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)。 1Ml<>
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: <tBT?#C9+
(Expressed in RMB thousands) *;9H \%
FINANCLAL STATEMENTS ITEMS /&Cq-W
20×8 l"(PP3
20×7 iN.
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Sales i+qg*o$
64000 A$N%deb
48000 R6BbkYWrX
k}F7Jw#.
Cost of sales S6(48/
54000 M9A1
8d|
42000 ?gUraSFU
=.;ib6M
Net profit Y,v9o
30 LdH1sHy*d`
-20 vD9\i*\2
.`m|Uf#"
_
v0dzM/?*
December 31, 20×8 T)sIV5bk
December 31, 20×7 ,hu@V\SKv
sZCK?
Inventory <uv`)Q 9
16000 p\6}<b"p
12000 ']eN4H&=?}
Pe,k y>ow
Current assets \t1#5
60000 )W 5g-@
50000 Be]z @E1x
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Total assets &_-=(rK
100000 p@%Pdx
90000 lAM)X&}0
K"XwSZ/
Current liabilities F?R6zvive
20000 U5N |2
18000 |(*btdqy3
M j[+h|e
Total liabilities 8 <;.[l
30000 gh*k\0
25000 +58^{_k+%
^i#0aq2}
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During the audit, John has the following findings: QxLrpM"O
(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: Qc-W2%
Dr. Cash in Bank RMB 5820000 }v2p]D5n.
Dr. Financial Expenses RMB 180000 Xe\}(O
Cr. Notes Receivable RMB 6000000 72xf|s=
(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: NR(rr.
Dr. Non-operating Expenses RMB 3000000 ,"`3N2!Y}
Cr. Provisions RMB 3000000 M !"Q7>d
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 q`{@@[/(y
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: ;kZD>G8
Dr. Provisions RMB 3000000 fJ.=,9:<
Cr. Cash in Bank RMB 2500000 nbP}a?XC
Cr. Non-operating Income RMB 500000 !p+rU?
Required: m`fdf>gWp
(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. !gRU;ZQU_
(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: @q<h.#9
(a)Inventory Turnover Rate in 20×8; ufR>*)_+
(b)Gross Profit Ratio in 20×8; Z"Hq{?l9
(c)After Tax Return on Total Assets in 20×8; and ,e1c,}
(d)Current Ratio as at December 31, 20×8 KYB3n85 1
(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. 2i!R>`
【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。 c/bT5TIEWs
以下是未经审计财务报表的部分信息: 6zU0 8z0-
(单位:千元) lY`WEu
项目 20×8 20×7 ?^!J:D?
营业收入 64 000 48 000 [7`S`\_NK
营业成本 54 000 42 000 4IfkYM
净利润 30 -20 W
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20×8年12月31日 20×7年12月31日 XU}i<5
存货 16 000 12 000 '!Va9m*w7
流动资产 60 000 50 000 h6LjReNo
总资产 100 000 90 000 8b,Z)"(U3
流动负债 20 000 18 000 8cY5:plK
总负债 30 000 25 000 ZT&[:>upR
在审计过程中,约翰发现以下事项: d:&cq8^
(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: EiM\`"o
借:银行存款5 820 000 <LBCu;
财务费用 180 000 MJe/ \
贷:应收票据6 000 000 4xs>X7
(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: mL}Wan
借:营业外支出 3 000 000 H/x9w[\+[
贷:预计负债 3 000 000 C|FI4/-e
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: Ve[Kv07
借:预计负债 3 000 000 e
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贷:银行存款 2 500 000 nrpbQ(zI*
营业外收入 500 000 <MhODC")
要求: p
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(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。 _pS)bxw
(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|mg<Ft
(a)20×8年存货周转率 <4?(|Vh[m]
(b)20×8年销售毛利率 w{;bvq%lY
(c)20×8年总资产净利率 P&o+ut:
(d)20×8年12月31日的流动比率 H9VdoxKo
(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) z9AX8k(B6
【答案】 q,Nqv[va
(1)应选择营业收入作为计算重要性水平的基础。 q}JP
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 78Zb IL
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 2+(SR.oGq
销售毛利率=(64000-54000)/64000×100%=15.63% K)`l >o1
总资产净利率=30/[(100000+90000)/2]=0.03% )u!}`UJ
流动比率=60000/20000=3 ) { "}bMf
(3) 8.`5"9Vh
a.应建议做如下审计调整分录: `kOp9(Q{
借:应收票据 6 000 000 fk5pPm|MiL
贷:短期借款 5 820 000 !qs~j=;y3
财务费用 180 000 czo*_q%
b.应建议做如下审计调整分录: g( eA?
借:预计负债 3 000 000 {
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贷:营业外支出 500 000 14-uy.0[
其他应付款 2 500 000 BXl
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