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)。 (J&Xo.<Z-
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: <o+
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(Expressed in RMB thousands) 4C%>/*%8>
FINANCLAL STATEMENTS ITEMS a*j <TR
20×8 %g&,]=W\N
20×7 Ye2];(M
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Sales 0 '7s
64000 _}@n_E
48000 CLEG'bZa,
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Cost of sales Iv72;ZCh?6
54000 0:'jU
42000 *\KMkx
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Net profit 1fW4=pF-K
30 Qz+d[%Q}x
-20 _c8.muQ<
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December 31, 20×8 I~LQ1_
December 31, 20×7 u)`|q_y+8
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Inventory _qt;{,t
16000 =9 M|o0aY
12000 IS2Ij
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Current assets sNfb %r
60000 P}9Y8$Y>U
50000 d Zz^9:C+
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Total assets 8[1DO1*P
100000 3Ge <G
90000 >|/? Up
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Current liabilities x;FO|fH
20000 5u)^FIBj
18000 ~5 pC$SC6>
I^O:5x>[l
Total liabilities $^=jPk]+
30000 "gN* J)!x
25000 o\ow{gh9
B:- KZuO
KPjqw{gR_R
During the audit, John has the following findings: P}
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(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: [wio/wc
Dr. Cash in Bank RMB 5820000 >\7RIy3
Dr. Financial Expenses RMB 180000 m0A@jWgd
Cr. Notes Receivable RMB 6000000 9hR:y.
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: J4Z<Yt/
Dr. Non-operating Expenses RMB 3000000 ?Y0$X>nm
Cr. Provisions RMB 3000000 |t 65#1
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 I"cQ5gF?A
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: h w ;d m
Dr. Provisions RMB 3000000 $qlqWy-s
Cr. Cash in Bank RMB 2500000 {`K]sa7`
Cr. Non-operating Income RMB 500000 I6hhU;)C
Required: 9(^X2L&Z
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. 0J:U\
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(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: D;^ZWz0
(a)Inventory Turnover Rate in 20×8; 4-M6C 5#.
(b)Gross Profit Ratio in 20×8; RM^?&PM85
(c)After Tax Return on Total Assets in 20×8; and /
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(d)Current Ratio as at December 31, 20×8 GrLM${G
(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. p21=$?k!;
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 v[,v{5b
以下是未经审计财务报表的部分信息: ZaRr2Z:!
(单位:千元) >|_gT%]5
项目 20×8 20×7 Xw*%3'
营业收入 64 000 48 000 t)oES>W1
营业成本 54 000 42 000 `FYtiv?G
净利润 30 -20 yo?g"vbE
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20×8年12月31日 20×7年12月31日 \}u7T[R=`
存货 16 000 12 000 MOp=9d+N~
流动资产 60 000 50 000 KtfkE\KP
总资产 100 000 90 000 Nn,vdu{^2
流动负债 20 000 18 000 hHfe6P
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总负债 30 000 25 000 Pa+AF
在审计过程中,约翰发现以下事项: lrmt)BLoh
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: [al(>Wr9
借:银行存款5 820 000 SrQ4y`?
财务费用 180 000 >uyeI&z
贷:应收票据6 000 000 c<+g|@A#
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: ui.QYAYaV
借:营业外支出 3 000 000 Lt;.Nw
贷:预计负债 3 000 000 ~51kiQW
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: |~/3u/
借:预计负债 3 000 000 =0PNHO\gl
贷:银行存款 2 500 000 Lem\UD$D`
营业外收入 500 000 {hs2?#p
要求: %)<oX9E
(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。 >tmnj/=&
(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: )I Y 5Y
(a)20×8年存货周转率 8"?Vcw&
(b)20×8年销售毛利率 qXP1Q3
(c)20×8年总资产净利率 7zJrT5
(d)20×8年12月31日的流动比率 x%IXwP0
(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) r21?c|IP
【答案】 45r]wT(C
(1)应选择营业收入作为计算重要性水平的基础。 %S
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 8`AcS|k
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 nxn[ ~~
销售毛利率=(64000-54000)/64000×100%=15.63% vk4C_8m
总资产净利率=30/[(100000+90000)/2]=0.03% 1BMV=_
流动比率=60000/20000=3 3xmiX{1e
(3) H7z>S G0
a.应建议做如下审计调整分录: YZ"+c&V"
借:应收票据 6 000 000 R
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贷:短期借款 5 820 000 r/N[7*i
财务费用 180 000 c]s(u+i
b.应建议做如下审计调整分录: z`86-Ov
借:预计负债 3 000 000 lQp89*b?=U
贷:营业外支出 500 000 0%h[0jGj
其他应付款 2 500 000 =1
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