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)。 zZP&`#TAy
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: &U\//
(Expressed in RMB thousands) ie7P^:T|+
FINANCLAL STATEMENTS ITEMS yh{U!hG
20×8 De<i
8/^=
20×7 PsBLAr\ah
b{;LbHq+G
Sales 2yVQqwQm
64000 rq:sy=;
48000 o90[,
)*&61
Cost of sales M|7][!<G!
54000 iB + _+A
42000 h$p}/A
ysFp$!9Ux
Net profit AJ
z 1
30 _O&P!hI
-20 zb.sh
A@e!~
z&z5EtFUTh
December 31, 20×8 h;A~:}c,
December 31, 20×7 Z<'iT%6+r
zKThM#.Wa
Inventory r|y\FL
16000 \_7'f
12000 g\ H~Y@'{
!w/]V{9`X
Current assets le6eorK8
60000 YD#L@:&gv
50000 $?On,U
VH] <o0
Total assets HBA|NV3.
100000 9H2mA$2jnE
90000 eh,_g.
B/B`=%~5_^
Current liabilities C|]Zpn#{K
20000 WLH ;{
18000 -i]2b
%&eBkN!T
Total liabilities CIz_v.&:
30000 df/7u}>9
25000 KON^
TJ|do`fw>
qAt#0
During the audit, John has the following findings: zrwzI+4
(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: =-avzuy#
Dr. Cash in Bank RMB 5820000 OX [r\
Dr. Financial Expenses RMB 180000 i]& >+R<6
Cr. Notes Receivable RMB 6000000 ;8cTy8
(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: +9M";'\c
Dr. Non-operating Expenses RMB 3000000 TRr%]qd{Hr
Cr. Provisions RMB 3000000 DH uUEv<
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 g
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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: )Jh:~9L%='
Dr. Provisions RMB 3000000 \)W Z D
Cr. Cash in Bank RMB 2500000 3bHB$n
Cr. Non-operating Income RMB 500000 Gsy'':u
Required: @ ZN@EOM$+
(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. #<es>~0!
(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: [buLo*C4:
(a)Inventory Turnover Rate in 20×8; $&s V.fGu
(b)Gross Profit Ratio in 20×8; :bkmm,%O
(c)After Tax Return on Total Assets in 20×8; and <slrzc_>&
(d)Current Ratio as at December 31, 20×8 6Q_ZP#oAV
(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. vZPBjloT!.
【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。 0J
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以下是未经审计财务报表的部分信息: PB~
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(单位:千元) 8&CQx*
项目 20×8 20×7 s<5P sR
营业收入 64 000 48 000 fM"&=X
营业成本 54 000 42 000 uW4.Q_O!H
净利润 30 -20 ADA}_|O
5+t$4N+P
20×8年12月31日 20×7年12月31日 T-x
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存货 16 000 12 000 (^58$IW71
流动资产 60 000 50 000 Sx1OY0)s
总资产 100 000 90 000 T>,[V:
流动负债 20 000 18 000 E0.o/3Gw6
总负债 30 000 25 000 >uFFTik
在审计过程中,约翰发现以下事项: *DQa6,b
(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: wGWv<<Qw"
借:银行存款5 820 000 z Ece>=C
财务费用 180 000 (4/W)L$
贷:应收票据6 000 000 u[nLrEnD
(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: BW ux!
借:营业外支出 3 000 000 RQ4+EW1G
贷:预计负债 3 000 000 (IIZ vCek
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: 9)uJ\NMy
借:预计负债 3 000 000 >[Tt'.S!?
贷:银行存款 2 500 000 r6It)PQ
营业外收入 500 000 *DvQnj
要求: nuw7pEW@?
(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。 onm"7JsO'
(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: uvi&! )x
(a)20×8年存货周转率 AB<%GzW0(
(b)20×8年销售毛利率 szD9z{9"y
(c)20×8年总资产净利率 -op)X>
(d)20×8年12月31日的流动比率 0qW"b`9R
(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) q9c-UQB(!
【答案】 ~.z82m
(1)应选择营业收入作为计算重要性水平的基础。 KGmAnN
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Uy@:-NC)kn
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 <`
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销售毛利率=(64000-54000)/64000×100%=15.63% h)s&Nqg1B
总资产净利率=30/[(100000+90000)/2]=0.03% G[n;%c~`+
流动比率=60000/20000=3 U|8?$/*\
(3) fZQ2<*)pqO
a.应建议做如下审计调整分录: # hw;aQ
借:应收票据 6 000 000 WA.c.{w\
贷:短期借款 5 820 000 "`h.8=-
财务费用 180 000 ^FZ9q
b.应建议做如下审计调整分录: m%c]+Our`
借:预计负债 3 000 000 E&)o.l<h|
贷:营业外支出 500 000 En4!-pWHQ
其他应付款 2 500 000 G/_xn5XDD