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)。 ms&5Bq+9
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: 54]UfmT%I
(Expressed in RMB thousands) b83m'`vRM
FINANCLAL STATEMENTS ITEMS rP(;^8l"
20×8 JGhK8E
20×7 h^H)p`[Gme
#cJ1Jj $
Sales c;
1f$$>b
64000 @Ko}Td&E(
48000 Oeg^%Y
(w<llb`]
Cost of sales (c3O> *M
54000 ^|h.B$_F,
42000 j->5%y
8RZqoQDH
Net profit {*F8'6YQ$
30 k_OzkEM9!
-20 T%TO?[cN
dHn,;Vv^6
zb!RfQ,
December 31, 20×8 F^wm&:%{`
December 31, 20×7 Bh q]h
~2 J!I
^J
Inventory g % 8@pjk
16000 kK]L(ZU+
12000 JjH141 n%D
#<R6!"TNoz
Current assets GUvEOD=p
60000 { =IAS}
50000 /Nd`eUn
/V>yF&p
Total assets = iWn
T
100000 -h&KC{Xab
90000 CGZ3-OW@E
kfs[*ku
Current liabilities e:;u_be~
20000 SOJkeN
18000 7MwS[N%#
/V E|F Ts
Total liabilities 3m/XT"D
30000 J4m2|HK
25000 +nQp_a1{9%
FWQNO(
|Y;[)s =q
During the audit, John has the following findings: KyRcZ"
(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: _h P7hhR
Dr. Cash in Bank RMB 5820000 qbD[<T
Dr. Financial Expenses RMB 180000 t$ 3/ZTx
Cr. Notes Receivable RMB 6000000 M:.0]'[s5
(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: T5+9#
Dr. Non-operating Expenses RMB 3000000 !s[[X5
Cr. Provisions RMB 3000000 7SJtW`
~
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 %1kIaYZ
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: X~ g9TUv8
Dr. Provisions RMB 3000000 Fz@9
@
Cr. Cash in Bank RMB 2500000 9%^O-8!
Cr. Non-operating Income RMB 500000 <,Pk
Required: a3SBEkC
(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. gH|:=vfYUR
(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: C?t!Uvs
(a)Inventory Turnover Rate in 20×8;
L }pj+xB
(b)Gross Profit Ratio in 20×8; &[y+WrGG
(c)After Tax Return on Total Assets in 20×8; and XW q@47
FR
(d)Current Ratio as at December 31, 20×8 RZqou|ki
(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. tk!5"`9N
【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。 S0!w]Ku
以下是未经审计财务报表的部分信息: `clp#l.ii
(单位:千元) K4Hu0
项目 20×8 20×7 7&vDx=W
营业收入 64 000 48 000 b VcA#7
uA
营业成本 54 000 42 000
Jju^4
净利润 30 -20 dc,qQM
m,PiuR>
20×8年12月31日 20×7年12月31日 Jqz K5)
存货 16 000 12 000 5b;~&
N4~
流动资产 60 000 50 000 ygYy [IZ
总资产 100 000 90 000 |?4NlB6
流动负债 20 000 18 000 sk7]s7
总负债 30 000 25 000 1SSS0 &
在审计过程中,约翰发现以下事项: 0@kL<\u
(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: @k-iy-|3)
借:银行存款5 820 000 g,s^qW0vds
财务费用 180 000 }mOo= )C!
贷:应收票据6 000 000 ;2l|0:
(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: (W+aeB0
借:营业外支出 3 000 000 _~O*V&
贷:预计负债 3 000 000 ,#K{+1z:
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: p;.M.
借:预计负债 3 000 000 {fS~G2@1
贷:银行存款 2 500 000 8QQh1q2
营业外收入 500 000 /-Z}=
要求: V{n7KhN~Y!
(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。 Cm;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: =TJ9Gr/R&:
(a)20×8年存货周转率 R$i-%3
(b)20×8年销售毛利率 q@vqhE4
(c)20×8年总资产净利率 CI^s~M >
(d)20×8年12月31日的流动比率 d .%2QkL
(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) *P8CzF^>\&
【答案】 zwk&3
(1)应选择营业收入作为计算重要性水平的基础。 D>0(*O
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 <!F".9c@A
.q1y)l-^Z
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 N5zx# g
销售毛利率=(64000-54000)/64000×100%=15.63% AG><5 }
总资产净利率=30/[(100000+90000)/2]=0.03% oX7_v_:J\R
流动比率=60000/20000=3 <<R2
X1
(3) m|
3Q'
a.应建议做如下审计调整分录: !*S,S{T8
借:应收票据 6 000 000 $gZiW 8
贷:短期借款 5 820 000 i|m8#*Hd
财务费用 180 000 |K9*><P?)2
b.应建议做如下审计调整分录: &OA6Zw/A
借:预计负债 3 000 000 kU,g=+2J
贷:营业外支出 500 000 dh9@3. t
其他应付款 2 500 000 'x5p ?m