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)。 Wp(Rw4j
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: gVI T6"/
(Expressed in RMB thousands) d:JP935
FINANCLAL STATEMENTS ITEMS fR#W#n#m
20×8 7g-{<d
20×7 J!d=aGY0-
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Sales d5#z\E??
64000 GxS!Lk
48000 SlI
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Cost of sales g>;"Fymc'
54000 ~ugH2jiB
42000 UY^TTRrH
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Net profit L3Ivm:
30 VYnB&3%DF
-20 NS)
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P#-p*4
[7h/ 2La#
December 31, 20×8 I|.
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December 31, 20×7 Kj/Lcx;bh
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Inventory 3*#$:waGd
16000 `Ln1g@
12000 E'^ny4gL
TFDzTD
Current assets g5lK&-yu]
60000 UL]zuW/
50000 @
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ZwMd 22
Total assets cv-;fd>'
100000 _*-b0 }T
90000 N9 TM
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Current liabilities O:Wd
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20000 gUH|?@f
18000 ;jh.\a_\
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Total liabilities 4"#F=f0
30000 A9y@v{txN
25000 8\rAx P}=
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During the audit, John has the following findings: py$i{v%
(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: i4lB]k
Dr. Cash in Bank RMB 5820000 5?*Iaw
Dr. Financial Expenses RMB 180000 %lGT|XrY
Cr. Notes Receivable RMB 6000000 wU-Cb<^
(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: )!=fy']
Dr. Non-operating Expenses RMB 3000000 ?N]G;%3/
Cr. Provisions RMB 3000000 ]l^"A~va
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 F%$lcQ04%
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: IwR=@Ne8
Dr. Provisions RMB 3000000 ='6@^6y
Cr. Cash in Bank RMB 2500000 0u
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Cr. Non-operating Income RMB 500000 `2`h4[^ [X
Required: (5kL6d2
(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. K0Lc~n/
(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: T;v^BVn
(a)Inventory Turnover Rate in 20×8; MbeK{8~E%l
(b)Gross Profit Ratio in 20×8; oxLO[js
(c)After Tax Return on Total Assets in 20×8; and qdo_YPG
(d)Current Ratio as at December 31, 20×8 ,15$$3z /E
(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. A>6_h1
【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。 ]CX^!n
以下是未经审计财务报表的部分信息: 7%W@Hr,%F
(单位:千元) !}q@O-}j
项目 20×8 20×7 5hfx2O)
营业收入 64 000 48 000 (zw.?ADPCT
营业成本 54 000 42 000 5")BCA
净利润 30 -20 !,{-q)'D
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20×8年12月31日 20×7年12月31日 ^_/gM[H.
存货 16 000 12 000 QB*n
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流动资产 60 000 50 000 W?0u_F
总资产 100 000 90 000 ([]\7}+8
流动负债 20 000 18 000 H>wXQ5 ?W;
总负债 30 000 25 000 g
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在审计过程中,约翰发现以下事项: 0>:`|IGnT2
(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: *_"lXcG.
借:银行存款5 820 000 zLg_0r*h1
财务费用 180 000 tD])&0"(
贷:应收票据6 000 000 RQ,X0pS
(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: ;Bat--K7+
借:营业外支出 3 000 000 :@S=0|:j
贷:预计负债 3 000 000 r@ba1*y0
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: H%;pPkIi
借:预计负债 3 000 000 /UtSZ(
贷:银行存款 2 500 000 n6{nx[%7N7
营业外收入 500 000 zwK$ q=-:
要求: n"<'F4r
(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。 <Ys7`e6eY
(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: KJ_L>$
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(a)20×8年存货周转率 Oyp)Wm;@
(b)20×8年销售毛利率 5D>cbzP@
(c)20×8年总资产净利率 l#a*w
(d)20×8年12月31日的流动比率 *-gmWATC6
(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) i|fkwV,5
【答案】 10*^
(1)应选择营业收入作为计算重要性水平的基础。 _#w5hXcu
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 MT<3OKo?:
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Z$S0X$q}
销售毛利率=(64000-54000)/64000×100%=15.63% ihIRB9
总资产净利率=30/[(100000+90000)/2]=0.03% t}gK)"g
流动比率=60000/20000=3 s"l ^v5
(3) 3Z74&a$
a.应建议做如下审计调整分录: H}lbF0`
借:应收票据 6 000 000 ;h#CT
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贷:短期借款 5 820 000 |2&|#K4k^
财务费用 180 000 [Rzn>
b.应建议做如下审计调整分录: IXsOTBM
借:预计负债 3 000 000 i>;6Z s>S
贷:营业外支出 500 000 Rr>""
其他应付款 2 500 000 EiWd =jDm