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)。 ;QBS0x
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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: VhO%4[Jl
(Expressed in RMB thousands) sSW'SE?,<
FINANCLAL STATEMENTS ITEMS yqx5_}
20×8 +x2JC' -H
20×7 m{Q
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4'O,x
C
Sales bIU.C|h@
64000 m
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48000 /7
UvV60
ME)Tx3d
Cost of sales 1wR[nBg*|
54000 !l%:
42000 { M**a
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R
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Net profit d/; tq
30 uVEJV |^/
-20 `dvg5qQ
*{ rorir
;u<Ah?w=Z
December 31, 20×8 ^QS`H@+Z
December 31, 20×7 q94;x|63
w/6X
9d
Inventory hE&6;3">
16000 1iF=~@Nz_
12000 tj13!Cc}e`
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Current assets ^ptybVo
60000 ~Gfytn9x.;
50000 1B;2 ~2X
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Total assets ]rv\sD`[
100000 e0`z~z]6&
90000 pAy4%|(
gC1LQ!:;Oi
Current liabilities "9caoPI0~
20000 7P<VtS
18000 `DYhGk
b G:\*1T
Total liabilities ;E.]:Ia~
30000 wMVUTm
25000 zH]oAu=H
KfiSQ!{
&>\;4E.O5
During the audit, John has the following findings: pCE
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(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: -.h)CM@L
Dr. Cash in Bank RMB 5820000 +?*;#=q
Dr. Financial Expenses RMB 180000 kSz+UMC-7:
Cr. Notes Receivable RMB 6000000 Hhknjx
(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: 1$0Kvvg[
Dr. Non-operating Expenses RMB 3000000 c e;7
Cr. Provisions RMB 3000000 DkWp
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Gn2{C%
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: @;4;72@O
Dr. Provisions RMB 3000000 I-R7+o
Cr. Cash in Bank RMB 2500000 ;^ME
Cr. Non-operating Income RMB 500000 Vgj#-7bdyi
Required: j.&dHtp
(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. bWo
(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: H^-Y]{7
(a)Inventory Turnover Rate in 20×8; Eg)24C R 4
(b)Gross Profit Ratio in 20×8; $'V^_|EL7
(c)After Tax Return on Total Assets in 20×8; and YZf{."Opj[
(d)Current Ratio as at December 31, 20×8 E+ /Nicn=
(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. )gd
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【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。 hju^x8
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以下是未经审计财务报表的部分信息: )V1xL_hx/
(单位:千元) )k(
K/m
项目 20×8 20×7 rCw4a?YS
营业收入 64 000 48 000 C!+D]7\j
营业成本 54 000 42 000 %E_Y4Oe1
净利润 30 -20 UVw^t+n
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20×8年12月31日 20×7年12月31日 ,?8a3%
存货 16 000 12 000 _mqU:?Q5
流动资产 60 000 50 000 bYP8
总资产 100 000 90 000 Jt[ug26
流动负债 20 000 18 000 Ge2Klyi
总负债 30 000 25 000 5sJ>+Rg
在审计过程中,约翰发现以下事项: d_`MS@2
(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: cNd&C'/N
借:银行存款5 820 000 M`&t=0D
财务费用 180 000 4FaO+Eo,8
贷:应收票据6 000 000 b\"F6TF:
(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: |qX?F`
借:营业外支出 3 000 000 |XB<vj07G
贷:预计负债 3 000 000 6(QfD](2}
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: %r[`HF>
借:预计负债 3 000 000 g4^-B
贷:银行存款 2 500 000 V48_aL
营业外收入 500 000 Dl/ C?Fll
要求: 0cmd +`
(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。 %NkiY iA
(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: )xcjQkb
(a)20×8年存货周转率 .eN"s'
(b)20×8年销售毛利率 Ic&~iqQ
(c)20×8年总资产净利率 I7U/={[J
(d)20×8年12月31日的流动比率 nFlN
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(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) _#K|g#p5
【答案】
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(1)应选择营业收入作为计算重要性水平的基础。 (1CP]5W
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 bD,21,*z
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 zLl-{Kk
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% U
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流动比率=60000/20000=3 j&
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(3) ~3s?.[}d
a.应建议做如下审计调整分录: G
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借:应收票据 6 000 000 Vs"b
贷:短期借款 5 820 000 HB )+.e
财务费用 180 000 {gzQ/|}#z-
b.应建议做如下审计调整分录: Uc!k)o#=
借:预计负债 3 000 000 7FH-l(W
贷:营业外支出 500 000 ]2-Qj)mZ]
其他应付款 2 500 000 bVcJ/+Yx|