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)。 &LRO^[d
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: 8.9Z0
(Expressed in RMB thousands) EDMuQu/D8
FINANCLAL STATEMENTS ITEMS ]kXiT Yg
20×8 %r1NRg8
20×7 Q{s9
{
`QpkD8
Sales F/91Es
64000 4CUzp.S`h
48000 m
&o6j>C
{yo<19kV@
Cost of sales #le1
^
<w7
54000 =l7@YCj5c
42000 Ka EL*
!^~
^D<
Net profit U3R;'80 f
30 =;hz,+
-20 4 f)B@A-
Oz3JMZe
%25GplMT
December 31, 20×8 gk &
December 31, 20×7 >S<`ri'5_
_>b=f
Inventory fD^$ y
8
16000 s7"NK"
12000 aYJTSgW
uq.!{3)8
Current assets })v`` +
60000 [&Yrnkgr
50000 sbeS9vE
mE|?0mRA %
Total assets }Kt`du=
100000 6cO36
90000 MmI[
:
(:g ZZG
Current liabilities DJ zJ$Q
20000 5]-q.A5m
18000 LqZsH0C
No|T#=BZ[
Total liabilities S2;u!f
30000 t<F*ODn
25000 ZOAHM1ci
#N?VbDK9_
E.Vlz^B
During the audit, John has the following findings: ,Y)7M3I
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 3PLYC}Jq
Dr. Cash in Bank RMB 5820000 >cTSX
Dr. Financial Expenses RMB 180000 K:<j=j@51
Cr. Notes Receivable RMB 6000000 ]
I&l0Fx
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: ]!um}8!}
Dr. Non-operating Expenses RMB 3000000 |c<h&p
Cr. Provisions RMB 3000000 d~0k}|>
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 SS)9+0$
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:
eYpK!9
Dr. Provisions RMB 3000000 (aeS+d x
Cr. Cash in Bank RMB 2500000 j[ fE^&
Cr. Non-operating Income RMB 500000 Ie z`g<r
Required: (C3:_cM5
(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. ZC99/NWN
(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: y#B4m`9
(a)Inventory Turnover Rate in 20×8; h /iL/Q=
(b)Gross Profit Ratio in 20×8; 762c`aP_(
(c)After Tax Return on Total Assets in 20×8; and ehpU`vQz
(d)Current Ratio as at December 31, 20×8 hI$IBf>
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. #CV;Np
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 +u[^@>_I0
以下是未经审计财务报表的部分信息: hFQ*50n}
(单位:千元) "hbCP4
项目 20×8 20×7 {%&!x;%
营业收入 64 000 48 000 j*6>{_[
营业成本 54 000 42 000 : Yb_
净利润 30 -20 1(diG&
4#Bzq3,|
20×8年12月31日 20×7年12月31日 ?niv}/'%O
存货 16 000 12 000 )wM881_!
流动资产 60 000 50 000 Qq|c%FZ
总资产 100 000 90 000 Fd1t/B,
流动负债 20 000 18 000 59l9^<{A
总负债 30 000 25 000 YXlaE=9bn
在审计过程中,约翰发现以下事项: "n, %Hh
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: %(X^G
L
借:银行存款5 820 000 %7S{
g
财务费用 180 000 1_B;r9x
贷:应收票据6 000 000 f;`7}7C
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: ,Qh9}I7;C
借:营业外支出 3 000 000 '44I}[cA/
贷:预计负债 3 000 000 oG$OZTc
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: g9.y`o}c
借:预计负债 3 000 000 Oj F]K,$
贷:银行存款 2 500 000 _g]h \3
营业外收入 500 000 8=-/0y9,
要求: \gW6E^
(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。 O4g2s8k
(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: )4;$;
a1
(a)20×8年存货周转率 $fhR1A
(b)20×8年销售毛利率 UfNcI[xr
(c)20×8年总资产净利率 "<
$J
U@P
(d)20×8年12月31日的流动比率 ,{jF)NQaP
(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) r @URs;O=
【答案】 f5`q9w_c
(1)应选择营业收入作为计算重要性水平的基础。 #ULzh&yO
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 i4dy0jfN
hcT5> w[
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 r]B`\XWz
销售毛利率=(64000-54000)/64000×100%=15.63% = tY%k!R
总资产净利率=30/[(100000+90000)/2]=0.03% \!Wph5wA
流动比率=60000/20000=3 l|S_10x5
(3) G
Tz>}@W
a.应建议做如下审计调整分录: vWZ?*0^
借:应收票据 6 000 000 !F08F>@D
贷:短期借款 5 820 000 j\\uW)ibG
财务费用 180 000 !E~czC\p6
b.应建议做如下审计调整分录: 87-z=>IU
借:预计负债 3 000 000 ,KaO8^PB
贷:营业外支出 500 000 x4CSUcKb
其他应付款 2 500 000 R/\ qDY,@