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)。 T5Fah#-4
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: 7 Ow7|
(Expressed in RMB thousands) ^4fkZh
FINANCLAL STATEMENTS ITEMS 2~@=ua[|=5
20×8 Z~nl{P#
20×7 VC+\RB#:-
*@ o3{0[Z
Sales UF{2Gx
64000 M)xK+f2_[
48000 zR
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vK{K#{
Cost of sales UB1/FM4~
54000 B 3h<K}
42000 dg!sRm1iZ:
A:!{+
Net profit NWpRzh8$u
30 a@a1/
3
-20 "L)pH@)
&qU[wn:1
4|e#b(!
December 31, 20×8 z%KChU
December 31, 20×7 btYPp0o~
O>Sbb2q?"
Inventory }Q=Zqlvz
16000 QXz!1o+"
12000 r%#qbsN
M,@SUu v"
Current assets CL*%06QyE
60000 ?4Lo"igAA
50000 ,J^Op
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Total assets ,*4"d._Y
100000 4_Jdh48-d
90000 &zp5do;m
s7e'9Bx
Current liabilities ?*@h]4+k'
20000 %FU[j^
18000 J$Q-1fjj
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Total liabilities UE4#j\
30000 o7+/v70D
25000 O, {
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uS'ji
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During the audit, John has the following findings: _#O?g=1
(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: 54{"ni2a
Dr. Cash in Bank RMB 5820000 rA`\we)
Dr. Financial Expenses RMB 180000 w(j9[
Cr. Notes Receivable RMB 6000000 zT% kx:Fk
(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: %awS*
Dr. Non-operating Expenses RMB 3000000 ,7(/Il
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Cr. Provisions RMB 3000000 b {5|2&=
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 `9+EhP$RS
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: >DRs(~|V#
Dr. Provisions RMB 3000000 ="DgrH
Cr. Cash in Bank RMB 2500000 07|NPS
Cr. Non-operating Income RMB 500000 ;]Aa
Required: Cf7\>U->
(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 3&:"*A2
(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:
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(a)Inventory Turnover Rate in 20×8; mTfMuPPs[
(b)Gross Profit Ratio in 20×8; }WbN)
(c)After Tax Return on Total Assets in 20×8; and +
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(d)Current Ratio as at December 31, 20×8 S;'eoqN8
(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. ej;taK
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【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。 wM)w[
以下是未经审计财务报表的部分信息: IJ8DN@w9
(单位:千元) 8ilbX)O
项目 20×8 20×7 fF("c6:w(
营业收入 64 000 48 000 2M?
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营业成本 54 000 42 000 pL@zZK0
净利润 30 -20
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20×8年12月31日 20×7年12月31日 X6 ,9D[Nw
存货 16 000 12 000 0UJ`<Bfd
流动资产 60 000 50 000 `5Btg.
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总资产 100 000 90 000 }|Tg_+
流动负债 20 000 18 000 Y14R"*t~
总负债 30 000 25 000 1Q SIZoK7
在审计过程中,约翰发现以下事项: 4E>(Y98
(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: %j">&U.[
借:银行存款5 820 000 dSVu_*y
财务费用 180 000 -ZP&zOsDr
贷:应收票据6 000 000 /8}+#h)[
(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: S I7B6c
借:营业外支出 3 000 000 $>=Nb~t!/
贷:预计负债 3 000 000 P(epG?Qg
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: K eI:/2
借:预计负债 3 000 000 hPz
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贷:银行存款 2 500 000 //lZmyP?
营业外收入 500 000 rR@n>
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要求: (QSWb>np
(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。 {@5WeWlz~
(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: k6'#
(a)20×8年存货周转率 o
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(b)20×8年销售毛利率 !rg0U<bO!
(c)20×8年总资产净利率 `^L<db^A
(d)20×8年12月31日的流动比率 O'-Zn]@.]
(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) df6Ν4L
【答案】 )8 :RiG2B
(1)应选择营业收入作为计算重要性水平的基础。 MQ(/l_=zQ
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 npcBpGL{
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