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)。 4.uaWM)2
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: LEe{fc?{
(Expressed in RMB thousands) >]%$lSCW\D
FINANCLAL STATEMENTS ITEMS eE=2~
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20×8 R/Z7}Q W
20×7 -rjQ^ze
Jf0i$
Sales *W^a<Zm8>
64000 w (z=xO
48000 #,#:{&H
ms!|a_H7r
Cost of sales `S5::U6E
54000 wr=KAsH<
42000 BjsTHS&
,Vo[mB
Net profit CEBG9[|
30 Yh;(puhyA
-20 n)Cr<^j
qX; F+~
_ WPt
zL
December 31, 20×8 _%Ua8bR$
December 31, 20×7 bq8Wvlv04
hQ!59
Inventory >p0,]-.J,r
16000 _d!o,=}
12000 `W" ;4A
;"ESN)*|i
Current assets }@ktAt
60000 ggitUQ+t;G
50000 "vQ%`
Q
Ctn?O~u
Total assets lKQevoy'
100000 _Gaem"k|
90000 NI.ROk1{+4
"frioi`a2
Current liabilities wHQ$xO;vD'
20000 5XzsqeG|
18000 1-N+qNSD`
9Li&0E
Total liabilities A>e-eD xi
30000 rnQ_0d
25000 }
XhL`%
8O(L;&h
`4X.UPJ
During the audit, John has the following findings: C984Ee
(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: 0!KYi_3
Dr. Cash in Bank RMB 5820000 YTmHht{j#
Dr. Financial Expenses RMB 180000 }&v-<qC^
Cr. Notes Receivable RMB 6000000 GCiG50Z=
(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: fA?v\'Qq/
Dr. Non-operating Expenses RMB 3000000 r}
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Cr. Provisions RMB 3000000 rIYO(}Fl
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ]W4{|%@H"
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: `Mbs6AJ
Dr. Provisions RMB 3000000 ;H`@x Lv*
Cr. Cash in Bank RMB 2500000 =<m!%/I
Cr. Non-operating Income RMB 500000 )bL(\~0g~
Required: jpS$5Ct
(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. >;Vfs{Z(q
(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: Njr;Wa.r+
(a)Inventory Turnover Rate in 20×8; +:=FcsY
(b)Gross Profit Ratio in 20×8; _j3rs97@|
(c)After Tax Return on Total Assets in 20×8; and -y|']I^ &
(d)Current Ratio as at December 31, 20×8 s^IC]sW\%
(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. x3#: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。 XksI .]tfj
以下是未经审计财务报表的部分信息: jF
j'6LT9/
(单位:千元) .boBb<
项目 20×8 20×7 ;~djbo0,X
营业收入 64 000 48 000 WLwi
营业成本 54 000 42 000 2p#d
净利润 30 -20 "aI)LlyCY
g\8B;
20×8年12月31日 20×7年12月31日 S;gy:n!t
存货 16 000 12 000 0*tnJB
流动资产 60 000 50 000 m.`I}
总资产 100 000 90 000 rl~Rb i
流动负债 20 000 18 000 xgj'um
总负债 30 000 25 000 zTfjuI|R
在审计过程中,约翰发现以下事项: /wJ4hHY
(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: $gz8!
f?
借:银行存款5 820 000 GD
d'{qE6
财务费用 180 000 =q)+_@24>d
贷:应收票据6 000 000 ;<''oY
(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: ?V+\E2
借:营业外支出 3 000 000 kONn7Itbu
贷:预计负债 3 000 000 +;,J0,Yn
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: );TB(PQsBT
借:预计负债 3 000 000 S{8-XiL,
贷:银行存款 2 500 000 3+d^Bpp
4
营业外收入 500 000 6SE^+@jR
要求: a73VDQr I
(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。 ZsXw]Wa
(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: qxAh8RR;/
(a)20×8年存货周转率 dhxzW@'nIL
(b)20×8年销售毛利率 4|I;z
(c)20×8年总资产净利率 Qt{V&Z7
(d)20×8年12月31日的流动比率 NB'G{),)Z
(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) ?u:mscb
【答案】 |Z2_W/
(1)应选择营业收入作为计算重要性水平的基础。 z;e@m2.IM
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 -AD`(b7q
!\d~9H%`B
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 KU{zzn;g
销售毛利率=(64000-54000)/64000×100%=15.63% f
QU_:[
Uz
总资产净利率=30/[(100000+90000)/2]=0.03% "nfi:A1
流动比率=60000/20000=3 7t#Q8u?
(3) (G} }h
a.应建议做如下审计调整分录: T+E
wC)Ll
借:应收票据 6 000 000 ^z{Xd|{"
贷:短期借款 5 820 000 .o]I^3tfc
财务费用 180 000 $uFvZ?w&
b.应建议做如下审计调整分录: V_m!<sr (
借:预计负债 3 000 000 n{L^W5B
贷:营业外支出 500 000 :=+YZ|&j
其他应付款 2 500 000 .57Fh)Y