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)。 h3aHCr E
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: s['F?GWg
(Expressed in RMB thousands) IkH]W!_+
FINANCLAL STATEMENTS ITEMS jnt0,y A
20×8 9C[3w[G~C
20×7 bjPI:j*XU
^SxB b,\
Sales v[CX-CBZ
?
64000 ujB:G0'r
48000 Um;ReJ8z
QV+('
Cost of sales HoymGU`w
54000 Nol',^)
42000 FOB9CsMe
1 dz&J\|E#
Net profit C5i]n? )S
30 "vH@b_>9|
-20 +
}(
INW8Q`[F
/+2^xEIjE
December 31, 20×8 J[L$8y:
December 31, 20×7 ^o !K0t*
8l>/ZZ.NXi
Inventory )Be}Ev#)Zx
16000 nE]R0|4h
12000 gTW(2?xYf
ZNFn^iuQ
Current assets .zlUN0oe
60000 $]\N/}1v
50000 %whPTc0P
9g"a`a?c
Total assets Gi]Pwo${
100000 9g J`H'
90000 `zC_?+
|g> K$m^
Current liabilities
(8@._
20000 r&0v,WSp&S
18000 M^mS#<
!y
3?Bq((
Total liabilities
NJs )2
30000 ~?E x?!\9R
25000 qQ/j+
*M/3 1qI
L2P~moVIi
During the audit, John has the following findings: h:"<x$F
(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: s=~r. x
Dr. Cash in Bank RMB 5820000 cc.zC3Hs3
Dr. Financial Expenses RMB 180000 N#C,_ k
Cr. Notes Receivable RMB 6000000 ?5'UrqYSW
(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: u` `FD
Dr. Non-operating Expenses RMB 3000000 B2
Tp;
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Cr. Provisions RMB 3000000 n:`> QY
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 \W(C=e
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: G~8C7$0z
Dr. Provisions RMB 3000000 }c|Xr^
Cr. Cash in Bank RMB 2500000 0>Z/3i&?<
Cr. Non-operating Income RMB 500000 D"bLJj/!
Required: wR@fB
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. \2:
JX?Jw!
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: f`RcfYt
(a)Inventory Turnover Rate in 20×8; 0kQAT#
(b)Gross Profit Ratio in 20×8; JDD(e_dw
(c)After Tax Return on Total Assets in 20×8; and 5=.,a5
(d)Current Ratio as at December 31, 20×8 NL0X =i
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. FX+Ra@I!
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 87>\wUJ
以下是未经审计财务报表的部分信息: jToA"udW/
(单位:千元) bxc#bl3
项目 20×8 20×7 7zgU>$i
营业收入 64 000 48 000 .?[2,4F;
营业成本 54 000 42 000 v\c.xtjI5x
净利润 30 -20 Q^DKKp
IpB0~`7YI
20×8年12月31日 20×7年12月31日 F4e<=R
存货 16 000 12 000 U:#9!J?41
流动资产 60 000 50 000
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总资产 100 000 90 000 ;5q=/
流动负债 20 000 18 000 Pp@ P]
总负债 30 000 25 000 ;I:jd")
在审计过程中,约翰发现以下事项: |
B;:Ald
(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: jQj`GnN|
借:银行存款5 820 000 F[l{pc "C
财务费用 180 000 km}%7|R?
贷:应收票据6 000 000 Hp8)-eT
(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: BQ)z
m
借:营业外支出 3 000 000 <lB^>Hfu
贷:预计负债 3 000 000 n>+M4Zb
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: JyjS#BWi
借:预计负债 3 000 000 c9= ;:E
贷:银行存款 2 500 000 +'
N?
`l6<
营业外收入 500 000 ^ bexXYh
要求: B7fURL
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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。 mG1=8{o^
(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: ](aXZ<,
(a)20×8年存货周转率 Ih{(d O;
(b)20×8年销售毛利率 egYJ.ZzF0
(c)20×8年总资产净利率 C^2Tql
(d)20×8年12月31日的流动比率 ,~hvFTJI
(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) tOn/r@Fd^E
【答案】 *FQrmdwb]L
(1)应选择营业收入作为计算重要性水平的基础。 * A@~!@XE4
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ';^VdR]fk
W+cmn )8
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Elom_
销售毛利率=(64000-54000)/64000×100%=15.63% {<v?Z_!68
总资产净利率=30/[(100000+90000)/2]=0.03% "S,,Bj L
流动比率=60000/20000=3 gH,^XZe
(3) %{Kp#R5E
a.应建议做如下审计调整分录: ,?3r-bM
借:应收票据 6 000 000 P bj &l0C
贷:短期借款 5 820 000 ?R(fxx
财务费用 180 000 kOfbO'O9
b.应建议做如下审计调整分录: ~dkS-6q~Q
借:预计负债 3 000 000 T[`o$j6
贷:营业外支出 500 000 ~5N0=)
其他应付款 2 500 000 ||;V5iR: