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)。 ]6}|X#_
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: 6VCw>x
(Expressed in RMB thousands) syBYH5
FINANCLAL STATEMENTS ITEMS H-0deJ[>
20×8 bha_bj
20×7 L3i\06M
JnPA; 1@/
Sales cl14FrpYu
64000 %o*afd
48000 MhJq~G p
]Alu~ Dw
Cost of sales 0'aZ*ozk
54000 W\FKAvS
42000 /I".n]
I,t 0X)
Net profit H^'EY:|
30 /AW6XyMD_
-20 D|_}~T>;&
N=:yl/M
ygT,I+7\
December 31, 20×8 vhKeW(z
December 31, 20×7 sveFxI
21w<8:Vg
Inventory ,!bOzth2>K
16000 ?Tb'J`MO
12000 B/pNM81(
ka"jv"z
Current assets ,>"1'i&@
60000 zg|yW6l)9
50000 \/{qE hP
0^{z
q|%Q!
Total assets !tX14O~B-
100000 PP$Ig2Q
90000 sHh2>f@x$
Y5Ey%Mm6
Current liabilities 5%,n[qj4IT
20000 y\)bxmC
18000 7.akp
QAcvv 0Hv
Total liabilities /`2VJw
30000 6U# C
25000 vWzNsWPK"{
0*q~(.>a
4Mg09
During the audit, John has the following findings: "eGS~-DVK
(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: r}03&h~Hc&
Dr. Cash in Bank RMB 5820000 V}@c5)(j
Dr. Financial Expenses RMB 180000 ;41s&~eR
Cr. Notes Receivable RMB 6000000 Cg )#B+
(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: QIo|t!7F
Dr. Non-operating Expenses RMB 3000000 3/]J
i^+
Cr. Provisions RMB 3000000 KasOh"W.P
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 {zmo7~=
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: r|0C G^:C
Dr. Provisions RMB 3000000 iHQFieZ.E
Cr. Cash in Bank RMB 2500000 @yobT,DXi
Cr. Non-operating Income RMB 500000 x7{,4js
Required: } vcr71u
(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. 0Wv9K~F
(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: hFQC%N.'
(a)Inventory Turnover Rate in 20×8; b*.)m
(b)Gross Profit Ratio in 20×8; +$8hTi,
(c)After Tax Return on Total Assets in 20×8; and "B)DX*-\?
(d)Current Ratio as at December 31, 20×8 :UFf6T?
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. |%zhwDQ.
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 t}NxD`8
以下是未经审计财务报表的部分信息: Fd|:7NRA<
(单位:千元) V<ODt%
项目 20×8 20×7 4+l7v?:Pr
营业收入 64 000 48 000 @0B<b7Jv
营业成本 54 000 42 000 ?86h:9
净利润 30 -20 MQR2UK(
.%~
L
20×8年12月31日 20×7年12月31日
@A$%baH0
存货 16 000 12 000 etGquW.
流动资产 60 000 50 000 NP%ll e,l
总资产 100 000 90 000 f
( UcJx
流动负债 20 000 18 000 TpMfk7-
总负债 30 000 25 000 Z<ke!H
在审计过程中,约翰发现以下事项: I0)iC[s8;
(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: yu}
4L'e
借:银行存款5 820 000 y0A2{'w
财务费用 180 000 |a^ydwb
贷:应收票据6 000 000 1Rl`}7Km
(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: !K`;fp!
借:营业外支出 3 000 000 1F[;
)@
贷:预计负债 3 000 000 ]T
zN*6o
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: U.>n
]/&
借:预计负债 3 000 000 rr9HC]63
贷:银行存款 2 500 000 Q5 ohaxjF
营业外收入 500 000 E7*1QR{Q
要求: Wy4v~]xd%
(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。 HJ_xg6.x
(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: 73N%_8DH
(a)20×8年存货周转率 7d'@Z2%J0
(b)20×8年销售毛利率 T
0^U
]C
(c)20×8年总资产净利率 x-%nnC6e
(d)20×8年12月31日的流动比率 RZ?>>Ll6
(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) ;&:UxmTf
【答案】 }8x[
(1)应选择营业收入作为计算重要性水平的基础。 EHo"y.ODg
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 2hU4g
e
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Or6'5e?N
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 I`5MAvP
销售毛利率=(64000-54000)/64000×100%=15.63% O#u)~C?)8
总资产净利率=30/[(100000+90000)/2]=0.03% rV2}> k
流动比率=60000/20000=3 cH2
nG:H
(3) B=n]N+
a.应建议做如下审计调整分录: 8U\ +b?}
借:应收票据 6 000 000 j}h50*6KO
贷:短期借款 5 820 000 R`s /^0
财务费用 180 000 bS0^AVA
b.应建议做如下审计调整分录: i37W^9 R
借:预计负债 3 000 000 =YPWt>\a}
贷:营业外支出 500 000 ym ,S/Uz
其他应付款 2 500 000 EH4WR
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