Si-Tech Information Technology Co.Ltd(300608) audit report and financial statements for the year 2021
Si-Tech Information Technology Co.Ltd(300608)
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 notes to financial statements 1-108
audit report
Xin Hui Shi Bao Zi [2022] No. zb1032
Si-Tech Information Technology Co.Ltd(300608) all shareholders:
1、 Audit opinion
We have audited Si-Tech Information Technology Co.Ltd(300608) (hereinafter referred to as Beijing Sisi)
Teqi) financial statements, including the consolidated and parent company's assets and liabilities as of December 31, 2021
Statement, consolidated and parent company income statement, consolidated and parent company cash flow statement in 2021
Consolidated and parent company's statement of changes in owner's equity and notes to relevant financial statements.
In our opinion, the attached financial statements comply with the accounting standards for business enterprises in all material aspects
Prepared in accordance with the regulations, which fairly reflects the merger and parent company of Beijing Si-Tech Information Technology Co.Ltd(300608) on December 31, 2021
The company's financial position and the consolidated and parent company's operating results and cash flow in 2021.
2、 Basis for forming audit opinions
We conducted our audit in accordance with the auditing standards for Chinese certified public accountants. audit
The "CPA's responsibility for the audit of financial statements" part of the report further expounds my
Our responsibilities under these guidelines. According to the code of professional ethics of Chinese certified public accountants, we are independent
Established in Beijing Si-Tech Information Technology Co.Ltd(300608) , and performed other responsibilities in terms of professional ethics. We believe that I
The audit evidence obtained by the auditors is sufficient and appropriate, which provides a basis for issuing audit opinions.
3、 Key audit matters
The key audit matters are the most important to the current financial statements according to our professional judgment
For important matters. These matters shall be handled in order to audit the financial statements as a whole and form an audit report
Against the background of our opinions, we will not express our opinions on these matters separately.
The key audit matters identified in our audit are summarized as follows:
Key audit matters how to deal with them in the audit
(I) revenue recognition for details and analysis of accounting policies for revenue recognition, please refer to consolidation 1. Understand and evaluate the management's internal control over the sales process
The design of "III. important accounting policies and accounting estimates" system in the notes to the financial statements, and test the implementation of key controls; The accounting policies described in note (XXIII) and the notes of "v. consolidation 2. Implementation of analysis procedures for income, comparison with the same period in history, and notes to items of financial statements" (XXXIX). Compare the gross profit margin of enterprises in the same industry and review the rationality of income; Beijing Si-Tech Information Technology Co.Ltd(300608) is mainly engaged in software development and technical services. 3. Spot check the main sales business contracts or framework agreements and combination services. The total operating revenue in 2021 was 904348500 yuan. According to the main terms agreed in the agreement, the contract and agreement are analyzed in "five steps. Since the operating revenue is the method of Beijing Si-Tech Information Technology Co.Ltd(300608) key performance indicators", the composition of performance obligations and the time point of control transfer are judged. First, the revenue recognition is manipulated to achieve specific objectives, and considering whether the revenue recognition of Beijing Si-Tech Information Technology Co.Ltd(300608) is in line with the company's revenue, resulting in the risk of potential misstatement, we confirm the revenue into the recognition principle;
Recognize the key audit matters. 4. Check the acceptance report and settlement sheet of the main projects confirmed by the customer, and confirm the contract amount, payment collection amount, project acceptance progress and other information of the project by letter;
5. Conduct detailed test on income, focusing on the authenticity and cut-off of income;
6. Perform a cut-off test on transactions recorded before and after the balance sheet date to check whether income is recorded in the appropriate accounting period.
(II) capitalization of R & D expenses: the design and implementation of meeting department control as described in note (16) of "III. important 1. Evaluate and test the company's key internal accounting policies and accounting estimates related to R & D expense cycle" in the notes to the consolidated financial statements, so as to confirm the effective accounting policies of internal control and the annotation of "v. notes to items in the consolidated financial statements"; （14） As mentioned above, the capitalization fund of R & D expenditure in 2021 2. For projects with large capitalization amount in this period, the amount obtained item by item is 535685 million yuan, an increase of 683.75 compared with 2020. The application for project initiation, R & D budget preparation and approval, and the inspection of R & D team is million yuan. The division of R & D cost capitalization and expense involves the judgment of major management, the different judgment of capitalization and expense and the analysis of the project by the person in charge, so as to confirm that the authenticity of R & D project will have a significant impact on the financial statements and net profit; Therefore, the capitalization of R & D expenses is identified as a key audit matter. 3. Obtain the capitalization evaluation report of large capitalization projects and check items.
Check and review whether the division of research expenditure and development expenditure of large capitalization projects in this period is consistent with the R & D capitalization system of Beijing Si-Tech Information Technology Co.Ltd(300608) ;
4. Check whether the systematic work report of the capitalized project is consistent with the book record, and compare the cumulative expenditure of the capitalized project with the budget
Compare and judge the rationality of R & D expenditure and the accuracy of amount; 5. Obtain the internal test report, closing process and relevant software copyright certificate of the current capitalization project, and confirm whether the time point of stopping capitalization and transferring into intangible assets are accurate;
6. If the capitalized project is a convertible bond raised investment project, calculate the amount that meets the capitalization conditions in the current interest expenditure under the effective interest rate method in combination with the purposes of the convertible bond raised funds in the prospectus, and confirm whether the Beijing Si-Tech Information Technology Co.Ltd(300608) interest capitalization amount is accurate.
4、 Other information
Beijing Si-Tech Information Technology Co.Ltd(300608) Management (hereinafter referred to as the management) is responsible for other information. Other information includes the information covered in the annual report of Beijing Si-Tech Information Technology Co.Ltd(300608) 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 Beijing Si-Tech Information Technology Co.Ltd(300608) and disclosing the matters related to going concern (if applicable), and applying the going concern assumption, unless it plans to liquidate, terminate operation or has no other realistic choice.
The management layer is responsible for supervising the financial reporting process of Beijing Si-Tech Information Technology Co.Ltd(300608) .
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 Beijing Si-Tech Information Technology Co.Ltd(300608) sustainable operation 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 Beijing Si-Tech Information Technology Co.Ltd(300608) to be unable to operate continuously.
(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 Beijing Si-Tech Information Technology Co.Ltd(300608) to express an audit opinion on the consolidated financial statements. We are responsible for guiding, supervising and implementing the group audit, and assume full responsibility for the audit opinion.
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.
Chinese certified public accountant of Lixin certified public accountants: Shan Daxin (special general partnership) (project partner)
