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)。 Y~GUR&ww0n
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: kGj]i@(PA4
(Expressed in RMB thousands) L{K*~B -p
FINANCLAL STATEMENTS ITEMS Vw?P.4
20×8 2;R/.xI6v
20×7 vz,LF=s2
v|To+P6b
Sales D'?]yyrf
64000 '5cZzC
2
48000 XbXgU#%
>%i9 oI<)
Cost of sales |lHFo{8"
54000 eHROBxH&
42000 Fi k@hu
vK`S!7x'&
Net profit R]VTV7D
30 [Z% l.
-20 FP@A;/c
T/5nu
?v
I`#EhH
December 31, 20×8 k2wBy'M.'
December 31, 20×7 8ipW3~-4
-|$* l
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Inventory r)%4-XeV
16000 ]t7ClT)n!
12000 =G[H,;W
o8mo=V4j
Current assets |H<|{{E
60000 (S 3jZ
50000 sV&`0N
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Total assets !
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100000 >5df@
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90000 |M]sk?"^
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Current liabilities _4~k3%w\`l
20000 frk7^5
18000 fyGCfM
Age-AJ
Total liabilities cyDiA(ot&
30000 ^]KIgGv\
25000 M'b:B*>6
YlG;A\]k
nO-d"S*
During the audit, John has the following findings: AK%=DVkM
(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: =tLU]
Dr. Cash in Bank RMB 5820000 ~igRg~k:/
Dr. Financial Expenses RMB 180000 M3)v-
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Cr. Notes Receivable RMB 6000000 jDFp31_
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(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: uFMs^^#
Dr. Non-operating Expenses RMB 3000000 f*UBigk
Cr. Provisions RMB 3000000 rK*hTjVn
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 S|s3}]g9
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: osI- o~#>
Dr. Provisions RMB 3000000 Hu[8HzJo
Cr. Cash in Bank RMB 2500000 WvIK=fdZ$
Cr. Non-operating Income RMB 500000 NEZH<#
Required: .Y+mwvLpRG
(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. d5
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(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: "<7$2!
(a)Inventory Turnover Rate in 20×8; YAX #O\,
(b)Gross Profit Ratio in 20×8; ngtuYASc
(c)After Tax Return on Total Assets in 20×8; and ;>cLbjD
(d)Current Ratio as at December 31, 20×8 }3bQ>whF
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. @+[Y0_
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 4+BrTGp
以下是未经审计财务报表的部分信息: 27}.s0{D
(单位:千元) f|;HS!$
项目 20×8 20×7 L;
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营业收入 64 000 48 000 mxtlr)
营业成本 54 000 42 000 ?S+/QyjcfJ
净利润 30 -20 2pVVoZV.<
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20×8年12月31日 20×7年12月31日
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存货 16 000 12 000 `#-p,NElV
流动资产 60 000 50 000 7
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总资产 100 000 90 000 rGQ86L<
流动负债 20 000 18 000 {LjK_J'
总负债 30 000 25 000 O@G<B8U,K
在审计过程中,约翰发现以下事项: TG""eC!E
(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: NdaVT5RB
借:银行存款5 820 000 lr)G:I#|
财务费用 180 000 =>E44v
贷:应收票据6 000 000 X20<r?^,,
(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: L
5hQdT/b$
借:营业外支出 3 000 000 yYVW"m
贷:预计负债 3 000 000 n=lggBRx
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: >b[4
借:预计负债 3 000 000 \ x>NB
贷:银行存款 2 500 000 "j*fVn
营业外收入 500 000 s|Imz<IE
要求: |:`?A3^m#
(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。 NB~*sP-l&
(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: UMnR=~.
(a)20×8年存货周转率 0j-F6a*p'1
(b)20×8年销售毛利率 LR
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(c)20×8年总资产净利率 A- <.#
(d)20×8年12月31日的流动比率 MVu[gB
(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) h8Dtq5t4
【答案】 Q*TQ*J7".X
(1)应选择营业收入作为计算重要性水平的基础。 [346w
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 A5(kOtgiT
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 {EiG23!qV
销售毛利率=(64000-54000)/64000×100%=15.63% *,Aa9wa{
总资产净利率=30/[(100000+90000)/2]=0.03% >d1aE)?
流动比率=60000/20000=3 gK] T}
(3) >?:i6&4o
a.应建议做如下审计调整分录: /i7>&ND.r
借:应收票据 6 000 000 S1 R #]
贷:短期借款 5 820 000 dUBVp 9PB
财务费用 180 000
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b.应建议做如下审计调整分录: )%-\hl]
借:预计负债 3 000 000 dNS9<8JX
贷:营业外支出 500 000 F~11 _
其他应付款 2 500 000 {d{WMq$