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)。 FHOF6}if
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: !94q F,#1
(Expressed in RMB thousands) wa1Qt
FINANCLAL STATEMENTS ITEMS $Sls9H+.
20×8 0Ba*"/U]t~
20×7 i(O+XQ}Fyx
|&u4Q
/0
Sales u,~/oTgO
64000 (baBi9<P=
48000 ;X;q8J^_K_
0]k-0#JM
Cost of sales 2e?a"Vss
54000 7ILb&JQ!%{
42000 ;)Fc@OXN>
ZVIlVuZ}
Net profit 'f_[(o+n
30 8*&|Q1`K:
-20 &*j# [6
GtLnh~)
!-AK@`i.
December 31, 20×8 WJU[+|J
December 31, 20×7 as^!c!
/0 2-0mNv
Inventory 2'U+QK@
16000 &"6%D|Z0
12000 $*$X5
R1?LB"aN
Current assets wNm 1H[{
60000 NTV@,
50000 R LNto5?
3]rd!Gp=*
Total assets | K w}S/F
100000 H: rrY
90000 eKvQS}11
l1
UN.l'p
Current liabilities HDHC9E6
20000 *f-8egt-
18000 3[Z7bhpV
L %20tm
Total liabilities 2fFGS.l
30000 R>B4v+b
25000 vYNu=vnM
A
GMrBd|J{
mO^)k
During the audit, John has the following findings: Nhrh>x[wJ
(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: ~y" ^t@!E
Dr. Cash in Bank RMB 5820000 "w&G1kw5I
Dr. Financial Expenses RMB 180000 l*-$H$
Cr. Notes Receivable RMB 6000000 dQ-:]T (
(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: 5Y#~+Im=[@
Dr. Non-operating Expenses RMB 3000000 5pz(
6gA
Cr. Provisions RMB 3000000 aTFT'(O,
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 w$$vR
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: QHPC?a6CD
Dr. Provisions RMB 3000000 ' Ivr =-
Cr. Cash in Bank RMB 2500000 ^GC 8^f
Cr. Non-operating Income RMB 500000 I?X!v6
Required: }ZB:nnG
(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. eb=#{
(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: u&Cu"-%=M
(a)Inventory Turnover Rate in 20×8; h
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(b)Gross Profit Ratio in 20×8; :
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(c)After Tax Return on Total Assets in 20×8; and rvETt
(d)Current Ratio as at December 31, 20×8 JXAH/N&i
(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. j-(k`w\
【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。 )uazB!X
以下是未经审计财务报表的部分信息: Bs;.oK5!n@
(单位:千元) Zp_vv@s
项目 20×8 20×7 |#J!oBS!
营业收入 64 000 48 000 (0!U,8zz
营业成本 54 000 42 000 $;As7MI
净利润 30 -20 v~KgCLo
~T:L0||.%9
20×8年12月31日 20×7年12月31日 !~QmY,R
存货 16 000 12 000 R}0xWPt9G
流动资产 60 000 50 000 hWAZP=H
总资产 100 000 90 000 w<jlE8u
流动负债 20 000 18 000 D)GD9MJ
总负债 30 000 25 000 %dDwus
在审计过程中,约翰发现以下事项: XHYVcwmDz-
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: eGk`Z>
借:银行存款5 820 000 n+H);Dg<8
财务费用 180 000 Wer.VL
贷:应收票据6 000 000 /2fQM_ ,P
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: >*e,+ok
借:营业外支出 3 000 000 f{ER]U
贷:预计负债 3 000 000 c5AEn -Q
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Xw]L'+V=
借:预计负债 3 000 000 S T25RJC
贷:银行存款 2 500 000 I7} o>{
营业外收入 500 000 xAJuIR1Hi
要求: b5Vn _;V*
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 09w<@
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(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: NTy0NH
(a)20×8年存货周转率 IrTMZG
(b)20×8年销售毛利率 o bt
Xtqew
(c)20×8年总资产净利率 `uLH3sr
(d)20×8年12月31日的流动比率 KV]8
o'
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) k \V6q9*
【答案】 [RFF&uy
(1)应选择营业收入作为计算重要性水平的基础。 p}9bZKyf
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 4@1C$|k
+9[s(E?SY
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 /qObXI
销售毛利率=(64000-54000)/64000×100%=15.63% $Y&rci]
总资产净利率=30/[(100000+90000)/2]=0.03% A-5'OI
流动比率=60000/20000=3 D/Hob
(3) %2z]2@
a.应建议做如下审计调整分录: :vRUb>z
借:应收票据 6 000 000 5@< D6>6
贷:短期借款 5 820 000 AD4Ot5
财务费用 180 000 ~CQTPR
b.应建议做如下审计调整分录: <imIg
t|`2
借:预计负债 3 000 000 < (<IRCR
贷:营业外支出 500 000 TYN~c(
其他应付款 2 500 000 }RN&w]<