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)。 6DS43
AQs
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: :,]S}R
(Expressed in RMB thousands) /dHs &SU,
FINANCLAL STATEMENTS ITEMS 2@@l {Y0f6
20×8 O@U?IF$
20×7 dK?);*w]
o sdOw8
Sales $7gB_o$zz
64000 RpQ*!a~O
48000 4-4?IwS
Q49BU@xX
Cost of sales \4~AI=aw,T
54000 i1*C{Lf;%)
42000 P9#)~Zm}]
vd~U@-C=R
Net profit a#(U
2OP
30 w[fDk1H)
-20 y]qsyR18i
4be>
`d5j
T`L}[?w
December 31, 20×8 i*tv,f.(
December 31, 20×7 >Gd.&flSj
mVf.sA8
Inventory IlZu~B9c
16000 _'iDF
12000 wz#[:2
")\aJ8
Current assets AqYxWk3>
60000 }Jxq'B
50000 }OKL
z.5
?iSGH'[u
Total assets Dt}dp_
100000 XI}I.M
90000 =:K@zlO:
u^Sv#K X
Current liabilities Bhuw(KeB
20000 jn=ug42d
18000 w!,QxrOV~
v&0d$@6/U
Total liabilities )mD\d|7f
30000 `ut)+T V
25000 t[O+B6
vo;5f[>4i
;~ee[W$1
During the audit, John has the following findings: FN{/.?w(
(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: *F
Pg#a+
Dr. Cash in Bank RMB 5820000 [\HQPo'S
Dr. Financial Expenses RMB 180000 <q6`~F~|
Cr. Notes Receivable RMB 6000000 ./iXyta
(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: D0%FELG05
Dr. Non-operating Expenses RMB 3000000 kkfCAM
Cr. Provisions RMB 3000000 }u^:MI
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 g~R/3cm4
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: Sr7@ buF
Dr. Provisions RMB 3000000
"Z9^}
Cr. Cash in Bank RMB 2500000 Yk7"XP[Y
Cr. Non-operating Income RMB 500000 q!*MH/R
Required: sMJ#<w}Q
(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. HD|sr{Z%
(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:
kgc.8
(a)Inventory Turnover Rate in 20×8; |0w~P
s
(b)Gross Profit Ratio in 20×8; 'Kd7l}e!
(c)After Tax Return on Total Assets in 20×8; and s>J3\PC
(d)Current Ratio as at December 31, 20×8 24|<<Xn
(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. .HD ebi
【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。 ![Hhxu
以下是未经审计财务报表的部分信息: 7-g^2sa'(
(单位:千元) Su4h'&xx
项目 20×8 20×7 :|($,3*
营业收入 64 000 48 000 0~i q G
营业成本 54 000 42 000 >C^/,/%v
净利润 30 -20 ]
zIfC>@R
VD4S_qx
20×8年12月31日 20×7年12月31日 R`3x=q
存货 16 000 12 000 W:>J864!
流动资产 60 000 50 000 |0DP}
`~
总资产 100 000 90 000 h9Z[z73_a
流动负债 20 000 18 000 C
zpsqTQ
总负债 30 000 25 000 scmto cm
在审计过程中,约翰发现以下事项: A?sNXhh
(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: _DrnL}9I7
借:银行存款5 820 000 Ctj8tK$D
财务费用 180 000 <[FS%2,0mb
贷:应收票据6 000 000 +DxifXtB
(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: 9dw0<qw1%
借:营业外支出 3 000 000 {"}+V`O{
贷:预计负债 3 000 000 rJp?d9B
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: {Ot[WF
借:预计负债 3 000 000 !xJFr6G~8
贷:银行存款 2 500 000 clC~2:
营业外收入 500 000 $uTlbAuv
要求: S#hu2\9D,
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 Q%$i@JH`m
(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: 2}|vWKej{
(a)20×8年存货周转率 B*BHF95!
(b)20×8年销售毛利率 LNbx3W
oC
(c)20×8年总资产净利率 {;;eOxOP|
(d)20×8年12月31日的流动比率 8|Q4-VK<!
(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) D~7%};D[
【答案】 z.{HD9TD
(1)应选择营业收入作为计算重要性水平的基础。
=Y:5,.U
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 w[M5M2CF
k~ZBJ+
94
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 (T4k~T`3
销售毛利率=(64000-54000)/64000×100%=15.63% 0A@-9w=u
总资产净利率=30/[(100000+90000)/2]=0.03% a\Tr!Be,
流动比率=60000/20000=3 89ZDOji?O
(3) X
Z;*>(
a.应建议做如下审计调整分录: u`nt\OF
借:应收票据 6 000 000 O} (E(v
贷:短期借款 5 820 000 H2s*s[T
-
财务费用 180 000 #Xj;f^}/
b.应建议做如下审计调整分录: *di&%&f
借:预计负债 3 000 000 |\rSa^:5
贷:营业外支出 500 000 S54gqc1S]
其他应付款 2 500 000 4h(jw