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)。 ,P5HR
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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: a'Aru^el
(Expressed in RMB thousands) 6eQrupa
FINANCLAL STATEMENTS ITEMS QULrE+@
20×8 arDY@o~
20×7 A.y"R)G
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Sales Qg1LT8
64000 `/Z8mFs Y
48000 -!7QH'
Y$Fbi2A4
Cost of sales \5X34'7
54000 OB5{EILej
42000 'gQm%:qU3r
Jg: Uv6eN+
Net profit u!;kBs
30 G=\rlH]N
-20 :Im_=S[0
l--xq^,`o]
ZH.
l^'(W
December 31, 20×8 YW>|gE
December 31, 20×7 vFy/
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Inventory \:^$ZBQr<n
16000
<9B43
12000 4 YI
,:
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Current assets >>K)
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60000 &\K,kS [.r
50000 +)Z,%\)Z
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Total assets :|P"`j
100000 nL@P{,J
90000 , lT8gQ|u
U{{RRK|
Current liabilities aU 5t|S6
20000 q0SvZw]f1
18000 B.|2w
C$M^<z
Total liabilities m
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30000 KmpX^Se[
25000 V?
5QpBKI
Q8T4_p[-o
90teXxg=|
During the audit, John has the following findings: A#LK2II^
(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: 9sJbz=o]r
Dr. Cash in Bank RMB 5820000 Wf>UI)^n
Dr. Financial Expenses RMB 180000 7ug mZO}lL
Cr. Notes Receivable RMB 6000000 0nG&
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(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: Et
N"K-X
Dr. Non-operating Expenses RMB 3000000 Za4 YD
Cr. Provisions RMB 3000000 ,T"(97"
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 rDm>Rm=
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: $kkdB,y
Dr. Provisions RMB 3000000 %[;<'s5e~
Cr. Cash in Bank RMB 2500000 _U/etlDTO
Cr. Non-operating Income RMB 500000 W=PDOzB>K
Required: ukvz#hdE
(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. \>1M?
(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: dID]{
(a)Inventory Turnover Rate in 20×8; :IbrV@gN{@
(b)Gross Profit Ratio in 20×8; I-&/]<5y
(c)After Tax Return on Total Assets in 20×8; and v;jrAND
(d)Current Ratio as at December 31, 20×8 80l(,0`,
(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. V ;"?='vVe
【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。 eAm7*2
以下是未经审计财务报表的部分信息: RSzp-sKB
(单位:千元) G
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项目 20×8 20×7 !(l,+@j
营业收入 64 000 48 000 3l<)|!f]g
营业成本 54 000 42 000 ,Lox?}t
净利润 30 -20 sW|u
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20×8年12月31日 20×7年12月31日 $(#o)r>_R
存货 16 000 12 000 uh`~K6&*\w
流动资产 60 000 50 000 i
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总资产 100 000 90 000
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流动负债 20 000 18 000 4$SW~BpQ
总负债 30 000 25 000 H*; J9{
在审计过程中,约翰发现以下事项: $?ke "
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ;bkS0Vmg
借:银行存款5 820 000 m6+2rD
财务费用 180 000 +-
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贷:应收票据6 000 000 [sACPn$f
(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: ~'v^__8
借:营业外支出 3 000 000 Xqf"Wx(X
贷:预计负债 3 000 000 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: B>YrDJUN
借:预计负债 3 000 000 izmL8U
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贷:银行存款 2 500 000 0z.`
营业外收入 500 000 G'}%m;-mt
要求: q'",70"\
(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。 Lu1>A {et
(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: aH,0+ |
(a)20×8年存货周转率 wz>j>e6k`
(b)20×8年销售毛利率 r{p?aG
(c)20×8年总资产净利率 9bqfZ"6nXY
(d)20×8年12月31日的流动比率 89+m?H]K
(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) -
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【答案】 }5zH3MPQH
(1)应选择营业收入作为计算重要性水平的基础。 N[dhNK"
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 %C'!
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 vE6/B"b
销售毛利率=(64000-54000)/64000×100%=15.63% LW ntZ.
总资产净利率=30/[(100000+90000)/2]=0.03% $].< /
流动比率=60000/20000=3 NVJvCs)3f
(3) *kZJ
a.应建议做如下审计调整分录: 2$\Du9+
借:应收票据 6 000 000
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贷:短期借款 5 820 000 @ iao"&
财务费用 180 000 g&riio7lx
b.应建议做如下审计调整分录:
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借:预计负债 3 000 000 jpOi Eo
贷:营业外支出 500 000 %w'@:~0
其他应付款 2 500 000 r|?2 @VE