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)。 ~)k OOoH
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: =d{B.BP(
(Expressed in RMB thousands) ^lp#j;Df
FINANCLAL STATEMENTS ITEMS j
m]d:=4_
20×8 3wQUNv0z
20×7 ^=lh|C\#
D V
Sales g2&%bNQ-5
64000 Id/-u[-yo
48000 ?C[W~m P
aB N^J_
Cost of sales nSM8o<)H
54000 U>,E]'
42000 K9*vWoP'
b3Uw"{p
Net profit xxsa
x/h
30 S{q c1qj
-20 Cmsg'KqqT
8)wxc1
vIL'&~C\y
December 31, 20×8 ODbEL/
December 31, 20×7 /:YM{,]
N'8u}WO
Inventory vH^6O:V
16000 O)$rC
12000 90
7N;r
vSOO[.=
Current assets v*.[O/,EBR
60000 r}-si^fo;
50000 rW8.bMmM
LR:v$3 G(
Total assets .9cQq/{b
100000 ~6)
A/]6
90000 .d JX,^
kgq"b)
Current liabilities rF3QmR?l
20000 m ll-cp
18000 5Hli@:B2s
\-]zXKl2k
Total liabilities hnk,U:7}
30000 OzVCqq"]
25000 )}/ ycTs
+ Z7 L&BI
z frEM
During the audit, John has the following findings: P?#I9y7iP
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: !iys\ AV
Dr. Cash in Bank RMB 5820000 Q.]$t
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Dr. Financial Expenses RMB 180000 '^npZa'%sW
Cr. Notes Receivable RMB 6000000 t-;zgW5mwF
(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: FyF./
Dr. Non-operating Expenses RMB 3000000 w
jVmK
Cr. Provisions RMB 3000000 kK,Ne%}a2K
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 fj7\MTy
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: SU,#:s(
Dr. Provisions RMB 3000000 }MCh$
Cr. Cash in Bank RMB 2500000 i40'U?eG~6
Cr. Non-operating Income RMB 500000 `GBa3
Required: `X:o]t@
(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. |=o)|z2
(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: I*SrKZb
(a)Inventory Turnover Rate in 20×8; $ #*";b)QY
(b)Gross Profit Ratio in 20×8; \~r`2p-K
(c)After Tax Return on Total Assets in 20×8; and o4zX
41W
(d)Current Ratio as at December 31, 20×8 ^%qe&Pe2
(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. ~\{a<
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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。 WLy%|{/
以下是未经审计财务报表的部分信息: ]RvFn~E!s
(单位:千元) MyJ\/` 8
项目 20×8 20×7 BM
vGw
营业收入 64 000 48 000 a(eKb2 CX
营业成本 54 000 42 000 -K@mjN
净利润 30 -20 O-=~
Bn
_
cm'`u&S
20×8年12月31日 20×7年12月31日 r=J+
存货 16 000 12 000 C3]"y7
流动资产 60 000 50 000 s2X<b
`
总资产 100 000 90 000 M SnRx*-
流动负债 20 000 18 000 k$ORV U
总负债 30 000 25 000 v|7=IJ
在审计过程中,约翰发现以下事项: (*K=&e0O
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: - _KO}_
借:银行存款5 820 000 9K6G%
财务费用 180 000 +W7#G `>
贷:应收票据6 000 000 Sc/\g
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: 0^-1/Ec
借:营业外支出 3 000 000 hHsN(v
贷:预计负债 3 000 000
0DB8[#i%:
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: zgnZ72%
借:预计负债 3 000 000 mWP1mc:M(
贷:银行存款 2 500 000 l2*o@&.
营业外收入 500 000 !!\x]$v
要求: fN!lXPgM
(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。 ~ubcD6f
(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: z#|tcHVFT
(a)20×8年存货周转率 5{Oq* |
(b)20×8年销售毛利率 7/969h^s
(c)20×8年总资产净利率 +I>V9%%vW_
(d)20×8年12月31日的流动比率 !j8
DCVb
(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) JGRL
&MG4
【答案】 ; "K"S[
(1)应选择营业收入作为计算重要性水平的基础。 Yf?h
l
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 9{cpxJ
)7jJ3G*
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ,vh$G 7D
销售毛利率=(64000-54000)/64000×100%=15.63% @r*w 84
总资产净利率=30/[(100000+90000)/2]=0.03% hR+\,P#G[
流动比率=60000/20000=3 +.2OZ3(
(3) 6g
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a.应建议做如下审计调整分录: m 5_
借:应收票据 6 000 000 !x$6wzKa
贷:短期借款 5 820 000 8 t5o&8v
财务费用 180 000 8-&c%h
1
b.应建议做如下审计调整分录: =MjkD)l
借:预计负债 3 000 000 Gpf9uj%
贷:营业外支出 500 000 M->BV9
其他应付款 2 500 000 Iy#=Nq=