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)。 xOM_R2Md
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: 'Q`C[*c
(Expressed in RMB thousands) lEa W7
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FINANCLAL STATEMENTS ITEMS H PTHF
20×8 uWrFunh%
20×7 TMY{OI8 a
Z~RdFC
Sales D1!
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64000 .~22^k
48000 '
^B3pR:
k -]xSKG
Cost of sales 9,K
VBO
54000 *JS"(. '(
42000 X{'wWWZC
)(.%QSA\C
Net profit ?N2X)Y@yi
30 neIy~H_#!
-20 xcnt?%%M
xBt<Yt"
776 nWw)
December 31, 20×8 tgfM:kzw
December 31, 20×7 @92gb$xT
1>yha
j(K
Inventory #Wq#beBb
16000 Hz5;Ruw'
12000 gb9[Meg'
h^v9|~ZJ'7
Current assets tPzM7
n|
60000 T7ki/hjRb
50000 ^^'[%ok
9kUV1?
Total assets Z3Gm
100000 ;h~?ko
90000 ha5
bD%
1=ip,D
Current liabilities `TAcZl=8
20000 ^xmZ|f-
18000 EuLXtq
G+fd.~aGE
Total liabilities y
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30000 E2-ojL[6
25000
srvYAAE
u8xk]:%
4 ;^g MI9
During the audit, John has the following findings: 98jD"*W5
(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: GPMrs)J*!
Dr. Cash in Bank RMB 5820000 17|@f
Dr. Financial Expenses RMB 180000 Mo~ki"9.
Cr. Notes Receivable RMB 6000000 ~DK F%}E
(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: [Yn;
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Dr. Non-operating Expenses RMB 3000000 H
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Cr. Provisions RMB 3000000 _qEWu Do
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 hzW{_Q.|?
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: 9armirfV'P
Dr. Provisions RMB 3000000 2(hvv-
Cr. Cash in Bank RMB 2500000 HKM~BL
"X
Cr. Non-operating Income RMB 500000 Jm%mm SYK
Required: m\/>C|f\
(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. P_v0))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: <( cM*kV
(a)Inventory Turnover Rate in 20×8; @pTD{OW?
(b)Gross Profit Ratio in 20×8; R&]c"cO L8
(c)After Tax Return on Total Assets in 20×8; and 'n>EEQyp'
(d)Current Ratio as at December 31, 20×8 ;gdi=>S_
(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. (21']x
【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。 vuAQm}A4'g
以下是未经审计财务报表的部分信息: "^Y6ctw
(单位:千元)
G OH
项目 20×8 20×7 56"#Syj
营业收入 64 000 48 000 ~:2&/MOP?
营业成本 54 000 42 000 `8mD7xsg$
净利润 30 -20 7 kEx48
oo;;y,`8py
20×8年12月31日 20×7年12月31日 Gg'<Q.
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存货 16 000 12 000 0S%tsXt+
流动资产 60 000 50 000 mu 2
A% "7
总资产 100 000 90 000 j!6elzg
流动负债 20 000 18 000 Fecx';_1`
总负债 30 000 25 000 Cc@=?
在审计过程中,约翰发现以下事项: #4Dn@Gqh.Y
(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: @gH(/
pFX
借:银行存款5 820 000 ]z+*?cc
财务费用 180 000 _{[k[]
贷:应收票据6 000 000 jB5>y&+
(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: aytq4Ts
借:营业外支出 3 000 000 UY1JB^J$
贷:预计负债 3 000 000 Y;'VosTD
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: &G0l&8pa
借:预计负债 3 000 000 tZdwy> ;
贷:银行存款 2 500 000 m(8
jSGV
营业外收入 500 000 8f /T!5
要求: dCa}ITg
(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。 S`ax*`
(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: |\i:LG1
(a)20×8年存货周转率 x:!C(Ep)
(b)20×8年销售毛利率 x{=[w`
(c)20×8年总资产净利率 \Oi5=,
(d)20×8年12月31日的流动比率 IXbdS9,>F
(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) LvSP #$f
【答案】 UOn! Y@
(1)应选择营业收入作为计算重要性水平的基础。 P%.`c?olbs
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 <QYCo1_
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 6 {b%Jfo
销售毛利率=(64000-54000)/64000×100%=15.63% 73&]En
总资产净利率=30/[(100000+90000)/2]=0.03% MV
Hz$hyB
流动比率=60000/20000=3 04I6-}6
(3) _#/!s]$d#
a.应建议做如下审计调整分录: B
rez&3[
借:应收票据 6 000 000 ${jA+L<J
贷:短期借款 5 820 000 >P<k[vF
财务费用 180 000 Rel(bA-[N
b.应建议做如下审计调整分录: se<i5JsSV
借:预计负债 3 000 000
Hv[d<ylO
贷:营业外支出 500 000 DBu)xr}7A
其他应付款 2 500 000 GVjv**U