在业务承接时可能更多关注自身利益，不顾风险承接业务，未充分了解审计客户

When undertaking business, they may pay more attention to their own interests, undertake business regardless of risks, fail to fully understand audit clients, fail to pay reasonable attention to the industry risks and business risks of audit clients, and fail to properly implement risk assessment procedures. The certified public accountant's insufficient risk assessment for Asia-Pacific Industries reflects the insufficient risk assessment for the real estate industry. Tongchuang Jiaye's real estate development and sales business is the main source of income for Asia Pacific Industries, accounting for more than 90% of the consolidated operating income. Auditors did not carry out risk assessment procedures on Tongchuang Jiaye’s main business and the real estate industry, and Tongchuang Jiaye’s sales revenue continued to rise, which was contrary to the overall situation of the industry. Regarding the abnormal phenomenon, the certified public accountant easily accepted the verbal explanation of the audit client, No other procedures were performed. Moreover, the operating conditions of Asia-Pacific Industries are not good, and there is a fraudulent motive of intentionally manipulating estimated liabilities estimates and adjusting profits. During the audit, it is necessary to pay special attention to the financial fraud risks of the management. The auditors failed to correctly evaluate the internal control of Huaze Cobalt and Nickel, and its governance structure has serious flaws, such as the cross-appointment of the governance layer and the executives of related companies, and the unreasonable composition of the board of supervisors. The auditors did not identify potential financial fraud risks. In addition, in the risk assessment, it failed to consider the financial fraud risk of its reverse purchase listing and related profit promises to the management. Since 2015, Kangdexin has borrowed a large amount of money with a large amount of monetary funds on its books, which does not conform to the principle of cost-effectiveness, indicating that it may have the risk of financial fraud.

When undertaking business, one may pay more attention to their own interests, disregard risks, fail to fully understand the audit client, fail to pay reasonable attention to the industry risks and operational risks of the audit client, and thus fail to properly execute risk assessment procedures. Certified public accountants' inadequate risk assessment of Asia Pacific Industries reflects insufficient risk assessment of the real estate industry. The real estate development and sales business of Tongchuang Jiaye is the main source of income for Asia Pacific Industrial, accounting for over 90% of the consolidated operating income. The auditors did not implement risk assessment procedures for Tongchuang Jiaye's main business and real estate industry, resulting in a continuous increase in sales revenue. This is contrary to the overall situation of the industry. In response to abnormal phenomena, certified public accountants easily recognized the oral explanations of the audit clients and did not proceed with other procedures. Moreover, the operating conditions of Asia Pacific Industrial are poor, and there are fraudulent motives for intentionally manipulating estimated liabilities and adjusting profits. Therefore, special attention should be paid to the financial fraud risks of the management during the audit. The auditors were unable to accurately evaluate the internal control of Huaze Cobalt Nickel, and there were serious deficiencies in its governance structure, such as cross appointment between the governance team and senior executives of affiliated companies, unreasonable composition of supervisory board members, etc. The auditors did not identify potential financial fraud risks. In addition, the risk assessment did not take into account the financial fraud risks of its reverse purchase listing and related profit commitments to the management. Since 2015, Kangdexin has had a large amount of monetary funds on its books but has heavily borrowed, which does not comply with the cost-effectiveness principle, indicating that it may have a risk of financial fraud.

When undertaking business, they may pay more attention to their own interests, undertake business regardless of risks, fail to fully understand the audit customers, fail to pay reasonable attention to the industry risks and operational risks of the audit customers, and thus fail to properly implement the risk assessment procedures. The CPA's due risk assessment of Asia-Pacific industry is insufficient, which reflects the lack of risk assessment of the real estate industry. Tongchuang Jiaye's real estate development and sales business is the most important source of industrial income in the Asia-Pacific region, accounting for more than 90% of the combined operating income. The auditors did not carry out the risk assessment procedure for the main business and real estate industry of Tongchuang Jiaye, and the sales revenue of Tongchuang Jiaye continued to rise, which was contrary to the overall situation of the industry. In view of the abnormal phenomenon, the certified public accountant easily recognized the oral explanation of the audit client and did not carry out other procedures. Moreover, the Asia-Pacific industry is in poor operating condition, and there are fraudulent motives for deliberately manipulating the estimated liabilities and adjusting profits. Therefore, it is necessary to pay special attention to the financial fraud risks of the management during the audit. The auditors failed to correctly evaluate the internal control of Hua Ze Cobalt and Nickel, and there were serious defects in its governance structure, such as the cross-appointment of the management layer and the senior management of affiliated companies, the unreasonable composition of the members of the board of supervisors, and so on. The auditors did not identify the potential risks of financial fraud. In addition, the risk assessment failed to consider the financial fraud risk of its reverse purchase and listing and related profit commitments to the management. Since 2015, Kangdexin's books have a large amount of monetary funds but borrowed heavily, which is not in line with the principle of cost-effectiveness, indicating that it may have the risk of financial fraud.