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)。 K1]m:Y<
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: Ao>] ~r0
(Expressed in RMB thousands) GqB]^snh
FINANCLAL STATEMENTS ITEMS V4kt&61
20×8 2Ur9*#~kGp
20×7 _s{on/u
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Sales M-Gl".*f
64000 jinDKJ,n;
48000 z.EpRJn
vU(2[
Cost of sales eP6`"<UM
54000 . AJ(nJ)
42000 `rEu8u
xfYDjf :<
Net profit \!D <u'n
30 Te&F2`vo
-20 \D
Oq x
q5<'pi
GcXh
V
December 31, 20×8 S[g{
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December 31, 20×7 LDilrG)
Pyfj[m4+}
Inventory rt- ^?2c?
16000 M:&g5y&
12000 >9F&x>~
7mG/f
Current assets f'501MJu
60000 Yn!)('FdT!
50000 BC|=-^(
DL$O274uZ
Total assets ,ru2C_LQ
100000 X;[$yW9hE
90000 &z'NQ!uV
BCy#
Td
Current liabilities ,+LX.f&/8!
20000 r57CyO
18000 :zN{>,sC
l-?B1gd,l
Total liabilities ~MuD`a7#G
30000 Yi?X|"\`
25000 v[-.]b*5A$
-B+Pl*
ollJ#i9
During the audit, John has the following findings: B4fMD]
(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: 2VB|a;Mo
Dr. Cash in Bank RMB 5820000 ANqWY&f
Dr. Financial Expenses RMB 180000 6}b1*xQ
Cr. Notes Receivable RMB 6000000 z
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(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: v2Lx4:dzi
Dr. Non-operating Expenses RMB 3000000 o|r8x_!+
Cr. Provisions RMB 3000000 bA/,{R
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 t(d$v_*y51
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: ,gag_o{*a
Dr. Provisions RMB 3000000 F@4TD]E0^
Cr. Cash in Bank RMB 2500000 W
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Cr. Non-operating Income RMB 500000 1#]0\Y(
Required: ;^fGQ]`4
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. D7v-+jypp
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: by*?PhfF
(a)Inventory Turnover Rate in 20×8; )(^L*
(b)Gross Profit Ratio in 20×8; cOhx
(c)After Tax Return on Total Assets in 20×8; and Q:nBx[%
(d)Current Ratio as at December 31, 20×8 }02#[vg
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. W>^WNo3YQ$
【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。 |DB7o+4
以下是未经审计财务报表的部分信息: 45?aV@
(单位:千元) Dm^Bk?#(
项目 20×8 20×7 jFE1k(2e
营业收入 64 000 48 000 3u&>r-V6Fn
营业成本 54 000 42 000 i\h"N K
净利润 30 -20 _BC%98:WP
roiUVisq*
20×8年12月31日 20×7年12月31日 `lI(SS]w
存货 16 000 12 000 KM'*+.I
流动资产 60 000 50 000 9YMD[H\}V
总资产 100 000 90 000 r2t|,%%N7
流动负债 20 000 18 000 ]H%SGQPn
总负债 30 000 25 000 moop.}O<
在审计过程中,约翰发现以下事项: "xr=:[n[
(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: \Uz7ar#,
借:银行存款5 820 000 utH/E7^8
财务费用 180 000 G6*P]<
贷:应收票据6 000 000 AbqeZn
(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: pUp&eH
借:营业外支出 3 000 000 j@ehcK9|
贷:预计负债 3 000 000 ^0x0 rY
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: JI)@h 4b
借:预计负债 3 000 000 t@ _MWF
贷:银行存款 2 500 000 cPx]:sC
营业外收入 500 000 ff{L=uj
要求: uT\|
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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。 #0:N$'SZ
(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: -gq,^j5,
(a)20×8年存货周转率 ulA||
(b)20×8年销售毛利率 +VE]
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(c)20×8年总资产净利率 w6Owfq'v
(d)20×8年12月31日的流动比率 fV>
12ici
(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) OrG1Mfx&2%
【答案】 T_=IH~"
(1)应选择营业收入作为计算重要性水平的基础。 i(hL6DLD
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Qp?+G~*
b23 5Zm
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 NKy Ksu
销售毛利率=(64000-54000)/64000×100%=15.63% ^8z~`he=_J
总资产净利率=30/[(100000+90000)/2]=0.03% U8||)+
流动比率=60000/20000=3 oh?@[U
(3) j0X Jf<
a.应建议做如下审计调整分录: K}OY!|
借:应收票据 6 000 000 Dr_ (u<[
贷:短期借款 5 820 000 3D2\#6yo
财务费用 180 000 "/#=8_f
b.应建议做如下审计调整分录: #Yd'Vve
借:预计负债 3 000 000 8AGP*"gI
贷:营业外支出 500 000 8Ry%HV9VE
其他应付款 2 500 000 0t^Tm0RzH