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)。 %RK\Hz2q3
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: xs83S.fHg
(Expressed in RMB thousands) DRFuvU+e
FINANCLAL STATEMENTS ITEMS 7.Kjg_N#Tr
20×8 O'yjB$j
20×7 \w@_(4")Qb
zi DlJ3]^
Sales <PuB3PEvV
64000 V y$\.2=
48000 ,zaveQ~l
=|/b[Gd(
Cost of sales !$HWUxM;p
54000 i`;I"oY4
42000 :QNEA3Q
gK'MU
Z()
Net profit wwz
<c5
30 LtBH4A
-20 ?~Des"F6)1
p"Y=
oCS NA.z
December 31, 20×8 Khl7Ez
December 31, 20×7 cae}dHG2
[A47OR
Inventory =k
z;CS+
16000 V<7Gd8rDMM
12000 (ym)q#^
g@L4G?hLn
Current assets Bv3v;^
60000 Yu=^`I
50000 aum,bm/0J
i y 5
Total assets c=gUY~Rl
100000 qCMcN<:>
90000 \?ZdUY
'%,Re-8O
Current liabilities "?!IPX2\S
20000 ~Y(M>u.+!
18000 *HRRv.iQ
uH#NJoRO
Total liabilities Jc+U$h4
30000 tkmW\
25000 ':=C2x1d|
E9i WGSE
&zR}jD>
During the audit, John has the following findings: m:t$&
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: h$!qb'|
Dr. Cash in Bank RMB 5820000 _rM%N+$&d_
Dr. Financial Expenses RMB 180000 y.Py>GJJ1S
Cr. Notes Receivable RMB 6000000 ~gf$ L9
(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: 9fiZ5\
Dr. Non-operating Expenses RMB 3000000 U6Qeode
Cr. Provisions RMB 3000000 !l~hO
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 g 0L 4
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: B.|vmq,u
Dr. Provisions RMB 3000000 aj\'qRrU$
Cr. Cash in Bank RMB 2500000 )q,}jeM8
Cr. Non-operating Income RMB 500000 I'gnw~
Required: 4Y]`> ;w
(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. hug12Cu
(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: CY:pYke=
(a)Inventory Turnover Rate in 20×8; 1;h>^NOq
(b)Gross Profit Ratio in 20×8; }MX`WW0\]Z
(c)After Tax Return on Total Assets in 20×8; and R8KL4g-d
(d)Current Ratio as at December 31, 20×8 [Xrq+O
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(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 P"z
【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。 UaBR;v-.B3
以下是未经审计财务报表的部分信息: lbPxZ'YO#
(单位:千元) _I9TG.AA.
项目 20×8 20×7 }LRAe3N%8
营业收入 64 000 48 000 JsC0^A;fM
营业成本 54 000 42 000 Xk3Ufz]QN
净利润 30 -20 l*eA
?Qz
Zj JD@,j
20×8年12月31日 20×7年12月31日 X:Zqgf
存货 16 000 12 000 fkYQ
3d,`
流动资产 60 000 50 000 Hq~ 2,#Ue
总资产 100 000 90 000 YP7<j*s8
流动负债 20 000 18 000 " n\!y~:
总负债 30 000 25 000 >eXNw}_j
在审计过程中,约翰发现以下事项: OhTO*C8
(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: rEViw?^KT
借:银行存款5 820 000 = FE,G*
财务费用 180 000 ]mc,FlhU@
贷:应收票据6 000 000 P$Dr6;
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: s^U^n//
借:营业外支出 3 000 000 (X8N?tJ
贷:预计负债 3 000 000 IJ0RHDod:
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: 6?~pWZ&k_
借:预计负债 3 000 000 ("aYjKk
贷:银行存款 2 500 000 suVS!}
C
营业外收入 500 000 %6n;B|!
要求: 3lJK[V{'#'
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 B4b UcYk
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: GP[$&8\M
(a)20×8年存货周转率 ,"/_G
(b)20×8年销售毛利率 <D=%55
(c)20×8年总资产净利率 W4T>@b.
(d)20×8年12月31日的流动比率 qc@CV:
(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) tTC[^Dji
【答案】 tZ4W]od
(1)应选择营业收入作为计算重要性水平的基础。 Kh3*\x T
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 *p +%&z_<
nIXq2TzJ
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 *"4
OX
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销售毛利率=(64000-54000)/64000×100%=15.63% $Nnz|y
总资产净利率=30/[(100000+90000)/2]=0.03% O'o`
流动比率=60000/20000=3 ,sXa{U
(3) C S+6!F]
a.应建议做如下审计调整分录: 4km=KOx[
借:应收票据 6 000 000 )7:2v1Xr]
贷:短期借款 5 820 000 0E{$u
财务费用 180 000 YI&7s_%
-
b.应建议做如下审计调整分录: =|=9\3po
借:预计负债 3 000 000 YP+0uZ[g
贷:营业外支出 500 000 |Q.t]TR'P
其他应付款 2 500 000 91`biVZfA