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)。 JT+c7W7
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: ww2mL
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(Expressed in RMB thousands) pMfb(D"
FINANCLAL STATEMENTS ITEMS \xYVnjG,
20×8 pH'_k k
20×7 4XkI? l
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Sales sd%j&Su#4
64000 sJ6.3=
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48000 QiK>]xJ'
yw1&I^7
Cost of sales 8Qv s\TY
54000 %>+uEjbT
42000
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YT(N][V
Net profit #asg5 }
30 =?5)M_6)
-20 O8]e(i
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6tKrR{3#A
December 31, 20×8 7;jD>wp9D
December 31, 20×7 -WC0W
K[[~G1Z
Inventory zxR]+9Zh
16000 |UTajEL
12000 7l *
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Current assets KC;cu%H
60000 oE 'P
50000 { 'b;lA]0
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Total assets \VpEUU6^U
100000 nCQtn%j't
90000 C4+DZ<pE
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Current liabilities
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20000 M(X
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18000 ] Q5:JV
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Total liabilities ~I||"$R
30000 ;Y7'U rn
25000 '=dQ$fs
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.a4,Lr#q.
During the audit, John has the following findings: hRf
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(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: wJC[[_"3 I
Dr. Cash in Bank RMB 5820000 J!:BCjRdw
Dr. Financial Expenses RMB 180000 }3
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Cr. Notes Receivable RMB 6000000 M7=,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: JduO^Fit
Dr. Non-operating Expenses RMB 3000000 =B}IsBn'J
Cr. Provisions RMB 3000000 VYG@_fd!x
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 )re<NE&M
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: [)"\Aq
Dr. Provisions RMB 3000000 g,,wG k
Cr. Cash in Bank RMB 2500000 jQ{ @ol}n
Cr. Non-operating Income RMB 500000 o/Ismg-p
Required: ZJDV'mC}
(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. [F6)Z[uG
(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: A8-[EBkK
(a)Inventory Turnover Rate in 20×8; Wga2).j6
(b)Gross Profit Ratio in 20×8; Oiib2Ov
(c)After Tax Return on Total Assets in 20×8; and
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(d)Current Ratio as at December 31, 20×8 lHM+<Z
(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. 78l);/E{v
【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。 r#zcl)rbU
以下是未经审计财务报表的部分信息: sxT&T=7
(单位:千元) 1jKpLTSs
项目 20×8 20×7 x?S86,RW
营业收入 64 000 48 000 4R'CLN
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营业成本 54 000 42 000 6 byeO&d
净利润 30 -20 5zK,(cF0-
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20×8年12月31日 20×7年12月31日 UFj H8jSBx
存货 16 000 12 000 Y(UK:LZ'
流动资产 60 000 50 000 JwI99I'
总资产 100 000 90 000 |dR}S!fmG
流动负债 20 000 18 000 $gr>Y2i
总负债 30 000 25 000 aM~IRLmK
在审计过程中,约翰发现以下事项: CnZ!b_J
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ,5W7a
借:银行存款5 820 000 }ny7LQ
财务费用 180 000 kL DpZ{
贷:应收票据6 000 000 Y_CYx
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: L\#YFf
借:营业外支出 3 000 000 5aaM;45C
贷:预计负债 3 000 000 lC($@sC %
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: n.g-%4\q
借:预计负债 3 000 000 6Z|h>H5a
贷:银行存款 2 500 000 0OO[@Ht
营业外收入 500 000 8i',~[
要求: fXMY.X>f
(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。 ,:mL\ZED
(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: )K[\j?
(a)20×8年存货周转率 ~dS15E4-Pp
(b)20×8年销售毛利率 NgTB4I8P
(c)20×8年总资产净利率
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(d)20×8年12月31日的流动比率 xt}.0dC!/%
(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) T\9[PX<
【答案】 kWW2N0~$
(1)应选择营业收入作为计算重要性水平的基础。 `df!-\#
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 FO*Gc
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 7"!`<5o^
销售毛利率=(64000-54000)/64000×100%=15.63% z)M#9oAM
总资产净利率=30/[(100000+90000)/2]=0.03% 9)wYSz'
流动比率=60000/20000=3 ?z>J7 }w*=
(3) o8X_uKEI
a.应建议做如下审计调整分录: '>
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借:应收票据 6 000 000 >B6*`3v
贷:短期借款 5 820 000 j!agD_J
财务费用 180 000 6 J>A U
b.应建议做如下审计调整分录: Z[Tou
借:预计负债 3 000 000 0B(s+#s
贷:营业外支出 500 000 - VJx)g
其他应付款 2 500 000 u)<]Pb})r