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)。 rSYzrVc
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: Daa2.*
(Expressed in RMB thousands) T4\F=iw4
FINANCLAL STATEMENTS ITEMS S)@95pb
20×8 O1.a=O
20×7 *CA7
{2CX
Lmy ^/P%
Sales 5"IbmD>D
64000 g2=5IU<
48000 (]|rxmycA
p2|BbC\N
Cost of sales V01-n{~G
54000 Z7eD+4gD
42000 He4sP`&I
5N:THvh6o
Net profit DcN s`2
30 lg0iNc!
-20 *3h
qz<p4:
}ug|&25D
x,\PV>
December 31, 20×8 d1c_F~h<
December 31, 20×7 #L-3eW=f
zS*X9|p
Inventory X*2MNx^K~
16000 $vS`w4Y
12000 QD0upYG
Q?GmSeUi
Current assets 9w
-t9X>X
60000 lc%2Pi[X
50000 Bv^{|w
'[]V%^F
Total assets Ix,`lFbH
100000 Z2Bl$ \
90000 .1u"16_
;r[@;2p*(
Current liabilities 8v6YOG"b
q
20000 Q(-:)3g[aL
18000 ellj/u61bj
eu(1bAfS&T
Total liabilities 2\ /(!n
30000 #c5 NFU}9
25000 A f@IsCOJ
#c V_p
$cri"G
During the audit, John has the following findings: JJ3(0
+
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: .y {qsL^P
Dr. Cash in Bank RMB 5820000 L Ty[)
Dr. Financial Expenses RMB 180000 J9^RP~>bs
Cr. Notes Receivable RMB 6000000 !2WRxM
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: 8|A*N<h
Dr. Non-operating Expenses RMB 3000000 dZ&/Iz
Cr. Provisions RMB 3000000 +I0?D
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 %+iJpRK)7
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: A]2zK?|s
Dr. Provisions RMB 3000000 4/$ $?w4
Cr. Cash in Bank RMB 2500000 Oslbt8)U6
Cr. Non-operating Income RMB 500000 e,qc7BJzK
Required: Nhv~f0
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. o$>A;<
(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: Int6xoz
(a)Inventory Turnover Rate in 20×8; RsS?ibozl
(b)Gross Profit Ratio in 20×8; s@C@q(i6
(c)After Tax Return on Total Assets in 20×8; and $-m`LF@
(d)Current Ratio as at December 31, 20×8 83UIH0(
(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. 0nS69tH
【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。 ~Rx[~a
以下是未经审计财务报表的部分信息: BlQu9{=n
(单位:千元)
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项目 20×8 20×7 mh>)N"
营业收入 64 000 48 000 Mg]q^T.a
营业成本 54 000 42 000 08&DP^NS
净利润 30 -20 '{j.5~4y
KTd,^h
20×8年12月31日 20×7年12月31日 8V%(SV
存货 16 000 12 000 p%_#"dkC7
流动资产 60 000 50 000 GMLq3_'
总资产 100 000 90 000 ]sJWiIe.
流动负债 20 000 18 000 }tT"vCu
总负债 30 000 25 000 ba^cw}5
在审计过程中,约翰发现以下事项: 3k;*xjv6@
(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:
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借:银行存款5 820 000 R_oj
K&%
财务费用 180 000 |HXI4MU"
贷:应收票据6 000 000 dI<s)!
(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: 7vR JQe)
借:营业外支出 3 000 000 bNR}Mk]?
贷:预计负债 3 000 000 4A:@+n%3m
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: s{#ZRmc2B
借:预计负债 3 000 000 0n+Wv@/
贷:银行存款 2 500 000 +Gi~VW.
营业外收入 500 000 }wrZP}zM>
要求:
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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。 2xH9O{
(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: LUv>0G#L[
(a)20×8年存货周转率 $Ml/=\EHOg
(b)20×8年销售毛利率 T<06y3sN
(c)20×8年总资产净利率 .vG_ \-@
(d)20×8年12月31日的流动比率 "; tl>Ot
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) Fxy-_%a
【答案】 306C_M\$
(1)应选择营业收入作为计算重要性水平的基础。 CZv.$H"lW
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 .4A4\-Cqe
09`5<9/
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ^EE3E'
销售毛利率=(64000-54000)/64000×100%=15.63% "BZ6G`
总资产净利率=30/[(100000+90000)/2]=0.03% =]yJvn"
流动比率=60000/20000=3 W'6~`
t
(3) PhF3'
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a.应建议做如下审计调整分录: S/& _
借:应收票据 6 000 000 |i5A
F\w
贷:短期借款 5 820 000 u^SXg
dj
财务费用 180 000 )Ac+5bs
b.应建议做如下审计调整分录: Z3Os9X9p
借:预计负债 3 000 000 8SK}#44Xz
贷:营业外支出 500 000 O/$pT%D1x
其他应付款 2 500 000 hN$6Kx>{