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)。 E"#<I*b
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: +O j28vR
(Expressed in RMB thousands) k,X)PQc
FINANCLAL STATEMENTS ITEMS PgB=<#9
20×8 I4m)5G?O2
20×7 s<E_74q1
)09_CC!a
Sales s_zZ@azJ
64000 .NCQiQ
48000 36J)O-Ti
%- %/3
Cost of sales Kl(}s{YFn.
54000 Z6K9E=%)c
42000 ;NRm ,
{4}Sl^kn*
Net profit RZOk.~[v
30 QdO$,i'
-20 .a;-7|x
zFP}=K:o)
Qyt6+xL
December 31, 20×8 fN0D\Mu!)b
December 31, 20×7 U!3nn#!yE
FE M_7M
Inventory 8 Sl[&
16000 aFIet55o
12000 lCd^|E
_[0Ugfz(
Current assets .IF dJ
60000 lba*&j]w=
50000 CtjjN=5
9
MAJvjgd..
Total assets vk{4:^6.TV
100000 qaw5<
90000 #n2GW^x
LwY_6[Ef
Current liabilities [C771~BL>
20000 y,Dfqt
18000 [USXNe/
cTRCQ+W6:
Total liabilities H#w?$?nIWu
30000 8Yb/
c*
25000 f} Uw%S=w,
cv#H
%*eZoLDg]
During the audit, John has the following findings: 27u$VHwb
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: _QXo4z!a8
Dr. Cash in Bank RMB 5820000 <408lm
Dr. Financial Expenses RMB 180000 yv$MQ~]
Cr. Notes Receivable RMB 6000000 1/HPcCsHb
(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: >x!N[N
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Dr. Non-operating Expenses RMB 3000000 8 ehC^Cg
Cr. Provisions RMB 3000000 2GZUMXK
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 >V;<K?5B`W
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: ;`F0
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Dr. Provisions RMB 3000000 Z>CFH9
Cr. Cash in Bank RMB 2500000 I,
Cr. Non-operating Income RMB 500000 ^QYI`u` 4
Required: ?#FAa,
(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. K
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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: ef!I |.FW
(a)Inventory Turnover Rate in 20×8; |d{(&s
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(b)Gross Profit Ratio in 20×8; ghms-.:b8
(c)After Tax Return on Total Assets in 20×8; and 1$Eiv8xd
(d)Current Ratio as at December 31, 20×8 ]^ RgzK
(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. v'_tna6`O
【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。 f kP
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以下是未经审计财务报表的部分信息: y{v*iH<
(单位:千元) -09<; U
项目 20×8 20×7 78 UT]<Q;K
营业收入 64 000 48 000 &TK% igL
营业成本 54 000 42 000 %>JqwMK
净利润 30 -20 "QiUuD=
yM\1n
20×8年12月31日 20×7年12月31日 (8H^{2K~
存货 16 000 12 000 Y61E|:fV!
流动资产 60 000 50 000 uQ8]j .0
总资产 100 000 90 000 rNgE/=X
流动负债 20 000 18 000 %mI`mpf
总负债 30 000 25 000 d]@9kG
在审计过程中,约翰发现以下事项: +A:}5{
(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: i uN8gHx
借:银行存款5 820 000 wHIS}OONz
财务费用 180 000 B<0lif|
贷:应收票据6 000 000 Jwa2Y0
(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: >6rPDzW`Dx
借:营业外支出 3 000 000 =x[`W9.D
贷:预计负债 3 000 000 7L]fCw
p[
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: cu SXv)
借:预计负债 3 000 000 ,l@hhaLm?
贷:银行存款 2 500 000 WcqYpPv
营业外收入 500 000 =Wl
CE_
要求: 9I
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(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。 A Ys<IMQ
(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: $(_i>&d<
(a)20×8年存货周转率 DrB=
(b)20×8年销售毛利率 5gEUE {S
(c)20×8年总资产净利率 OSq"q-Q
(d)20×8年12月31日的流动比率 ^KlMBKWyB
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) szKs9er&
【答案】 yWX:`*GV
(1)应选择营业收入作为计算重要性水平的基础。 g4-HUc zk
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 1;
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nQ/El&{
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 T=>&`aZH
销售毛利率=(64000-54000)/64000×100%=15.63% 3S <5s}
总资产净利率=30/[(100000+90000)/2]=0.03% Ag?@fuk$J
流动比率=60000/20000=3 f+F /`P%
(3) mNuv>GAb
a.应建议做如下审计调整分录: Ct.Q)p-wn
借:应收票据 6 000 000 SM@1<OCc
贷:短期借款 5 820 000 ob0clJX
财务费用 180 000 <0lfkeD
b.应建议做如下审计调整分录: GMiWS:`;v`
借:预计负债 3 000 000 *SC~_
贷:营业外支出 500 000 &&t4G }*
其他应付款 2 500 000 0iHK1Pt}