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)。 "Y\_
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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: {P*m;a`}
(Expressed in RMB thousands) i'\T R|qd
FINANCLAL STATEMENTS ITEMS KIWe@e
20×8 '}$Dgp6e
20×7 4^URX>nx8
$LU"?aAW
Sales t]-5 ]oI
64000 |DsnNk0c
48000 0'IBN}
*BR ^U$,e
Cost of sales @*sWu_-Y%
54000 `]W|8M
42000 /i77
&%-73nYw
Net profit 6:~v4W!k
30 8w.YYo8`
-20 rEF0oJ.
*M"}z
qT^I?g"!
December 31, 20×8 r9dyA5oD
December 31, 20×7 G["c\Xux
6H7],aMg$A
Inventory (P$H<FtH
16000 $ ,
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12000 vuYSVI2=H
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Current assets )vSRHE
60000 S;-
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50000 15sp|$&`
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Total assets @/31IOIV]`
100000 Nal9M[]c
90000 b1($R[
a0#J9O_
Current liabilities gdQvp=v]
20000 z5YWt*nm
18000 S.f5v8
1 9CK+;b
Total liabilities >m$ 1+30X
30000 .Fp4:
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25000
>=-(UA
Dg?:/=,=9r
1 |jt"Hz
During the audit, John has the following findings: )<tI!I][j
(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: u`RI;KF~F
Dr. Cash in Bank RMB 5820000 Uw7h=UQh
Dr. Financial Expenses RMB 180000 55fC~J<
Cr. Notes Receivable RMB 6000000 gp\<p-}
(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: 5yz(>EVH
Dr. Non-operating Expenses RMB 3000000 (P:<t6;+
Cr. Provisions RMB 3000000 @n
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 v
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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: Ug<#en
Dr. Provisions RMB 3000000 H|HYo\@F#
Cr. Cash in Bank RMB 2500000 W}mn}gTQ
Cr. Non-operating Income RMB 500000 3z c U%*
Required: W*I(f]8:y`
(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. |0f>aZ
(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: Xx>X5Fy
(a)Inventory Turnover Rate in 20×8; =D<PV
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(b)Gross Profit Ratio in 20×8; fNW"+ <W
(c)After Tax Return on Total Assets in 20×8; and }|8_9Rx0*
(d)Current Ratio as at December 31, 20×8 VG
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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. )`(p9@,V
【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。 P&^;656r
以下是未经审计财务报表的部分信息: ~XmLX)vO/
(单位:千元) m3/O.DY%0
项目 20×8 20×7 5lUF7:A>#
营业收入 64 000 48 000 QvKh,rBFVG
营业成本 54 000 42 000 ,tu.2VQc@
净利润 30 -20 S;286[oq@
F}/S:(6LF2
20×8年12月31日 20×7年12月31日 z?*w8kU&>
存货 16 000 12 000 7Bd-!$j+
流动资产 60 000 50 000 0i\M,TNf*
总资产 100 000 90 000 U ^5Kz-5.
流动负债 20 000 18 000 Evg_q>
总负债 30 000 25 000 J`].:IOh
在审计过程中,约翰发现以下事项: }%{LJ}\Px
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: "4{LN}`
借:银行存款5 820 000 x#xFh0CA
财务费用 180 000 `ux{;4q
贷:应收票据6 000 000 Ku}Z
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: WGZ9B^A
借:营业外支出 3 000 000 lHPd"3HDK
贷:预计负债 3 000 000 Ni-xx9)=
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: 3@$,s~+ 3
借:预计负债 3 000 000 os:A]
贷:银行存款 2 500 000 +b3RkkC
营业外收入 500 000 -7@/[9Gf`:
要求: n%.7h3
(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。 9Hb6nm
(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: <(fRn`)PT
(a)20×8年存货周转率 nz=GlO'[
(b)20×8年销售毛利率 b)qoh^
(c)20×8年总资产净利率 D"2&
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(d)20×8年12月31日的流动比率 ZJzt~
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(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) #Oc]
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【答案】 .yqM7U_
(1)应选择营业收入作为计算重要性水平的基础。 CFMo)"
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 YA_c
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销售毛利率=(64000-54000)/64000×100%=15.63% $Y/
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总资产净利率=30/[(100000+90000)/2]=0.03% qzK
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流动比率=60000/20000=3 %^4CSh
(3) *U,@q4
a.应建议做如下审计调整分录: IYS)7`{]
借:应收票据 6 000 000 L\xk:j1[
贷:短期借款 5 820 000 d"*uBVzXm
财务费用 180 000 (3Two}
b.应建议做如下审计调整分录: [S9K6%w_!
借:预计负债 3 000 000 C.Kh[V\Ut
贷:营业外支出 500 000 .ps-4eXF
其他应付款 2 500 000 e4
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