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)。 y&~w2{a
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: 1/+C5Bp*
(Expressed in RMB thousands) "I6P=]|b
FINANCLAL STATEMENTS ITEMS =WbOwI)u
20×8 &F
*'B|n
20×7 %8~Q!=*Iq
ipnV$!z
Sales *D}0[|
O
64000 _9 .(a
48000 f"G-
Qj{8?lew
Cost of sales :$;Fhf<5
54000 |y;}zQB-dH
42000 "Mw[P [w*
5^<h}u9
Net profit SvM6iZ]
30 OVzt\V*+%W
-20 F_
iXd/
w27KI]%(
P9Yy9_a|x
December 31, 20×8 k %e^kej
December 31, 20×7 \J. .*,'
- O98pi
Inventory z<sg0K8z63
16000 h+
p*=|j`
12000 RoA?p;]<
EKEjv|_)
Current assets EF7+ *Q9
60000 ;7]u!Q
50000 p^<yj0Y
o+`6LKg;
Total assets
/tV/85r
100000 0]KraLu"N
90000 s4Sd>D7
[Aj Q#;#Q
Current liabilities `e9$,h|4
20000 cMyiW$;
18000 geQ{EwO8n
Wt)Drv{@ {
Total liabilities S=R7`a<.5
30000 t"hYcnC
25000 >EL)X
#e
E J$36
!TZhQiorC
During the audit, John has the following findings: 0&qr
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 9TF f8'?d
Dr. Cash in Bank RMB 5820000 ] h-,o
R?e
Dr. Financial Expenses RMB 180000 E
XP%Mk/
Cr. Notes Receivable RMB 6000000 \k;`}3uO
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: b KTcZG
Dr. Non-operating Expenses RMB 3000000 ,NnhHb2\
Cr. Provisions RMB 3000000 QK0h6CX
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 }kw/W#)J
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: A(?\>X
9g
Dr. Provisions RMB 3000000 M02uO`Y9
Cr. Cash in Bank RMB 2500000 gu #-O
?B
Cr. Non-operating Income RMB 500000 xe7O/',pa=
Required: 1h6^>()^
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. ^~{$wVGa
(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: 7.DtdyM
(a)Inventory Turnover Rate in 20×8; O: @}lK+H
(b)Gross Profit Ratio in 20×8; RoCfJ65
(c)After Tax Return on Total Assets in 20×8; and kb[P\cRa
(d)Current Ratio as at December 31, 20×8 3qY K_M^[
(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. %6AW7q
t
【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。 J]m{b09F
以下是未经审计财务报表的部分信息: [V4 {c@
(单位:千元) DI!V^M[~u
项目 20×8 20×7 e[sK@jX6
营业收入 64 000 48 000 .(pN5JI*
营业成本 54 000 42 000 &1+X\c+tb
净利润 30 -20 GUF"
<k
>iS`pb
20×8年12月31日 20×7年12月31日 R!l:O=[<
存货 16 000 12 000 i)#s.6.D>
流动资产 60 000 50 000 >^Se'SE]
总资产 100 000 90 000 WL` 9~S
流动负债 20 000 18 000
`ptj?6N-
总负债 30 000 25 000 {R/C0-Q^^
在审计过程中,约翰发现以下事项: "NgoaG~!YO
(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: Wrr cx(
借:银行存款5 820 000 ]f]<4HD=i
财务费用 180 000 V5p=
mmnA,
贷:应收票据6 000 000 .VTy[|o
(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: _+
.\@{c
借:营业外支出 3 000 000 ##Z_QB(;
贷:预计负债 3 000 000 7'
S @3
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: {.yStB.T
借:预计负债 3 000 000 >~K
qg~
贷:银行存款 2 500 000 `R"I;qV
营业外收入 500 000 s7o
T G!
要求: bT
2a40ul
(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。 upeU52@\
(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: WM)-J^)BJ
(a)20×8年存货周转率 }(egMx;"3J
(b)20×8年销售毛利率 <>m }}^
(c)20×8年总资产净利率 e"
]2=5g
(d)20×8年12月31日的流动比率 a>mm+L8y
(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) ICAH G7 ,
【答案】 -=.V
'
(1)应选择营业收入作为计算重要性水平的基础。 +za8=`2o
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 u_7~TE3W
>DPB!XA3
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 cUDoN`fSl,
销售毛利率=(64000-54000)/64000×100%=15.63% Ela-,(Glk
总资产净利率=30/[(100000+90000)/2]=0.03% Yq(G;mjM
流动比率=60000/20000=3 !"+'A)Nve
(3) ;Ag
3c+
a.应建议做如下审计调整分录: zni)<fmju
借:应收票据 6 000 000 = waA`I
d
贷:短期借款 5 820 000 *6 _tQ9G
财务费用 180 000 "zIFxDR#
b.应建议做如下审计调整分录: :SxW.?[%u
借:预计负债 3 000 000 1 { , F
贷:营业外支出 500 000 A>{p2?`+!
其他应付款 2 500 000 K(XN-D/c