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)。 Z5oX
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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: l7.W2mg
(Expressed in RMB thousands) \Mujx3Fmvx
FINANCLAL STATEMENTS ITEMS w6^X*tE
20×8 OG M9e!
20×7 &oA p[]
CL~21aslI
Sales oX2J2O
64000 eX+FtN
48000 3#IU^6l:1S
S.!0~KR:U
Cost of sales C*S%aR
54000 M"E ]r=1
42000 6X@]<R
+npcU:(Kg
Net profit /(aKhUjhb
30 L$ nFRl&
-20 liYR8 D
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Dy]
@IB+@RmL
December 31, 20×8 cY}Nr#%s@U
December 31, 20×7 1pUIZ$@?`
W?(^|<W
Inventory nvJ2V$
16000 :6^8Q,C1@
12000 CoZXbTq
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Current assets ?z:Xdx\l
60000 }]qx "
50000 ' O\me
QQd%V#M?
Total assets o9tvf|+z
100000 "S">#.L
90000 Ly0U')D:
m[@7!.0=
Current liabilities [7QIpt+FSo
20000 p'`SYEY@Z
18000 a"!D @a
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Total liabilities jY]hMQ/H
30000 Vd8BQB,Q
25000 C$Y pk\p
9$9Pv%F:j
:QSCky*i
During the audit, John has the following findings: ]t69a4&,#9
(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: 1I#S?RSb
Dr. Cash in Bank RMB 5820000 iNTw;ov
Dr. Financial Expenses RMB 180000 Jy,Dcl
Cr. Notes Receivable RMB 6000000 Wcgy:4K3
(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: zLG5m]G4D
Dr. Non-operating Expenses RMB 3000000 nUZ+N)*
Cr. Provisions RMB 3000000 W^c> (d</
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 'qosw:P
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: K%Sy~6iD&
Dr. Provisions RMB 3000000 (5l5@MN
Cr. Cash in Bank RMB 2500000 EW* 's(
Cr. Non-operating Income RMB 500000 #+1*g4m~B
Required: va(ZGGS]N
(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. =h~\nTN
(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: 1 :xN )M,s
(a)Inventory Turnover Rate in 20×8; +^St"GWY
(b)Gross Profit Ratio in 20×8; pGZI697
(c)After Tax Return on Total Assets in 20×8; and 0NY2Kw;
(d)Current Ratio as at December 31, 20×8 1|za>N6[yu
(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. ,g R9~k,
【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。 ZMSP8(V
以下是未经审计财务报表的部分信息: \O"EK~x}/
(单位:千元) DA[s k7
项目 20×8 20×7 oGzZ.K3 A
营业收入 64 000 48 000 DU6AlNx
营业成本 54 000 42 000 bDLPA27
净利润 30 -20 KrQ8//Ih
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20×8年12月31日 20×7年12月31日 3pSkk
存货 16 000 12 000 >Q0HqOq
流动资产 60 000 50 000 `+~@VZ3m
总资产 100 000 90 000 D`;Q?fC
流动负债 20 000 18 000 XYbc1+C
总负债 30 000 25 000 t^h{D
在审计过程中,约翰发现以下事项: )V!dmVQq{g
(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: Ea%}VZ&[
借:银行存款5 820 000 bg\~"
财务费用 180 000 8^3Z]=(Q
贷:应收票据6 000 000 t]Ey~-Rx
(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: P^-
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借:营业外支出 3 000 000 mQQ5>0^m
贷:预计负债 3 000 000 M1Jnn4w*d
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: _rQM[{Bkg
借:预计负债 3 000 000 :Mss"L820
贷:银行存款 2 500 000 D`=hP(y^
营业外收入 500 000 U>^u!1X
要求: UR~9*`Z ,
(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。 < PoRnx
(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: *KP
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(a)20×8年存货周转率 .bh>_ W_h
(b)20×8年销售毛利率 '1{#I/P;
(c)20×8年总资产净利率 pn6 e{
(d)20×8年12月31日的流动比率 :@6,|2be=
(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) H26'8e
【答案】 eMf+b;~R
(1)应选择营业收入作为计算重要性水平的基础。 %DAF26t
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 /cBQE=]6
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ;;E "+.
销售毛利率=(64000-54000)/64000×100%=15.63% {`0GAW)q
总资产净利率=30/[(100000+90000)/2]=0.03% b??k|q
流动比率=60000/20000=3 'l$<DcBj
(3) lZTD>$
a.应建议做如下审计调整分录: Z:|2PQ4
借:应收票据 6 000 000 F`9;s@V*
贷:短期借款 5 820 000 Dm':D
财务费用 180 000
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b.应建议做如下审计调整分录: gk+$CyjJ
借:预计负债 3 000 000 2nOoG/6
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贷:营业外支出 500 000 %(`4wo},
其他应付款 2 500 000
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