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)。 N/N~>7f
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: A#Jx6T`a
(Expressed in RMB thousands) kG3m1: :
FINANCLAL STATEMENTS ITEMS ABnJ{$=n#
20×8 Ouc$M2m0!
20×7 5'[b:YC
p6W|4_a?
Sales XlU`jv+
64000 OOj}CZ6
48000 {3*Zx"e![
pK@8= +
Cost of sales 9g`o+U{
54000 8{4jlL;"`?
42000 o",J{
c R6:AGr
Net profit % (x9~"
30 |#`qP^E
-20 5?1:RE(1
'o]8UD(
&O.lIj#FR
December 31, 20×8 xh9Os <
December 31, 20×7 i5jsM\1j
&Z6s\r%
Inventory ,\=,,1_
16000 :[.**,0R
12000 Ipyr+7/zJ
j)b[7%
Current assets )lrmP(C*.a
60000 swLrp
74
50000 [e;c)XS[
NNP u
t$.
Total assets |kh7F0';"
100000 GEUC<bL+
90000 7HM%Cd
fKOC-%w
Current liabilities ;30SnR/
20000 ^n&_JQIXb
18000 rki0! P`
k}FmdaPI'
Total liabilities G#nZ%qQ:I
30000 6-J%Z%yT #
25000 b ]u01T-
S>V+IKW;(
3
G_0DS
During the audit, John has the following findings: aGq1YOD[$
(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:
`A ^
Dr. Cash in Bank RMB 5820000 =C 7 WQ
Dr. Financial Expenses RMB 180000 25{-GaB
Cr. Notes Receivable RMB 6000000 SZ(]su:
(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: JK'FJ}Z4
Dr. Non-operating Expenses RMB 3000000 Z]qbLxJV
Cr. Provisions RMB 3000000 jiqE^j3;
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 omzG/)M: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:
Bvsxn5z+:
Dr. Provisions RMB 3000000 2rPmu
Cr. Cash in Bank RMB 2500000 5L\&"['
Cr. Non-operating Income RMB 500000 ~kFL[Asnaf
Required: !8*lU2
(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. _=-B%m
(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: +FJ+,|i
(a)Inventory Turnover Rate in 20×8; \45F;f_r6
(b)Gross Profit Ratio in 20×8; 7m:ZG
(c)After Tax Return on Total Assets in 20×8; and ?!HU$>
(d)Current Ratio as at December 31, 20×8 c8Je&y8
(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. %8{nuq+c
【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。 {ep(_1
以下是未经审计财务报表的部分信息: 7!U^?0?/
(单位:千元) D0^h;wJ=4+
项目 20×8 20×7 |ya.c\}q
营业收入 64 000 48 000 YJu~iQ`i
营业成本 54 000 42 000 J"~!jrzBh(
净利润 30 -20 V@rqC[on
n#^ii/H
20×8年12月31日 20×7年12月31日 2"6bz
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存货 16 000 12 000 `3yK<-
流动资产 60 000 50 000 a'Yi^;2+\
总资产 100 000 90 000 G&
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流动负债 20 000 18 000 -}(2}~{e(
总负债 30 000 25 000 Z5|BwM
在审计过程中,约翰发现以下事项: Z0%:j\W4c
(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: &&g02>gE
借:银行存款5 820 000 e2^TQv2(=e
财务费用 180 000 T.}Y&,n$$5
贷:应收票据6 000 000 c{
([U
(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: +\]Gu
(z<
借:营业外支出 3 000 000 bEm9hFvd
贷:预计负债 3 000 000 {B-
*w%}HU
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$N;Qb
借:预计负债 3 000 000 #/B g5:
贷:银行存款 2 500 000 8W Etm}
营业外收入 500 000 Z+=M_{`{
要求: -}3nIk<N
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 Q_>W!)p Gz
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: y*%uGG5
(a)20×8年存货周转率 BU#3fPl
(b)20×8年销售毛利率 6n^@Ps
(c)20×8年总资产净利率 6EeO\Qj{
(d)20×8年12月31日的流动比率 Ej8g/{
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) YPW
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【答案】 H*e +
2
(1)应选择营业收入作为计算重要性水平的基础。 S$ffTdRz
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ;y_ ]w6|n
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86
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销售毛利率=(64000-54000)/64000×100%=15.63% [ ou$*
总资产净利率=30/[(100000+90000)/2]=0.03% (9R;-3vY:S
流动比率=60000/20000=3 .,20_<j%=
(3) HuJc*op-6
a.应建议做如下审计调整分录: TJ1h[
借:应收票据 6 000 000 +Qf}&D_
贷:短期借款 5 820 000 5owK2
财务费用 180 000 A=3L_
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b.应建议做如下审计调整分录: T<-_#}.Hn
借:预计负债 3 000 000 Re&"Q8I.8
贷:营业外支出 500 000 .cbC2t95
其他应付款 2 500 000 oKb"Ky@s