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)。 |MGT8C&^!
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: g^A^@~M
(Expressed in RMB thousands) Mu`_^gG
FINANCLAL STATEMENTS ITEMS q-Z<.GTq
20×8 R4;1LZ8XzS
20×7 +I5\`By=
j}.gK6Yq*
Sales wX)'1H):T
64000 va
F1e:(
48000 _Kaqx"D
5lHt~hB\
Cost of sales ! N2uJ?t
54000
yT OZa-
42000 ."dT6u E
9U<WR*H
Net profit 9{fP.ifdv7
30 m33&obSP
-20 #g$I>\O<
c
`3`}&g#
`?=3[
December 31, 20×8 Fu{VO~w
December 31, 20×7 JzN "o'
PH%t#a!j3/
Inventory b&`~%f-
16000 7#"NKxb
12000 <$?#P#A
XHJdynt/
Current assets ek5j;%~g1
60000 46T(1_Xt~
50000 0);5cbV7i
cG0)F%?X?
Total assets [p'2#Et
100000 *<cRQfA1
90000 &J/!D#
/'{vDxZf R
Current liabilities 3"Oipt+
20000 M/W9"N[ta
18000 Y{j~;G@Wl
_)vX_gCi
Total liabilities
SPb`
Q"
30000 PYi<iSr
25000 7<70\6
bl!pKOY
Oi|cTZ@A-
During the audit, John has the following findings: O2 Y|<m
(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: ~ a2A"#f
Dr. Cash in Bank RMB 5820000 7n .A QII
Dr. Financial Expenses RMB 180000 c[M
4l
Cr. Notes Receivable RMB 6000000 ^[[@P(e>
(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: $Xo_8SX,
Dr. Non-operating Expenses RMB 3000000 )M7yj O!
Cr. Provisions RMB 3000000 !Usmm8!K
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 oD2! [&
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: ;FwUUKj
Dr. Provisions RMB 3000000 1H">Rb30@
Cr. Cash in Bank RMB 2500000 + rB3\R"d
Cr. Non-operating Income RMB 500000 nO6UlY
Required: <
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(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. 6E_~8oEl
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: T)22P<M8
(a)Inventory Turnover Rate in 20×8; s'tXb=!HO
(b)Gross Profit Ratio in 20×8; ecl6>PS$'
(c)After Tax Return on Total Assets in 20×8; and aC9iNm8w
(d)Current Ratio as at December 31, 20×8 ?7CdJgJp
(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. arKf9`9
【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。
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以下是未经审计财务报表的部分信息: ,>(X}Q
(单位:千元) ^K[xVB(&
项目 20×8 20×7 vbd
;Je"
营业收入 64 000 48 000 ]c_lNHssmq
营业成本 54 000 42 000 #%GBopv
净利润 30 -20 3k6Dbz
<au_ S\n
20×8年12月31日 20×7年12月31日 OFv-bb*YZ
存货 16 000 12 000 Q!-"5PX
流动资产 60 000 50 000 LmsPS.It
总资产 100 000 90 000 dcemF
流动负债 20 000 18 000 ffB<qf)?G
总负债 30 000 25 000 yp]v
Dm
在审计过程中,约翰发现以下事项: ?:GrM!kq76
(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: , =*^XlO=c
借:银行存款5 820 000 }n^}%GB
财务费用 180 000 jl;N
Fk%
贷:应收票据6 000 000 Xq"9TYf$
(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: WM$Z?CN%KB
借:营业外支出 3 000 000 A0.xPru1p
贷:预计负债 3 000 000 7Fa<m]k
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: U\{I09@E 0
借:预计负债 3 000 000 hms Aim9i
贷:银行存款 2 500 000 Wvd-b
e
营业外收入 500 000 F-~Xbz%
要求: kMzDmgoxNg
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 g~|x^d^;|
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: Lo[;{A$u
(a)20×8年存货周转率 qoph#\
(b)20×8年销售毛利率 [r]<~$
(c)20×8年总资产净利率 DKlHXEt>
(d)20×8年12月31日的流动比率 D ][I#vh
(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) ze+S_{
【答案】 ept:<!4
(1)应选择营业收入作为计算重要性水平的基础。 iRW5*-66f
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 uRuu!{$
<T'fJcR
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 N1n\tA?
销售毛利率=(64000-54000)/64000×100%=15.63% K;`*n7=IA
总资产净利率=30/[(100000+90000)/2]=0.03% i7\>uni
流动比率=60000/20000=3 rw@N=`4P
(3) )=N.z6?
a.应建议做如下审计调整分录: #N=_-
借:应收票据 6 000 000 E>QEI;
贷:短期借款 5 820 000 \"yR[.Q?
财务费用 180 000 Br$/hn=
b.应建议做如下审计调整分录: (a,`Y.
借:预计负债 3 000 000 v<0S@9~
贷:营业外支出 500 000 nu|?F\o!
其他应付款 2 500 000 _ -ec(w~/