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)。 CHckmCgf4
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: ==npFjB
(Expressed in RMB thousands) , Y^GQ`~#
FINANCLAL STATEMENTS ITEMS
R*O<
(
20×8 q0*d*j F0u
20×7 .#{m1mr
$u cmE
Sales f{j`d&|
64000 (R]b'3,E$
48000 m't8\fo^w
ipD/dx.
Cost of sales 8SN4E
54000 bL2b^UB~%
42000 E`b<^l`
,56objaE
Net profit hQ}y(2A.XI
30
om{aws;
-20 X\1.,]O >
)@_5}8
~=t K17i
December 31, 20×8 )Ec /5=A
December 31, 20×7 @a}\]REn
&~"e["gF=
Inventory jJ3dZ<#
16000 _i2guhRs*Q
12000 }K|40oO5
o)+Uyl
Current assets W3A9uk6
60000 Rg7~?b-
50000 \<%?=C'w~
$q g/8G
Total assets qa,i:T(w
100000 *n_7~ZX
90000 bE1@RL
-"5r-q q*
Current liabilities "qhQJql
20000 c
^7QiTt_
18000 64l(ru<
pwmH(94$0
Total liabilities _)MbvF
30000 =2/[n8pSsM
25000 N4u-tlA
kqZ+e/o>O9
)KKmV6>b
During the audit, John has the following findings: LfX[(FP
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 0[R7HX-@
Dr. Cash in Bank RMB 5820000 fBnlB_}e
Dr. Financial Expenses RMB 180000 QygbfW6u
Cr. Notes Receivable RMB 6000000 sEx`9_oZ
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: :|N(:W>=$Y
Dr. Non-operating Expenses RMB 3000000 .Lp\Jyegs
Cr. Provisions RMB 3000000 <CN+VXF
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 `|e3OCU
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: %YwIR.o
Dr. Provisions RMB 3000000 c}mWAZ=wF
Cr. Cash in Bank RMB 2500000 c;7`]}fGu
Cr. Non-operating Income RMB 500000 dReJ;x4
Required: ]SG(YrF
(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. h`pXUnEZ
(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: wqA7_
-
(a)Inventory Turnover Rate in 20×8; ,2]a<0m
(b)Gross Profit Ratio in 20×8; nZ/pi$7
(c)After Tax Return on Total Assets in 20×8; and O_^;wey0}?
(d)Current Ratio as at December 31, 20×8 "U*6?]f
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. KVp3pUO
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 Z?)=4|
以下是未经审计财务报表的部分信息: et}
%E9
(单位:千元) !1xX)XD4y
项目 20×8 20×7 M{ O8iq[
营业收入 64 000 48 000 "w:?WS
营业成本 54 000 42 000 6Jd.Eg ~A7
净利润 30 -20 h5}:>yc
6HRr4NDcj
20×8年12月31日 20×7年12月31日 x"{WLZ
存货 16 000 12 000 -}9># <v
流动资产 60 000 50 000 /7uAf{
总资产 100 000 90 000 V2IurDE
流动负债 20 000 18 000 4 {rj 4P?
总负债 30 000 25 000 r;8X6C
在审计过程中,约翰发现以下事项: A3Oe=rB
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: /s "Lsbe
借:银行存款5 820 000 !EB[Lutm
财务费用 180 000 (!0fmL
贷:应收票据6 000 000 .{4U]a;[
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: 4x2,X`pe3
借:营业外支出 3 000 000 E[2xo/H
贷:预计负债 3 000 000 }S6"$R
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: _!E)a
借:预计负债 3 000 000 Q=#N4[W'
贷:银行存款 2 500 000 E{xcu9
营业外收入 500 000 L<Q>:U.@\
要求: ;ji["b
(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。 S94S[j0D
(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: 8 EUc
6
(a)20×8年存货周转率 6 B*,Mu4A
(b)20×8年销售毛利率 N~+ e\K6
(c)20×8年总资产净利率 maVfLVx-
(d)20×8年12月31日的流动比率 y-lBaTE9
(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) z65Q"A
【答案】 `w EAU7m:
(1)应选择营业收入作为计算重要性水平的基础。 \&b1%Asyz
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 @=dwvl' W
vY!'@W
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 J1"16Uu
销售毛利率=(64000-54000)/64000×100%=15.63% !30BR|K*
总资产净利率=30/[(100000+90000)/2]=0.03% /<Yz;\:Jy
流动比率=60000/20000=3 uc]`^,`2/
(3) f8S! FGiNc
a.应建议做如下审计调整分录: 4}Dfi5:
借:应收票据 6 000 000 ?XB[awTD~
贷:短期借款 5 820 000 .dKFQH iYJ
财务费用 180 000 '|@?R |i0
b.应建议做如下审计调整分录: &sg~owz
借:预计负债 3 000 000 m*~Iu<5L
贷:营业外支出 500 000 Cnv?0to2l
其他应付款 2 500 000 XB;C~: