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)。 c*`=o(S
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: 8yn}|Y9Fu
(Expressed in RMB thousands) t5jZ8&M5]
FINANCLAL STATEMENTS ITEMS 8K0@*0
20×8 m8<l2O=m
20×7 \v[?4[
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Sales @F0+t;
64000 e-e*%
48000 fs
wQ*
T_b$8GYfCY
Cost of sales u.L{3gkT
54000 #&ZwQ
w
42000 qx<h rC0Z&
'J"m`a8no
Net profit W4o$J4IX{
30 ]-G10p}Ph-
-20 *&lNzz5&
gl~>MasV&
V?"SrXN>
December 31, 20×8 Q7@.WG5
December 31, 20×7 >@9>bI+Q
{P@OV1
Inventory 6+Wkcrh
16000 1dahVc1W
12000 ]S#m
o
MC&sM-/
Current assets Y]gb`z$?
60000 Km9Y_`?
50000 +Pm
yFJH
NRgNW1#
Total assets #^~[\8v>
100000 WN%KATA
90000 }+Ne)B E
z}:|is)?
Current liabilities ^q=D!g
20000 jk'.Gz
18000 b 5X~^L
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Total liabilities $Q cr
30000 V)8d1S
25000 !9knFt43
Mk~]0d
Q-g}{mFS
During the audit, John has the following findings: g1s\6%g
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: sHSD`mYq
Dr. Cash in Bank RMB 5820000 \KJ\> 2Y
Dr. Financial Expenses RMB 180000 qvH7 otA
Cr. Notes Receivable RMB 6000000 rG*Zp7{
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: CZL:&~l1
Dr. Non-operating Expenses RMB 3000000 vhQ IkB8
Cr. Provisions RMB 3000000 )|?s!rw +
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 6*n<emP
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: `pzXh0}|
Dr. Provisions RMB 3000000 }t^N|I
Cr. Cash in Bank RMB 2500000 b=Y:`&o=[
Cr. Non-operating Income RMB 500000 NY`$D}Bi
Required: TsB"<6@!AA
(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. |_^A$Hv
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: ?4 fXCb]7
(a)Inventory Turnover Rate in 20×8; D+ )R_
(b)Gross Profit Ratio in 20×8; X <<hb
(c)After Tax Return on Total Assets in 20×8; and "5,tEP!
(d)Current Ratio as at December 31, 20×8 x!08FL)
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. (79y!&9p
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 1k
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以下是未经审计财务报表的部分信息: @rO4BTi>O
(单位:千元) [?vn>
项目 20×8 20×7 Gx]J6Z8
营业收入 64 000 48 000 cJnAwIs_e`
营业成本 54 000 42 000 Gw/imXL
净利润 30 -20 [8o!X)
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20×8年12月31日 20×7年12月31日 nCz_gYcIx
存货 16 000 12 000 3k J8Wn
流动资产 60 000 50 000 +v`?j+6z
总资产 100 000 90 000 :q
x
d])-
流动负债 20 000 18 000 8RfFP\ AP
总负债 30 000 25 000 T7!"gJ
在审计过程中,约翰发现以下事项: vIi#M0@N
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: Gqz<;y
借:银行存款5 820 000 ;;2Yfn'`9
财务费用 180 000 J4-64t nZ
贷:应收票据6 000 000 &F
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(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: b`=\<u8
借:营业外支出 3 000 000 tCJ+OU5/
贷:预计负债 3 000 000 c<`Z[EY(t
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: d&dp#)._8
借:预计负债 3 000 000 19u'{/Y"
贷:银行存款 2 500 000 rl
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营业外收入 500 000 `Eijy3>h
要求: I'_u4
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 9D2}heTN
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: )L*6xTa~
(a)20×8年存货周转率 X5| <qu
(b)20×8年销售毛利率 VZ`L-P$AF
(c)20×8年总资产净利率 t_-1sWeA!
(d)20×8年12月31日的流动比率 xMAfa>]{n
(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) 4+Sq[Rv0
【答案】 y7;i4::A\
(1)应选择营业收入作为计算重要性水平的基础。 }E\ b_.
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 | Vtd!9
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 =,/08Cs
销售毛利率=(64000-54000)/64000×100%=15.63% :Kl~hzVSOa
总资产净利率=30/[(100000+90000)/2]=0.03% f
xWW"B*A
流动比率=60000/20000=3 vgc#IEx@
(3) q"|,HpQ
a.应建议做如下审计调整分录: &B</^:
借:应收票据 6 000 000 5ayM}u%\~
贷:短期借款 5 820 000 Ye '=F
财务费用 180 000 6/m|Sg.m
b.应建议做如下审计调整分录: eVobs2s
借:预计负债 3 000 000 (8(7:aE$
贷:营业外支出 500 000 ^ di[J^
其他应付款 2 500 000 k* ayzg3F>