Guangzhou Jinyi Media Corporation(002905)
Year 2021
audit report
Index page number
Audit report financial statements of the company
- consolidated balance sheet 1-2
- balance sheet of parent company 3-4
- consolidated income statement 5
- income statement of the parent company 6
- consolidated cash flow statement 7
- cash flow statement of the parent company 8
- Consolidated Statement of changes in shareholders' equity 9-10
- statement of changes in shareholders' equity of the parent company 11-12
- Notes to financial statements 13-106
ShineWing certified public accountants, Chaoyang men North Street, Dongcheng District, Beijing Tel: + 86 (010) 65542288, 9 / F, block a, Fu Hua Manson,
ShineWing No.8, Chaoyangmen Beidajie, fax:
Dongcheng District, Beijing, +86(01065547190 certified public accountants 100027, P.R.China facsimile: +86(01065547190
audit report
XYZH/2022SZAA30197
Guangzhou Jinyi Media Corporation(002905) all shareholders:
1、 Audit opinion
We have audited the financial statements of Guangzhou Jinyi Media Corporation(002905)
Consolidated and parent company's balance sheet as of December 31, 2021, consolidated and parent company's income statement and consolidated income statement in 2021
And the cash flow statement of the parent company, the consolidated statement of changes in shareholders' equity of the parent company and the notes to relevant financial statements.
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 are fair
It reflects the financial situation of Guangzhou Jinyi Media Corporation(002905) the merger and the parent company as of December 31, 2021 and the merger and the parent company in 2021
Operating results and cash flow of the company.
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 Guangzhou Jinyi Media Corporation(002905) , 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.
1. Revenue recognition
Countermeasures in key audit matters
Our main audit procedures include:
1) Test and evaluate key internal controls related to revenue, and review whether relevant accounting policies are correct and consistently applied; 2) According to the recognition methods of different types of income, for example, note IV of Guangzhou Jinyi Media Corporation(002905) consolidated financial statements, perform analytical review procedures to judge its rationality; 22； 6、 32. As mentioned above, Guangzhou Jinyi Media Corporation(002905) 2021 (3) verified the book box office with the data in the vostar system, and the industry revenue was 136242703966 yuan, including the electricity pair. According to the analysis of the rationality of the box office, the authenticity, completion, sales revenue, film investment revenue and other types of integrity of the film screening and distribution revenue were confirmed according to the film special funds, including the film screening revenue, cinema distribution revenue and advertising service revenue;
Type. 4) Select samples from the accounting records of advertising revenue and check with the contracts and advertising execution sheets related to the revenue to confirm that the revenue is the key performance indicator of Guangzhou Jinyi Media Corporation(002905) and recognize the authenticity and integrity of advertising revenue;
1. The recognition time and basis of different types of income are different. 5) obtain the film investment cooperation agreement and understand the investment contract, which is an important item in the financial statements and belongs to the agreed terms of special book, investment income, copyright, etc; Therefore, we take the income as the key audit matter to obtain the film production progress, projection license and public release.
License, copyright, etc. judge whether the accounting treatment is correct according to the stage of film production;
6) Implement the letter confirmation procedure for the current amount and year-end balance of major and new customers;
7) Check the payment collection after the period.
2. Impairment of non current assets
Countermeasures in key audit matters
For example, notes IV and 18 to Guangzhou Jinyi Media Corporation(002905) consolidated financial statements; 6、 8 & 9 & 10 & 11 & 12 & 13 & 15, gold
The non current assets of Yi film and television mainly include long-term equity investment. Our main audit procedures include:
Capital, investment in other equity instruments, investment real estate, 1) understand the fixed assets, construction in progress, right of use assets, long-term process and control of the management on the evaluation and management of asset impairment;
Deferred expenses. On December 31, 2021, the above non
The book value of current assets is 2) 434723874497 yuan of the judgment standard for impairment signs set by the evaluation management, which is reasonable in proportion to the total assets;
The weight is 81.95%. 3) Evaluate the rationality of the management's judgment on the reasons for the overdue completion and losses of the cinema due to their importance to the financial statements;
The evaluation of potential impairment involves the judgment and evaluation of the management. 4) review the method of impairment test of such assets by the management, in which there may be errors or potential management bias and process, and judge the adequacy of impairment provision. Therefore, we regard the impairment of the above non current assets as a key audit matter.
4、 Other information
Guangzhou Jinyi Media Corporation(002905) Management (hereinafter referred to as management) is responsible for other information. Other information includes the information covered in the annual report of Guangzhou Jinyi Media Corporation(002905) 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 evaluating the going concern ability of Guangzhou Jinyi Media Corporation(002905) and disclosing the matters related to going concern (if applicable), and applying the going concern assumption, unless the management plans to liquidate Guangzhou Jinyi Media Corporation(002905) , terminate the operation or has no other realistic choice.
The management is responsible for supervising the financial reporting process of Guangzhou Jinyi Media Corporation(002905) .
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:
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.
(1) Understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express an opinion on the effectiveness of internal control.
(2) Evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures.
(3) Draw conclusions on the appropriateness of management's use of going concern assumptions. 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 Guangzhou Jinyi Media Corporation(002905) 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 result in Guangzhou Jinyi Media Corporation(002905) inability to continue as a going concern.
(4) Evaluate the overall presentation, structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events.
(5) Obtain sufficient and appropriate audit evidence on the financial information of the entity or business activities in Guangzhou Jinyi Media Corporation(002905) to express an audit opinion on the 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 it is reasonably expected to be included in the audit report
