六、英文附加题(本题型共1题,共10分。有小数点的,保留两位小数。小数点两位后四舍五入。用英文在答题卷上解答,答在试题卷上无效)。 DfX~}km
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: umN4|X
(Expressed in RMB thousands) 3LZvlcLb
FINANCLAL STATEMENTS ITEMS X*M2 O%g`L
20×8 9^E!2CJ
20×7 JC#5CCz
63QF1*gPH
Sales ?Kg_bvoR
64000 Q_`EKz;N{
48000 b+$E*}
<B!DwMk;.
Cost of sales X/h|;C*9
54000 ;
Irn{O
42000 qq"0X! w
qfqL"G
Net profit 0nZQ"{x
30 ,I
H~
-20 +1^L35\@
: . PRM+
XB]>Z)
December 31, 20×8 Bm;:
cmB0e
December 31, 20×7 Cx&l0ZXHEX
yIg^iZD
Inventory vXg^K}a#
16000 <j1r6.E)
12000 qL5~Wr m-W
\f7R^;`_<R
Current assets <{i1/"k?X
60000 zm3$)*p1
50000 +Jm[IN
!6hV|2aJy
Total assets rdsZ[ii
100000 a%/D~5Z
90000 DGg1TUE
LtPaTe
Current liabilities '7g]@
Q7
20000 }*S`1IWMj
18000 In8{7&iVO
yb,$UT"]
Total liabilities 6{I6'+K~
30000 ! F<::fN
25000 "\u<\CL
&?5me:aU
7~);,#[ky
During the audit, John has the following findings: y;_F[m
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: K+~1
z>&
Dr. Cash in Bank RMB 5820000 WJk3*$=
Dr. Financial Expenses RMB 180000 <
<F
Cr. Notes Receivable RMB 6000000 6 X'#F,M
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: =Y*@8=V
Dr. Non-operating Expenses RMB 3000000 f4VdH#eng`
Cr. Provisions RMB 3000000 9@}5FoX"
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 0sH~H[ap
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: y6Ez.$M
Dr. Provisions RMB 3000000 dKhS;!K9p
Cr. Cash in Bank RMB 2500000 uN1VkmtDO
Cr. Non-operating Income RMB 500000 Tp.:2[
Required: y`z4S,
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. C-g,uARX(r
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: Yj'"
Wg
(a)Inventory Turnover Rate in 20×8; DK20}&RQ
(b)Gross Profit Ratio in 20×8; %<8r`BMo
(c)After Tax Return on Total Assets in 20×8; and 3!%-O:!
(d)Current Ratio as at December 31, 20×8 *3s-=.U~
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. ZXXJ!9-&+J
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 rjj_]1?K
以下是未经审计财务报表的部分信息: F'CJN$6Mw/
(单位:千元) Z!*6;[]SfG
项目 20×8 20×7 h50]%tp\
营业收入 64 000 48 000 /%gMzF
营业成本 54 000 42 000 *IIA
"tC
净利润 30 -20 %gj7KF
)&Z`SaoP|J
20×8年12月31日 20×7年12月31日 mg" _3].j
存货 16 000 12 000 !yr4B"kz
流动资产 60 000 50 000 6:AEg
总资产 100 000 90 000 )l/
.<`|
流动负债 20 000 18 000 d[ _@l
总负债 30 000 25 000 ya[f?0b0
在审计过程中,约翰发现以下事项:
7{7Y[F0
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: f=.!/e70
借:银行存款5 820 000 EPR85[k
财务费用 180 000 lBm`W]3T
贷:应收票据6 000 000 :X:s'I4J
D
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: u~>G8y)k9O
借:营业外支出 3 000 000 <L<^uFB
贷:预计负债 3 000 000 Vbe@S?u-
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: unKl5A[h
借:预计负债 3 000 000 Zz+v3o0
贷:银行存款 2 500 000 6J@,bB
jVz
营业外收入 500 000 !%$,S=_F
要求: ?\(qA+iP0
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 _+Sf+ta
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: !aKu9SR^e
(a)20×8年存货周转率 8aKS=(Z!j
(b)20×8年销售毛利率 ZJm$7T)V
(c)20×8年总资产净利率 6b$C/
(d)20×8年12月31日的流动比率 z30 mk
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) |=KzQY|u
【答案】 _l1"X ^Aa
(1)应选择营业收入作为计算重要性水平的基础。 5#s],h
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 o!U(=:*b
J
YmYX-
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 NHe)$%a=H
销售毛利率=(64000-54000)/64000×100%=15.63% 7U?#Xi5
总资产净利率=30/[(100000+90000)/2]=0.03% 0pG +yec
流动比率=60000/20000=3 !Q5,Zhgr
(3) b)M-q{
a.应建议做如下审计调整分录:
m{$}u@a
借:应收票据 6 000 000 <mj/P|P@
贷:短期借款 5 820 000 cvE)
财务费用 180 000 Hc[@c)DH
b.应建议做如下审计调整分录: 3 S*KjY'@
借:预计负债 3 000 000 OU}eTc(FeC
贷:营业外支出 500 000 pzoh9}bue
其他应付款 2 500 000 ,zr,>^v