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)。 zQoJ8i>
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: F%$lcQ04%
(Expressed in RMB thousands) <`Qbb=*
FINANCLAL STATEMENTS ITEMS *1h@Jb34
20×8 Kl]l[!c7$
20×7 I].ddR%
s){R/2O3F
Sales \jr-^n]
64000 F]cc?r312
48000 [nLd> 2P
!eP0b~$/^J
Cost of sales +de5y]1H,|
54000 \`W8#fob
42000 /4$ c-k
Awe'MG p%
Net profit zC`ediyu
30 c=<^pCa9t1
-20 h<i.Z7F;tj
0%qM`KZC
e}i
vvs2
December 31, 20×8 4%7Oaf>9
December 31, 20×7 ;ZTh(_7
~*L@|?
Inventory cd] X5)$h
16000 n<Ki.;-ZE
12000 Si68_]:^
L#fS P
Current assets P_(<?0
l
60000 kfq<M7y
50000 E//*bmww
!L)yI#i4C
Total assets 9#a/at]
100000 mxICQ>s
b
90000 FYH^axpp
Kir|in)r0
Current liabilities +f,I$&d.V
20000 !X 0 (4^
18000 &Qt1~#1
t![972.&
Total liabilities n +dRAIqB
30000 *}Rd%'
25000 )6
K)UA
#-/_J?
ZW
x4/G
During the audit, John has the following findings: D!D}mPi[
(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: c[EG
cY={
Dr. Cash in Bank RMB 5820000 0$|wj^?U
Dr. Financial Expenses RMB 180000 *-gmWATC6
Cr. Notes Receivable RMB 6000000 i|fkwV,5
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: 10*^
Dr. Non-operating Expenses RMB 3000000 _#w5hXcu
Cr. Provisions RMB 3000000 P7!gUxcv9Y
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000
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to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: Z$S0X$q}
Dr. Provisions RMB 3000000 ihIRB9
Cr. Cash in Bank RMB 2500000 t}gK)"g
Cr. Non-operating Income RMB 500000 s"l ^v5
Required: 3Z74&a$
(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. kv`5"pa7M
(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: vr$z6m ^
(a)Inventory Turnover Rate in 20×8; CN7q
qd
(b)Gross Profit Ratio in 20×8; to)Pl}9QkK
(c)After Tax Return on Total Assets in 20×8; and %Gm4,+8P3o
(d)Current Ratio as at December 31, 20×8 "~T06
!F45
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. C12y_E8Un
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 _? u} Jy_
以下是未经审计财务报表的部分信息: v [>8<z8
(单位:千元) I2C1
mV
项目 20×8 20×7 )`zfDio-1V
营业收入 64 000 48 000 D$SO 6X~
营业成本 54 000 42 000 #}xPOz7:
净利润 30 -20 I#|ib
E9j(%kQ2
20×8年12月31日 20×7年12月31日 cQh=Mri]
存货 16 000 12 000 T7Yg^ -"
流动资产 60 000 50 000 ;MjOs&1f0K
总资产 100 000 90 000 &XSe&1
流动负债 20 000 18 000 bM
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总负债 30 000 25 000 IF3 V5Q
在审计过程中,约翰发现以下事项: kYkck]|
(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:
#K/#-S
借:银行存款5 820 000 IFWP&20
财务费用 180 000 'deqF|Iox
贷:应收票据6 000 000 6
i]B8Ziq{
(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: =Lr#
*ep[
借:营业外支出 3 000 000 }fz;La:b
贷:预计负债 3 000 000 kZS&q/6A*
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: \K(#
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借:预计负债 3 000 000 a4N8zDS
贷:银行存款 2 500 000 FBrJVaF
营业外收入 500 000 ^Xslj
要求: 9|//_4]
(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。 D]d2opBLj
(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: sg,9{R ^
(a)20×8年存货周转率 U
KdCG.E9^
(b)20×8年销售毛利率 BU;E6s>P
(c)20×8年总资产净利率 <(caY37o6)
(d)20×8年12月31日的流动比率 If(IG]>`D
(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) |HK/*B
【答案】 Ib$?[
(1)应选择营业收入作为计算重要性水平的基础。 U+g<lgH1J
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 BmFs6{>~c
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 {NV=k%MTmi
销售毛利率=(64000-54000)/64000×100%=15.63% PWs=0.Wj
总资产净利率=30/[(100000+90000)/2]=0.03% 0G/_"}@
流动比率=60000/20000=3 S31+ j:"
(3) WhR'MkfL
a.应建议做如下审计调整分录: 44cy_
借:应收票据 6 000 000 %R1$M318
贷:短期借款 5 820 000 O.+X,CQG*
财务费用 180 000 <4P"1#nHQ+
b.应建议做如下审计调整分录: ;923^*\:F{
借:预计负债 3 000 000 k%lz%r
贷:营业外支出 500 000 {siIRl2&
其他应付款 2 500 000 MM4Eq>F/