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)。 vJ'yz#tl9
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:
K&\BwBU
(Expressed in RMB thousands) +_-)0[+p
FINANCLAL STATEMENTS ITEMS O>b&-U"R
20×8 +aXk^+~j
20×7 ^Q43)H0
L_.xr
?
Sales YN5OuKMUd'
64000 NejsI un%
48000 x]%4M\T``
[X$|dOm'N
Cost of sales ~'Qpf 8)
54000 sa0^1$(<
42000 =A6u=
+*:x#$phx
Net profit KOAz-h@6
30 "PDS
qYA
-20 =?
I1V#.
J7
*G/F
DoCQFSL
December 31, 20×8 -;/@;W
December 31, 20×7 <5!RAdaj+
v#<+n{B
Inventory i-"h"nF"
16000 $U"P+
12000 ?:;hTY
3MBz
Current assets EDa08+Y
60000 1,;qXMhK`;
50000 _uy5?auQ
&:cTo(C'
Total assets -SC2Zgi)A
100000 )
*$
90000 qS/71Kv'
YRM6\S)py
Current liabilities "|l
oSf@
20000 ^B"_b?b
18000 |"tV["a
te)g',#lT
Total liabilities )/N Xh'
30000 UNZVu~WnF
25000 dC;d>j,
2sd=G'7!
pS|JDMo
During the audit, John has the following findings: 1rm$@
L
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: EJ
&ZZg
Dr. Cash in Bank RMB 5820000 as!|8JE`
Dr. Financial Expenses RMB 180000 ow>[#.ua
Cr. Notes Receivable RMB 6000000 E<m"en&v
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: ywsz"/=@
Dr. Non-operating Expenses RMB 3000000 *i]Z=
Cr. Provisions RMB 3000000 "*>QxA%c4
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 dE9aE# o
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: C>K"ZJ
Dr. Provisions RMB 3000000 Zs K'</7
Cr. Cash in Bank RMB 2500000 px(1Ppb9
Cr. Non-operating Income RMB 500000 G3?a~n^b
Required: 2Nt]Nj`
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. ;Wrd=)Ka
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: HjF'~n
(a)Inventory Turnover Rate in 20×8; =B{$U~}
(b)Gross Profit Ratio in 20×8; G}hkr
(c)After Tax Return on Total Assets in 20×8; and >8mW-p
(d)Current Ratio as at December 31, 20×8 A`8}J4
(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. }-]s#^'w
【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。 &B5Rzz-'
以下是未经审计财务报表的部分信息: [r<
Y0|l,m
(单位:千元) xyJgHbml
项目 20×8 20×7 O [ ; 6E
营业收入 64 000 48 000 m5Laq'~0_
营业成本 54 000 42 000 Y<$"]@w
净利润 30 -20 H&K)q5~
T6?d`i i1
20×8年12月31日 20×7年12月31日 eEds-&_
存货 16 000 12 000 FVLA^$5
c
流动资产 60 000 50 000 +w}%gps
总资产 100 000 90 000 1nM?>j%k
流动负债 20 000 18 000 6I.+c
总负债 30 000 25 000 =VI`CBQ/Um
在审计过程中,约翰发现以下事项: V@s/]|rf,
(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: MS^hsUj}
借:银行存款5 820 000 5>k~yaju/
财务费用 180 000 @md^mss
贷:应收票据6 000 000 $/(/v?3][e
(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: +wgUs*(W
借:营业外支出 3 000 000 ewlc ^`
贷:预计负债 3 000 000 u^eC
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:eO[~
借:预计负债 3 000 000 oTa+
E'q
贷:银行存款 2 500 000 =|t1eSzc
营业外收入 500 000 Vblf6qaBs
要求: 5TW<1'u
(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。 Tf]VcEF
(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: V\lF:3C
(a)20×8年存货周转率 "%iR-s_>
(b)20×8年销售毛利率
M]:B: ;
(c)20×8年总资产净利率
rlh6\Fa
(d)20×8年12月31日的流动比率 j:<T<8.o
(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) ,3TD $2};.
【答案】 vP;tgW9Qk
(1)应选择营业收入作为计算重要性水平的基础。 leqSS}KU+
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 $R}iL
8{^GC(W{]
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 /u1zRw
销售毛利率=(64000-54000)/64000×100%=15.63% C2%3+
总资产净利率=30/[(100000+90000)/2]=0.03% CZno2$8@e
流动比率=60000/20000=3 4>eg@s N
(3) @)B5^[4(;
a.应建议做如下审计调整分录: NNV.x7
借:应收票据 6 000 000 6E%
k{ r
贷:短期借款 5 820 000 TgG)btQ
财务费用 180 000 ;Cpm3at
b.应建议做如下审计调整分录: yq^$H^_O
p
借:预计负债 3 000 000 {.'g!{SHp
贷:营业外支出 500 000 QLLVOJi
其他应付款 2 500 000 -BH'.9uqGQ