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)。 +P. }<
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: ~9KxvQzt
(Expressed in RMB thousands) ~qxuD_
FINANCLAL STATEMENTS ITEMS L&2 Zn{#`
20×8 (]l}QR%Bxu
20×7 eQvdi|6
P,@ :?6
Sales Htu}M8/4
64000 )m7 Y o
48000 ;5fq[v^P:
<CnTiS#
Cost of sales t$W~X~//
54000 C_JDQByfL
42000 M)1?$'Aq
M>BcYbXf
Net profit Ck
J\v%JAW
30 f\~OG#AaX
-20 xJ(4RaP
;%H/^b.c
.% rB-vO:g
December 31, 20×8 #nS
December 31, 20×7 (f*0Wp;
g^dPA
jPQ
Inventory mSu1/
?PS
16000 *Bgk3(n)
12000 oMj;9,WK'
L,B#%t
Current assets M!
e$h?vB
60000 GukS=rC9
50000 '[nH]
N
g}\Yl.
Total assets !VJ5(b
100000 +%hA6n
90000 ^l(Kj3gM
|rDv!m
Current liabilities _
IqUp Y
20000 i9FHEu_
18000 RI
q9wD}4(
7fg +WZ
Total liabilities lQolE P.pc
30000 7Q(5Nlfcz
25000 ,%FBELqOW
c9
UJ=
&u_s*
During the audit, John has the following findings: vZQ'
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: >
lRa},5(
Dr. Cash in Bank RMB 5820000 Gg3cY{7
Dr. Financial Expenses RMB 180000 6] ~g*]T
Cr. Notes Receivable RMB 6000000 l$_Yl&!q$
(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: k>8,/ AZd
Dr. Non-operating Expenses RMB 3000000 FD&"k=p+X
Cr. Provisions RMB 3000000 $1h , <$5H
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 YRy5.F%?
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: _;Q1PgT
Dr. Provisions RMB 3000000 P1Z+XRWOM
Cr. Cash in Bank RMB 2500000 Q599@5aS
Cr. Non-operating Income RMB 500000 7n1@
m_7O
Required: IfH*saN7
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. @GB~rfB[
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: *[(}rpp M
(a)Inventory Turnover Rate in 20×8; =3Y:DPMB
(b)Gross Profit Ratio in 20×8; ItZqLUJm
(c)After Tax Return on Total Assets in 20×8; and uH}cvshv
(d)Current Ratio as at December 31, 20×8 7>a-`"`O
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. EMDsi2
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 >^8=_i !
以下是未经审计财务报表的部分信息: gsqpQq7
(单位:千元) S9$* w!W
项目 20×8 20×7 ng-g
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营业收入 64 000 48 000 5s >UM@})
营业成本 54 000 42 000 ^b{w\HZ
净利润 30 -20 , 8NY<sFh
P+m{hn~%
20×8年12月31日 20×7年12月31日 MVGznf?
存货 16 000 12 000 Wb_'X |"u
流动资产 60 000 50 000 36<PI'l#~
总资产 100 000 90 000 v>2gx1F"?
流动负债 20 000 18 000 '\$2+*
总负债 30 000 25 000 qjsS2,wM
在审计过程中,约翰发现以下事项: M>pcG.6V
(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: 1CkBfK
借:银行存款5 820 000 *LTFDC
财务费用 180 000 zqaz1rt[
贷:应收票据6 000 000 ?
F@0"qi
(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: W?5u O
借:营业外支出 3 000 000 *Txt`z[|
贷:预计负债 3 000 000 Ut;,Z
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: #PzRhanX
借:预计负债 3 000 000 _] ~ gp.
贷:银行存款 2 500 000 .e
$W(}
营业外收入 500 000 -I$qe Xy
要求: o<*H!oyP\
(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。 VpDNp
(2
(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: =tJ}itcJ'
(a)20×8年存货周转率 -.8 nEO3
(b)20×8年销售毛利率 n5Ad@B g
(c)20×8年总资产净利率 8y-Sd\0g
(d)20×8年12月31日的流动比率 +ht -Bl
(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;7 tuq
【答案】 a&6e~E$K2
(1)应选择营业收入作为计算重要性水平的基础。 pXfg{2
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 .^<4]
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 TG\3T%gH/s
销售毛利率=(64000-54000)/64000×100%=15.63% _;]
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总资产净利率=30/[(100000+90000)/2]=0.03% de?Bn+mvi.
流动比率=60000/20000=3 NuLyu=.?
(3) ]V,wIyC
a.应建议做如下审计调整分录: os<B}D[
借:应收票据 6 000 000 WUQlAsme
贷:短期借款 5 820 000 9sQ4
$
财务费用 180 000 > .L\ >
b.应建议做如下审计调整分录: /bE=]nM
借:预计负债 3 000 000 pDGX$1O"
贷:营业外支出 500 000 GA,6G [E
其他应付款 2 500 000 aKkG[qN