinion
We have audited the financial statements of Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) (hereinafter referred to as Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) ), including the consolidated and parent company's balance sheet as of December 31, 2021, the consolidated and parent company's income statement, consolidated and parent company's cash flow statement, consolidated and parent company's statement of changes in owner's equity and notes to relevant financial statements in 2021.
In our opinion, the attached financial statements are prepared in accordance with the provisions of the accounting standards for business enterprises in all material aspects and fairly reflect the financial position of Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) the consolidated and parent company as of December 31, 2021 and the operating results and cash flows of the consolidated and parent company in 2021.
2、 Basis for forming audit opinions
We conducted our audit in accordance with the auditing standards for Chinese certified public accountants. The "responsibilities of certified public accountants for the audit of financial statements" in the audit report further expounds our responsibilities under these standards. In accordance with the code of professional ethics for Chinese certified public accountants, we are independent of Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) , and have fulfilled other responsibilities in terms of professional ethics. We believe that the audit evidence we have obtained is sufficient and appropriate, which provides a basis for our audit opinion.
3、 Key audit matters
The key audit matters are the most important matters that we consider to audit the current financial statements according to our professional judgment. The response to these matters is based on the overall audit of the financial statements and the formation of audit opinions. We will not express separate opinions on these matters.
The key audit matters identified in our audit are summarized as follows:
Key audit matters how to deal with them in the audit
(I) provision for bad debts of contract assets and accounts receivable
Our main audit procedures for the provision of bad debt reserves for contract assets and accounts receivable include:
As of December 31, 2021, Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) contract assets and (1) understand, evaluate and test the effectiveness of key internal control design and operation related to the ending balance of bad debts of contract assets and accounts receivable, which are RMB 26.886 million and RMB 4993387 respectively; (2) analyze the rationality of the company's contract assets and accounts receivable bad debt provision recognition standards and policies, including the basis for determining the combination of accounts receivable and the amount withdrawal method. See note III (VIII) of the consolidated financial statements for details Separate judgment of bad debt provision; When the amount of contract assets and accounts receivable is significant, and the contract assets and accounts receivable (3) obtain the provision for bad debt reserves of the company's contract assets and accounts receivable, the impairment of accounts involves major accounting estimates and judgments used by the management, and check whether the provision method is implemented in accordance with the provision policy for bad debt reserves, Therefore, we identify the impairment provision of contract assets and accounts receivable as the key and recalculate the amount of bad debt provision;
Audit matters. (4) Check the company's post payment collection and evaluate the rationality of the management's provision for bad debt reserves;
(5) Implement the confirmation procedure.
(II) recognition of income
Our main audit procedures for revenue recognition include:
(1) Understand, evaluate and test the key issues related to the new revenue standard. In 2021, Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) achieved an operating revenue of 13059072 million yuan,
Effectiveness of department control design and operation;
The main business income mainly includes software development, operation and maintenance services and system integration
(2) Obtain the main contracts signed between the company and customers and check the contract completion. See note III (II) to the consolidated financial statements for the revenue recognition policy
Key terms to evaluate whether the revenue recognition is appropriate and whether it meets the requirements of new revenue (XIII). Since revenue is one of the Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) key performance indicators,
Guidelines;
And under the new income standard, identify the performance obligations in the contract and judge the income
(3) Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) makes a major judgment in selecting samples, checking contracts, orders and confirmation methods related to the business, which is inappropriate
The accurate judgment of the company's revenue recognition based on the shipping order, acceptance report and other documents may lead to major misstatement in revenue recognition, so we will receive
Accuracy and whether it is included in the correct accounting period;
As the key audit items.
(4) Implement the letter confirmation procedure for important contracts, and inquire about the contract amount, implementation status, settlement amount and other information.
4、 Other information
Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) Management (hereinafter referred to as management) is responsible for other information. Other information includes the information covered in the annual report of Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) 2021, but does not include the financial statements and our audit report.
Our audit opinion on the financial statements does not cover other information, and we will not issue any form of assurance conclusion on other information.
In combination with our audit of the financial statements, our responsibility is to read other information and consider whether other information is materially inconsistent with the financial statements or the information we have learned in the audit process, or there seems to be material misstatement.
Based on the work we have performed, if we determine that there is a material misstatement in other information, we should report that fact. In this regard, we have nothing to report.
5、 Responsibilities of management and governance for financial statements
The management is responsible for preparing the financial statements in accordance with the provisions of the accounting standards for business enterprises to achieve a fair reflection, and designing, implementing and maintaining necessary internal control so that the financial statements are free from material misstatement caused by fraud or error.
When preparing the financial statements, the management is responsible for assessing the going concern ability of Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) the company, disclosing matters related to going concern (if applicable), and applying the going concern assumption, unless liquidation is planned, operation is terminated or there is no other realistic choice.
The management is responsible for supervising the financial reporting process of Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) .
6、 Responsibilities of certified public accountants for the audit of financial statements
Our goal is to obtain reasonable assurance on whether the financial statements as a whole are free from material misstatement due to fraud or error, and issue an audit report containing audit opinions. Reasonable assurance is a high-level assurance, but it does not guarantee that the audit performed in accordance with the audit standards will always be found when a major misstatement exists. Misstatement may be caused by fraud or error. If it is reasonably expected that the misstatement alone or in summary may affect the economic decisions made by the users of the financial statements based on the financial statements, the misstatement is generally considered to be significant.
In the process of carrying out the audit work in accordance with the audit standards, we use professional judgment and maintain professional doubt. At the same time, we also carry out the following work:
(I) identify and assess the risks of material misstatement of financial statements due to fraud or error, design and implement audit procedures to deal with these risks, and obtain sufficient and appropriate audit evidence as the basis for issuing audit opinions. Since fraud may involve collusion, forgery, intentional omission, misrepresentation or override of internal control, the risk of failing to find major misstatement caused by fraud is higher than that caused by error.
(II) understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express opinions on the effectiveness of internal control.
(III) evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures.
(IV) draw a conclusion on the appropriateness of the management's use of the going concern assumption. At the same time, according to the audit evidence obtained, draw a conclusion on whether there are major uncertainties in the matters or circumstances that may lead to major doubts about Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) going concern ability. If we conclude that there is significant uncertainty, the auditing standards require us to draw the attention of statement users to the relevant disclosures in the financial statements in the audit report; If the disclosure is insufficient, we should express a non unqualified opinion. Our conclusions are based on the information available as of the date of the audit report. However, future events or circumstances may cause Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) unable to continue operation.
(V) evaluate the overall presentation (including disclosure), structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events.
(VI) obtain sufficient and appropriate audit evidence on the financial information of entities or business activities in Sichuan Jiuyuan Yinhai Software Co.Ltd(002777) to express audit opinions on the consolidated financial statements. We are responsible for guiding, supervising and implementing the group audit, and take full responsibility for the audit opinions.
We communicated with the management on the planned audit scope, schedule and major audit findings, including the internal control defects that we identified in the audit.
We also provide a statement to the management that we have complied with the professional ethics requirements related to independence, and communicate with the management all relationships and other matters that may reasonably be considered to affect our independence, as well as relevant preventive measures (if applicable).
From the matters communicated with the management, we determine which matters are the most important for the audit of the current financial statements, thus constituting key audit matters. We describe these matters in the audit report, unless laws and regulations prohibit the public disclosure of these matters, or in rare cases, if the negative consequences of communicating a matter in the audit report are reasonably expected to exceed the benefits in the public interest, we determine that we should not communicate the matter in the audit report.
China certified public accountant of Lixin certified public accountants: Yang Zhiping
(special general partnership) (project partner)
Chinese certified public accountant: Yu Hua
Shanghai, China March 11, 2002
Sichuan Jiuyuan Yinhai Software Co.Ltd(002777)
Consolidated balance sheet
December 31, 2021
(unless otherwise specified, the monetary unit is RMB)
Note V closing balance of assets closing balance of last year
Current assets:
Monetary capital (I) 6998412535772997849
