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)。 /8m2oL\<
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: nADt8
(Expressed in RMB thousands) `"~s<+
FINANCLAL STATEMENTS ITEMS >!u@>
20×8 fzcPi9+
20×7 9{&APxm
HqM>K*XKU
Sales P$l-p'U-
64000 ~9#x/EG/
48000 [f`^+,U
ifA=qn0=
}
Cost of sales (EZ34,k'S
54000 m
,B,dqT
42000 Mou@G3
yWS#{|o(
Net profit nT7{`aaQl
30 OPm?kr
-20 g;p]lVx=>
oh%kuO T[
DGfhS` X
December 31, 20×8 @q=l H
*=
December 31, 20×7 Z)iRc$;
D@]gc&JN[
Inventory 2kv%k3Q{
16000 00DWXGt20o
12000 [>`[1;a X
[y^)&L$=
Current assets _W@SCV)yH
60000 *7L*:g
50000 1\v$8pP+
wLa^pI4p ^
Total assets 9C$#A +~C
100000 2m`4B_g A
90000 T9
@^@l$
fX.V+.rj
Current liabilities w1zI"G~4/Q
20000 {?a9>g-BW
18000 ~&E|;\G
.3;bUJ1
Total liabilities .aRL'1xHl
30000 tykA69X\W
25000 *q5'~)W<
E\M{/.4 4
*%0f^~!G<p
During the audit, John has the following findings: xx}R6VKU.
(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: o?G^=0T
Dr. Cash in Bank RMB 5820000 |pIA9/~Z
Dr. Financial Expenses RMB 180000 ~;ink
Cr. Notes Receivable RMB 6000000 ++KY+j.^
(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: =hV-E
D
Dr. Non-operating Expenses RMB 3000000 f;/t7=>d
Cr. Provisions RMB 3000000 -25#Vh
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 >40B
Fxc
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: -KRHcr \
Dr. Provisions RMB 3000000 V/5hEo Dt
Cr. Cash in Bank RMB 2500000 `I$qMw,@
Cr. Non-operating Income RMB 500000 M/U$x /3K
Required: M
mg#Vy~
(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. Df_W>QC
(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: Xco$
yF%
(a)Inventory Turnover Rate in 20×8; 9Ao0$|@b
(b)Gross Profit Ratio in 20×8; ~A8%[.({5
(c)After Tax Return on Total Assets in 20×8; and v{rc5 ]\R
(d)Current Ratio as at December 31, 20×8 ArkFC
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. i'!M<>7
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 W7NHr5RC
以下是未经审计财务报表的部分信息: ;WIL?[;w
(单位:千元) ~qNpPIrGr
项目 20×8 20×7 PN:8H>
营业收入 64 000 48 000 <$liWAGX\
营业成本 54 000 42 000 6'C!Au
净利润 30 -20 @S~'m;
X.0/F6U
20×8年12月31日 20×7年12月31日 1{ #Xa=
存货 16 000 12 000 *D1fSu!
流动资产 60 000 50 000 Vvx(7p-GQ
总资产 100 000 90 000 ^_<>o[qE
流动负债 20 000 18 000 x7e
总负债 30 000 25 000 #e%.z+7I
在审计过程中,约翰发现以下事项: oW
yg/{M
(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:
y? [*qnPj
借:银行存款5 820 000
Y6A]dk
财务费用 180 000 gB3&AQ
贷:应收票据6 000 000 T
4
SByX9
(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: Fg
a9
借:营业外支出 3 000 000 | -Di/.
贷:预计负债 3 000 000 (2@b ,w^
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: BO\l>\)Ir
借:预计负债 3 000 000 +
Z XGT
贷:银行存款 2 500 000 KGUpXMd^Z
营业外收入 500 000 'OGOT0(
要求: 9\)NFZ3Mz
(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。 {s8''+Q#(-
(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: M
O5fu!
(a)20×8年存货周转率 #)R;6"
(b)20×8年销售毛利率 \Y9=dE}
(c)20×8年总资产净利率 9[N'HpQ3
(d)20×8年12月31日的流动比率 nGW
wXySq
(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) kSNVI-Wzu
【答案】 mUy/lo'4
(1)应选择营业收入作为计算重要性水平的基础。 jTws0=F*
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 6o;lTOes
!w
f N~.Y
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 MC#bo{Bq3-
销售毛利率=(64000-54000)/64000×100%=15.63% [ur/`
总资产净利率=30/[(100000+90000)/2]=0.03% -lL*WA`
流动比率=60000/20000=3 +:&(Ag
(3) Cu;X
{F'H
a.应建议做如下审计调整分录: Op3 IL/
借:应收票据 6 000 000 n 2#uH
贷:短期借款 5 820 000
glHag"(
财务费用 180 000 {>FA ~}cX.
b.应建议做如下审计调整分录: 0'97af
借:预计负债 3 000 000 k9 *0xukJ
贷:营业外支出 500 000 lRt8{GFy
其他应付款 2 500 000 EZP2Bb5g