××change verification word [2007] No. 005
Baoding City, × ××promotion station:
We were commissioned to verify your station as of December 31, 2006 to apply for change of registration of start-up capital. It is your station's responsibility to contribute funds in accordance with the requirements of the relevant state laws, regulations and related provisions, to provide true, legal and complete verification information, and to protect the safety and integrity of assets. It is our responsibility to issue an audit opinion on the change of your station's registered start-up capital. Our validation is conducted in accordance with the "China Auditing Standard for Certified Public Accountants No. 1602 - Capital Verification". During the course of the validation, we implemented the necessary validation procedures such as inspections in light of the actual situation of your company.
Your station is a fully-funded budgetary institution, organized by Baoding × × × Bureau, with an original start-up capital of RMB20,000. After our audit, as of December 31, 2006, your station's start-up capital (net assets) has increased to RMB 170,289.40 yuan. Among them: fixed funds 169970.00 yuan, special funds 319.40 yuan.
At the same time, we note that: the total assets of your station as of December 31, 2006 related to your station's start-up funds amounted to RMB 445,736.87 yuan. Total liabilities were $41,200.52, and the balance of appropriated earmarks was $234,246.95 Net assets were $170,289.40.
This capital verification report is only for your station to apply for the change of registration of the start-up capital of the institution, it should not be regarded as a guarantee of capital preservation, solvency and the ability to continue operations after the date of your station's capital verification certificate. The consequences caused by improper use of this report have nothing to do with the certified public accountant and the accounting firm that performs this capital verification.
Attachment: Balance Sheet, Income and Expenditure Statement as of December 31, 2006
×××× Firm Chinese Certified Public Accountant:
Company Limited
Chinese Certified Public Accountant:
Address: ××××
××××××××Year