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#mpj~{-
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: IyGW>g6_.
(Expressed in RMB thousands) MnD^jcx
FINANCLAL STATEMENTS ITEMS ;v>+D
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20×8 t{Gc,S!]5
20×7 3"iJ/Hc}9
d/xGo[?$
Sales QF9$SCmv
64000 +{"w5o<CO
48000 8WMGuv
'' Pfs<!
Cost of sales V?o%0V
54000 ed4`n!3
42000 JD{AwE@Ro
/7p1y v
Net profit oq9gG)F
30 qJT|om
LY
-20 =z
+iI;
L s(l
)>8 k8E
December 31, 20×8 RS
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December 31, 20×7 n%={!WD
@[w.!GW%
Inventory Cw
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g
16000 oAxCI/
12000 5r(Y,m"?
299uZz}Y
Current assets lehuJgz'OO
60000 T
s
1
50000 jK-usn
UWg+7RL
Total assets _
cD-E.E%
100000 ()%;s2>F
90000 !:9s>0';N
0%>_fMa A
Current liabilities |n+
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20000 F@
Cxjz
18000 SbN.z
MFO1v%m
Total liabilities :dj=kuUTbu
30000 &xMQ
25000 7F
1nBd
`*HM5 1U
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During the audit, John has the following findings: eCXw8
(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: (G`O
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Dr. Cash in Bank RMB 5820000 Kzf^ras4u
Dr. Financial Expenses RMB 180000
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Cr. Notes Receivable RMB 6000000 tboc7Hor4
(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: bd@1j`i
Dr. Non-operating Expenses RMB 3000000 vN3uLz'<
Cr. Provisions RMB 3000000 #JW~ &;
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 7
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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: +a!uS0fIJi
Dr. Provisions RMB 3000000 BewJ!,A!
Cr. Cash in Bank RMB 2500000 cy!;;bB
Cr. Non-operating Income RMB 500000 6T ,'Oz
Required: &&
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(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. >*S ;z+!&
(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: u<K{=94!e
(a)Inventory Turnover Rate in 20×8; T~b6Zu6
(b)Gross Profit Ratio in 20×8; 1h#UM6
(c)After Tax Return on Total Assets in 20×8; and sRDxa5<MD
(d)Current Ratio as at December 31, 20×8 e.?;mD
(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. M"|({+9eG
【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。 L#9g ~>~
以下是未经审计财务报表的部分信息: A,#a?O6m
(单位:千元) ^A' Bghy
项目 20×8 20×7 m. "T3K
营业收入 64 000 48 000 RLr^6+v)U
营业成本 54 000 42 000 _&|<(m&."
净利润 30 -20 P*.0kR1n
I2
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20×8年12月31日 20×7年12月31日 U.p"JSH
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存货 16 000 12 000 fs6% M]u
流动资产 60 000 50 000 -VO* P
总资产 100 000 90 000 dId&tTMmC
流动负债 20 000 18 000 ]gG&X3jaKq
总负债 30 000 25 000
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在审计过程中,约翰发现以下事项: W@FRKDixG
(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: Ki(
借:银行存款5 820 000 wTkcR^
财务费用 180 000 zaMKwv}BR
贷:应收票据6 000 000 Yi+$g
(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 X4GY
借:营业外支出 3 000 000 A~%h*nZc%I
贷:预计负债 3 000 000 FCA
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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: 35PIfqm
借:预计负债 3 000 000 Zia<$kAO
贷:银行存款 2 500 000 kH }HFl
营业外收入 500 000 \:|"qk
要求: ]B>g~t5J
(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。 wwVg'V;
(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: n>a
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(a)20×8年存货周转率 i*2l4
(b)20×8年销售毛利率 $KMxq=
(c)20×8年总资产净利率 VSW"/{Lp
(d)20×8年12月31日的流动比率 Ze- MB0w
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) aYd`E4S+
【答案】 a<d$P*I(cH
(1)应选择营业收入作为计算重要性水平的基础。 qF57T>v|
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 atmTI`i
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 4VrL@c
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销售毛利率=(64000-54000)/64000×100%=15.63% j#[%-nOT
总资产净利率=30/[(100000+90000)/2]=0.03% D;QV`Z%I
流动比率=60000/20000=3 _ !H8j/b
(3) SJXP}JB_
a.应建议做如下审计调整分录: F vae lB
借:应收票据 6 000 000 fZF.eRP'
贷:短期借款 5 820 000 AAPfU_:
^
财务费用 180 000 mj_V6`m4
b.应建议做如下审计调整分录: U9]&~jR
借:预计负债 3 000 000 z)0%gd|
贷:营业外支出 500 000 'ghwc:Og|%
其他应付款 2 500 000 L qdz
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