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)。 &RXd1>|c2
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: tH:ea$A
(Expressed in RMB thousands) `.%;|"xR
FINANCLAL STATEMENTS ITEMS U6X~
]| o
20×8 %e7{ke}r
20×7
Wnl8XHPn
aEdFZ
Sales
-/
64000 @.*[CC;&
48000 J+\F)k>r
,-CDF)~G=3
Cost of sales '*>LZo4
54000 OJ UM Y<5
42000 EhB9M!Y`@
bS/` G0!
Net profit 5?;'26iC
30 W~k!qy `
-20 `1EBnL_1
g) v"nNS
zwU8i VDe
December 31, 20×8 Tc:W=\ <
December 31, 20×7 /F;*[JZIb
?xQlX%&`6
Inventory Z(K [oUJx
16000 Pms3X
12000 6xL=JSi~
T|.Q81.NE
Current assets 3!Qt_,
60000 (dMFYL>YP
50000
#EHBS~^
.?I!/;=[
Total assets T]^F%D%
100000 +ZRsa`'^
90000 7v,>sX
+"3eh1q[
Current liabilities .yTk/x?
20000 Od&M^;BQ
18000 $+P
v
fQ
x(]s#D!)
Total liabilities Qmn5umd=?\
30000 d`~#uN
{
25000 (X!/tw,.
)sV#
b
n[4Nu`E9
During the audit, John has the following findings: R1Pnj
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: hsqUiB tc6
Dr. Cash in Bank RMB 5820000 S
OK2{xCG
Dr. Financial Expenses RMB 180000 N7oMtlvL[w
Cr. Notes Receivable RMB 6000000 ?G?=,tV
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: Q`vyDoF
Dr. Non-operating Expenses RMB 3000000 r`;C9#jZ
Cr. Provisions RMB 3000000 IN%>46e`
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 M%B[>pONb7
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: vhL&az
Dr. Provisions RMB 3000000 0'py7
Cr. Cash in Bank RMB 2500000 HO@T2t[
Cr. Non-operating Income RMB 500000 LpmspIPvf
Required: mlVv3mVyR<
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. mKsj7
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: 8
W$="s2
(a)Inventory Turnover Rate in 20×8; ZH0f32K
(b)Gross Profit Ratio in 20×8; Ro<!n>H
(c)After Tax Return on Total Assets in 20×8; and PzV(e)~7
(d)Current Ratio as at December 31, 20×8 QIV<!S
O
(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. ]~K&mNo
【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。 rmabm\QY
以下是未经审计财务报表的部分信息: `PW=_f={
(单位:千元) z=K5~nU
项目 20×8 20×7 *z+\yfOO"
营业收入 64 000 48 000 @wFm])}0
营业成本 54 000 42 000 i3%~Gc63
净利润 30 -20 :jUuw:\
8uT6Q C f
20×8年12月31日 20×7年12月31日 ;9I#>u
存货 16 000 12 000 QE #$bCw
流动资产 60 000 50 000 'D/AL\1{p(
总资产 100 000 90 000 <>e<Xd:77{
流动负债 20 000 18 000 )/U1; O
总负债 30 000 25 000 Dq?2mXOqD
在审计过程中,约翰发现以下事项: A0]o/IBz
(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: #KK(Z\;
借:银行存款5 820 000 yBe/UFp+
财务费用 180 000 b?Jm)
贷:应收票据6 000 000 5o3_x ~e
(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: ZGbZu
借:营业外支出 3 000 000 ib&qH_r/
贷:预计负债 3 000 000 >WDpBn
:
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: u!-eP7;7
借:预计负债 3 000 000 !6%G%ZG@3-
贷:银行存款 2 500 000 @\h(s#sn
营业外收入 500 000 |X.z|wKT6
要求: ^KaMi_--
(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。 CC09:L?
(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: -24.[E/5
(a)20×8年存货周转率 zh.c_>jS
(b)20×8年销售毛利率 *Vc=]Z2G^
(c)20×8年总资产净利率 d5=xOEv;
:
(d)20×8年12月31日的流动比率 !K 9(OX2;
(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) 5`uS<[vA
【答案】 :I$2[K
(1)应选择营业收入作为计算重要性水平的基础。 *]eZ Y
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ]Bsq?e^
*nc4X9
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 E\zhxiI
销售毛利率=(64000-54000)/64000×100%=15.63% </=PN1=A
总资产净利率=30/[(100000+90000)/2]=0.03% |pgkl`
流动比率=60000/20000=3 bVx]r[
(3) =z/F=1^<
a.应建议做如下审计调整分录: :mrGB3x{
借:应收票据 6 000 000 &f yFU
g
贷:短期借款 5 820 000 ry\']\k
财务费用 180 000 5ZcnZlOOQ
b.应建议做如下审计调整分录: @Y,F&8a$
借:预计负债 3 000 000 d!t@A
贷:营业外支出 500 000 !LJ.L?9qw
其他应付款 2 500 000 AWDjj\Q4