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)。 y5|`B(
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: 5<,}^4wWZ
(Expressed in RMB thousands) .OXvv _?<
FINANCLAL STATEMENTS ITEMS C1)TEkc"C
20×8 cX
E42MM
20×7 ,F6i5128{
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Sales LPO3B W
64000 G/N'8Q)
48000 Co[ rhs
B=u@u([.
Cost of sales >[O
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54000 BT`
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42000 0K@s_
C=n#
;IXDZ#;
Net profit $@}6P,mg
30 F2!_Z=
-20 3xp%o5K
D!TS/J1S;u
M=`F $
December 31, 20×8 L*D-RYW
December 31, 20×7 FTtYzKX(bv
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Inventory 0rsdDME[
16000 qZ6P(5X
12000 eaYQyMv@
E`u=$~K
Current assets x AkM_<
60000
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50000 Y>R|Uf.o z
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Total assets
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100000 8e[kE>tS._
90000 \&Mipf7a
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Current liabilities Beiz*2-}a
20000 mI@E>VCV[
18000 kbM 4v G
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Total liabilities bF|j%If%
30000 "
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25000 4F??9o8 }
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l`[*b_
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During the audit, John has the following findings: Hh$x8ADf
(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: ]lXTIej`dy
Dr. Cash in Bank RMB 5820000 CJ
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Dr. Financial Expenses RMB 180000 {y`afuiB
Cr. Notes Receivable RMB 6000000 6AUXYbK,
(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: CL
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Dr. Non-operating Expenses RMB 3000000 h<$V ry}
Cr. Provisions RMB 3000000 #J\
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 O)Nj'Hcu
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: Tm.(gK
Dr. Provisions RMB 3000000 w`CGDF\Oo
Cr. Cash in Bank RMB 2500000 }ytc oIuLf
Cr. Non-operating Income RMB 500000 )DI/y1
Required: ])7t!<
(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. 5A>W;Q\
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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: :@`Ll;G
(a)Inventory Turnover Rate in 20×8; dSS_^E[{
(b)Gross Profit Ratio in 20×8; &b i Bm
(c)After Tax Return on Total Assets in 20×8; and _$9<N5F.,o
(d)Current Ratio as at December 31, 20×8 Q*^zphT
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. n-#?6`>a
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 oi::/W|A+
以下是未经审计财务报表的部分信息: /=FQ{tLr
(单位:千元) di
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项目 20×8 20×7 g%4-QCZ,
营业收入 64 000 48 000 \XCs(
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营业成本 54 000 42 000 Io|NL6[
净利润 30 -20 CGbW]D$@
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20×8年12月31日 20×7年12月31日 \(cu<{=rU
存货 16 000 12 000 ujXC#r&
流动资产 60 000 50 000 $f7#p4;}(
总资产 100 000 90 000 Ki,]*-XO
流动负债 20 000 18 000 j;=+5PY
总负债 30 000 25 000 fM]zD/ g
在审计过程中,约翰发现以下事项: w3:Y]F.ot
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: |0vY'A)]
借:银行存款5 820 000 N*|Mfpf
财务费用 180 000 9} :n
贷:应收票据6 000 000 %i]q} M
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: zRx-xWo
借:营业外支出 3 000 000 `jSxq66L p
贷:预计负债 3 000 000 h:Q*T*py
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: w[^s)1
借:预计负债 3 000 000 NJ/6_e
贷:银行存款 2 500 000 &DYHkG
营业外收入 500 000 1ZJP.T`
要求: xx
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(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 +#"CgZ]
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: N32!*TsWs
(a)20×8年存货周转率 .8<bz4
(b)20×8年销售毛利率 ac6L3=u\
(c)20×8年总资产净利率 Q0Y0Zt,h
(d)20×8年12月31日的流动比率 RCsQLKqF
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) *T$`
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【答案】 'gxSHqeI2
(1)应选择营业收入作为计算重要性水平的基础。 s_N?Y)lS+(
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 P5yS`v$@
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 jqPQ=X
销售毛利率=(64000-54000)/64000×100%=15.63% L%# #U'e
3
总资产净利率=30/[(100000+90000)/2]=0.03% ytf.$P
流动比率=60000/20000=3 c`yLn%Of%
(3) OxqK}%=Bw
a.应建议做如下审计调整分录: ~c%H3e>Jcq
借:应收票据 6 000 000 wN-3@
贷:短期借款 5 820 000 x=pq-&9>B
财务费用 180 000 @MWrUx
b.应建议做如下审计调整分录: ;?"]S/16,
借:预计负债 3 000 000 z4D[>2*
贷:营业外支出 500 000 >V2Tr$m j
其他应付款 2 500 000 ypM0}pdvTp